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Revenues
9 Months Ended
Sep. 30, 2025
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, 2025
(Millions of Dollars)ElectricNatural GasAll OtherTotal
Major revenue types
Revenue from contracts with customers:
Residential$1,260 $133 $$1,395 
C&I1,750 82 1,837 
Other40 — 42 
Total retail3,050 215 3,274 
Wholesale205 — — 205 
Transmission200 — — 200 
Other22 33 — 55 
Total revenue from contracts with customers3,477 248 3,734 
Alternative revenue and other161 16 181 
Total revenues$3,638 $264 $13 $3,915 
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