Xcel Energy profits up 3.6 percent

Higher rates helped boost the electric and natural-gas utility company. However, Xcel is concerned the mild winter weather could hurt its bottom line. The Minneapolis-based company operates in eight states.
Author:
Updated:
Original:

Higher rates helped boost the electric and natural-gas utility company. However, Xcel is concerned the mild winter weather could hurt its bottom line. The Minneapolis-based company operates in eight states.

Next Up

Screen Shot 2019-08-19 at 8.08.05 PM

6 men charged in connection to 'disturbing trend' of carjackings, shootings

The men are accused of three carjackings in one day, as well as other crimes.

YouTube TV, FSN

Report: Fox Sports North is becoming Bally Sports North

The rebranding will reportedly happen prior to the start of the MLB season.

walmart mask

Wisconsin Senate votes to end statewide mask mandate

The joint resolution now heads to the Republican-controlled state assembly.

P.J. Fleck

Looks like the Gophers can put Fleck-to-Tennessee rumors to rest

Fleck is annually a hot commodity when coaching jobs open up.

Matt Dumba

Wild drop front end of back-to-back with Kings

The Wild lost consecutive games for the first time this season.

Andrelton Simmons / Minnesota Twins

Twins sign Andrelton Simmons to one-year deal

The former Angels shortstop is a four-time Gold Glove winner.

covid, vaccine

Minnesotans eligible for COVID shots only need to pre-register once for vaccine lottery

This is good news for people worried that they'd need to sign up every week.

police lights

2 people charged in separate Minneapolis homicides that happened hours apart

A woman is accused of stabbing a man in the chest over $60, while a man is accused of accidentally shooting a victim on the man's birthday.

House for sale

Despite pandemic, Twin Cities housing market set records in 2020

Sales were up 7.7% in 2020 compared to the year before.

Target store inside

Target unveils 'limited-edition' home, lifestyle collection with Levi Strauss

The new collection will be available in some stores and everyone online Feb. 28.

Related

Xcel Energy's profit jumps nearly 18 percent in third-quarter

Reduced operating expenses over the summer months helped boost Xcel Energy Inc.'s third-quarter earnings, Dow Jones News reports. The Minneapolis-based utility earned $398 million, up nearly 18 percent from $338.3 million a year earlier.

Xcel Energy profits slip nearly 10 percent

The Minneapolis-based utility reports first-quarter earnings of $184 million compared to $204 million in 2011. Xcel says the drop was expected because we had one of the warmest winters on record.

Xcel Energy rethinks expansion of Prairie Island nuclear plant

The Minneapolis-based utility is asking Minnesota regulators to confirm the $310 million upgrade will benefit customers. Xcel says the project will take more time to complete and produce less power than originally thought. The company also says generating electricity with natural gas is more financially attractive because prices are at 10 year lows.

Xcel Energy sues EPA

The lawsuit aims to help the utility garner more credit for their efforts in atmospheric pollution reduction

Xcel Energy significantly reduces proposed rate hike

The deal still needs approval by the state Public Utilities Commission. If approved, the average Xcel residential customer would see a 2.7 percent rate increase -- or an additional $2.30 a month.