The Culture At Xcel Energy

Information provided by the company
Designed to "inspire from idea to impact," XCELAB is a place where employees can collaborate to explore new ideas, learn about efforts others are developing and work together to put innovation into practice. Employees can use the space for a variety of experiences, from learning about potential company offerings to working together to build out the details that will make ideas work.
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Our environmental commitment includes improving air quality, conserving resources, harnessing renewable energy, and protecting wildlife and habitats. Xcel Energy's vitality comes from our people.
Designed to "inspire from idea to impact," XCELAB is a place where employees can collaborate to explore new ideas, learn about efforts others are developing and work together to put innovation into practice.

Xcel Energy Overview

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 $11.5B that is headquartered in Minneapolis, MN.

The Organization’s Mission

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

Perks of Working at Xcel Energy

At Xcel Energy, employees receive a market-competitive total rewards package that includes a lot more than just a paycheck. This company provides health care coverage and wellness plans, dental and eye care coverage, a 401(k) plan with a company match contribution, and (for most employees) a fully-paid pension, among others.

Xcel Energy Reviews

Zippia Official Logo

5.0

Zippia UserMarch 2021

5.0

Zippia Official LogoZippia UserMarch 2021

What Do You Like About Working There?

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.

What DON'T You Like About Working There?

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.

What Are Your Favorite Benefits/Perks?

Great benefits and generous PTO including Volunteer Paid Time off
Zippia Official Logo

3.0

Zippia UserFebruary 2021

3.0

Zippia Official LogoZippia UserFebruary 2021

What Do You Like About Working There?

Great pay and bonuses.

What DON'T You Like About Working There?

Awful management and nepotism

What Are Your Favorite Benefits/Perks?

Somewhat flexible hours.
Zippia Official Logo

4.0

Zippia UserJune 2020

4.0

Zippia Official LogoZippia UserJune 2020

What Do You Like About Working There?

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

What DON'T You Like About Working There?

The size makes communication difficult / time consuming at times

What Are Your Favorite Benefits/Perks?

Experience for a young intern
Zippia Official Logo

1.0

Zippia UserJuly 2019

1.0

Zippia Official LogoZippia UserJuly 2019

What Do You Like About Working There?

Working with great people

What DON'T You Like About Working There?

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

What Are Your Favorite Benefits/Perks?

Medical benefits
Zippia Official Logo

4.0

Zippia UserJuly 2019

4.0

Zippia Official LogoZippia UserJuly 2019

What Do You Like About Working There?

I think , is a good company

What DON'T You Like About Working There?

I don’t have anything to say

What Are Your Favorite Benefits/Perks?

Flexibility , retirement plan
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The Team At Xcel Energy

Key People

Ben Fowke

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.
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Xcel Energy Company Rankings

Xcel Energy is ranked #69 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

9.2
Salary Score
The national average salary for a Xcel Energy employee in the United States is $52,242 per year. Employees in the top 10 percent can make over $90,000 per year, while employees at the bottom 10 percent earn less than $30,000 per year.
Average Xcel Energy Salary
$52,242
yearly
$25.12 hourly
Updated November 18, 2022
$30,000
10 %
$52,000
Median
$90,000
90 %
Average Employee Earnings
Exelon
$67,914
NiSource
$64,684

Highest Paying Jobs At Xcel Energy

Xcel Energy Demographics Summary

9.9
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Xcel Energy Gender Distribution

Male
Male
57%
Female
Female
43%

Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Xcel Energy. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • 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.

  • On average, employees at Xcel Energy stay with the company for 5.3 years.

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Xcel Energy Employee Political Affiliation

Xcel Energy employees are most likely to be members of the Republican Party. The largest donation made to a political party by a Xcel Energy employee was by BEN Fowke. BEN Fowke donated $16,000 to the Republican Party.

Xcel Energy

Parties

Republican Party

48.8 %
-

Democratic Party

48.4 %
-

Minnesota Democratic–Farmer–Labor Party

2.4 %
-

Libertarian Party

0.4 %
-
Employee Political Donations
NameJob TitlePartyDonation
Marvin McDanielExecutive Vice PresidentRepublican Party$17,100
BEN FowkePresident/Chief Executive OfficerRepublican Party$16,000
Scott WilenskyExecutive Vice PresidentRepublican Party$10,200
ROY PalmerSenior Vice PresidentRepublican Party$9,250
Sharon BorineContinuity DirectorDemocratic Party$6,830
Ford BrownJob Analysis ManagerRepublican Party$6,556
James KellyTechnicianRepublican Party$6,500
Richard KellyPresident/Chief Executive OfficerRepublican Party$6,500
Kent LarsonExecutive Vice PresidentRepublican Party$6,010
David EvesPresidentDemocratic Party$6,000
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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 Annual Revenue

$13B
$11B
$8B
$5B
$3B
$0
2014
2015
2016
2017
2018
2019
2020
2021

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Xcel Energy Subsidiaries

Subsidiaries to Xcel Energy include Northern States Power Company. Employees at the parent company, Xcel Energy, earn $52,242 whereas employees at Northern States Power Company earn $70,350, on average.
Company
ascdesc
Average Salarydesc

Northern States Power Company

Salary Range51k - 96k$70k$70,350
$51k
$96k

Xcel Energy Competitors

Competitors of Xcel Energy include Dynegy, NV Energy, and AVANGRID. The wages at Dynegy average higher than the other similar companies, where the median salary is $79,525 per year. The employees at NV Energy earn an average yearly salary of $75,107 per year, and the salaries at AVANGRID average $72,132 per year.
Companydesc
Average Salarydesc
Dynegy
Salary Range57k - 109k$80k$79,525
NV Energy
Salary Range57k - 98k$75k$75,107
AVANGRID
Salary Range58k - 88k$72k$72,132
Northern States Power Company
Salary Range51k - 96k$70k$70,350
Exelon
Salary Range52k - 87k$68k$67,914
NiSource
Salary Range50k - 83k$65k$64,684
UGI
Salary Range46k - 84k$63k$62,830

Energy Transfer Solutions

Salary Range44k - 87k$62k$62,142
Southern
Salary Range39k - 83k$58k$57,718
CenterPoint Energy
Salary Range40k - 77k$56k$56,143
$36k
$109k

Frequently Asked Questions about Xcel Energy

When was Xcel Energy founded?

Xcel Energy was founded in 1909.

How many Employees does Xcel Energy have?

Xcel Energy has 11,075 employees.

How much money does Xcel Energy make?

Xcel Energy generates $11.5B in revenue.

What industry is Xcel Energy in?

Xcel Energy is in the electricity, steam and natural gas utility industry.

What is Xcel Energy's mission?

Xcel Energy's mission statement is "We provide our customers the safe, clean, reliable energy services they want and value at a competitive price."

What type of company is Xcel Energy?

Xcel Energy is a public company.

Who are Xcel Energy's competitors?

Xcel Energy competitors include Duke Energy, Exelon, Consumers Energy, Energy Transfer Solutions, NiSource, NV Energy, Dynegy, AVANGRID, CenterPoint Energy, Northern States Power Company, Entergy, DTE Energy, UGI, Southern.

Who works at Xcel Energy?

Ben Fowke (CEO)

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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.