Pros
It is a regulated utility, so profits are guaranteed if they do the right things.
Cons
Executive leadership lacks integrity and rarely does the right thing. They claim trustworthy is a core value of the company, but nobody in the c-suite is honest. There is nepotism everywhere at Xcel. Board members get their friends and family corporate jobs that they are not qualified for. I was told during an interview that they look for engineers with family connections at Xcel. Job promotions are not based on merit or hard work. Nobody moves across departments at Xcel. Each department is a tribe where tribe members know the best way to advancement is to be a relative or crony of their senior leader. Merit and hard work have nothing to do with how employees are evaluated and promoted. Xcel is the largest organization I have ever worked for, and I have seen far more nepotism than anywhere else. They make a regular practice of retaliating on employees if they make a complaint to their compliance line. The compliance line is there to protect weak leadership from accountability.