Xcel Energy Inc. · NASDAQ:XEL

Xcel Energy — Investor Presentation (August 2008)

8 slides from Xcel Energy's investor presentation, Aug 12, 2008

  1. Slide 1: Xcel Energy

    (2) Xcel Energy’

  2. Slide 2: Gas and Power Market Price Forecasting

    Gas and Power Market Price Forecasting Presented to the New Mexico Integrated Resource Plan Stakeholders Meeting August 12, 2008

  3. Slide 3: Natural Gas Price Forecasting Methodology

    Natural Gas Price Forecasting Methodology „ Will update forecast with latest information at time of analyses „ Henry Hub Forecast ‡ Key component of final forecast ‡ Utilize 4-source blend: an average of three consultants’ short and long term forecasts with current NYMEX strip ‹ Global Insight ‹ CER

  4. Slide 4: Henry Hub Composite Forecast (July 9, 2008)

    Recent Henry Hub Composite Forecast (July 9, 2008) 15.00 14.00 13.00 12.00 11.00 10.00 9.00 8.00 7.00 6.00 5.00 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 4

  5. Slide 5: Natural Gas Delivered Price

    Natural Gas Delivered Price „ Will forecast basis differential to Henry Hub using similar combination of consultants’ forecasts and current market ‡ Existing units: Use hub that gas is traditionally procured from ‡ New units: Determine most likely general location of unit and associated hub „ Will a

  6. Slide 6: WAHA Composite Basis Forecast (July 9, 2008)

    Recent WAHA Composite Basis Forecast (July 9, 2008) $0.00 -$0.10 -$0.20 -$0.30 -$0.40 -$0.50 -$0.60 -$0.70 -$0.80 -$0.90 -$1.00 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 6

  7. Slide 7: Electricity Market Prices

    Electricity Market Prices „ Use average of PIRA’s and CERA’s long term forecasts of implied heat rate ‡ Combined with base natural gas forecast to derive electricity $/MWh forecast „ Use most recent forecast from consultants ‡ Long term updated annually / semi-annually depending on source ‡ Short te

  8. Slide 8: SPP Composite Electricity Forecast

    Recent SPP Composite Electricity Forecast $120.00 $110.00 $100.00 $90.00 $80.00 $70.00 $60.00 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 8

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