Xcel Energy 2014 Annual Report Download - page 10
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Investing in the future
To ensure safe, reliable energy well into the future and to deliver renewable energy, Xcel Energy in 2014 invested about $1 billion in
its transmission system, constructing new lines and substations as well as rebuilding and upgrading the existing system. The company
is one of the largest builders of 345-kilovolt transmission lines in the country, with an average cost per mile for new transmission
below the national average.
To compete in a competitive transmission market, Xcel Energy formed three independent transmission companies that will
pursue projects that make sense for customers and build value for shareholders.
Xcel Energy
Annual Report 2014 8