Xcel Energy

An electric and natural gas utility based in Minneapolis.

Business
May 21

Off-peak power rates for plug-in vehicle charging get regulators' OK

The new rates, which take effect in about two months at Xcel Energy Inc. and two other utilities, could shave 40 percent or more off the cost.
May 19

Big industry, utilities win on energy legislation in Minnesota

But small-scale solar power generators face fees from municipal and cooperative utilities.
Business
May 19

Xcel Energy gets permission from FAA to fly drones

The utility will use them to inspect power lines and other energy structures, but only within the operator’s line of sight.
Business
May 4

Minnesota utilities flip switch on large segment of $2.1 billion CapX2020 transmission project

Transmission lines will help ease wind energy bottleneck.
Business
May 1

Xcel Energy agrees to buy N.D. wind farm project

The utility will complete the project being developed by Edina-based Geronimo Energy.
April 9
The University of Minnesota's new Clipper Liberty 2.5 megawatt turbine...

Political divide emerges over Minnesota energy policy

House bill would let utilities decide which renewable energy sources are cheaper.
Business
April 7

Xcel Energy CEO Benjamin Fowke made $7.3 million in 2014

CEO Pay Watch Xcel Energy Inc. Benjamin Fowke III, chairman, president and CEO Total compensation: $7,315,660 for the year ended Dec. 31 Salary: $1,200,000…
Business
March 31

Xcel says two-year rate hike in Minnesota will be 6.1 percent

The overall electric rate increase is well short of earlier projections; specific rates for residential and businesses customers won’t be known for weeks.
Business
March 11

Regulators put off decision on Xcel Energy's request for size limits on solar gardens

Xcel Energy had raised concern about large projects but must proceed under current rules.
Business
March 6

Xcel can't profit from Monticello cost overruns, regulators say

But Utilities Commission said company can’t collect profit on cost overruns.
Business
March 5

Xcel asks for changes in solar garden rules

The utility said many proposed community solar projects are so big that they should be competitively bid.
Business
February 10

Xcel Energy says proposed giant solar gardens don't look like 'community' projects

Many plans are getting around a requirement that they stay small, and Xcel says these big projects could cost ratepayers.
Business
February 3

Investigation: Xcel failures led to reactor cost overruns

Judge conducting inquiry cites management flaws as work at Monticello nuclear power plant ultimately cost twice what was projected.
Business
February 3

Aug. 27, 2014: Xcel defends handling of Monticello nuclear plant upgrade

Customers or investors will pay millions for work.
Business
February 3

July 9, 2014: Xcel management blamed for cost overruns at Monticello nuke plant

A key question is whether Xcel’s customers or investors will pick up the $345 million in cost overruns. Xcel is pushing regulators to make ratepayers pay the entire cost of the Monticello upgrade.
Business
January 30

Xcel proposes low-cost, off-peak rates for plug-in cars

Owners would charge them overnight and could pick wind power.
Business
January 30

Xcel hopes to avoid 2016 electric hike in Minnesota

Top executives said they want to take a break from the annual electric increases in Minnesota.
Business
January 13

Ecolab signs deal, says it's going all-solar in Minnesota

Company reaches a deal with SunEdison to provide renewable energy for all of its Minnesota operations.
Business
January 2

Xcel to double down on renewable energy in Minnesota

Lower prices for solar and wind farms make them better investments
Business
December 27, 2014

Judge recommends trimming Xcel's latest rate increase request

The judge rejected the utility’s request for a higher basic charge for electricity.
Business
December 19, 2014

Xcel gets 427 solar garden applications in Minnesota

The projects in Minnesota, if all built, would have the combined output of a major power plant.
Business
December 19, 2014

Xcel opens door for community solar gardens

The utility will begin accepting applications from developers to construct solar parks, and many are expected to show interest.
Business
December 15, 2014

Utility regulators authorize Xcel generating projects

The state’s largest solar project and largest gas-and-steam project win regulator approval.
Business
December 11, 2014

Chris Clark named Xcel's Upper Midwest division president

Christopher Clark takes over Jan. 1 and is a 15-year veteran of Xcel.
Business
December 4, 2014

Xcel says it doesn't owe nuclear contractor

Utility files reply and counterclaim in $45 million legal dispute over upgrade costs at Prairie Island Nuclear Power Plant.