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Xcel Energy local spending supports area economy | KLBK | KAMC

The following is a press release from Xcel Energy:

AMARILLO, Texas (PRESS RELEASE) — Xcel Energy not only powers the regional economy with clean, reliable electricity, but also supports local jobs and economic development through hundreds of millions of dollars spent with Texas and New Mexico businesses.

In 2021, Xcel Energy purchased almost $745 million in goods and services from businesses in Texas and New Mexico, providing a shot in the arm for local economies bouncing back from the effects of the pandemic. This amount was a significant increase over the amount spent with regional businesses in 2020.

“Local business is vital to the work we do on a daily basis, and the dollars we pump into the economy through trade with businesses—big and small—in our communities support many local jobs, both inside and outside of our company,” said Adrian J. Rodriguez, president, Xcel Energy – New Mexico, Texas….

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