Xcel Energy Company Description
Xcel Energy has accelerated its energy engine into utility markets across the US. The utility holding company distributes electricity to 3.4 million customers and natural gas to 1.9 million in eight states; Colorado and Minnesota account for the majority of its customers. Its regulated utilities -- Northern States Power, Public Service Company of Colorado, and Southwestern Public Service -- have more than 20,500 MW of primarily fossil-fueled generating capacity. Xcel also has 35,200 miles of natural gas transmission and distribution pipelines. Pushing green energy sources, in 2008 Xcel announced that it would develop solar-generated power plants in Colorado as part of its green energy initiative.
View the Comprehensive Company Description for Xcel Energy
The Company Description provides a historical perspective of Xcel Energy's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Xcel Energy's evolution in the marketplace.
