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Investor Presentaiton

Investor Fact Book October 2023 | Xcel Energy 7.02 (b) 6.20 (b) CO CO Natural Gas PSCO Wholesale TX Electric NM Electric SPS Wholesale WI Electric WI Natural Gas MI Electric & Natural Gas 9.20-9.50 Blackbox 9.05(b) Blackbox 8.61 (b) 5.25 (b) Blackbox 9.70 (elec.) / 10.00 (gas) 8.24(b) (a) The authorized ROE for PSCo transmission and production formula = 9.72% (b) Actual ROE, not weather-normalized (c) The transmission ROE = 10.50% and production formula ROE = 10.00% 9.80 (elec.); 10.00 (gas) 9.80 (elec.); 10.00 (gas) LELELEL Blackbox Blackbox MN MN Jurisdiction Electric Natural Gas ND Electric ND Natural Gas SD Electric Blackbox Electric 10,637 Xcel Energy Inc. | Authorized and Earned ROES These numbers are based on jurisdictional returns and do not represent financial returns. YE 2022 Rate Base ($ millions) 11,633 YE 2022 Authorized (%) YE 2022 YE 2021 YE 2021 YE 2020 YE 2020 W/N Earned (%) Authorized (%) W/A Earned (%) Authorized (%) W/A Earned (%) Xcel Energy Inc. | Base Capital Expenditure Forecast Dollars in Millions Electric Transmission Electric Distribution Electric Generation Other Natural Gas Renewables Total $1,880 $1,720 $2,150 $1,840 $2,500 $2,030 $1,160 $2,840 $2,200 $2,080 $2,410 $11,450 $10,200 111111 $6,700 $7,290 $6,650 $7,050 $3,240 $1,490 $34,000 Base capital forecast excludes potential additional investment associated with resource plans. Xcel Energy Inc. | Rate Base by Function 2022 Year-end Rate Base Balance -$39 billion Renewables Generation 9% 6% Coal 7% Natural gas 13% Nuclear Electric Distribution 14% 24% 4% 23% Other Electric Transmission 24 24
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