Xcel Energy proposes transmission line for South Dakota
Otter Tail Power joins Xcel in filing a permit for a 765 kV line to meet growth and ensure grid reliability in the Upper Midwest.
Latest Xcel Energy News & Updates
See the latest news and media coverage for Xcel. We track all announcements, press releases, and industry mentions in real time, all in one place.
Electric and natural gas utility
xcelenergy.com- Headquarters
- Minneapolis, United States
- Company type
- Public company
- Number of employees
- 10,000+
- Industry
- Electric Utilities
Last updated
Latest news about Xcel Energy (Xcel)
In short: Xcel faced regulatory decisions on rate hikes, expanded renewable projects, and implemented wildfire mitigation strategies.
Company announcements
Xcel Energy outlines wildfire mitigation plan for Texas
The plan filed with Texas regulators includes AI-enabled cameras, weather stations, inspections, and grid upgrades to reduce wildfire risk and enhance public safety.
Xcel Energy's hydro facilities face extremely low water levels
Reduced river flows in Wisconsin from drought are prompting operational adjustments and public cautions.
Xcel Energy breaks ground on two Minnesota energy projects
The Minnesota Energy Connection transmission line and Lyon County Generating Station will connect renewable energy and strengthen grid resiliency, with completion expected in 2028.
Media coverage
Colorado PUC approves Xcel Energy gas rate settlement, raising average residential bills 8.6 percent
The Colorado PUC approved an 8.6% natural gas rate increase for Xcel Energy, raising average residential bills by $5.16 a month, effective October 6.
Colorado Public Utilities Commission cuts Xcel Energy's natural gas rate request
The Colorado Public Utilities Commission reached a final decision September 4, 2026, significantly reducing Xcel Energy's proposed natural gas rate increase, saving ratepayers 35 percent...
Xcel Energy stock holds at $77.68 as Q2 earnings growth and data center plan draw scrutiny
Xcel Energy stock is trading at $77.68 after Q2 2026 earnings growth, while regulators and communities weigh in on the utility's rate increases and data...
Consumer advocates urge state board to reconsider Xcel's hefty increase
Two utility ratepayer advocates urged state regulators to reconsider a June order allowing Xcel Energy to raise its Minnesota electric customers' rates by about $210...
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