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Xcel Energy Inc. is a U.S. regulated electric utility and natural gas delivery company based in Minneapolis, Minnesota, serving more than 3.7 million electric customers and 2.1 million natural gas customers across parts of eight states (Colorado, Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, Texas and New Mexico). [3]
On May 3, 1995, Northern States Power Company and Wisconsin Energy Corporation (NYSE: WEC) each filed a Securities and Exchange Commission Form 8-K to combine in a merger-of-equals transaction to form Primergy Corporation, which would be a registered public utility holding company, and to be the new parent of both NSP and of the operating subsidiaries of WEC.
Prior to assuming the role of CEO, Fowke worked in a number of different capacities at Xcel Energy Inc. In 2014, he drew industry admiration as he began navigating the company to become more environmentally sustainable in anticipation of changing EPA regulations. [4] He was the president and COO from August 2009 to August 2011. [1]
Xcel Energy wants to ensure a stable leadership team during its transition to clean energy, so the company's board voted to pay $9 million to Chief Executive Bob Frenzel should he stay through ...
Xcel Energy said it will need to add five to 10 gigawatts of power to the region by 2030 to the current installed capacity of about 7,500 megawatts. A gigawatt is 1,000 megawatts.
Xcel Energy has admitted its infrastructure played a role in the start of the largest fire in Texas history, which has burned over 1,059,570 acres over the course of 10 days and is not fully ...
Colorado electricity production by type. This is a list of electric power generation stations in the U.S. state of Colorado, sorted by type and name.As of December 2022, Colorado has a total summer capacity of 18,084 MW through all of its power plants, and a year long net generation in 2022 of 58,407 GWh. [2]
On October 2, 2015, Xcel Energy filed plans with the Minnesota Public Utilities Commission to shut down the plant's Unit 2 in 2023 and Unit 1 in 2026. [11] Prior to this filing, Xcel had planned to reduce its carbon dioxide emissions across the Upper Midwest by 40% by the year 2030 (from 2005 levels), but closing both of these units will ...