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Average Salary for Xcel Energy, Inc. Employees

Operating out of Minneapolis, Minnesota, electric and other services combined company Xcel Energy, Inc. employs talent in positions ranging from Electrical Engineer to Project Engineer. The average employee at Xcel Energy, Inc. takes home $77K annually. For the most part, employee paychecks at Xcel Energy, Inc. fluctuate depending on what you do at the company; where you live and how long you've been working also matter, but to a lesser degree. This summary is derived from information collected in the PayScale salary survey.

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)
$48,422 - $85,282  
[-]Electrical Engineer (8)
Salary$51,385 - $79,957  
Bonus$960 - $9,037  
Total Pay$48,422 - $85,282  
[+]Customer Service Representative (CSR) (4)
$17,927 - $42,798  
[+]Customer Service Representative (CSR) (4)
Total Pay$17,927 - $42,798  
[+]Senior Systems Analyst (3)
$71,531 - $140,418  
[+]Senior Systems Analyst (3)
Salary$66,474 - $112,635  
Bonus$3,321 - $25,905  
Total Pay$71,531 - $140,418  
[+]Power Engineer (2)
$62,486 - $95,366  
[+]Power Engineer (2)
Salary$61,327 - $93,247  
Bonus$1,263 - $6,510  
Total Pay$62,486 - $95,366  
 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: 5 Nov 2014 | Individuals Reporting: 106
United States (change)

Xcel Energy, Inc. Details

Minneapolis, Minnesota 55402


Electric and Other Services Combined


Xcel Energy

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


The highest average salaries go to Senior Electrical Engineers, who bring in close to around $105K, though Senior Systems Analysts are not far behind at $91K along with Power Engineers (about $73K) and Account Managers (approximately $68K). At $54K, Operations Supervisors are among the lowest paid at Xcel Energy, Inc.


Median pay is highest in Red Wing ($92K per year), followed by Monticello ($91K), the company's headquarter city of Minneapolis ($80K), and Amarillo ($71K). St. Paul ranks low on the pay scale — at about $51K, it is one of the lowest-paid cities. Across Xcel Energy, Inc.'s U.S. offices, employees in the state of Minnesota earn the most, taking home around $86K annually.

Years of Experience

Average pay is typically approximately $72K for those with five or more years experience. On the whole, the greater proportion of employees (28 percent) have a tenure of one to four years and bring home $66K per year.

Certifications and Degrees

Project Management Certificate Holders have significantly higher pay than non-accredited workers at about $120K. Earning a Professional Engineer License Holder certification garners significant financial rewards of around $90K annually. Those with a Master of Business Administration (MBA) at Xcel Energy, Inc. come out on top, and their salaries approach $91K per year.


The highest paying skill to have in this role seems to be Microsoft Excel; employees claiming this as part of the toolbox earn a median of approximately $85K. A common skill in Xcel Energy, Inc.'s work force is Project Management; just under one in five of survey participants report using it on the job. Employees also tend to round out their skills sets with Microsoft Office, Data Analysis, and Engineering Design.

Benefits and Perks

Only 42 percent at Xcel Energy, Inc. enjoy paid vacation time, and just a sixth of workers can take sick leave. Those seeking to set aside retirement funds can rely on several savings options such as a 401(k) plan and a company pension plan. Perks cover health insurance for a solid majority of workers and dental coverage for a strong majority of workers. Some other perks are life insurance, tuition reimbursement, and a company cell phone.

Key Stats

28 %
72 %
$47,500 - $86,476
$57,912 - $93,412
Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more
Extremely satisfied
Rated 5 out of 5
based on 26 votes.

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