Turnkey LED is more than just a project manager and provider of commercial lighting solutions. They’re also a registered trade partner of Xcel Energy®, a trusted provider of renewable energy. Their commitment to their millions of customers throughout the Midwestern and Western United States is coupled with their dedication to reducing their carbon footprint and preserving the environment. Here are some common questions about their work. 

What to Know About Xcel Energy 

Which states are currently served by Xcel Energy?

Xcel Energy currently supplies power to more than 3.3 million customers throughout eight states. These states include Wisconsin, Texas, South Dakota, North Dakota, New Mexico, Minnesota, Michigan, and Colorado. Their major generating facilities include coal, natural gas, nuclear, hydro, oil, and refuse-derived plants. They also provide wind power to customers in New Mexico, Minnesota, and Colorado. 

Where can I find your common stock listing?

Xcel’s common stock appears as XEL on the Nasdaq. The Last-Twelve-Months (LTM) dividend payout ratio is 63.80%, while the current dividend yield 2.63%. Dividends are paid on the 20^th of January, April, July, and October. However, dividend payouts are subject to the declaration of the board of directors. 

I have a paper stock certificate, but what should I do with it?

When you have paper stocks, there is always a risk that the copy will be damaged, destroyed, or stolen. That’s why you should deposit paper stocks into book-entries via EQ Shareowner Services. If there is an issue with your stock, you won’t need to cover the cost of a new copy. 

What is the Direct Stock Purchase Plan?

The Xcel stock purchase plan streamlines the process of purchasing stock and reinvesting dividends. There is a $250 minimum initial investment, with $25 minimum when investing additional amounts. Investments can be made directly to your bank account. 

 

Turnkey LED is a proud partner of Xcel Energy and your trusted commercial lighting consultant/project management company serving the entire state of Colorado. From specifying, procuring, installing, rebating, and warranting high quality LED lighting and controls trust Turnkey LED to be your one stop solution. Call us today at 303-999-5108 to see how we can get your facility running more efficiently, safely, comfortably, and productive! Visit our website to learn more about our commercial lighting services.