XCEL ENERGY INC — Director's Dealing 2006

Feb 17, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2006-02-15

Reporting Person: LESHER CYNTHIA L (VP, Xcel Energy Services Inc.)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-15	Phantom Stock	$0	A	4.64	Acquired		Common Stock (4.64)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	4728.18	Indirect

Footnotes

F1: Between February 1, 2005 and January 31, 2006, the reporting person acquired 290.79 shares of Xcel Energy common stock under the Xcel Energy 401(k) Savings Plan. The information in this report is based on a plan statement dated as of January 31, 2006.

F2: Shares of phantom stock are payable in cash following termination of reporting person's employment.