What is Xcel Energy Total Electric Distribution Line Miles?
The Distribution line carries electricity from the substation to consumers. Longer electric distribution line miles indicate more customers the company would serve, which might lead to more electricity delivery and a higher revenue.
Xcel Energy's Total Electric Distribution Line Miles for the annual that ended in Dec. 2023 was 111,042.00
, which higher from pervious year (Dec. 2022)'s result by 1.29%.
The historical rank and industry rank for Xcel Energy's Total Electric Distribution Line Miles or its related term are showing as below:
XEL's Total Electric Distribution Line Miles is not ranked *
in the Utilities - Regulated industry.
Industry Median: * Ranked among companies with meaningful Total Electric Distribution Line Miles only.
Xcel Energy Total Electric Distribution Line Miles Historical Data
The historical data trend for Xcel Energy's Total Electric Distribution Line Miles can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Xcel Energy Total Electric Distribution Line Miles Chart
Competitive Comparison of Xcel Energy's Total Electric Distribution Line Miles
For the Utilities - Regulated Electric subindustry, Xcel Energy's Total Electric Distribution Line Miles, along with its competitors' market caps and Total Electric Distribution Line Miles data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Xcel Energy (NAS:XEL) Total Electric Distribution Line Miles Explanation
Distribution lines carry electricity from the substations to the end users for residential and commercial use. Unlike transmission lines, distribution lines are low voltage lines. Longer electric distribution line miles indicate more customers the company would serve, which might lead to more electricity delivery and a higher revenue.
The origin of the electricity that consumers purchase varies. Some electric utilities generate all the electricity they sell using just the power plants they own. Other utilities purchase electricity from others such as power marketers and independent power producers or from a wholesale market organized by a regional transmission reliability organization.
Another similar term is Total Electric Transmission Line Miles. The difference between a transmission and a distribution line is that a transmission line helps in the movement of electricity from a power plant or power station to the various substations whereas the distribution line carries electricity from the substation to consumers.
Xcel Energy Total Electric Distribution Line Miles Related Terms
Thank you for viewing the detailed overview of Xcel Energy's Total Electric Distribution Line Miles provided by GuruFocus.com. Please click on the following links to see related term pages.
Xcel Energy manages utilities serving 3.8 million electric customers and 2.1 million natural gas customers in eight states. Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan; Public Service Company of Colorado; and Southwestern Public Service Company, which serves customers in Texas and New Mexico. It is one of the largest renewable energy owners and suppliers in the U.S. with more than half of its electricity sales coming from carbon-free energy.
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