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  <ccc>XXXXXXXX</ccc>
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  <liveTestFlag>LIVE</liveTestFlag>
  
  
  
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  <issuerInfo>
  <issuerCik>0000072903</issuerCik>
  <issuerName>Xcel Energy Inc.</issuerName>
  <secFileNumber>001-03034</secFileNumber>
  <issuerAddress>
  <com:street1>414 Nicollet Mall</com:street1>
  <com:city>Minneapolis</com:city>
  <com:stateOrCountry>MN</com:stateOrCountry>
  <com:zipCode>55401</com:zipCode>
  </issuerAddress>
  <issuerContactPhone>612-330-5500</issuerContactPhone>
  <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>O'Connor Timothy John</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
  <relationshipsToIssuer>
  <relationshipToIssuer>Officer</relationshipToIssuer>
  </relationshipsToIssuer>
  </issuerInfo>
  <securitiesInformation>
  <securitiesClassTitle>Common Stock</securitiesClassTitle>
  <brokerOrMarketmakerDetails>
  <name>EQ Shareowner Services (EQ Group plc)</name>
  <address>
  <com:street1>1110 Centre Pointe Curve, Suite 101</com:street1>
  <com:city>Mendota Heights</com:city>
  <com:stateOrCountry>MN</com:stateOrCountry>
  <com:zipCode>55120</com:zipCode>
  </address>
  </brokerOrMarketmakerDetails>
  <noOfUnitsSold>17563</noOfUnitsSold>
  <aggregateMarketValue>984757</aggregateMarketValue>
  <noOfUnitsOutstanding>555639439</noOfUnitsOutstanding>
  <approxSaleDate>05/20/2024</approxSaleDate>
  <securitiesExchangeName>Nasdaq</securitiesExchangeName>
  </securitiesInformation>
  <securitiesToBeSold>
  <securitiesClassTitle>Common Stock</securitiesClassTitle>
  <acquiredDate>02/20/2024</acquiredDate>
  <natureOfAcquisitionTransaction>Vesting of equity compensation</natureOfAcquisitionTransaction>
  <nameOfPersonfromWhomAcquired>Xcel Energy Inc.</nameOfPersonfromWhomAcquired>
  <isGiftTransaction>N</isGiftTransaction>
  <amountOfSecuritiesAcquired>6652</amountOfSecuritiesAcquired>
  <paymentDate>02/20/2024</paymentDate>
  <natureOfPayment>Equity compensation</natureOfPayment>
  </securitiesToBeSold>
  <securitiesToBeSold>
  <securitiesClassTitle>Common Stock</securitiesClassTitle>
  <acquiredDate>08/31/2023</acquiredDate>
  <natureOfAcquisitionTransaction>Vesting of equity compensation</natureOfAcquisitionTransaction>
  <nameOfPersonfromWhomAcquired>Xcel Energy Inc.</nameOfPersonfromWhomAcquired>
  <isGiftTransaction>N</isGiftTransaction>
  <amountOfSecuritiesAcquired>4413</amountOfSecuritiesAcquired>
  <paymentDate>08/31/2023</paymentDate>
  <natureOfPayment>Equity compensation</natureOfPayment>
  </securitiesToBeSold>
  <securitiesToBeSold>
  <securitiesClassTitle>Common Stock</securitiesClassTitle>
  <acquiredDate>02/21/2017</acquiredDate>
  <natureOfAcquisitionTransaction>Vesting of equity compensation</natureOfAcquisitionTransaction>
  <nameOfPersonfromWhomAcquired>Xcel Energy Inc.</nameOfPersonfromWhomAcquired>
  <isGiftTransaction>N</isGiftTransaction>
  <amountOfSecuritiesAcquired>864</amountOfSecuritiesAcquired>
  <paymentDate>02/21/2017</paymentDate>
