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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.
Prairie Island upgrade
December 4, 2014
Xcel responded Wednesday to a lawsuit brought by contractor Babcock & Wilcox, which claims it is owed $45 million for upgrades at the Prairie Island n

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.
Coal reductions
November 22, 2014
Minnesota utilities are well on track to meet the EPA's proposal to cut greenhouse-gas emissions from the nation's power plants by an average of 30 pe

June 3: Feds point to Minnesota as example of how to cut greenhouse gases

The EPA cited the state's efforts as an example for others to follow as new regulations regarding greenhouse gases and clean energy goals are set.
Business
October 30, 2014

Xcel Energy's results fall short because of mild weather

Xcel Energy Inc.'s third-quarter profit rose slightly but missed analysts' expectations largely because of mild weather.Xcel said Thursday its adjusted earnings were $369 million, or…
Business
October 25, 2014

Xcel signs deal to construct three large solar projects near Minnesota cities

The utility said the project could reduce carbon dioxide emissions by 7 million tons.
Xcel's new business
August 27, 2014
Xcel Energy executives said Thursday they are moving closer to setting up transmission businesses that will move electricity to customers other than t

Aug. 1: Xcel will build multistate power transmission projects

The utility is entering the competitive business of building large transmission projects to serve customers beyond its own. Xcel sees opportunities in the Midwest and Southwest.
Business
August 27, 2014
Investigators are trying to determine how Xcel’s upgrade of its Monticello plant went off budget, and who should pay extra.

July 12: Xcel board under scrutiny in Monticello cost overrun

Company denied claim that board's role in "dysfunctional" process led to overruns on Monticello project.
Minnesota solar power
August 17, 2014
Dave Willard of Forest Lake is a Connexus Energy customer who invested $950 to purchase the output of one solar panel on the cooperative utility’s r

Power surge in Minnesota's solar industry

The industry, once focused largely on installing solar photovoltaic panels for homes, businesses and government, now is seeing a surge in investment by electric utilities.
Business
August 15, 2014

Feb. 12, 2013: 'Buy the Farm' law not working, Minnesota landowners say

Landowners affected by power lines have a right sell their property to utilities, but a court's limitations on the law provoked frustration.
Business
August 6, 2014

Xcel to increase safety-related investments in its natural gas system

The company says it wants to invest more to replace old natural gas lines, equipment.
Monticello nuclear plant
July 8, 2014
The Monticello plant is about 40 miles from the Twin Cities.

July 17, 2013: Monticello nuke plant cost estimates doubled

Xcel is about to restart the Monticello plant after a four-month shutdown that allowed workers to replace aging pumps and other equipment. The upgrades are intended to extend the life of the 43-year-old reactor another two decades and boost its output.
Xcel rate hike
July 8, 2014
The gray concrete walls of the Monticello nuclear power plant, 40 miles north of the Twin Cities.

Aug. 8, 2013: PUC slashes Xcel rate hike in half

Utility regulators pledged to investigate massive cost overruns at Xcel Energy's Monticello nuclear plant and approved a rate increase to $8, from $7.11, but rejected original request to $10.
Monticello nuclear plant
July 8, 2014
The Monticello nuclear power plant is a safe reactor, a regulator said. But she said Xcel Energy needs to look more closely at how procedural decision

April 1: NRC troubled by 'degraded' Monticello performance

U.S. inspectors last year cited Xcel Energy for inadequate catastrophic flood planning. Now, the Nuclear Regulatory Commission wants to know why.
Outdoors
June 26, 2014
The U.S. Environmental Protection Agency will determine if Xcel’s Sherco plant is sending haze to two national parks.

EPA to reassess Sherco coal power plant's effect on two national parks

Xcel's coal-fired generators at Becker may require expensive retrofits or early retirement.
Xcel rate hike
June 24, 2014
The Monticello Nuclear Generating Plant is operated by Xcel Energy. The plant, which opened in 1971, generates enough electricity to power nearly half

Commerce Department: Reject 60% of Xcel's electric rate hike

The state Commerce Department, which analyzes utility rates on behalf of consumers, wants regulators to throw out more than half of Xcel's requested rate hike of $291 million over two years.
Xcel electric rates
June 23, 2014
Conservationists propose that Xcel Energy apply tiered pricing to its Minnesota residential power customers, as it does in Colorado and as Minnesota P

June 6: Xcel plan raises rate for energy hogs

Advocates say the proposal, which must be OK'd by the Public Utilities Commission, will promote conservation.
Business
June 21, 2014
Xcel Energy’s Riverside plant in Minneapolis is one of seven statewide that employ “combined-cycle” power generators.

Minnesota could face bigger carbon-reduction hurdle

Regulators and utilities are still parsing a complex greenhouse gas rule proposed by federal regulators.
Business
June 13, 2014

Some Silicon Energy panels made in Minnesota are cracking, discolored

Silicon Energy halted production as it analyzes why some panels have cracked or are discolored.
Business
May 2, 2014
Xcel Energy said its first-quarter results were helped by the severe winter experienced in Minnesota and other parts of its service region. File photo

Unusual cold helped Xcel Energy, CenterPoint bottom lines

Xcel, CenterPoint saw their profits increase thanks to the bitter cold.
Business
May 2, 2014

Xcel doesn't expect to face huge cost from federal cross-state regulations

The utility once worried that its Texas coal-fired power plants might have to be shut down.
Business
April 23, 2014
Ground-based solar arrays like this one are expected to become commonplace.

Xcel sets stage for solar bidding war

Renewable energy companies will compete to build large, utility-size solar parks.
Business
April 19, 2014
Geronimo Energy plans about 20 solar arrays across the state with panels that track the sun, like these at St. John’s Abbey and University in Colleg

Sun shines on renewable energy firm

After winning a competition to build Minnesota's largest solar power project, Geronimo Energy has emerged as a major force in the state's renewable energy sector.
Monticello nuclear plant
March 31, 2014
Xcel's nuclear plant in Monticello, shown in a file photo, generates enough power for about a half-million homes.

Jan. 20: Xcel temporarily shuts Monticello plant for repairs

Xcel Energy shut down its recently upgraded Monticello Nuclear Power Plant over the weekend, saying it needed to repair a heat exchanger in the reactor coolant system.
Business
March 31, 2014

Feb. 10: Monticello nuclear plant back online

  Xcel Energy said Monday that its Monticello nuclear power plant is back in service after a two-week outage for repairs. The plant 45 miles…
Solar in Minnesota
March 28, 2014
The PUC authorized Xcel Energy to negotiate with Edina-based Geronimo Energy for the construction of 20 large solar arrays around the state.

Largest Minnesota solar project gets tentative approval

Utility regulators, faced with a choice of solar power or natural gas-fired generators, authorized Xcel Energy to negotiate final deals for both energy sources.