Latest Xcel Energy News & Updates

See the latest news and media coverage for Xcel. We track all announcements, press releases, and industry mentions in real time, all in one place.

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Xcel Energy (Xcel)

Electric and natural gas utility

xcelenergy.com
Headquarters
Minneapolis, United States
Company type
Public company
Number of employees
10,000+

Last updated

Latest news about Xcel Energy (Xcel)

In short: Xcel Energy reported a first-quarter GAAP profit of $556 million while addressing wildfire risks and widespread storm-related power outages.

Company announcements

  • Xcel

    Xcel Energy restores power to over 81,000 customers

    Crews continue addressing outages from snowfall in Colorado. About 18,000 customers remain without power as of 6 p.m. MT. Full restoration expected by Thursday.

  • Xcel

    Xcel Energy restores power amid spring snowstorm

    Approximately 30,000 customers remain without power as of 7:30 a.m. MT. Crews prioritize large-scale repairs before neighborhoods and individuals. Customers are advised to report outages and follow safety tips.

  • Xcel

    Xcel Energy gains approval for natural gas plant

    The 420-megawatt Lyon County Generating Station in southwest Minnesota will support grid reliability, backing renewables. Construction starts summer 2026; operations begin late 2028.

  • Xcel

    Xcel proposes large load customers pay for power infrastructure

    This supports data center energy demand while ensuring reliable, affordable service for existing customers. They submitted it to the Colorado Public Utilities Commission.

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