1. Xcel Energy contributed over $14 million to charitable causes this year. 2. Employees volunteered nearly 60,000 hours for various community projects. 3. Foundation granted almost $5 million to support 400 nonprofits in 2025. 4. 2,900 volunteers participated in 2025 Day of Service for community support. 5. Investment in STEM and environmental initiatives aligns with clean energy goals.
FAQ
Why Neutral?
While community engagement strengthens brand loyalty, it may not significantly affect stock price forecasts directly. Historical trends show goodwill affects market sentiment but not always stock performance.
How important is it?
Community engagement can enhance company reputation, potentially attracting investors, but immediate financial effects are limited.
Why Long Term?
Community support initiatives build long-term brand reputation and customer loyalty, which can influence financial stability and stock price positively over time.
Over $14 million and nearly 60,000 volunteer hours contributed this year
Xcel Energy employees, contractors and retirees, supported by the company's Foundation, provided over $14 million and tens of thousands of volunteer hours in 2025 to support charitable organizations and causes.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251229506894/en/
Xcel Energy volunteers build homes in collaboration with Habitat for Humanity as part of the company's 2025 Day of Service.
Throughout the year, they embraced opportunities to donate their time and act on a shared commitment to making a difference in their communities, volunteering nearly 60,000 hours. The Foundation expanded its giving impact this year by investing nearly $5 million in grant funding to 400 nonprofit organizations across its eight-state service area. These grant recipients align with the Foundation's three primary focus areas: STEM career pathways, community vitality and environmental sustainability.
The company's 2025 Day of Service engaged 2,900 volunteers who committed nearly 8,900 hours to support 99 nonprofit projects. Among the many other impacts of these projects, volunteers packed 81,600 meals for hunger relief efforts in local communities and assembled 6,600 kits to support teachers and students during the school year. The Power Your Purpose Giving Campaign raised nearly $2.7 million to support 1,200 organizations.
The data provided here present a snapshot of community impact based on the majority of 2025 corporate giving and volunteering activities. Some giving and volunteering efforts are still being tabulated. Final totals will be available in Xcel Energy's 2025 Annual Report this spring.
About Xcel Energy
Xcel Energy (NASDAQ:XEL) is a leading energy provider, dedicated to serving millions of customers with excellence. We make energy work better for customers, helping them thrive every day. That means always raising the bar — delivering better service and providing more reliable, resilient and sustainable energy.
We are committed to leading the clean energy transition, meeting our customers' need for more, cleaner power, while keeping bills as low as possible. Because the people we serve depend on us to power their lives.
Headquartered in Minneapolis, we work every day to generate and distribute electricity and gas to customers across eight states: Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas. For more information, visit xcelenergy.com or follow us on X and Facebook.
About Xcel Energy Foundation
The Xcel Foundation is a 501(c)(3) organization that awards charitable grants to nonprofit organizations and sponsors the volunteer programs of Xcel Energy and its subsidiaries. The majority of Xcel Energy Foundation funding comes from Xcel Energy shareholder dollars. Learn more about the Foundation's Focus Area Grants.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251229506894/en/
Xcel Energy Media Relations
414 Nicollet Mall, 401-7
Minneapolis, MN 55401
612-215-5300
mediainquiries@xcelenergy.com
xcelenergy.com