XCEL ENERGY INC — Director's Dealing 2008

Jan 2, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XCEL ENERGY INC (XEL)
CIK: 0000072903
Period of Report: 2007-12-28

Reporting Person: WESTERLUND DAVID A (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-12-28	Phantom Stock	$0	A	1120.63	Acquired		Common Stock (1120.63)	Direct

Footnotes

F1: Security converts to common stock on a one-for-one basis.

F2: Shares of phantom stock are payable in shares of common stock following termination of reporting person's service. Partial shares are payable in cash.

F3: Includes 73.40 shares of stock acquired pursuant to reinvestment of dividends.