  <natureOfPayment>Equity compensation</natureOfPayment>
  </securitiesToBeSold>
  <securitiesToBeSold>
  <securitiesClassTitle>Common Stock</securitiesClassTitle>
  <acquiredDate>02/21/2017</acquiredDate>
  <natureOfAcquisitionTransaction>Vesting of equity compensation</natureOfAcquisitionTransaction>
  <nameOfPersonfromWhomAcquired>Xcel Energy Inc.</nameOfPersonfromWhomAcquired>
  <isGiftTransaction>N</isGiftTransaction>
  <amountOfSecuritiesAcquired>731</amountOfSecuritiesAcquired>
  <paymentDate>02/21/2017</paymentDate>
  <natureOfPayment>Equity compensation</natureOfPayment>
  </securitiesToBeSold>
  <securitiesToBeSold>
  <securitiesClassTitle>Common Stock</securitiesClassTitle>
  <acquiredDate>02/17/2015</acquiredDate>
  <natureOfAcquisitionTransaction>Vesting of equity compensation</natureOfAcquisitionTransaction>
  <nameOfPersonfromWhomAcquired>Xcel Energy Inc.</nameOfPersonfromWhomAcquired>
  <isGiftTransaction>N</isGiftTransaction>
  <amountOfSecuritiesAcquired>768</amountOfSecuritiesAcquired>
  <paymentDate>02/17/2015</paymentDate>
  <natureOfPayment>Equity compensation</natureOfPayment>
  </securitiesToBeSold>
  <securitiesToBeSold>
  <securitiesClassTitle>Common Stock</securitiesClassTitle>
  <acquiredDate>02/19/2014</acquiredDate>
  <natureOfAcquisitionTransaction>Vesting of equity compensation</natureOfAcquisitionTransaction>
  <nameOfPersonfromWhomAcquired>Xcel Energy Inc.</nameOfPersonfromWhomAcquired>
  <isGiftTransaction>N</isGiftTransaction>
  <amountOfSecuritiesAcquired>4135</amountOfSecuritiesAcquired>
  <paymentDate>02/19/2014</paymentDate>
  <natureOfPayment>Equity compensation</natureOfPayment>
  </securitiesToBeSold>
  <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
  <noticeSignature>
  <noticeDate>05/21/2024</noticeDate>
  <signature>/s/ Kristin Westlund, Attorney in fact for Timothy O'Connor</signature>
  </noticeSignature>
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text: 144
  0001570155
  XXXXXXXX
  LIVE
  0000072903
  Xcel Energy Inc.
  001-03034
  414 Nicollet Mall
  Minneapolis
  MN
  55401
  612-330-5500
  O'Connor Timothy John
  Officer
  Common Stock
  EQ Shareowner Services (EQ Group plc)
  1110 Centre Pointe Curve, Suite 101
  Mendota Heights
  MN
  55120
  17563
  984757
  555639439
  05/20/2024
  Nasdaq
  Common Stock
  02/20/2024
  Vesting of equity compensation
  Xcel Energy Inc.
  N
  6652
  02/20/2024
  Equity compensation
  Common Stock
  08/31/2023
  Vesting of equity compensation
  Xcel Energy Inc.
  N
  4413
  08/31/2023
  Equity compensation
  Common Stock
  02/21/2017
  Vesting of equity compensation
  Xcel Energy Inc.
  N
  864
  02/21/2017
  Equity compensation
  Common Stock
  02/21/2017
  Vesting of equity compensation
  Xcel Energy Inc.
  N
  731
  02/21/2017
  Equity compensation
  Common Stock
  02/17/2015
  Vesting of equity compensation
  Xcel Energy Inc.
  N
  768
  02/17/2015
  Equity compensation
  Common Stock
  02/19/2014
  Vesting of equity compensation
  Xcel Energy Inc.
  N
  4135
  02/19/2014
  Equity compensation
  Y
  05/21/2024
  /s/ Kristin Westlund, Attorney in fact for Timothy O'Connor