1. Leading the Clean Energy Transition
Frank Prager
June 26, 2018

2. Wind Provides Customer Value Reduced Fuel & O&M Costs
Steel for Fuel
Geography and high capacity factors for wind
Production Tax Credit
Improved supply chain
Supportive regulatory environment
Economic, low-emission energy
Customer bill decreases
Wind Provides Customer Value
Reduced Fuel & O&M Costs 2

3. Achieving a Low-carbon Future Our Emissions Pathway
This graph shows our current emissions trajectory
Beyond 2030, we’re on pace to reduce carbon emissions 80% by 2050
Surpassed national/international goals:
U.S. commitment under the Paris Climate Accord of 26-28% reduction in carbon emissions by 2025
EPA Clean Power Plan’s national target of 32% below 2005 by 2030 (various targets by state)
Xcel Energy has surpassed the U.S. commitment under the Paris Accord and EPA Clean Power Plan goals 3

4. Affordable Clean Energy Goal to Keep Energy Rates at or Below Inflation
Xcel Energy Annual Average Residential Bills
Energy affordability is a top priority for our customers
We are investing and successfully making the clean energy transition while keeping customer energy bills low
Our goal is to keep bills at or below the rate of inflation
Since 2013, the average monthly Xcel Energy residential customer’s electricity bill has gone down 3% and the natural gas bill 14% 4

5. Low-Cost Renewable Energy Levelized Pricing of Preferred Colorado Energy Plan Technologies5