XCEL ENERGY INC — Director's Dealing 2007

Jun 6, 2007

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2007-06-01

Reporting Person: Connelly Michael C (VP and General Counsel)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20256.65	Direct
Common Stock	3701.56	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Stock	$0		Common Stock (38.76)		Direct
Option, Right to Buy	$26.875	2008-01-28	Common Stock (2872)		Direct
Option, Right to Buy	$26.3125	2009-01-27	Common Stock (3131)		Direct
Option, Right to Buy	$19.3125	2010-01-26	Common Stock (4779)		Direct
Option, Right to Buy	$27.9375	2010-12-12	Common Stock (9200)		Direct
Option, Right to Buy	$25.90	2011-12-12	Common Stock (16000)		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.