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xcel energy RBC_July_2008
This document provides an overview and summary of Xcel Energy's strategy to reduce carbon emissions while growing earnings. Key points include: - Xcel aims to achieve annual EPS growth of 5-7% and increase its dividend by 2-4% annually while reducing carbon emissions 30% by 2020 through investments in renewables, energy efficiency, and environmental upgrades. - Resource plans for Minnesota and Colorado outline specific goals and investments to reduce emissions through increased wind and solar generation, gas plant additions, and efficiency programs. - Constructive regulation and riders support recovery of capital investments in areas like transmission, renewables and environmental upgrades. - A track record of meeting earnings and dividend growth targets demonstrates the company's ability
