XEL » Topics » Sales Growth

This excerpt taken from the XEL 8-K filed Apr 30, 2009.
Sales Growth — The following table summarizes Xcel Energy’s sales decline for actual and weather-normalized sales for the three-month period, excluding the impact of the 2008 leap year.

 

 

 

Three Months Ended March 31,

 

 

 

Actual

 

Normalized

 

Electric residential

 

(2.4

)%

(0.7

)%

Electric commercial and industrial

 

(1.8

)

(1.4

)

Total retail electric sales

 

(2.0

)

(1.2

)

Firm natural gas sales

 

(9.9

)

(1.1

)

 

This excerpt taken from the XEL 8-K filed Jan 29, 2009.
Sales Growth — The following table summarizes Xcel Energy’s regulated sales growth for actual and weather-normalized energy sales for the three- and twelve-month periods ended Dec. 31, 2008, compared with the same periods in 2007.  The year-end sales growth amounts for 2008 have been adjusted for leap year.

 

 

 

Three months ended
Dec. 31,

 

Twelve months ended
Dec. 31,

 

 

 

Actual

 

Normalized

 

Actual

 

Normalized

 

Electric residential

 

0.2

%

0.2

%

(2.0

)%

0.0

%

Electric commercial and industrial

 

1.7

 

1.8

 

1.5

 

2.4

 

Total retail electric sales

 

1.3

 

1.3

 

0.5

 

1.7

 

Firm natural gas sales

 

3.0

 

1.4

 

4.9

 

1.9

 

 

During 2008, we experienced flat electric residential sales, primarily driven by a decline in the NSP-Minnesota region.  We believe the flat sales growth is a reflection of a recent shift in customer behavior, in part, attributable to the overall economic conditions as well as conservation efforts.

 

This excerpt taken from the XEL 8-K filed Oct 23, 2008.
Sales Growth — The following table summarizes Xcel Energy’s regulated utility growth for actual and weather-normalized energy sales for the three- and nine-month periods ended Sept. 30, 2008, compared with the same periods in 2007.

 

 

 

Three months ended
Sept. 30,

 

Nine months ended
Sept. 30, *

 

 

 

Actual

 

Normalized

 

Actual

 

Normalized

 

Electric residential

 

(7.3

)%

(2.2

)%

(2.7

)%

0.0

%

Electric commercial and industrial

 

0.4

 

2.3

 

1.4

 

2.6

 

Total retail electric sales

 

(1.9

)

1.0

 

0.3

 

1.8

 

Firm natural gas sales**

 

31.2

 

22.2

 

5.9

 

2.2

 

 

During the third quarter, we experienced a decline in electric residential customer sales, particularly in the NSP-Minnesota region.  We believe the lower sales growth is a reflection of a recent shift in customer behavior, in part, attributable to the overall economic conditions as well as conservation efforts.

 


*   The year-to-date normalized sales growth amounts have been adjusted for leap day.

** Due to the low volume of natural gas sales for the third quarter, the firm gas sales increase is not a meaningful number or indicative of a trend.

 

This excerpt taken from the XEL 8-K filed Jul 31, 2008.
Sales Growth — The following table summarizes Xcel Energy’s regulated utility growth for actual and weather-normalized energy sales for the three- and six-month periods ended June 30, 2008, compared with the same periods in 2007.

 

 

 

Three months ended
June 30,

 

Six months ended
June 30, *

 

 

 

Actual

 

Normalized

 

Actual

 

Normalized

 

Electric residential

 

(2.1

)%

0.4

%

0.2

%

1.2

%

Electric commercial and industrial

 

1.8

 

3.2

 

2.1

 

2.7

 

Total retail electric sales

 

0.8

 

2.5

 

1.5

 

2.3

 

Firm natural gas sales

 

7.1

 

(4.4

)

3.4

 

0.1

 

 


*The year-to-date normalized sales growth amounts have been adjusted for leap day.

