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With that, let's go ahead and get started. Hopefully, many of you probably are familiar with Xcel Energy, but I thought in terms of background, I'll just review some of kind of the basics about us. We're a fully regulated utility. We operate in eight states; NFP, Minnesota, and Piesco contribute the largest portion to our earnings. Piesco the last couple years has been a greater contributor, but it will vary depending on rate cases and terms of the overall contribution.
We do have 3.4 million customers and 1.9 million gas customers. And back to our footprint, we do think that the large eight stage region does actually diversify for risk and it can be risk related to weather. Although I'll be the first to say it's been warm all year, warm in the winter, warm in the summer across our jurisdictions. Regulatory risks because the regulatory compacts are different in each of our jurisdictions or even the local economies so again just to set up the framework.
And turning to our strategy and just to back up, our overall goal and objective is to provide a 10% total return. And we think there's three areas of focus in terms of that. If we have all of these executing on all cylinders relative to them and they are interrelated, we will be able and we do have a past practice or history of achieving the 10% total return. And I'm just going to walk through each of the majors areas and talk about in terms of our past track record and as we look to the future.