XEL_Q106

Xcel Energy announced earnings of $151 million or $0.36 per share for Q1 2006, up from $121 million or $0.29 per share in Q1 2005. Regulated utility earnings increased to $162 million due to rate increases in Colorado, Wisconsin and an interim increase in Minnesota, partially offset by higher expenses and warmer weather. Commodity trading margins increased to $12 million. Management reaffirmed 2006 earnings guidance of $1.25-1.35 per share.