Xcel Energy

Xcel Energy is a leading regulated electric utility and natural gas delivery company based in Minneapolis, Minnesota. Founded in 1909 as Northern States Power Company, it has grown through mergers and now serves approximately 3.7 million electricity customers and 2.1 million natural gas customers across eight states, including Minnesota, Wisconsin, North Dakota, South Dakota, Michigan, Colorado, Texas, and New Mexico. The company generates electricity from a diverse mix of sources, including coal, nuclear, natural gas, wind, hydro, biomass, and solar. It also provides natural gas services, managing the procurement, transportation, storage, and distribution of gas. Xcel Energy is committed to sustainability, with programs like Windsource that allow customers to choose renewable energy options, and it aims to achieve carbon-free electricity by 2050. Additionally, the company offers home services, including appliance repair and maintenance.

Utilities Minneapolis, United States Founded 1909 ~6,815 employees NASDAQ: XEL

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Employees
6,815
+1.1% in 3 months
Revenue / employee
$2M
Revenue ~$13.7B
Stock
XEL
NASDAQ
12-month attrition
6.7%
Tech: 8.3%
H1B filings, FY2024
1
Sponsors visas
Open jobs
161
Last 30 days

Headcount trend

Xcel Energy went from 6,563 employees in Jul 2023 to 6,815 in Jun 2025. Last 6 months: 323 people joined, 131 left.

Org structure

Headcount by department

Other3,567
Operations1,486
Engineering895
Finance215
Sales184
Design131
HR112
Marketing107

Executive compensation

Hiring now

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Salaries at Xcel Energy

All salaries

10 salary profiles in the US

Pay by level, gender and ethnicity

H-1B sponsorship

H-1B Sponsorship Limited
H-1B Filings by Department
Engineering1

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Xcel Energy FAQ

How many employees does Xcel Energy have?

Xcel Energy has about 6,815 employees, up 1.1% over the last 3 months (as of Jun 2025).

Does Xcel Energy sponsor H1B visas?

Yes. Xcel Energy filed 1 H1B (LCA) application in FY2024, according to the latest U.S. Department of Labor disclosures. It was for a Engineering role.

What is Xcel Energy's revenue per employee?

Xcel Energy makes about $2.01M in revenue per employee, based on $13.71B annual revenue and 6,815 employees.

How much does Xcel Energy pay?

6figr has 10 salary profiles for Xcel Energy in the US, with pay broken down by role, level, gender and ethnicity on the Xcel Energy salaries page. See Xcel Energy salaries

Is Xcel Energy a public company?

Yes. Xcel Energy is publicly traded under the ticker XEL on NASDAQ.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles. Updated 11 Oct 2026.