XCEL ENERGY INC
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 21, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 2. Properties
Virtually all of the utility plant property of the operating companies is subject to the lien of their respective first mortgage bond indentures.
| NSP-MinnesotaStation, Location and Unit at Dec. 31, 2023 | Fuel | Installed | MW (a) |
|---|---|---|---|
| Steam: | |||
| A.S. King-Bayport, MN, 1 Unit | Coal | 1968 | 511 |
| Sherco-Becker, MN | |||
| Unit 1 | Coal | 1976 | 680 |
| Unit 2 | Coal | 1977 | 682(b) |
| Unit 3 | Coal | 1987 | 517(c) |
| Monticello, MN, 1 Unit | Nuclear | 1971 | 617 |
| PI-Welch, MN | |||
| Unit 1 | Nuclear | 1973 | 521 |
| Unit 2 | Nuclear | 1974 | 519 |
| Various locations, 4 Units | Wood/RDF | Various | 36(d) |
| Combustion Turbine: | |||
| Angus Anson-Sioux Falls, SD, 3 Units | Natural Gas | 1994 - 2005 | 343 |
| Black Dog-Burnsville, MN, 3 Units | Natural Gas | 1987 - 2018 | 491 |
| Blue Lake-Shakopee, MN, 6 Units | Natural Gas/Oil | 1974 - 2005 | 454 |
| High Bridge-St. Paul, MN, 3 Units | Natural Gas | 2008 | 530 |
| Inver Hills-Inver Grove Heights, MN, 8 Units | Natural Gas/ Oil | 1972 - 1996 | 276 |
| Riverside-Minneapolis, MN, 3 Units | Natural Gas | 2009 | 454 |
| Hydro: | |||
| Hennepin Island-Minneapolis, MN 5 Units | Hydro | 1954-1955 | 6 |
| Wind: | |||
| Blazing Star 1-Lincoln County, MN, 100 Units | Wind | 2020 | 200(e) |
| Blazing Star 2-Lincoln County, MN, 100 Units | Wind | 2021 | 200(e) |
| Border-Rolette County, ND, 75 Units | Wind | 2015 | 148(e) |
| Community Wind North-Lincoln County, MN, 12 Units | Wind | 2020 | 26(e) |
| Courtenay Wind-Stutsman County, ND, 100 Units | Wind | 2016 | 190(e) |
| Crowned Ridge 2-Grant County, SD, 88 Units | Wind | 2020 | 192(e) |
| Dakota Range, SD, 72 Units | Wind | 2022 | 298(e) |
| Foxtail-Dickey County, ND, 75 Units | Wind | 2019 | 150(e) |
| Freeborn-Freeborn County, MN, 100 Units | Wind | 2021 | 200(e) |
| Grand Meadow-Mower County, MN, 67 Units (f) | Wind | 2008 | 99(e) |
| Jeffers-Cottonwood County, MN, 20 Units | Wind | 2020 | 43(e) |
| Lake Benton-Pipestone County, MN, 44 Units | Wind | 2019 | 99(e) |
| Mower-Mower County, MN, 43 Units | Wind | 2021 | 91(e) |
| Nobles-Nobles County, MN, 133 Units | Wind | 2010 | 200(e) |
| Northern Wind-Murray County, MN, 37 Units (g) | Wind | 2023 | 92(e) |
| Pleasant Valley-Mower County, MN, 100 Units | Wind | 2015 | 196(e) |
| Rock Aetna - Murray County, MN, 8 Units | Wind | 2022 | 20(e) |
| Total | 9,081 | ||
(b)Retired on Dec. 31, 2023.
(c)Based on NSP-Minnesota’s ownership of 59%.
(d)RDF is made from municipal solid waste.
(e)Net maximum capacity is attainable only when wind conditions are sufficiently available. Typical average capacity factors are 35-50% for wind facilities. For the year ended Dec. 31, 2023, NSP-Minnesota’s wind facilities had a weighted-average capacity factors of 43%.
(f)Repowered in 2023.
(g)Purchased in 2023.
| NSP-WisconsinStation, Location and Unit at Dec. 31, 2023 | Fuel | Installed | MW (a) |
|---|---|---|---|
| Steam: | |||
| Bay Front-Ashland, WI, 2 Units | Wood/Natural Gas | 1948 - 1956 | 41 |
| French Island-La Crosse, WI, 2 Units | Wood/RDF | 1940 - 1948 | 16(b) |
| Combustion Turbine: | |||
| French Island-La Crosse, WI, 2 Units | Oil | 1974 | 119 |
| Wheaton-Eau Claire, WI, 5 Units | Natural Gas/Oil | 1973 | 240 |
| Hydro: | |||
| Various locations, 62 Units | Hydro | Various | 135 |
| Total | 551 | ||
(a)Summer 2023 net dependable capacity.
