Xcel Energy 2013 Annual Report Download - page 51

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Based on The Climate Registry’s current reporting protocol, Xcel Energy estimated that its current electric generating portfolio, which
includes owned coal- and gas-fired plants, emitted approximately 57.1 million and 59.2 million tons of CO2 in 2013 and 2012,
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 these non-owned facilities emitted approximately 14.1 million and
14.5 million tons of CO2 in 2013 and 2012, respectively. Estimated total CO2 emissions associated with service to Xcel Energy
electric customers decreased by 2.5 million tons in 2013 compared to 2012. The decrease in emissions was associated with a decrease
of 5.4 million MWh of generation since 2011. The average annual decrease in CO2 emissions since 2011 is approximately 3.6 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, 2013, Xcel Energy had 11,457 full-time employees and 124 part-time employees, of which 5,587 were covered under
collective-bargaining agreements. See Note 9 to the consolidated financial statements for further discussion.
EXECUTIVE OFFICERS
Benjamin G.S. Fowke III, 55, 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.
David L. Eves, 55, 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.
David T. Hudson, 53, President, Director and Chief Executive Officer, SPS, January 1, 2014 to present. Previously, Director,
Community Service & Economic Development, SPS, April 2011 to January 2014; Director, Strategic Planning, SPS, May 2008 to
April 2011; and Director, Regulatory Administration, SPS, August 2000 to May 2008; Director, Electric Retail/Wholesale Services,
SPS, May 1997 to August 2000.
Kent T. Larson, 54, 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.
Teresa S. Madden, 58, Senior Vice President, Chief Financial Officer, Xcel Energy Inc., September 2011 to present. Previously, Vice
President and Controller, Xcel Energy Inc., January 2004 to September 2011; Vice President of Finance, Customer and Field
Operations Business Unit, Xcel Energy Inc., August 2003 to January 2004; Interim Chief Financial Officer, Rogue Wave Software,
Inc., February 2003 to July 2003; and Corporate Controller, Rogue Wave Software, Inc., October 2000 to February 2003.
Marvin E. McDaniel, Jr., 54, Senior Vice President, Chief Administrative Officer, Xcel Energy Inc., August 2012 to present.
Previously, Senior Vice President and Chief Administrative Officer, Xcel Energy Services Inc., September 2011 to August 2012; Vice
President and Chief Administrative Officer, Xcel Energy Services Inc., August 2009 to September 2011 and Vice President, Talent and
Technology Business Areas, Xcel Energy Services Inc., August 2009 to September 2011; Vice President, Human Resources, Xcel
Energy Services Inc., July 2007 to August 2009; Vice President and Assistant Controller, Xcel Energy Services Inc., March 2005 to
June 2007; and Vice President and Controller Energy Markets Business Unit, Xcel Energy Services Inc., February 2004 to February
2005.