Xcel Energy Overview

Xcel Energy Inc. is a utility holding company based in Minneapolis, Minnesota, serving more than 3.3 million electric customers and 1.8 million natural gas customers in Minnesota, Michigan, Wisconsin, North Dakota, South Dakota, Colorado, Texas and New Mexico in 2017.
The staff at Xcel Energy come from unusually diverse demographic backgrounds. The company is 39.1% 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 47.2% Democrats and 52.2% 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 3.6 years. The average employee at Xcel Energy makes $46,754 per year. Pay at Xcel Energy is significantly lower than some of its highest paying competitors, like PUBLIC SERVICE CO OF COLORADO, Exelon, and The AES, which pay $80,097, $73,177, and $70,255, respectively.
Xcel Energy is an industry leader with 11,075 employees and an annual revenue of $11.4B that is headquartered in Minnesota.

The Organization’s Mission

We are committed to operational excellence and providing our customers reliable energy at a greater value. We are dedicated to improving our environment and providing the leadership to make a difference in the communities we serve.

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.

Industry

Utilities - Regulated

Revenue

$11.4B

Employees

11,075

Founded in

2000

Headquarters

Minneapolis, MN

Website

xcelenergy.com

Organization Type

Public

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The Team At Xcel Energy

Key People
  • Ben Fowke (ceo)
  • Paul Patzloff (Content Strategist, Copywriter & Marketing Consultant)
  • Anette Andruss (Marketing Manager)
  • Sara Dietrich (Director, Strategic Communications)
  • Robert Frenzel (Executive VP, CFO)
  • Mandi Sirek (Director, HR Strategy And Performance)
  • Jeffrey Savage (Senior VP, Controller)
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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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 Reviews

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4.0

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Working with great people Show More

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

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Medical benefits Show More
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Xcel Energy Rankings

Xcel Energy is ranked #7 on the Best Utilities 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.

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Xcel Energy Salaries

How much does Xcel Energy pay?
The national average salary for a Xcel Energy employee in the United States is $46,754 per year. Employees in the top 10 percent can make over $84,000 per year, while employees at the bottom 10 percent earn less than $25,000 per year.
9.5
Salary Score
Average Employee Earnings

Xcel Energy Salaries By Job Title

While Xcel Energy employees earn an average yearly salary of $46,754, different roles can command different wages. Some of the job titles with high salaries at Xcel Energy are Finance Consultant, Engineering Supervisor, Journeyman Lineman, and Lineman Apprentice. A worker with the title Finance Consultant salary at Xcel Energy can earn an average yearly salary of $91,681. To get a better sense of the salaries at Xcel Energy, other roles such as Cashier and Service Attendant can be considered as well. For comparison, the title Cashier at Xcel Energy earns $22,592 per year.

Xcel Energy Careers

On average, employees at Xcel Energy stay with the company for 3.6 years. Employees most commonly join Xcel Energy after leaving U.S. Navy. When they leave Xcel Energy, they most frequently get their next job at UnitedHealth Group.

Average Length of Employment
Entergy4.8 years
Duke Energy4.3 years

Xcel Energy

3.6 years
Top Employers Before Xcel Energy
U.S. Navy16.7 %
Walmart7.5 %
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Top Employers After Xcel Energy
IBM6.3 %
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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.

Revenue

> $1B

Founded in

2000

Organization type

Public

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Xcel Energy Subsidiaries

Subsidiaries to Xcel Energy include PUBLIC SERVICE CO OF COLORADO, Northern States Power Company, and Southwestern Public Service Company. Employees at the parent company, Xcel Energy, earn $46,754. In comparison, the salaries at PUBLIC SERVICE CO OF COLORADO, Northern States Power Company, and Southwestern Public Service Company are $80,097, $60,297, and $59,579.
Company
Average Salary
PUBLIC SERVICE CO OF COLORADO
PUBLIC SERVICE CO OF COLORADO
$80,097
$80k
Northern States Power Company
Northern States Power Company
$60,297
$60k
Southwestern Public Service Company
Southwestern Public Service Company
$59,579
$60k

Xcel Energy Competitors

Competitors of Xcel Energy include PUBLIC SERVICE CO OF COLORADO, Exelon, and The AES. Employees at PUBLIC SERVICE CO OF COLORADO earn more than most of the competition, with an average yearly salary of $80,097. The employees at Exelon earn an average yearly salary of $73,177 per year, and the salaries at The AES average $70,255 per year.

Frequently Asked Questions about Xcel Energy

When was Xcel Energy founded?

Xcel Energy was founded in 2000.

How many Employees does Xcel Energy have?

Xcel Energy has 11,075 employees.

How much money does Xcel Energy make?

Xcel Energy generates $11.4B in revenue.

What industry is Xcel Energy in?

Xcel Energy is in the utilities - regulated industry.

What is Xcel Energy's mission?

Xcel Energy's mission statement is "We are committed to operational excellence and providing our customers reliable energy at a greater value. We are dedicated to improving our environment and providing the leadership to make a difference in the communities we serve."

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, Entergy, American Electric Power, CenterPoint Energy, Southern Company, Exelon, Northern States Power Company, FirstEnergy, Ameren, PPL, Con Edison, PUBLIC SERVICE CO OF COLORADO, P G& E, Public Service Enterprise Group, DTE Energy, Southwestern Public Service Company, The AES, NRG Energy, Land O'Lakes, Waste Management.

Who works at Xcel Energy?

Ben Fowke (ceo)

Paul Patzloff (Content Strategist, Copywriter & Marketing Consultant)

Anette Andruss (Marketing Manager)

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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. 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. The data presented on this page does not represent the view of Xcel Energy and its employees or that of Zippia.