XCEL ENERGY INC — Director's Dealing 2008

May 23, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2008-05-22

Reporting Person: HEMMINGHAUS ROGER R (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-05-22	Phantom Stock	$0	A	3742.69	Acquired		Common Stock (3742.69)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6770.69	Direct

Footnotes

F1: Includes 10.64 shares of stock acquired pursuant to reinvestment of dividends.

F2: Security converts to common stock on a one-for-one basis.

F3: Shares of phantom stock are payable in shares of common stock following termination of reporting person's service. Partial shares are payable in cash.

F4: Includes 753.65 shares of stock acquired pursuant to reinvestment of dividends.