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Xcel Energy AR 2004
Xcel Energy Annual Report 2004
8
To achieve long-term success, Xcel Energy is relying on its core businesses to build
value for shareholders and meet the energy needs of its customers. Fundamental to
that effort, which we call Building the Core, are excellent operations, environmental
protection, customer service and community care. In each category, we achieved
good results in 2004.
excellent operations
As always, Xcel Energy’s power plants were strong performers. Among our coal-fi red
facilities, the Harrington Station in Texas set a new generating record and our Sherco
plant in Minnesota achieved its best reliability performance since 1996, with unit 3
doing especially well.
Our Prairie Island and Monticello nuclear plants maintained the NRC’s highest
rating for operational excellence and are in a category reserved for facilities that have
earned the NRC’s highest level of confi dence. Both plants devoted signifi cant effort
in 2004 to successfully meet the NRC’s new security requirements.
In addition, Monticello set a new generating record, and both plants received a
Governor’s Safety Award from the Minnesota Safety Council for excellence in work-
place safety and health.
Safety results are a good indication of operational excellence, and Xcel Energy achieved
solid scores in 2004. Overall, we met our corporate safety goal and each business unit
met or exceeded its goals. Those results refl ect many safety success stories across the
company. In our customer and fi eld operations area, for example, more than 1,000
employees have worked more than 10 years without a safety mishap. Employees at
our Campion High Pressure Gas Service Center in Colorado have worked more than
25 years without a lost-workday incident. Several power plants have operated two or
three years without a safety incident.
we achieved good results in 2004
building the core