Market Overview

Xcel Energy Inc. Board Declares Dividend on Common Stock

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The Board of Directors of Xcel Energy Inc. (NASDAQ:XEL) today declared
a quarterly dividend on its common stock of 38 cents per share. The
dividends are payable October 20, 2018, to shareholders of record on
September 14, 2018.

Xcel Energy is a major U.S. electricity and natural gas company, with
operations in 8 Western and Midwestern states. Xcel Energy provides a
comprehensive portfolio of energy-related products and services to 3.6
million electricity customers and 2.0 million natural gas customers
through its regulated operating companies. Company headquarters are
located in Minneapolis. More information is available at www.xcelenergy.com.

This information is not given in connection with any sale or offer for
sale or offer to buy any securities.

Statements in this press release regarding Xcel Energy's business which
are not historical facts are "forward-looking statements" that involve
risks and uncertainties. For a discussion of such risks and
uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see "Risk Factors" in the
Company's Annual Report on Form 10-K for the most recently ended fiscal
year.

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