Who is the CEO of Xcel Energy and How Can They Help Your Business?

Understanding the leadership behind a company you partner with is crucial. In this article, we'll not only reveal the CEO of Xcel Energy, but also delve into the innovative ways they're guiding the company towards a future that benefits both businesses and the environment.

By the end of this article, you'll gain valuable insights into Xcel Energy's leadership and how it translates into tangible benefits for your business.

Who Is the CEO of Xcel Energy?

The current CEO of Xcel Energy is Bob Frenzel. He assumed the role in August 2021 after serving several years as the company's president and chief operating officer. Frenzel boasts a long and successful tenure within Xcel Energy, bringing a wealth of experience to the CEO position.

| Table 1: Bob Frenzel's Leadership Tenure at Xcel Energy |
|---|---|
| Position | Start Date |
| CEO | August 2021 |
| President & COO | Prior to August 2021 |

What Does Xcel Energy Do?

Xcel Energy is a major utility provider serving eight states across the Midwest and Southwest. They deliver electricity and natural gas to millions of customers, making them a key player in the region's energy infrastructure.

| Table 2: Xcel Energy's Service Area |
|---|---|
| State | Served By |
| Colorado | PSCo |
| Michigan | NSPW |
| Minnesota | NSPM |
| New Mexico | SPS |
| North Dakota | NSPM |
| South Dakota | NSPM |
| Texas | SPS |
| Wisconsin | NSPW |

Success Stories: How Xcel Energy Benefits Businesses

Here are just a few examples of how Xcel Energy's leadership is translating into success stories for businesses:

• Focus on renewable energy: Xcel Energy has set ambitious goals for renewable energy integration. This commitment to sustainability not only benefits the environment, but also positions them as a leader in a growing market. According to the International Renewable Energy Agency (IRENA), the global renewable energy market is expected to reach \$1.3 trillion by 2030 [IRENA Report on the Renewable Energy Market 2021].
• Investment in grid modernization: Xcel Energy is making significant investments in modernizing their grid infrastructure. This not only improves reliability for businesses, but also allows for greater integration of renewable energy sources. The U.S. Department of Energy estimates that an investment of \$413 billion is needed to modernize the U.S. electric grid by 2035 [US Department of Energy: Modernizing the Grid 2021].

By partnering with Xcel Energy, businesses gain access to a reliable and sustainable energy source, positioning themselves for success in the future.

Call to Action: Learn More About Xcel Energy's Business Solutions

Now that you understand the leadership behind Xcel Energy and their commitment to innovation, it's time to explore how they can benefit your business. Visit Xcel Energy's website or contact a representative today to learn more about their business solutions and how they can help you achieve your sustainability and efficiency goals.