(b)RDF is made from municipal solid waste.
| PSCoStation, Location and Unit at Dec. 31, 2023 | Fuel | Installed | MW (a) |
|---|---|---|---|
| Steam: | |||
| Comanche-Pueblo, CO | |||
| Unit 2 | Coal | 1975 | 330 |
| Unit 3 | Coal | 2010 | 500(b) |
| Craig-Craig, CO, 2 Units | Coal | 1979 - 1980 | 82(c) |
| Hayden-Hayden, CO, 2 Units | Coal | 1965 - 1976 | 233(d) |
| Pawnee-Brush, CO, 1 Unit | Coal | 1981 | 505 |
| Cherokee-Denver, CO, 1 Unit | Natural Gas | 1968 | 310 |
| Combustion Turbine: | |||
| Blue Spruce-Aurora, CO, 2 Units | Natural Gas | 2003 | 264 |
| Cherokee-Denver, CO, 3 Units | Natural Gas | 2015 | 576 |
| Fort St. Vrain-Platteville, CO, 6 Units | Natural Gas | 1972 - 2009 | 1,022 |
| Manchief, CO, 2 Units | Natural Gas | 2000 | 250 |
| Rocky Mountain-Keenesburg, CO, 3 Units | Natural Gas | 2004 | 592 |
| Various locations, 8 Units | Natural Gas | Various | 247 |
| Hydro: | |||
| Cabin Creek-Georgetown, CO | |||
| Pumped Storage, 2 Units | Hydro | 1967 | 210 |
| Various locations, 6 Units | Hydro | Various | 23 |
| Wind: | |||
| Rush Creek, CO, 300 units | Wind | 2018 | 582(e) |
| Cheyenne Ridge, CO, 229 units | Wind | 2020 | 477(e) |
| Total | 6,203 | ||
(b)Based on PSCo’s ownership of 67%.
(c)Based on PSCo’s ownership of 10%.
(d)Based on PSCo’s ownership of 76% of Unit 1 and 37% of Unit 2.
(e)Net maximum capacity is attainable only when wind conditions are sufficiently available. Typical average capacity factors are 35-50% for wind facilities. For the year ended Dec. 31, 2023, PSCo’s wind facilities had a weighted-average capacity factors of 43%.
| SPSStation, Location and Unit at Dec. 31, 2023 | Fuel | Installed | MW (a) |
|---|---|---|---|
| Steam: | |||
| Cunningham-Hobbs, NM, 1 Unit | Natural Gas | 1957 - 1965 | 183(b) |
| Harrington-Amarillo, TX, 3 Units | Coal | 1976 - 1980 | 1,018 |
| Jones-Lubbock, TX, 2 Units | Natural Gas | 1971 - 1974 | 486 |
| Maddox-Hobbs, NM, 1 Unit | Natural Gas | 1967 | 112 |
| Nichols-Amarillo, TX, 3 Units | Natural Gas | 1960 - 1968 | 457 |
| Plant X-Earth, TX, 1 Unit | Natural Gas | 1952 - 1964 | 190(b) |
| Tolk-Muleshoe, TX, 2 Units | Coal | 1982 - 1985 | 1,067 |
| Combustion Turbine: | |||
| Cunningham-Hobbs, NM, 2 Units | Natural Gas | 1997 | 207 |
| Jones-Lubbock, TX, 2 Units | Natural Gas | 2011 - 2013 | 334 |
| Maddox-Hobbs, NM, 1 Unit | Natural Gas | 1963 - 1976 | 61 |
| Wind: | |||
| Hale-Plainview, TX, 239 Units | Wind | 2019 | 478(c) |
| Sagamore-Dora, NM, 240 Units | Wind | 2020 | 507(c) |
| Total | 5,100 | ||
(b)Retired unit(s) in 2023.
(c)Net maximum capacity is attainable only when wind conditions are sufficiently available. Typical average capacity factors are 35-50% for wind facilities. For the year ended Dec. 31, 2023 SPS’ wind facilities had a weighted-average capacity factors of 48%.
Electric utility overhead and underground transmis sion and distribution lines at Dec. 31, 2023:
| Conductor Miles | NSP-Minnesota | NSP-Wisconsin | PSCo | SPS |
|---|---|---|---|---|
| Transmission | ||||
| 500 KV | 2,916 | — | — | — |
| 345 KV | 12,845 | 3,019 | 5,421 | 11,701 |
| 230 KV | 2,300 | — | 12,244 | 9,854 |
| 161 KV | 626 | 1,818 | — | — |
| 138 KV | — | — | 92 | — |
| 115 KV | 8,071 | 1,862 | 4,994 | 14,896 |
| Less than 115 KV | 6,640 | 5,467 | 1,782 | 4,494 |
| Total Transmission | 33,398 | 12,166 | 24,533 | 40,945 |
| Distribution | ||||
| Less than 115 KV | 83,854 | 27,971 | 80,176 | 23,965 |
| Total | 117,252 | 40,137 | 104,709 | 64,910 |
Electric utility transmission and distribution substations at Dec. 31, 2023:
| NSP-Minnesota | NSP-Wisconsin | PSCo | SPS | |
|---|---|---|---|---|
| Substations | 353 | 201 | 233 | 449 |
Natural gas utility mains at Dec. 31, 2023:
| Miles | NSP-Minnesota | NSP-Wisconsin | PSCo | SPS | WGI |
|---|---|---|---|---|---|
| Transmission | 78 | 3 | 2,024 | 20 | 11 |
| Distribution | 10,894 | 2,564 | 23,494 | — | — |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.