XEL · News · 20260804N

Data Center / Load Growth

XCEL ENERGY INC · 2026-08-04 · Importance 46 · Surprise 42 · In source text

Xcel Energy proposed 11 generation projects in Texas and New Mexico that would add nearly 4,000 megawatts by 2030. The portfolio includes natural-gas, solar, and wind resources to serve rising electricity demand from residential and business customers across a 52,000-square-mile service territory. Xcel is developing a new tariff intended to recover costs associated with data-center demand.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositivecontingentXcel Energy is developing a new tariff to cover costs for data centers associated with the proposed projects in Texas and New Mexico.