Average Salary for Xcel Energy, Inc. Employees

Based in Minneapolis, Minn.,electric and other services combined player Xcel Energy, Inc. offers many employment opportunities, including Electrical Engineer and Senior Systems Analyst positions. The average employee at Xcel Energy, Inc. takes home $77K per year. Your role at the company is the biggest factor affecting pay for Xcel Energy, Inc. workers, followed by geography and your experience level. The data for this report comes from responses to the PayScale salary survey.

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Employer: Xcel Energy, Inc.
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About This Company

Minneapolis, Minnesota 55402


Electric and Other Services Combined


Xcel Energy

Freebase CC-BY Source: Freebase, licensed under CC-BY


Senior Electrical Engineers earn the highest median pay at $110K annually, followed by Senior Systems Analysts ($92K), Safety Consultants (about $73K), and Plant Supervisors (approximately $71K). Among the lower-paid positions at Xcel Energy, Inc. are Electrical Engineers — the median salary for this role approaches around $65K.


When it comes to location, the highest average paycheck ($92K per year) can be spotted in Monticello, Minn.; the company's headquarter city of Minneapolis, Minn. ($86K), Amarillo, Texas (approximately $85K), and Hobbs, N.M. (around $74K) are the next top-paying cities. Expected earnings are below average (about $57K) in Dallas, Texas, one of the lowest-paid cities. By state, the highest compensation levels appear in Minnesota, where the average salary is $89K annually.

Years of Experience

Those who have five to nine years of work experience see average salaries of $74K per year. Workers who have been with the company for more than one year but less than five can make approximately $64K annually on average. Broken down by tenure, the largest share of Xcel Energy, Inc. employees (30 percent) have 10-19 years of experience and earn $90K per year on average.

Certifications and Degrees

Being a Professional Engineer License Holder certainly has its perks — salaries approach around $106K annually and far exceed the paychecks of those without certification. Bigger paychecks are awarded to Project Management Certificate Holders with credentials; these people earn $105K per year on average. Xcel Energy, Inc. workers who hold a Master of Business Administration (MBA) are also well compensated, earning about $89K on average.


The highest-paying skill to have in this role seems to be Technical Analysis; employees claiming this as part of the toolbox earn a median of $88K annually. A garden variety skill at Xcel Energy, Inc. is Project Management; just under a third of Xcel Energy, Inc.'s people use it regularly. Other top skills include Microsoft Excel, Engineering Design, and Contract Negotiation.

Benefits and Perks

Quite a few retirement plans are on offer at Xcel Energy, Inc., including a 401(k) plan and a company pension plan. A large number of survey participants report having health insurance, and most workers report having dental coverage. Perks also include life insurance, a subsidized cell phone, tuition reimbursement, and a casual working environment.

Xcel Energy, Inc. Job Listings

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Key Stats for Xcel Energy, Inc.


30 %
70 %
$57,682 - $92,500
$58,061 - $93,092
Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 20 votes.

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