ADDED
19, 2026, there were 623,876,813 shares of common stock outstanding, $2.50 par value.
SRP System resiliency plan TCJA 2017 federal tax reform enacted as Public Law No: 115-97, commonly referred to as the Tax Cuts and Jobs Act THI Temperature-humidity index TSR Total shareholder return VaR Value at risk VIE Variable interest entity XLI Xcel Large Industrials Measurements Bcf Billion cubic feet KV Kilovolts KWh Kilowatt hours MMBtu Million British thermal units MW Megawatts MWh Megawatt hours Where to Find More Information Xcel Energy s website address is www.xcelenergy.com.
Through disciplined infrastructure investment and the advantages of our geographic footprint, we continue to deliver some of the lowest energy bills in the nation.
Xcel Energy has invested more than $2 billion over the past decade in a portfolio of renewable and conservation programs that provide customers with clean energy options and help keep bills low.
New demand remains robust in our territories as we fuel the rapid growth from AI and data centers, industrial electrification and electric vehicle adoption.
As such, we are transforming and expanding our electric grid to accommodate this load growth, and supporting our expanded portfolio of renewable energy and distributed energy resources.
Since 2020, our lean operating program has generated $1.5 billion of cumulative savings for our customers, while improving operating outcomes and reducing enterprise risk.
In turn, our residential customers in Colorado have the lowest share of wallet out of all 50 states, and average bills in our other states occupy 5 of the next 11 spots.
Based on available EIA data, the five-year average residential electric and natural gas bills for an Xcel Energy customer are 28% and 12% below the national average.
We continue to support critical programs to help our customers who may need assistance with their energy bills and reached nearly 200,000 customers and provided over $180 million in funding in 2025.
REMOVED
20, 2025, there were 574,552,694 shares of common stock outstanding, $2.50 par value.
SRP System resiliency plan TCJA 2017 federal tax reform enacted as Public Law No: 115-97, commonly referred to as the Tax Cuts and Jobs Act THI Temperature-humidity index TSR Total shareholder return VaR Value at risk VIE Variable interest entity WACC Weighted average cost of capital WMP Wildfire mitigation plan Measurements Bcf Billion cubic feet KV Kilovolts KWh Kilowatt hours MMBtu Million British thermal units MW Megawatts MWh Megawatt hours Where to Find More Information Xcel Energy s website address is www.xcelenergy.com.
Subsidiary / Affiliate Function NSP-Minnesota Electric Gas NSP-Wisconsin Electric Gas PSCo Electric Gas SPS Electric WGI Interstate gas pipeline WYCO Gas storage and transportation Other Subsidiaries See Note 1 to the consolidated financial statements for further information.
New demand remains robust in our territories, including load growth from new data centers, industrial electrification and electric vehicle adoption.
As such, we are transforming and expanding our electric grid to accommodate load growth, renewable energy and distributed energy resources.
We are in the process of installing smart electric meters, which will deliver customer and operational benefits, providing near-real-time communication, allowing customers to know how much energy they are using and what it will cost.
In addition, customers will have new digital tools to make it easier to access their energy information, gain useful insights to understand and manage their energy use and make energy choices that lower their bills.
Customer affordability is critical to successful strategy execution.
Since 2020, our lean operating program has generated nearly $500 million of sustainable savings for our customers, while improving operating outcomes and reducing enterprise risk.
In turn, we delivered our electric and natural gas products in 2024 at a price that is lower than it was ten years ago on an inflation adjusted basis.