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Revenues
9 Months Ended
Sep. 30, 2024
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, 2024
(Millions of Dollars)ElectricNatural GasAll OtherTotal
Major revenue types
Revenue from contracts with customers:
Residential$1,153 $126 $— $1,279 
C&I1,634 68 1,708 
Other38 — 40 
Total retail2,825 194 3,027 
Wholesale191 — — 191 
Transmission187 — — 187 
Other32 — 33 
Total revenue from contracts with customers3,204 226 3,438 
Alternative revenue and other189 13 206 
Total revenues$3,393 $239 $12 $3,644 
Three Months Ended Sept. 30, 2023
(Millions of Dollars)ElectricNatural GasAll OtherTotal
Major revenue types
Revenue from contracts with customers:
Residential$1,086 $125 $16 $1,227 
C&I1,657 75 1,739 
Other42 — 45 
Total retail2,785 200 26 3,011 
Wholesale244 — — 244 
Transmission178 — — 178 
Other33 — 42 
Total revenue from contracts with customers3,216 233 26 3,475 
Alternative revenue and other171 12 187 
Total revenues$3,387 $245 $30 $3,662 
Nine Months Ended Sept. 30, 2024
(Millions of Dollars)ElectricNatural GasAll OtherTotal
Major revenue types
Revenue from contracts with customers:
Residential$2,813 $885 $10 $3,708 
C&I4,245 439 21 4,705 
Other108 — 115 
Total retail7,166 1,324 38 8,528 
Wholesale501 — — 501 
Transmission493 — — 493 
Other37 133 — 170 
Total revenue from contracts with customers8,197 1,457 38 9,692 
Alternative revenue and other540 78 11 629 
Total revenues$8,737 $1,535 $49 $10,321 
Nine Months Ended Sept. 30, 2023
(Millions of Dollars)ElectricNatural GasAll OtherTotal
Major revenue types
Revenue from contracts with customers:
Residential$2,708 $1,130 $44 $3,882 
C&I4,347 622 27 4,996 
Other115 — 120 
Total retail7,170 1,752 76 8,998 
Wholesale642 — — 642 
Transmission498 — — 498 
Other22 113 — 135 
Total revenue from contracts with customers8,332 1,865 76 10,273 
Alternative revenue and other419 61 11 491 
Total revenues$8,751 $1,926 $87 $10,764