Xcel Energy is a leading regulated utility based in Minnesota, serving approximately 1.5 million electric and 0.5 million natural gas customers in Minnesota (operating under Northern States Power–Minnesota) and totaling around 3.8 million electric and 2.2 million gas customers across eight states. With annual revenues exceeding $14 billion and more than 11,000 employees, the company provides electricity and gas across diverse energy sources including coal, natural gas, renewables, hydro, and nuclear, with nuclear plants located at Monticello and Prairie Island in Minnesota. Xcel Energy is known for its ambitious sustainability agenda, being the first major U.S. utility to commit in 2018 to delivering 100 percent carbon-free electricity by 2050 (with an interim 80 percent emissions reduction by 2035). The company is also investing in Minnesota’s infrastructure, such as the Minnesota Energy Connection project—an approved 345 kV transmission line aimed at enabling over 2,000 MW of renewable energy expansion and the retirement of coal-fired plants

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