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Leading the Clean Energy Transition

Our bold vision for 2030 and 2050

Our vision: Zero carbon by 2050 and 80% less carbon by 2030

We’re delivering affordable, reliable energy today using advanced clean energy technologies. Now, with ambitious plans, we’re increasing renewable energy and reducing carbon emissions to levels we never imagined a decade ago.

Our Commitment

For years, we've set and achieved industry-leading carbon reduction goals. With current advances in technology and declining prices for renewable and other clean energy technologies, we believe it's possible to accelerate our efforts to cut carbon and do it reliably and economically. That's why we've increased our commitment to address the risk of climate change and deliver the clean energy customers want.

Industry-leading Goals

We have a bold vision — the most ambitious in the industry — to serve customers with zero-carbon electricity by 2050 and to reduce carbon emissions 80 percent by 2030 company-wide from 2005 levels.

We believe that we can reliably and cost-effectively cut carbon emissions 80 percent by 2030 with the renewable and carbon-free generation and energy storage technologies available today.

But, reaching zero-carbon electricity will require technologies not yet commercially available. Even though our zero-carbon aspiration is decades away, we're beginning work now with stakeholders to help develop these technologies, as well as the policies and support, that will make this aspiration acheivable.

Learn more about how we get there.

Current Plans

We have a number of plans underway to transition to cleaner energy resources. These include:

  • Implementing the country's largest multi-state wind plan with 12 new, low-cost wind farms across seven states.
  • Moving forward with our transformative Colorado Energy Plan that will retire 660 megawatts of coal by 2026 and add 1,800 megawattts of wind and solar resources, as well as 380 megawatts of existing natural gas resources and 275 megawatts of large-scale battery storage.
  • Continuing to carry out our approved Upper Midwest resource plan that is transitioning the region's energy grid away from coal and is adding more wind, solar and cleaner natural gas generation. We will propose our 2019 resource plan that will take this transformation even further.
  • Reducing coal generation. Under current, approved plans, we are retiring 22 coal units from 2005 to 2027 — about 50 percent of the coal-fueled capacity we own.

Our Progress

Since 2005, we have reduced carbon emissions 35 percent company-wide under our previous goal to cut carbon 60 percent by 2030.

The U.S. Environmental Protection Agency (EPA), the Center for Climate and Energy Solutions, and The Climate Registry recognized Xcel Energy with a 2016 Climate Leadership Award for excellence in greenhouse gas management.

Learn more about our efforts to reduce and report carbon emissions in our annual Corporate Responsibility Report, in our 2017 Energy and Carbon Emissions Reporting Summary (PDF) and in Xcel Energy's 2018 climate change report to CDP.

Our Past, Present and Future

Use the slider to see our key milestones in reducing carbon emissions from the past to the future.

  1. 2005
  2. 2013
  3. 2017
  4. 2022
21% Carbon Free

2005

Xcel Energy becomes one of the first power suppliers to sign on to track, verify, and reduce carbon emissions.

 

Energy Saving Tip

Energy-efficient appliances and light bulbs may cost a bit more up front, but they can save big money over the life of the product. Plus, some energy-efficient equipment may be eligible for rebates to offset the initial cost.

Preventing Carbon Monoxide Poisoning

Install carbon monoxide detectors and annually hire a qualified contractor to inspect your home for proper ventilation.