Average Salary for Xcel Energy, Inc. Employees

Headquartered in Minneapolis, Minn., Xcel Energy, Inc. offers a range of employment opportunities in the electric and other services combined sector, from Electrical Engineer to Power Engineer. The average Xcel Energy, Inc. employee earns $78K per year. Xcel Energy, Inc. paychecks are largely negotiated based on your city, though your job title and your experience level are also considered. This report is based on answers to PayScale's salary questionnaire.

Read More

How This Employer Pays

Xcel Energy, Inc. typically pays:
above market
Similar employers pay:
below market
Employer: Xcel Energy, Inc.
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
[-]Electrical Engineer (8)
$48,224 - $85,419  
[-]Electrical Engineer (8)
Salary$50,926 - $78,998  
Bonus$998 - $8,833  
Total Pay$48,224 - $85,419  
[+]Customer Service Representative (CSR) (4)
$17,965 - $42,898  
[+]Customer Service Representative (CSR) (4)
Total Pay$17,965 - $42,898  
[+]Senior Electrical Engineer (3)
$85,554 - $144,202  
[+]Senior Electrical Engineer (3)
Salary$82,363 - $134,536  
Bonus$2,509 - $21,770  
Total Pay$85,554 - $144,202  
[+]Senior Systems Analyst (3)
$71,931 - $139,736  
[+]Senior Systems Analyst (3)
Salary$65,118 - $112,045  
Bonus$3,745 - $27,287  
Total Pay$71,931 - $139,736  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
Country: United States | Currency: USD | Updated: 21 Nov 2014 | Individuals Reporting: 104
United States (change)

About This Company

Minneapolis, Minnesota 55402


Electric and Other Services Combined


Xcel Energy

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


When it comes to location, the highest average paycheck (around $92K annually) can be spotted in Red Wing; Monticello ($91K), the company's headquarter city of Minneapolis ($81K), and Amarillo (about $71K) are the next top-paying cities. Expected earnings are below average ($51K) in St. Paul, one of the lowest-paid cities. Pay rates in the United States are highest in the state of Minnesota, where they average to approximately $87K per year.


The highest paychecks go to Nuclear Engineers, who earn $92K, closely trailed by Senior Systems Analysts (around $91K), Project Engineers (approximately $74K), and Power Engineers ($73K). Operations Supervisors are among the lowest paid at about $54K.

Years of Experience

Workers who have been with the company for more than one year but less than five can typically make $65K. When we consider tenure, a substantial portion of employees (28 percent) have been working for five to nine years and make about $72K annually.

Certifications and Degrees

Those lacking certification bring in much lower salaries than Project Management Certificate Holders, who make $120K. Salaries typically rise to around $90K per year for accredited Professional Engineer License Holders. It pays to have a Master of Business Administration (MBA) at Xcel Energy, Inc. — these employees make the most at $91K annually.


When it comes to skills, employees who report Nuclear Energy / Nuclear Power among their abilities seem to make the most, reporting a median income of approximately $91K. It's pretty common to find people here who know Project Management; approximately one in five consider it a key competency. Key skills also include Engineering Design, Data Analysis, and Microsoft Excel.

Benefits and Perks

Benefits packages do tend to lack paid time off; Xcel Energy, Inc. gives paid vacation days to 42 percent and sick leave to 18 percent. With an eye toward the future, Xcel Energy, Inc. offers several choices in retirement planning such as a 401(k) plan and a company pension plan. Health insurance is part of the package for the greater part of workers, and for a solid majority of workers, dental coverage is too. Additional benefits of working here are life insurance, tuition reimbursement, and a subsidized cell phone.

Key Stats for Xcel Energy, Inc.


30 %
70 %
$47,500 - $86,476
$58,159 - $93,767
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 25 votes.

Subscribe to Our Newsletter

Salary and career advice to put you a step ahead.
newsletter icon


Recent Blog Posts on Career News

Want to Get More Specific? Get a Salary Report Customized for YOU

Tell us about your current job and your skillset, and we’ll let you know how much employers are paying in your area.