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Conservation and Demand Side Management Program Expenses

Xcel Energy Conservation and Demand Side Management Program Expenses increased by 13.1% to $121M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.0%, from $110M to $121M. Over 4 years (FY 2021 to FY 2025), Conservation and Demand Side Management Program Expenses shows an upward trend with a 7.5% CAGR.

Analysis

StatementIncome Statement
SectionOther
CategoryOther
SignalContext dependent
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Higher spending reflects a commitment to sustainability and regulatory compliance, often leading to long-term cost savings or rate recovery benefits.

Detailed definition

This metric tracks expenditures related to programs designed to help customers reduce energy consumption and improve eff...

Peer comparison

Common in utilities with strong ESG mandates; comparable to DSM or energy efficiency program costs at peers like PG&E or Consolidated Edison.

Metric ID: other_conservationand_demand_side_management_program_expenses

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$71M$78M$82M$92M$81M$86M$72M$76M$63M$76M$71M$97M$86M$112M$99M$110M$88M$101M$107M$121M
QoQ Change+9.9%+5.1%+12.2%-12.0%+6.2%-16.3%+5.6%-17.1%+20.6%-6.6%+36.6%-11.3%+30.2%-11.6%+11.1%-20.0%+14.8%+5.9%+13.1%
YoY Change+14.1%+10.3%-12.2%-17.4%-22.2%-11.6%-1.4%+27.6%+36.5%+47.4%+39.4%+13.4%+2.3%-9.8%+8.1%+10.0%
Range$63M$121M
CAGR+11.9%
Avg YoY Growth+8.4%
Median YoY Growth+9.0%
Current Streak3 quarters growth

Frequently Asked Questions

What is Xcel Energy's conservation and demand side management program expenses?
Xcel Energy (XEL) reported conservation and demand side management program expenses of $121M in Q1 2026.
How has Xcel Energy's conservation and demand side management program expenses changed year-over-year?
Xcel Energy's conservation and demand side management program expenses increased by 10.0% year-over-year, from $110M to $121M.
What is the long-term trend for Xcel Energy's conservation and demand side management program expenses?
Over 4 years (2021 to 2025), Xcel Energy's conservation and demand side management program expenses has grown at a 7.5% compound annual growth rate (CAGR), from $304M to $406M.
What does conservation and demand side management program expenses mean?
Costs associated with energy efficiency and demand reduction programs.