Company Overview

Xcel Energy was created by the merger of Denver-based New Century Energies and Minneapolis-based Northern States Power Co. in 2000. It has more than 15,350 MW of primarily fossil-fueled generating capacity operated by four regulated utilities: Northern States Power Company Minnesota, Northern States Power Company Wisconsin, Public Service Company of Colorado, and Southwestern Public Service Company. It is the 4th largest combination electricity and natural gas company in the U.S. in terms of number of customers served. Xcel has 34,500 miles of natural gas pipelines, and announced plans in 2005 to acquire enough wind power capacity to become the largest utility producer of wind power by 2007. To do so, Xcel plans to increase its current and under-construction wind capacity of 282 MW to 775 MW by adding to its Colorado sytem over the next several years.