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Xcel Energy

Founded by : H.M. Byllesby, 17 June 1909

Hennepin County, United States
Multi-Utilities
More than 5000 employees
https://jobs.xcelenergy.com/

About the Company

Xcel Energy Inc., a utility holding company based in Minneapolis, Minnesota, plays a pivotal role in providing essential electric power and natural gas services to customers across eight states. With a substantial generating capacity exceeding 17,000 megawatts, Xcel Energy serves over 3.6 million electric customers and 2 million natural gas customers. A key hallmark of the company is its steadfast commitment to clean energy. Xcel Energy aims to reduce carbon emissions by 80% by 2030 and has set an ambitious target to provide 100% carbon-free electricity by 2050. The company is recognized as a trailblazer in the adoption of renewable energy sources, boasting a significant portfolio of wind, solar, and hydroelectric power generation. This concerted effort to transition toward cleaner energy sources is an integral part of its operations. Furthermore, Xcel Energy invests in grid modernization and infrastructure upgrades to enhance the reliability and resilience of its electrical and natural gas distribution systems. The company places a strong emphasis on energy efficiency programs, offering incentives to customers to reduce energy consumption and minimize their environmental impact. Community engagement is another cornerstone of Xcel Energy's mission. The company actively participates in community initiatives and environmental stewardship efforts, contributing to the well-being of the communities it serves. For those seeking career opportunities, Xcel Energy provides a diverse range of possibilities in fields such as engineering, operations, customer service, finance, and environmental sustainability. Its unwavering dedication to clean energy and commitment to serving its communities make it an appealing choice for individuals interested in careers within the utility and energy sectors.

Industry Type

According to the GICS (Global Industry Classification Standard) version of March 2023, Xcel Energy’s industry classification falls within the following categories:
  • Sector: Utilities
  • Industry group: Utilities
  • Industry: Multi-Utilities
  • Sub-Industry: Multi-Utilities
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Company Address

414 Nicollet Mall, Minneapolis, Minnesota

Source : Google maps

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