Xcel Energy Inc. · NASDAQ:XEL
Xcel Energy — Investor Presentation (November 2005)
16 slides from Xcel Energy's investor presentation, Nov 28, 2005
Slide 1: New York Investor Meeting
Q Xcel Energy’ New York Investor Meeting November 29, 2005
Slide 2: New York Investor Meeting (Southwestern Public Service)
(2) Xcel Energy’ Southwestern Public Service ' . @ New York Investor Meeting November 29, 2005
Slide 3: Safe Harbor
Safe Harbor This material includes forward-looking statements that are subject to certain risks, uncertainties and assumptions. Such forward-looking statements include projected earnings, cash flows, capital expenditures and other statements and are identified in this document by the words “anticipa
Slide 4: Executing the Plan, Achieving the Potential
Xcel Energy’ Executing the Plan Achieving the Potential Dick Kelly President and Chief Executive Officer
Slide 5: Strategy — Building the Core
Strategy — Building the Core Invest in utility assets AND Earn our allowed return on equity
Slide 6: Financial Performance Objectives
Financial Performance Objectives = EPS growth rate 2005 — 2009 — Target 5 - 7% per year* = Annual dividend increases — Consistent with dividend growth objective of 2 — 4% per year = Credit rating — Senior unsecured debt BBB+ to A range * Excluding any impact from COLI
Slide 7: (2) Xcel Energy’
(2) Xcel Energy’
Slide 8: Distribution, Customer and A & G Costs
Distribution, Customer and A & G Costs Dollars per customer 500 400 300 200 100 © OL ESE SSP $ Source: 2004 FERC Form 1
Slide 9: Improving Large Customer Satisfaction
Improving Large Customer Satisfaction Percentile rank — TQS survey results 82 73 4 55 | 2003 2004 2005 * 6,100 customers surveyed served by 60 utilities
Slide 10: Construction Program
Construction Program On-time and Within Budget Completed In-Process Y Fort St. Vrain = King Y Black Dog = High Bridge ¥ Prairie Island = Riverside Steam Generator = Comanched VY Angus Anson V Blue Lake
Slide 11: Environmental Stewardship
Environmental Stewardship = 7% of energy from renewables — 2004 @ Wind generation: — Current 953 MW. — In-service by 2008 730 — Negotiating 850 Total 2,533 MW = Partner with EPRI on high-altitude, Powder River Basin coal IGCC demonstration = Partner with the National Renewable Energy Laboratory on w
Slide 12: Supportive Regulatory Treatment
Supportive Regulatory Treatment MERP Transmission riders in Minnesota and Texas Capacity cost rider in Colorado Comanche 3 CWIP in rate base Public Service of Colorado equity ratio up to 60%
Slide 13: Financial Strength
Financial Strength Regulatory support for major investments File rate cases a r = Manage to allowed cost @ Invest in jurisdictions which provide a fair return r Maintain solid balance sheet to support growth and achieve credit rating objectives
Slide 14: Operational Focus
Operational Focus Results in local decision makers with 360 degree perspective, responsibility and accountability Regulatory Financial issues Resource a @ Customer needs rt expectations é Legislative Resource portfolio
Slide 15: Organization Structure
Organization Structure — Optimize efficiency while maximizing accountability Co ca on jnseon
Slide 16: Searchable text section of graphics shown above
Searchable text section of graphics shown above [L OGO] New York Investor Meeting November 29, 2005 [LOGO] [G RAPHIC] New York Investor Meeting November 29, 2005 Sa fe Harbor This material includes forward-looking statements that are subject to certain risks, uncertainties and assumptions. Such forw