Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Figoli Darla
2. Date of Event Requiring Statement (Month/Day/Year)
05/07/2018
3. Issuer Name and Ticker or Trading Symbol
XCEL ENERGY INC [XEL]
(Last)
(First)
(Middle)
414 NICOLLET MALL
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP, Chief Human Resources Off
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

MINNEAPOLIS, MN 55401
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 51,548.384
D
 
Common Stock 3,946.215 (1)
I
401 (k)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units   (2)   (2) Common Stock 2,799.307 $ (3) D  
Restricted Stock Units   (2)   (2) Common Stock 2,637.546 $ (4) D  
Restricted Stock Units   (2)   (2) Common Stock 2,172.107 $ (5) D  
Phantom Shares   (6)   (6) Common Stock 1,049.712 $ (6) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Figoli Darla
414 NICOLLET MALL
MINNEAPOLIS, MN 55401
      SVP, Chief Human Resources Off  

Signatures

Kristin L. Wesltund Attorney in Fact for Darla Figoli 05/09/2018
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Estimate of the number of shares held in the Xcel Energy stock fund under the Xcel Energy 401(k) Savings Plan as of the most recent plan statement (April 27, 2018). This plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Xcel Energy stock.
(2) Upon vesting, each restricted stock unit may be settled in one share of Xcel Energy common stock or in the cash value thereof, or a combination of cash and shares, in the discretion of the Governance, Compensation and Nominating Committee.
(3) Award vests on Dec. 31, 2018.
(4) Award vests on Dec. 31, 2019.
(5) Award vests on Dec. 31, 2020.
(6) Shares of phantom stock held under the Xcel Energy Deferred Compensation Plan. Shares of phantom stock become payable in cash in accordance with the reporting person's distribution election made under the Xcel Energy Deferred Compensation Plan. This plan uses unit accounting and the number of shares that a participant is deemed to hold varies with the price of Xcel Energy stock.

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