 

This excerpt taken from the XEL 8-K filed May 1, 2008.
Sales Growth — The following table summarizes Xcel Energy’s regulated utility growth from continuing operations for actual and weather-normalized energy sales for the three-month period and the weather-normalized

 

4



 

energy sales for the three-month period without leap day ended March 31, 2008, compared with the same period in 2007.

 

 

 

Three months ended
March 31,

 

Three months ended
March 31,
(without leap day)

 

 

 

Actual

 

Normalized

 

Actual

 

Normalized

 

Electric residential

 

3.4

%

3.1

%

2.3

%

1.9

%

Electric commercial and industrial

 

3.5

 

3.3

 

2.3

 

2.2

 

Total retail electric sales

 

3.4

 

3.2

 

2.2

 

2.1

 

Firm natural gas sales

 

3.5

 

2.7

 

2.3

 

1.5

 

 

This excerpt taken from the XEL 10-K filed Feb 20, 2008.

Sales Growth

In addition to the impact of weather, customer sales levels in Xcel Energy's utility businesses can vary with economic conditions, energy prices, customer usage patterns and other factors. Weather-normalized sales growth for retail electric utility customers was 1.7 percent in 2007, and 1.8 percent in 2006. Weather-normalized sales growth for firm natural gas utility customers was approximately 0.8 percent in 2007, and (2.8) percent in 2006. Weather-normalized sales for 2008 are projected to grow between 1.8 percent and 2.2 percent for retail electric utility customers and 0.0 percent to 1.0 percent for retail natural gas utility customers.

This excerpt taken from the XEL 8-K filed Jan 30, 2008.
Sales Growth — The following table summarizes Xcel Energy’s regulated utility growth from continuing operations for actual and weather-normalized energy sales for the three- and 12-month periods ended Dec. 31, 2007, compared with the same periods in 2006.

 

 

 

Three months ended
Dec. 31,

 

Twelve months ended
Dec. 31,

 

 

 

Actual

 

Normalized

 

Actual

 

Normalized

 

Electric residential

 

4.5

%

2.3

%

3.0

%

1.9

%

Electric commercial and industrial

 

1.3

 

0.9

 

1.8

 

1.7

 

Total retail electric sales

 

2.2

 

1.3

 

2.0

 

1.7

 

Firm natural gas sales

 

7.5

 

2.8

 

8.6

 

0.8

 

 

This excerpt taken from the XEL 8-K filed Dec 13, 2007.

Sales Growth

 

In addition to the impact of weather, customer sales levels in Xcel Energy’s utility businesses can vary with economic conditions, energy prices, customer usage patterns and other factors. Weather-normalized sales growth for retail electric utility customers was 1.8 percent in 2006, and 1.4 percent in 2005. Weather-normalized sales growth for firm natural gas utility customers was approximately (2.8) percent in 2006, and 0.2 percent in 2005. Weather-normalized sales for 2007 are projected to grow between 1.7 percent and 2.2 percent for retail electric utility customers and a sales decline of 1.0 percent to 2.0 percent for retail natural gas utility customers.

 

This excerpt taken from the XEL 8-K filed Oct 25, 2007.
Sales Growth — The following table summarizes Xcel Energy’s regulated utility growth from continuing operations for actual and weather-normalized energy sales for the three- and nine-month periods ended Sept. 30, 2007, compared with the same period in 2006.

 

 

 

Three months ended

Sept. 30,

 

Nine months ended

Sept. 30,

 

 

 

 

 

 

 

Actual

 

Normalized

 

Actual

 

Normalized

 

Electric residential

 

3.1

%

2.0

%

2.5

%

1.7

%

Electric commercial and industrial

 

2.8

 

1.9

 

1.9

 

1.9

 

Total retail electric sales

 

2.9

 

2.0

 

1.9

 

1.7

 

Firm natural gas sales *

 

(27.6

)

(16.7

)

9.2

 

(0.3

)


*                 Due to the low volume of natural gas sales for the third quarter, the firm natural gas sales decline is not a meaningful measure.

 

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