v3.26.1
Revenues (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Revenue is classified by the type of goods/services rendered and market/customer type. Xcel Energy’s operating revenues consisted of the following:
Three Months Ended June 30, 2026
(Millions of Dollars)ElectricNatural GasAll OtherTotal
Major revenue types
Revenue from contracts with customers:
Residential$803 $184 $$988 
C&I1,324 105 1,435 
Other31 — 33 
Total retail2,158 289 2,456 
Wholesale89 — — 89 
Transmission190 — — 190 
Other13 44 — 57 
Total revenue from contracts with customers2,450 333 2,792 
Alternative revenue and other290 32 327 
Total revenues$2,740 $365 $14 $3,119 
Three Months Ended June 30, 2025
(Millions of Dollars)ElectricNatural GasAll OtherTotal
Major revenue types
Revenue from contracts with customers:
Residential$881 $212 $— $1,093 
C&I1,474 119 1,600 
Other38 — 40 
Total retail2,393 331 2,733 
Wholesale145 — — 145 
Transmission169 — — 169 
Other22 45 — 67 
Total revenue from contracts with customers2,729 376 3,114 
Alternative revenue and other149 20 173 
Total revenues$2,878 $396 $13 $3,287 
Six Months Ended June 30, 2026
(Millions of Dollars)ElectricNatural GasAll OtherTotal
Major revenue types
Revenue from contracts with customers:
Residential$1,707 $796 $$2,505 
C&I2,716 439 15 3,170 
Other66 — 70 
Total retail4,489 1,235 21 5,745 
Wholesale306 — — 306 
Transmission376 — — 376 
Other25 94 — 119 
Total revenue from contracts with customers5,196 1,329 21 6,546 
Alternative revenue and other520 66 594 
Total revenues$5,716 $1,395 $29 $7,140 
Six Months Ended June 30, 2025
(Millions of Dollars)ElectricNatural GasAll OtherTotal
Major revenue types
Revenue from contracts with customers:
Residential$1,805 $844 $$2,650 
C&I2,807 439 17 3,263 
Other73 — 77 
Total retail4,685 1,283 22 5,990 
Wholesale351 — — 351 
Transmission341 — — 341 
Other39 96 — 135 
Total revenue from contracts with customers5,416 1,379 22 6,817 
Alternative revenue and other297 72 376 
Total revenues$5,713 $1,451 $29 $7,193