Xcel Energy(XEL) - 2025 Q4 - Annual Results

Exhibit 99.01 The change in ongoing earnings reflect increased recovery of infrastructure investments and electric sales growth, partially offset by higher interest, depreciation and operating & maintenance expenses. "In 2025, Xcel Energy delivered on our earnings guidance for the 21 year in a row - one of the best track records in the industry. We placed in service critical infrastructure to serve our customers, including Phase 2 of our Sherco Solar facility, the conversion of our Harrington coal plant to ...