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Average Salary for Xcel Energy, Inc. Employees

Xcel Energy, Inc. is a electric and other services combined firm headquartered in Minneapolis, Minn. that hires for Electrical Engineer positions, Senior Systems Analyst roles, and more. The average employee at Xcel Energy, Inc. takes home $78K annually. Though geography and how long you've been working are influential salary factors for those at Xcel Energy, Inc., your role at the company turns out to have the greatest impact on paycheck size. The data in this summary comes from the PayScale salary survey.

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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)
$48,460 - $86,417  
[-]Electrical Engineer (8)
Salary$51,304 - $79,953  
Bonus$953 - $8,735  
Total Pay$48,460 - $86,417  
[+]Senior Systems Analyst (4)
$72,191 - $137,298  
[+]Senior Systems Analyst (4)
Salary$69,379 - $114,766  
Bonus$2,732 - $22,934  
Total Pay$72,191 - $137,298  
[+]Customer Service Representative (CSR) (3)
$16,628 - $36,429  
[+]Customer Service Representative (CSR) (3)
Total Pay$16,628 - $36,429  
[+]Senior Electrical Engineer (3)
$85,048 - $145,603  
[+]Senior Electrical Engineer (3)
Salary$82,404 - $134,130  
Bonus$2,080 - $16,885  
Total Pay$85,048 - $145,603  
 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: 29 Mar 2015 | Individuals Reporting: 105

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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 per year, followed by Senior Systems Analysts (approximately $92K), Project Managers ($88K), and Project Engineers (about $74K). Electrical Engineers are among the lowest paid at a median salary of around $65K.


When it comes to location, the highest average paycheck ($91K annually) can be spotted in Monticello, Minn.; Amarillo, Texas (about $87K), the company's headquarter city of Minneapolis, Minn. ($87K), and Denver, Colo. (approximately $68K) are the next top-paying cities. On the lower end is St. Paul, Minn. at $51K. Pay rates in the United States are highest in the state of Minnesota, where they average to $89K per year.

Years of Experience

Five to nine years of work experience seem to result in median wages of around $73K annually. Broken down by tenure, the largest share of Xcel Energy, Inc. employees (30 percent) have one to four years of experience and earn $66K per year on average.

Certifications and Degrees

Project Management Certificate Holders receive bigger paychecks (approximately $105K annually) than those without credentials. Professional Engineer License Holders with credentials can live quite comfortably; median salaries come in at $103K per year. Xcel Energy, Inc. workers who hold a Master of Business Administration (MBA) are also well compensated, earning around $89K on average.


The highest-paying skill to have may be Business Analysis; employees who claim proficiency also report a higher average salary of $88K annually. Project Management also popped up often in the survey as an important skill; close to a fourth of employees surveyed report using it at work. Other top skills include Microsoft Excel, Engineering Design, and Microsoft Office.

Benefits and Perks

Workers who save for retirement get lots of help because the company offers a number of savings programs including a 401(k) plan and a company pension plan. For most survey participants, benefits include health insurance, and a large number of employees get dental coverage, too. Other privileges include life insurance, a company cell phone, a casual working environment, and tuition reimbursement.

Key Stats for Xcel Energy, Inc.


28 %
72 %
$47,500 - $83,373
$58,907 - $93,280
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 21 votes.
United States (change)

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