Xcel Energy 2011 Annual Report Download - page 43

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33
Based on The Climate Registry’s current reporting protocol, Xcel Energy estimated that its current electric generating portfolio,
which includes coal- and gas-fired plants, emitted approximately 59.8 million and 61.7 million tons of CO2 in 2011 and 2010,
respectively. Xcel Energy also estimated emissions associated with electricity purchased for resale to Xcel Energy customers
from generation facilities owned by third parties. Xcel Energy estimates that these third-party facilities emitted approximately
19.6 million and 19.5 million tons of CO2 in 2011 and 2010, respectively. Estimated total CO2 emissions, associated with service
to Xcel Energy electric customers, decreased by 1.8 million tons in 2011 compared to 2010. The decrease in emissions was
associated with a decrease of 1.4 million MWh of generation. The average annual decrease in CO2 emissions since 2009 is
approximately 3.0 million tons of CO2 per year.
CAPITAL SPENDING AND FINANCING
See Item 7 for a discussion of expected capital expenditures and funding sources.
EMPLOYEES
As of Dec. 31, 2011, Xcel Energy had 11,312 full-time employees, 5,592 of which are covered under collective bargaining
agreements. See Note 9 to the consolidated financial statements for further discussion.
EXECUTIVE OFFICERS
Benjamin G.S. Fowke III, 53, Chairman of the Board, President and Chief Executive Officer, Xcel Energy Inc., August 2011 to
present. Previously, President and Chief Operating Officer, Xcel Energy Inc., August 2009 to August 2011; Executive Vice
President and Chief Financial Officer, Xcel Energy Inc., December 2008 to August 2009; Vice President and Chief Financial
Officer, Xcel Energy Inc., May 2004 to December 2008; Vice President, Chief Financial Officer and Treasurer, Xcel Energy Inc.,
October 2003 to May 2004; Vice President and Treasurer, Xcel Energy Inc., November 2002 to October 2003; and Vice President
and Chief Financial Officer, Energy Markets Business Unit, Xcel Energy Services Inc., August 2000 to November 2002.
Michael C. Connelly, 50, Senior Vice President, Strategy and Planning, Xcel Energy Services Inc., September 2011 to present.
Previously, Vice President and General Counsel, Xcel Energy Inc., June 2007 to September 2011; Vice President of Human
Resources, Xcel Energy Services Inc., November 2005 to June 2007; Vice President and Deputy General Counsel, Xcel Energy
Services Inc., January 2003 to November 2005; and Deputy General Counsel, Xcel Energy Services Inc., August 2000 to January
2003.
David L. Eves, 53, 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 Services Inc., November 2002 to July 2006; and Managing Director, Resource Planning and
Acquisition, Xcel Energy Services Inc., August 2000 to November 2002.
Cathy J. Hart, 62, Vice President and Corporate Secretary, Xcel Energy Inc., August 2000 to present and Vice President, Business
Services Group, Xcel Energy Services Inc., September 2011 to present. Previously, Vice President, Corporate Services Group,
Xcel Energy Services Inc., November 2005 to September 2011.
C. Riley Hill, 52, President, Director and Chief Executive Officer, SPS, November 2009 to present. Previously, Vice President
and Chief Operating Officer, SPS, July 2009 to November 2009; Regional Vice President, Xcel Energy Services Inc., November
2007 to July 2009; Vice President, Construction, Operations and Maintenance, PSCo, February 2006 to November 2007; and
Director Design and Construction, PSCo, March 2004 to February 2006.
Dennis L. Koehl, 56, Senior Vice President and Chief Nuclear Officer, Xcel Energy Services Inc., September 2011 to present.
Previously, Vice President and Chief Nuclear Officer, NSP-Minnesota, September 2007 to September 2011; Site Vice President,
NMC Point Beach Nuclear Plant, June 2004 to September 2007; Engineering and Site Support Manager, Tennessee Valley
Authority, Sequoyah Nuclear Plant, August 2003 to June 2004; and Plant Manager, Tennessee Valley Authority, Sequoyah
Nuclear Plant, January 1999 to August 2003.
Kent T. Larson, 52, Senior Vice President, Operations, Xcel Energy Services Inc., September 2011 to present. Previously, Chief
Energy Supply Officer, Xcel Energy Services Inc., March 2010 to September 2011; Vice President, Transmission, Xcel Energy
Services Inc., August 2008 to March 2010; Regional Vice President, Xcel Energy Services Inc., February 2006 to August 2008;
Vice President, Jurisdictional Relations, Xcel Energy Services Inc., April 2004 to February 2006; and State Vice President, NSP-
Minnesota, September 2000 to April 2004.