XEL · Annual Report (Form 10-K) · Filed February 25, 2026

Xcel Energy Inc — 10-K exhibit

xcelex2401q42025.htm

Document

Exhibit 24.01

POWER OF ATTORNEY

The undersigned director of Xcel Energy Inc., a Minnesota corporation (the “Company”), does hereby make, constitute and appoint Robert C. Frenzel, Brian J. Van Abel and Ryan Long, and each or any one of them, the undersigned’s true and lawful attorneys-in-fact and agents, with full power of substitution, for the undersigned and in the undersigned’s name, place and stead and in any and all capacities, to sign and affix the undersigned’s name as such director of the Company to an Annual Report on Form 10-K for the year ended December 31, 2025, pursuant to the Securities Exchange Act of 1934, as amended (the “1934 Act”), including any and all exhibits, schedules, supplements, certifications and supporting documents thereto and all amendments, supplements and corrections thereto, to be filed by the Company with the Securities and Exchange Commission (the “SEC”), as required in connection with its registration under the 1934 Act, and to file the same, with all exhibits thereto and other supporting documents, with the SEC.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 25 day of February, 2026.


/s/ MEGAN BURKHART						/s/ RICHARD O'BRIEN
Megan Burkhart Director						Richard O’Brien Director
/s/ LYNN CASEY						/s/ CHARLES PARDEE
Lynn Casey Director						Charles Pardee Director
/s/ MARIA DEMAREE						/s/ JAMES PROKOPANKO
Maria Demaree Director						James Prokopanko Director
/s/ NETHA JOHNSON						/s/ DEVIN STOCKFISH
Netha Johnson Director						Devin Stockfish Director
/s/ PATRICIA KAMPLING						/s/ TIM WELSH
Patricia Kampling Director						Tim Welsh Director
/s/ GEORGE KEHL
George Kehl Director

Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.

Full disclaimer