Xcel Energy (NYSE: XEL), based in Minneapolis, Minnesota, is a public utility company that generates electric power and transmits and sells electricity and natural gas to customers in Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. priorities related to corporate responsibility, Advanced Grid, Cybersecurity, Physical Security, Upgrading the power grid with advanced technologies to improve reliability and security; protecting important systems and infrastructure from unauthorized access or attack; drilling emergency scenarios both with and without external stakeholders to ensure effective response to potential events, Giving both time and money to local nonprofit organizations; supporting energy assistance programs for customers in need, Working with customers to understand their needs and improve the service and products we provide; ensuring a positive customer experience with interactions that are focused, simple and transparent; meeting our scorecard objective of building customer loyalty, Minimizing dependence on any one energy source by using a diverse mix of sources to generate electricity, Offering programs that give customers choice over their energy sources, such as helping them access more wind and solar power or helping them fuel electric or natural gas vehicles, Adopting responsible practices related to employee pay, benefits and equal opportunity, Nuclear Generation, Safety and Waste Management, Maintaining Xcel Energy’s nuclear fleet that provides reliable, carbon-free electricity, in a way that ensures safety and emergency preparedness; safely handling and storing solid waste from nuclear generation, Doing business with responsible, local and/or diverse suppliers for the equipment, materials and services we purchase, Engaging and collaborating with policymakers and providing input on proposed legislation and regulations, Participating in projects to test advanced energy technologies that have potential for providing customers with new products and services in the future; supporting industry research efforts through financial contributions, staff involvement and demonstration projects, Preventing and reducing waste produced from our operations, including coal ash; reusing or recycling waste instead of disposing of it in landfills; operating power plants fueled by waste, Water Quality, Availability and Management, Ensuring the availability of water for electricity generation and all other users; protecting water quality, Avoiding or minimizing impacts to protect species and their habitats; supporting raptor habitat and providing education and conservation opportunities on raptors, Maintaining a workforce of the right size and skill profile, includes our talent management strategy and diversity and inclusion efforts; engaging in community efforts to develop pipeline of future employees; providing competitive employment opportunities and supporting diverse business resource groups, Make it easy for customers to do business with us, Offer products and services that our customers value, Continuously improve how we work to improve efficiency without compromising reliability, Keep total bill increases at or below the rate of inflation. Demand response allows utilities to incent businesses and consumers to reduce their electricity usage during busy times and maintain grids during extreme events. State regulatory staff recently recommended that utilities offer discounts for charging vehicles during off-peak hours. Contact Customer Service. Serve customers with cleaner, reliable energy through increased ownership of wind and solar generation and continued operation of our nuclear fleet. The survey was based on the 24 corporate responsibility issues we identified for our company. We put special emphasis on 10 focus areas that our stakeholders identified as being of most interest to them through a survey conducted in early 2017. Ensure individuals living and working near our facilities are aware of potential hazards and respond safely to them. We continually strive to create value by offering products and services that our customers want and need, and operating in a way that protects the public and drives economic growth. Inclusion and Diversity. Xcel Energy's response to COVID-19 Platte River Power Authority expects fully eliminating emissions will require more distributed resources and changes to how it manages peak demand. Xcel Energy wants to stop buying electricity from the world’s largest high-concentration solar energy plant, located in the San Luis Valley, and it will pay $41 million to the federal government to do it. Box 988 Sioux Falls, SD 57101-0988 Telephone (605) 339-8350 fax 61 21573-9083 We pride ourselves on being your trusted energy provider. Our corporate vision is to be the preferred and trusted provider of the energy our customers need. It starts at the top through a board that is diverse, engaged and experienced. When they sell electricity at peak times, they charge some customers more for that power. First, the respondents ranked their priority issue within five categories. In a filing with regulators, the utility also warned that COVID-19 could raise concerns: “While it is too early to determine the full impact of the pandemic, we have experienced and continue to anticipate a temporary loss of demand response participation from both residential and business customers over the next several months impacting our 2020 forecast.”. They reflect the current priorities of our stakeholders and for our company, where we can have a meaningful impact. Xcel Energy has an opening for an Area Manager, Community & Local Government Affairs that will be located at the Boulder Service Center in Boulder, Colorado. Transform our cost structure to become more efficient and customer focused, while investing in projects that reduce fuel and other expenses for customers. Xcel has not asked the commission to approve a demand response product offering since the 2017 order, the alliance said. BRECKENRIDGE, Colo. (CBS4) – The Town of Breckenridge is partnering with Xcel Energy to provide 11 new charging stations for electric vehicles. Communities, including local government officials, nonprofits and community organizations, and advocacy groups, Personal account representatives for customers in need, Customer communications and account information, Service reliability and timely outage response, Energy affordability and money saving opportunities, Easy billing and online account management, Public safety materials, programs and advertising, Extensive energy-saving programs and tips, Online account management programs and the Xcel Energy app, Online outage map and improved outage communications, Bargaining unit negotiations and communications, Total Rewards statement and tools, such as My Financial Future planning tool, Professional development resources and tuition reimbursement, I Deliver and Innovator recognition awards, Print, electronic and video communications, Volunteer activities and paid-time-off program, United Way campaigns and matching gift program, Grassroots political events and political action committees, Project-specific stakeholder meetings and open house events, Xcel Energy Foundation giving and United Way campaigns, Employee volunteer programs and community board support, Renewable choice and energy efficiency programs, Political action committees and grassroots employee events, Climate change and greenhouse gas emissions, Continuous improvement and cost management, Corporate environmental policy and environmental management system, Voluntary emissions reduction initiatives, Highly rated corporate governance program, Investor meetings, presentations and teleconferences, Annual report, 10-K, 10-Q, proxy, financial press releases and other disclosures, Stock appreciation and company growth prospects, Meet long-term EPS and dividend growth objectives, Deliver a superior total shareholder return relative to our peer group, Corporate strategy that includes a fair return on investment, utility business investment and stakeholder alignment, Clean energy leadership and Steel for Fuel strategy, Highly rated corporate governance programs, Investor relations communications and mobile app. Xcel Energy’s executive leadership also answered the survey to understand our internal priorities. Have a question or concern? While all of these issues are important, we consider the issues highlighted in red to be focus areas. Policy staff develops strategy and engages on energy policy issues, including climate change, environmental policy and sustainability strategy. © Copyright 2021. The table below demonstrates this alignment to our corporate responsibility focus areas. Find more about corporate governance in our 2019 Proxy Statement. Board committees and responsibilities related to corporate responsibility include: The Governance, Compensation and Nominating and Audit committees oversee respectively the Code of Conduct and corporate compliance. “We know our customers want to do their part to save energy, and by expanding our successful demand response programs and introducing new programs, we will provide them with additional opportunities to save energy and money, while also reducing carbon,” Xcel said in a statement. 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