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 Accounting Analyst positions, Mechanical Engineer roles, and more. The median income for Xcel Energy, Inc. employees is $75K annually. Xcel Energy, Inc. paychecks are largely negotiated based on your role at the company, though how long you've been working and geography are also considered. This report is based on answers to PayScale's salary questionnaire.

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Xcel Energy, Inc. Median Salary by Job


Operations Manager
4 profiles

Safety Consultant
3 profiles

Senior Electrical Engineer
3 profiles

United States (change)

Accounting Analyst
3 profiles

Nuclear Engineer
3 profiles

Staff Engineer
3 profiles

Electrical Engineer
3 profiles

See all degrees for Xcel Energy, Inc. »
  • Currency: USD
  • Updated: 18 Nov 2017
  • Individuals Reporting: 94
  • View Table

Find out more about pay at Xcel Energy, Inc.

About This Company

Minneapolis, Minnesota 55402


Electric and Other Services Combined


Xcel Energy

Source: Freebase


Operations Managers are the best paid with the average salary hovering at $104K per year; Maintenance Supervisors, Safety Consultants, and Electrical Engineers also rank near the top of the list, pulling in around $103K, $84K, and about $75K, respectively. Accounting Analysts at Xcel Energy, Inc. do not see much in the way of financial compensation and represent one of the lower-paid positions (approximately $52K on average) at the company.

Years of Experience

Average pay is $77K annually for those with five to nine years of experience. The largest slice of the Xcel Energy, Inc. workforce (34 percent) has been working for one to four years and earns, on average, $65K per year.


When it comes to location, the highest average paycheck (approximately $104K annually) can be spotted in Red Wing, Minn.; Welch, Minn. (around $94K), Eau Claire, Wisc. ($80K), and St. Paul, Minn. (about $80K) are the next top-paying cities. High paychecks are not found in Amarillo, Texas; in fact, at $72K it is one of the worst-paid cities. Within the company, workers earn the highest salaries (an average of approximately $80K per year) in Wisconsin.

Certifications and Degrees

Being a Project Management Professional certainly has its perks — salaries approach $107K annually and far exceed the paychecks of those without certification. OSHA 30 hour Certificate Holder Holders also rank high on the pay scale, with expected average earnings of around $106K per year. It pays to have a Bachelor of Science in Electrical Engineering (BSEE) at Xcel Energy, Inc. — these employees make the most at about $97K annually.


In this position, it pays to have Operations Management in your toolkit; employees who claim proficiency enjoy a higher median salary of $102K per year. A common skill in Xcel Energy, Inc.'s work force is Project Management; nearly one in five of survey participants report using it on the job. Many workers usually know Microsoft Excel, Data Analysis, and Engineering Design as well.

Benefits and Perks

It's easy to build up retirement reserves here with programs such as a 401(k) plan and a company pension plan. Most employees report having health insurance, and a strong majority of employees report having dental coverage. Advantages of working here also include tuition reimbursement, a company cell phone, life insurance, and a casual working environment.

Xcel Energy, Inc. Job Listings

Key Stats for Xcel Energy, Inc.


29 %
71 %
$34,765 - $97,926
$54,666 - $97,589

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 42 votes.
Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more
$40,569 - $86,000
$61,100 - $90,000
$71,111 - $96,650
Bachelor of Science, Mechanical Engineering (BSME)
$63,143 - $87,000

Popular Locations for Xcel Energy, Inc.

  1. Minneapolis, Minnesota
  2. Denver, Colorado
  3. Amarillo, Texas
  4. Eau Claire, Wisconsin
  5. Red Wing, Minnesota
  6. Welch, Minnesota
  7. St. Paul, Minnesota

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