Xcel Energy 2013 Annual Report Download - page 14
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a number of communities as well as significant natural gas
infrastructure, including key natural gas transmission pipelines.
Outstanding coordination and communication with customers
and public officials enabled us to speed recovery efforts.
We regained full winter capability in only six weeks, another
impressive accomplishment.
As good as our employees are, we estimate that about
50 percent of them will be eligible to retire over the next
10 years. We have a number of efforts under way to help
capture their knowledge and expertise before they leave.
But we also look at that transition as an opportunity to reshape
our workforce, making it even more efficient and effective.
Returning veterans will be an important part of that future
workforce. With an impressive record of working with the
military, we’ve been on the list of GI Jobs’ Top 100 Military
Friendly Employers for the last five years, and we earned
the Most Valuable Employer for the Military designation by
CivilianJobs.com. We partner with a number of organizations
to identify and recruit qualified candidates, and veterans
already make up 12 percent of our workforce. Hiring veterans
is a priority.
At its most fundamental, our commitment to employees is
to provide a safe and welcoming environment, where they
can do their best work. We strive to ensure they have the
tools they need and that their compensation and benefits
are fair. None of that will change as we navigate the coming
workforce transition.
Trusted
As we embark on another good year, we are keenly aware
of our responsibility to you. All of our efforts are designed
to build shareholder value, and we believe we are indeed
positioned for success.
We appreciate the confidence you have in us, and, again,
we will work hard to earn your trust every day.
Sincerely,
Ben Fowke
Chairman, President and CEO
When Xcel Energy replaced its coal-fired High Bridge generating
plant with a new combined-cycle natural gas-fired facility,
the company worked with the city of Saint Paul to develop a
dog park on seven acres of land that were part of the former
plant grounds. “We have an outstanding relationship with
Minnesota’s capital city,” said Xcel Energy’s John Marshall,
manager, community relations. “The city really needed an
off-leash park where dogs could run free. We love the idea
that land that formerly housed a coal-fired facility is now a
green space for Saint Paul’s dogs and a gathering place for
the community. It perfectly captures Xcel Energy’s commitment
to environmental leadership and community care.”