Revenues

3 Months Ended

Mar. 31, 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 March 31, 2024
(Millions of Dollars)	Electric		Natural Gas		All Other		Total
Major revenue types
Revenue from contracts with customers:
Residential	$	859	$	568	$	10	$	1,437
C&I	1,276		274		9		1,559
Other	34		—		2		36
Total retail	2,169		842		21		3,032
Wholesale	173		—		—		173
Transmission	158		—		—		158
Other	19		59		—		78
Total revenue from contracts with customers	2,519		901		21		3,441
Alternative revenue and other	166		40		2		208
Total revenues	$	2,685	$	941	$	23	$	3,649

	Three Months Ended March 31, 2023
(Millions of Dollars)	Electric		Natural Gas		All Other		Total
Major revenue types
Revenue from contracts with customers:
Residential	$	875	$	789	$	13	$	1,677
C&I	1,352		423		12		1,787
Other	36		—		1		37
Total retail	2,263		1,212		26		3,501
Wholesale	224		—		—		224
Transmission	163		—		—		163
Other	9		48		—		57
Total revenue from contracts with customers	2,659		1,260		26		3,945
Alternative revenue and other	104		28		3		135
Total revenues	$	2,763	$	1,288	$	29	$	4,080