This is how Xcel makes a profit, and it’s not gas
Payne Institute Faculty Fellow Ian Lange contributes to this article about how Xcel Energy has said they don’t make a profit on gas, so where does the money come from? The cost of fuel is passed on dollar-for-dollar. The answer is the rate of return on investments, like infrastructure. These investments are in the power plants, solar and wind facilities, transmission and distribution lines as well as natural gas pipelines that support our customers’ daily energy needs. February 7, 2023.