Xcel Energy overview

Industry
Electricity, Steam and Natural Gas Utility
Revenue
Headquarters
Employees
11,075
Founded In
Website
Organization Type
Public
Social Media
Xcel Energy is engaged in the generation, purchase, transmission, distribution, and sale of electricity. It operates through 5 segments: electricity, natural gas, renewable energy, transmission, and innovation. The company is engaged in generating electricity using coal, nuclear, natural gas, hydro, solar, biomass, oil and refuse, and wind energy sources; developing and leasing natural gas pipelines, and storage and compression facilities; and investing in rental housing projects. Xcel Energy was founded in 1909 and is based in Minneapolis, Minnesota.
The staff at Xcel Energy come from unusually diverse demographic backgrounds. The company is 43.1% female and 33.0% ethnic minorities. The diversity in Xcel Energy employees extends to employee political beliefs. Its employees are politically diverse and represent a balanced blend of political orientations, with 48.4% Democrats and 48.8% Republicans. Despite their political differences, employees at Xcel Energy seem to be happy. The company has great employee retention with staff members usually staying for 5.3 years.The average employee at Xcel Energy makes $52,242 per year. Pay at Xcel Energy is significantly lower than some of its highest paying competitors, like Dynegy, NV Energy, and AVANGRID, which pay $79,525, $75,107, and $72,132, respectively.
Xcel Energy is an industry leader with 11,075 employees and an annual revenue of $15.0B that is headquartered in Minneapolis, MN.

Xcel Energy's Mission Statement

We provide our customers the safe, clean, reliable energy services they want and value at a competitive price.

3.0/5

Xcel Energy employee reviews

Based on 7 ratings

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Job openings at Xcel Energy
111 Positions
Average salary at Xcel Energy
$52,242 yearly

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Xcel Energy employee reviews

Xcel Energy employee reviews
3.0/5

Based On 7 Ratings

Work At Xcel Energy? Share your experience.
Employee Reviews
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3.0
A zippia user wrote a review on Oct 2023
Pros of working at Xcel Energy

Union

Cons of working at Xcel Energy

Management does not hold poor union performers accountable. It creates a toxic work environment.

Xcel Energy Benefits

Holidays and vacation

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5.0
A zippia user wrote a review on Mar 2021
Pros of working at Xcel Energy

Great pay and benefits. Many opportunities to learn and grow. working for a company that cares about the environment and is doing something about it.

Cons of working at Xcel Energy

Not much except there is more than enough work to go around and there are many long days but the work is very rewarding and meaningful.

Xcel Energy Benefits

Great benefits and generous PTO including Volunteer Paid Time off

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3.0
A zippia user wrote a review on Feb 2021
Pros of working at Xcel Energy

Great pay and bonuses.

Cons of working at Xcel Energy

Awful management and nepotism

Xcel Energy Benefits

Somewhat flexible hours.

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4.0
A zippia user wrote a review on Jun 2020
Pros of working at Xcel Energy

Formality of a large company, competitive pay, and great benefits

Cons of working at Xcel Energy

The size makes communication difficult / time consuming at times

Xcel Energy Benefits

Experience for a young intern

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1.0
A zippia user wrote a review on Jul 2019
Pros of working at Xcel Energy

Working with great people

Cons of working at Xcel Energy

Discrimination from upper management-retaliation if you do the right thing and report unsafe conditions

Xcel Energy Benefits

Medical benefits

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4.0
A zippia user wrote a review on Jul 2019
Pros of working at Xcel Energy

I think , is a good company

Cons of working at Xcel Energy

I don’t have anything to say

Xcel Energy Benefits

Flexibility , retirement plan

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The team at Xcel Energy

  • The key people at Xcel Energy is Robert C. Frenzel.
Key People
Robert C. Frenzel
The Inside Scoop
As a leading electric and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3. 4 million electricity customers and 1. 9 million natural gas customers across the eight states: Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. Xcel Energy's workforce of more than 12,000 is rising to the challenge of a dynamic, constantly changing utility industry.

Xcel Energy Rankings

Xcel Energy is ranked #75 on the Best Energy Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Xcel Energy salaries

The average a Xcel Energy salary in the United States is $52,242 per year. Xcel Energy employees in the top 10 percent can make over $90,000 per year, while Xcel Energy employees at the bottom 10 percent earn less than $30,000 per year.
Average Xcel Energy Salary
$52,242
yearly
$25.12 hourly
Updated March 14, 2024

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Xcel Energy diversity

9.9
Diversity Score
We calculated Xcel Energy’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Xcel Energy’s workforce.
Xcel Energy diversity summary. Zippia estimates Xcel Energy's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Xcel Energy's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Xcel Energy's workforce.
  • Xcel Energy has 11,075 employees.
  • 43% of Xcel Energy employees are women, while 57% are men.
  • The most common ethnicity at Xcel Energy is White (67%).
  • 15% of Xcel Energy employees are Hispanic or Latino.
  • 7% of Xcel Energy employees are Asian.
  • The average employee at Xcel Energy makes $52,242 per year.
  • Xcel Energy employees are most likely to be members of the republican party.
  • Employees at Xcel Energy stay with the company for 5.3 years on average.

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Xcel Energy Office Locations

Xcel Energy is headquartered in Minneapolis, MN

Biggest Xcel Energy Locations

Xcel Energy Financial Performance

9.9
Performance Score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Xcel Energy currently has 15.3B in revenue. Xcel Energy's most recent quarter produced 3.7b (q3'2023).

Xcel Energy annual revenue

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Highest paying Xcel Energy competitors

Compare Xcel Energy salaries to competitors, including Dynegy, NV Energy, and AVANGRID. Employees at Dynegy earn the highest average yearly salary of $79,525. The salaries at NV Energy average $75,107 per year, and the salaries at AVANGRID come in at $72,132 per year.

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Xcel Energy FAQs

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Zippia gives an in-depth look into the details of Xcel Energy, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Xcel Energy. The employee data is based on information from people who have self-reported their past or current employments at Xcel Energy. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Xcel Energy. The data presented on this page does not represent the view of Xcel Energy and its employees or that of Zippia.

Xcel Energy may also be known as or be related to XCEL Energy Inc., Xcel Energy, Xcel Energy Foundation, Xcel Energy Inc and Xcel Energy Inc.