The company was formed from the merger of Northern States Power in Minnesota, Northern States Power in Wisconsin and New Century Energies.
Xcel Energy main areas of business are the production and sale of electricity and natural gas.
At Xcel Energy include the following subsidiaries:
- Northern States Power Company Minnesota
- Northern States Power Company Wisconsin
- Public Service Company of Colorado
- Southwestern Public Service Company
- Xcel Energy Services Inc.
On January 21, 2005 Xcel Energy announced it had sold its business Cheyenne ( Wyoming) Light, Fuel & Power electricity to natural gas to the company Black Hills Corporation.
Xcel Energy 's electricity and natural gas provider in the U.S. states of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.
Owned In total there are 71 power plants with a capacity of 16,042 MW, of which 18 coal power plants, 17 gas-fired plants and 27 hydroelectric power plants. Nine percent of the energy produced was recovered by renewable energy in 2007, which was designated for wind power 2700 MW, a value which is to be increased by 2020 to 7400 MW.
Furthermore, the two nuclear power plants Monticello and Prairie Iceland belong to the company.