XCEL ENERGY INC — Director's Dealing 2006

Dec 28, 2006

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2006-12-13

Reporting Person: Eves David L (President and CEO, SPS, Xcel Energy owns 100% of SPS)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17077	Direct
Common Stock	2723.513	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$0		Common Stock (56.641)		Direct
Option, right to buy	$30.8468	2007-12-15	Common Stock (7285)		Direct
Option, right to buy	$31.0081	2008-12-13	Common Stock (5890)		Direct
Option, right to buy	$20.0403	2009-12-12	Common Stock (6975)		Direct
Option, right to buy	$27.9375	2010-12-12	Common Stock (5900)		Direct
Option, right to buy	$25.90	2011-12-12	Common Stock (17300)		Direct

Footnotes

F1: Shares of phantom stock are payable in cash following termination of reporting person's employment.

F2: Option Grant exercisable dates are based on a vesting schedule of a pro-rated portion of each grant, which is unique to, and dictated by the plan under which the specific option grant was authorized.