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.
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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.
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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.