Xcel Energy 2010 Annual Report Download - page 43

33
ENVIRONMENTAL MATTERS
Xcel Energy’s subsidiary facilities are regulated by federal and state environmental agencies. These agencies have jurisdiction
over air emissions, water quality, wastewater discharges, solid wastes and hazardous substances. Various company activities
require registrations, permits, licenses, inspections and approvals from these agencies. Xcel Energy has received all necessary
authorizations for the construction and continued operation of its generation, transmission and distribution systems. Xcel Energy
facilities have been designed and constructed to operate in compliance with applicable environmental standards.
Xcel Energy and its subsidiaries strive to comply with all environmental regulations applicable to its operations. However, it is
not possible to determine when or to what extent additional facilities or modifications of existing or planned facilities will be
required as a result of changes to environmental regulations, interpretations or enforcement policies or, what effect future laws or
regulations may have upon Xcel Energy’s operations. See Item 7 and Notes 14 and 15 to the consolidated financial statements for
further discussion of environmental contingencies.
CAPITAL SPENDING AND FINANCING
See Item 7 for a discussion of expected capital expenditures and funding sources.
EMPLOYEES
The number of full-time Xcel Energy employees at Dec. 31, 2010 and Dec. 31, 2009, is presented in the table below. Of the full-
time employees listed below, 5,627, or 50 percent, and 5,665, or 50 percent, respectively, are covered under collective bargaining
agreements. At Dec. 31, 2010:
● NSP-Minnesota had 2,060 and NSP-Wisconsin had 402 bargaining employees covered under a collective-bargaining
agreement, which expired at the end of 2010. NSP-Minnesota also had an additional 219 nuclear operation bargaining
employees covered under several collective-bargaining agreements, which expired at various dates through
September 2010. As of Dec. 31, 2010, contract negotiations with the NSP-Minnesota and NSP-Wisconsin bargaining
groups were in process. On Feb. 16, 2011, the negotiations were settled via arbitration and a new collective-bargaining
agreement with an expiration date of Dec. 31, 2013 went into effect.
● PSCo had 2,142 bargaining employees covered under a collective-bargaining agreement, which expires in May 2014.
● SPS had 804 bargaining employees covered under a collective-bargaining agreement, which expires in October 2011.
2010 2009
N
SP-Minnesota ................................................................... 3,689 3,763
N
SP-Wisconsin ................................................................... 559 561
PSCo ............................................................................. 2,823 2,791
SPS .............................................................................. 1,192 1,186
Xcel Energy Services Inc. ......................................................... 3,027 3,050
Total ........................................................................... 11,290 11,351
EXECUTIVE OFFICERS
Richard C. Kelly, 64, Chairman of the Board and Chief Executive Officer, Xcel Energy Inc., August 2009 to present. Previously,
Chairman of the Board, President and Chief Executive Officer, Xcel Energy Inc., December 2005 to August 2009; President and
Chief Executive Officer, Xcel Energy Inc., July 2005 to December 2005; President, Xcel Energy Inc., October 2003 to July 2005;
Chief Operating Officer, Xcel Energy Inc., October 2003 to June 2005; Vice President and Chief Financial Officer, Xcel
Energy Inc., August 2002 to October 2003 and President, Enterprises Business Unit, Xcel Energy Inc., August 2000 to
August 2002.
Michael C. Connelly, 49, Vice President and General Counsel, Xcel Energy Inc., June 2007 to present. Previously, Vice President
of Human Resources, Xcel Energy Inc., November 2005 to June 2007; Vice President and Deputy General Counsel, Xcel Energy
Inc., January 2003 to November 2005 and Deputy General Counsel, Xcel Energy Inc., August 2000 to January 2003.
David L. Eves, 52, President, Director and Chief Executive Officer, PSCo, December 2009 to present. Previously, President,
Director and Chief Operating Officer, PSCo, November 2009 to December 2009; President and Director, SPS, December 2006 to
November 2009; Chief Executive Officer, SPS, August 2006 to November 2009; Vice President of Resource Planning and
Acquisition, Xcel Energy Inc., November 2002 to July 2006 and Managing Director, Resource Planning and Acquisition, Xcel
Energy Inc., August 2000 to November 2002.