v3.26.3
Revenues
 9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenues
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 Sept. 30, 2026
(Millions of Dollars)ElectricNatural GasAll OtherTotal
Major revenue types
Revenue from contracts with customers:
Residential$1,389 $132 $1 $1,522 
C&I1,798 81 8 1,887 
Other42 — — 42 
Total retail3,229 213 9 3,451 
Wholesale153 — — 153 
Transmission221 — — 221 
Other21 40 — 61 
Total revenue from contracts with customers3,624 253 9 3,886 
Alternative revenue and other264 19 3 286 
Total revenues$3,888 $272 $12 $4,172 
Three Months Ended Sept. 30, 2025
(Millions of Dollars)ElectricNatural GasAll OtherTotal
Major revenue types
Revenue from contracts with customers:
Residential$1,260 $133 $2 $1,395 
C&I1,750 82 5 1,837 
Other40 — 2 42 
Total retail3,050 215 9 3,274 
Wholesale205 — — 205 
Transmission200 — — 200 
Other22 33 — 55 
Total revenue from contracts with customers3,477 248 9 3,734 
Alternative revenue and other161 16 4 181 
Total revenues$3,638 $264 $13 $3,915 
Nine Months Ended Sept. 30, 2026
(Millions of Dollars)ElectricNatural GasAll OtherTotal
Major revenue types
Revenue from contracts with customers:
Residential$3,096 $928 $3 $4,027 
C&I4,514 520 23 5,057 
Other108 — 4 112 
Total retail7,718 1,448 30 9,196 
Wholesale459 — — 459 
Transmission597 — — 597 
Other46 134 — 180 
Total revenue from contracts with customers8,820 1,582 30 10,432 
Alternative revenue and other784 85 11 880 
Total revenues$9,604 $1,667 $41 $11,312 
Nine Months Ended Sept. 30, 2025
(Millions of Dollars)ElectricNatural GasAll OtherTotal
Major revenue types
Revenue from contracts with customers:
Residential$3,065 $977 $3 $4,045 
C&I4,557 521 22 5,100 
Other113 — 6 119 
Total retail7,735 1,498 31 9,264 
Wholesale556 — — 556 
Transmission541 — — 541 
Other61 129 — 190 
Total revenue from contracts with customers8,893 1,627 31 10,551 
Alternative revenue and other458 88 11 557 
Total revenues$9,351 $1,715 $42 $11,108