<SEC-DOCUMENT>0001567619-23-003645.txt : 20230223
<SEC-HEADER>0001567619-23-003645.hdr.sgml : 20230223
<ACCEPTANCE-DATETIME>20230223171930
ACCESSION NUMBER:		0001567619-23-003645
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230221
FILED AS OF DATE:		20230223
DATE AS OF CHANGE:		20230223

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Prager Frank P
		CENTRAL INDEX KEY:			0001805007

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-03034
		FILM NUMBER:		23661044

	MAIL ADDRESS:	
		STREET 1:		414 NICOLLET MALL
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55401

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			XCEL ENERGY INC
		CENTRAL INDEX KEY:			0000072903
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC & OTHER SERVICES COMBINED [4931]
		IRS NUMBER:				410448030
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		414 NICOLLET MALL
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55401
		BUSINESS PHONE:		6123305500

	MAIL ADDRESS:	
		STREET 1:		414 NICOLLET MALL
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55401

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NORTHERN STATES POWER CO /MN/
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
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<DESCRIPTION>FORM 4
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        <issuerName>XCEL ENERGY INC</issuerName>
        <issuerTradingSymbol>XEL</issuerTradingSymbol>
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            <rptOwnerName>Prager Frank P</rptOwnerName>
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            <rptOwnerStreet2></rptOwnerStreet2>
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            <rptOwnerState>MN</rptOwnerState>
            <rptOwnerZipCode>55401</rptOwnerZipCode>
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            <isOfficer>1</isOfficer>
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            <isOther>0</isOther>
            <officerTitle>SVP, Strategy, Security &amp; Ext.</officerTitle>
            <otherText></otherText>
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            <securityTitle>
                <value>Phantom Stock</value>
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                    <value>606</value>
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    <footnotes>
        <footnote id="F1">Represents the settlement of performance share unit awards for the 2020-2022 performance period.</footnote>
        <footnote id="F2">Restricted stock units are settled in common stock on a one-for-one basis.</footnote>
        <footnote id="F3">Represents the withholding of shares to satisfy tax obligations upon the settlement of the 2020-2022 performance share unit awards and restricted stock unit awards. Fractional share interests were settled in cash.</footnote>
        <footnote id="F4">Number of units shown reflects the reinvestment of dividend equivalents since the original grants of (a) 770 units granted on March 2, 2020 and (b) 273 units granted on March 2, 2020.</footnote>
        <footnote id="F5">Award vested on December 31, 2022 but was settled in shares of common stock on February 21, 2023.</footnote>
        <footnote id="F6">Each share of phantom stock represents the right to receive the cash value of one share of common stock.</footnote>
        <footnote id="F7">Shares of phantom stock become payable in accordance with the reporting person's distribution elections made pursuant to the Xcel Energy Deferred Compensation Plan (the &quot;Plan&quot;). Subject to certain timing restrictions and other limitations based on the source of the amount deferred, the reporting person may generally transfer some or all of the balance in the Plan's Company stock account into an alternative Plan investment account.</footnote>
        <footnote id="F8">The number of shares of phantom stock reflects both additional shares credited upon the deemed reinvestment of dividend equivalents as reported in the most recent report from the Plan administrator, as well as minor adjustments to the number of phantom shares credited to the reporting person's Company stock account due to the unitized nature of the Plan's Company stock fund.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Kristin L. Westlund, Attorney in Fact for Frank P. Prager</signatureName>
        <signatureDate>2023-02-23</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
