Revenues (Tables)

12 Months Ended

Dec. 31, 2024

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:

	Year Ended Dec. 31, 2024
(Millions of Dollars)	Electric		Natural Gas		All Other		Total
Major revenue types
Revenue from contracts with customers:
Residential	$	3,552	$	1,299	$	11	$	4,862
C&I	5,420		646		30		6,096
Other	142		—		9		151
Total retail	9,114		1,945		50		11,109
Wholesale	645		—		—		645
Transmission	648		—		—		648
Other	64		175		—		239
Total revenue from contracts with customers	10,471		2,120		50		12,641
Alternative revenue and other	676		110		14		800
Total revenues	$	11,147	$	2,230	$	64	$	13,441

	Year Ended Dec. 31, 2023
(Millions of Dollars)	Electric		Natural Gas		All Other		Total
Major revenue types
Revenue from contracts with customers:
Residential	$	3,560	$	1,560	$	59	$	5,179
C&I	5,703		833		30		6,566
Other	150		—		13		163
Total retail	9,413		2,393		102		11,908
Wholesale	815		—		—		815
Transmission	649		—		—		649
Other	63		156		—		219
Total revenue from contracts with customers	10,940		2,549		102		13,591
Alternative revenue and other	506		96		13		615
Total revenues	$	11,446	$	2,645	$	115	$	14,206

	Year Ended Dec. 31, 2022
(Millions of Dollars)	Electric		Natural Gas		All Other		Total
Major revenue types
Revenue from contracts with customers:
Residential	$	3,542	$	1,814	$	53	$	5,409
C&I	5,807		998		32		6,837
Other	148		—		10		158
Total retail	9,497		2,812		95		12,404
Wholesale	1,354		—		—		1,354
Transmission	675		—		—		675
Other	97		178		—		275
Total revenue from contracts with customers	11,623		2,990		95		14,708
Alternative revenue and other	500		90		12		602
Total revenues	$	12,123	$	3,080	$	107	$	15,310