Xcel Energy CEO: Data centers won’t impact your electric bill

April 8, 2026

Bob Frenzel, the CEO of Xcel Energy, calls electricity “the most consequential product I think man has ever made.”

An aerial view of the Prairie Island Nuclear Power Plant, near Red Wing, Minnesota along the Mississippi River. The two pressurized water reactors produce approximately 1,100 megawatts. Shot from the open window of a small airplane.
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