Xcel Energy reviews

3.3

55% would recommend to a friend

(1,073 total reviews)
avatar

Bob Frenzel

33% approve of CEO

51% positive business outlook

Xcel Energy has an employee rating of 3.3 out of 5 stars, based on 1,073 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Xcel Energy employee rating is in line with the average (within 1 standard deviation) for employers within the Energy, Mining & Utilities industry (3.7 stars).

Reviews by job title

1K reviews
4.0
May 29, 2022
Recommend
CEO approval
Business Outlook

Pros

Excellent pay and benefits. Plentiful opportunities.

Cons

Hiring practices for upper level positions are biased. It's difficult to advance without connections or kissing up.

3.0
May 28, 2022

Great Company for long term

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Stable work environment with a mature organization structure.

Cons

If you’re looking for excitement or innovation, it is not the company for you.

3.0
May 28, 2022

Regulated Business

Recommend
CEO approval
Business Outlook

Pros

Interesting organization in very relevant industry.

Cons

Unfortunately the role of a regulated utility is to: Provide certainty of returns at minimized risk to shareholders; Provide a reliable source of energy (gas/electric) to customers; balance the above in a politically charged environment with priority given to 1. Investors; 2. regulators/politicians; 3. Senior Management compensation; 3. Large customers; 4. Small customers; 5. all other employees. That creates a culture of silo's, politics, promotion of "good guys" versus measured performance, lack of clarity on roles (ability to afford excess people due to regulated recovery of costs), lack of entrepreneurial organizational approach, protecting the core regulated business.

Viewing 688 - 690 of 1,073 Reviews

Glassdoor has 1,298 Xcel Energy reviews submitted anonymously by Xcel Energy employees. Read employee reviews and ratings on Glassdoor to decide if Xcel Energy is right for you.