Xcel Energy (STU:NRN) Construction In Progress : €3,471 Mil (As of Mar. 2024)

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What is Xcel Energy Construction In Progress?

Xcel Energy's quarterly construction in progress declined from Sep. 2023 (€2,765 Mil) to Dec. 2023 (€2,635 Mil) but then increased from Dec. 2023 (€2,635 Mil) to Mar. 2024 (€3,471 Mil).

Xcel Energy's annual construction in progress increased from Dec. 2021 (€1,743 Mil) to Dec. 2022 (€2,005 Mil) and increased from Dec. 2022 (€2,005 Mil) to Dec. 2023 (€2,635 Mil).

Xcel Energy Construction In Progress Historical Data

The historical data trend for Xcel Energy's Construction In Progress 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.

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Xcel Energy Construction In Progress Chart

Xcel Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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2,096.10

1,542.89

1,742.57

2,005.06

2,634.54

Xcel Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															2,077.22	2,345.34	2,765.09	2,634.54	3,471.16

Xcel Energy Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Xcel Energy (STU:NRN) Business Description

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XEL:USA

Address

414 Nicollet Mall, Minneapolis, MN, USA, 55401

Website

https://www.xcelenergy.com

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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