Xcel Energy Achieves 57% Carbon Emission Reduction, Aiming for 100% Carbon-Free Electricity by 2050

Reuters
06-05
Xcel Energy Achieves 57% Carbon Emission Reduction, Aiming for 100% Carbon-Free Electricity by 2050

Xcel Energy Inc. has announced significant progress in its sustainability efforts, as detailed in its 20th annual Sustainability Report. The company reported a 57% reduction in carbon emissions from its operations since 2005, aligning with its commitment to provide cleaner energy sources. Xcel Energy has also expanded its services to include data centers, vehicle charging, and home heating, among others, contributing to economic growth. The company maintained a 99.98% reliability in electric service and noted that its residential customers' electric bills are 28% below the national average. Additionally, Xcel Energy invested $5.2 billion with small or local businesses in 2024, facilitating nearly 3,200 new jobs and $5.1 billion in further capital investment across the eight states it serves.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xcel Energy Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250605341957) on June 05, 2025, and is solely responsible for the information contained therein.

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