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Tuesday, August 14, 2012

Xcel Energy raises $113,000 for Red Cross

This summer, Xcel Energy and its employees and customers raised $113,000 for the Mile High Chapter of the American Red Cross.

Through a unique partnership, the company and its customers raised $100,000 for the Red Cross while at the same time reducing electricity use at peak times through Xcel Energy’s Saver’s Switch program.

Additionally, Xcel Energy employees made personal contributions that with the company match will total $113,000 to the American Red Cross.

Xcel Energy makes a $25 donation to the Red Cross for every customer who subscribes to Saver’s Switch, a free program that helps manage short-term spikes in demand for electricity on extremely hot summer days.

“Summer is good time to promote our Saver’s Switch program. It is the second season that Red Cross was a beneficiary of customer sign-ups for the program,” said David Eves, president and CEO of Public Service Co. of Colorado. “This summer, we have more than 7,000 customers to thank for their enrollment and support of Red Cross, the most enrollments ever through this kind of promotion.”

The donations will enable the Red Cross to help Colorado residents prepare for, prevent, respond to and recover from disasters in local communities.

“We are so appreciative of Xcel Energy’s commitment to Colorado, especially at a time when so many people are affected by the devastation of wildfires,” said Gino Greco, CEO of the American Red Cross Mile High Region. “Not only have the company and its customers stepped up, but individual Xcel Energy employees gave from their hearts to help their fellow Coloradans. We understand some of the contributions even came from employees in other Xcel Energy states who wanted to help.”

In addition to raising funds to support Red Cross disaster relief in Colorado, Xcel Energy gas crews worked professionally, side-by-side with Colorado Springs utility workers to help restore gas service and re-light customer appliances in the Waldo Canyon area following the Waldo Canyon wildfire.

“At Xcel Energy, we know our business depends on thriving communities and we take that seriously. Our employees contribute not just dollars, but thousands of hours of their time as volunteers,” added David Eves.

In its 2011 Giving Guide The Denver Business Journal has ranked Xcel Energy as the most generous corporate giver in Colorado for the past four years. Visit www.xcelenergy.com for more information on Saver’s Switch or Xcel Energy’s community investment.

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