FERC Form. Volume Required Information Section. Income Statement Overtime Other Compensation

Transcription

1 E2/GR Volume Required Inmati Secti Form Reccfle 14 GAAP Labor Load Incentive Overtime Or mpensati Welf Fund Or mp Ctract Labor Csultg/Pr Svcs-Or Csult Pressnl Fees NMC 7135 Outside Vendor LT Ctract Outside Srvcs-Cust C 7131 Csultg/Pr Svcs-Legal 710 Materials Chemicals Or Chemicals Chemicals Lime Chemicals Ammia 348. Acid Chemicals Sulfuric 7141 Prt/py Or Equipment Matenance Equip Mat Cust C Hardw Matenance Hardw Purchases 95 IT IT Stw Purchases purch lic 715 Stw term 7155 Stw Matenance Persal mmunicati Devices Network Services Network Voice Network Telecom Maframe Services Dtributed Systems Services Airf Mat Rental Car Dev App EE EE i/bus EE EEMileage Cf/Semnrs/Trng Hotel Meals/EEs Meals/IncI N-EEs Parkg Diem Per Safety Equip Or EE EE EE EE EE EE EE EE Office Supplies Workce Adm 7218 Safety Recogniti Life Events/Cer Events Employee Permance Recogntn Transportati Fleet st Route Janirial General Interior/Exterior Ma sts sts Use Use Electric C Mat sts Lawn

2 E2/GR Volume Required Inmati Secti Form Reccile 14 GAAP Sewer Mait sts Snow Removal sts Trash Removal sts sts Use Water Moves/Adds/Changes Equipment Rental 7233 Lease sts 723 Postage Pressial Associati Dues Envirmental Permits Fees License Fees Permits st Amort 7040 Nuclear Outage 7250 Or 7255 Onle Inmati Services Depreciati Electric Depreciati Depreciati mm 7510 Decommsig Depr Depre -mm Depr Electric Depr ARC ARC ARC Amort Intang Stw Elect Amort Intang Stw Amort Intang Stw mm Pre-funded AFUDC-Amortiz Grant Revenue Hydro Rider Over/Under Rider Over/Under Rider Over/Under Tracker Revenue TCR Infrastructure Over/Under DL ITC R TCR SD SD NOL Fund Amortizati Dev Renew State Energy Policy Rider MN Regulary Debits Private Fuel Strorage Amortizati R MN Over/Under Recovery Rider Over/Under Rider Over/Under TCR TCR ND TCR SD Interchange Amort Credits Electric Credits Res Reg Reg Reg Theo Credits mm ARO ARO ARO Load es Load es Lab Lab Fuel H 6184 Fuel Proc es Load Lab Fuel Proc WI MN Trans-Property Nuc Property es 76 Payroll es Use Sales

3 EOO2IGR Volume Required Inmati Secti Form 14 GAAP Reccile es 9111 Federal Income es es-mnesota Inc St 9110 Curr 9111 Federal Income es es Mnesota Inc St 9110 Curr IncomeFIN Def 9211 Federal Oper -Mnesota Op Def FIN Inc Def Cr Oper 48 FIN Cr-MN Op Fed Def FIN Inc Def Cr Oper 48 FIN Cr-MN Op Fed Def Credit 9310 Investment PPE Dp On Loss Sales rth Dakota REC Allowa S Record Ga/Loss Accreti Electric Accreti Accreti mm ARO ARO ARO Mcellaneous Nreg Revenues 572 Service Revenues NReg Goods Sold st Reg N COGS Sales/Services 6817 COGS Subscript Time/Materials 6819 COGS Shd Rev-Repl Plan COGS Subscripti Incentives Goods Sold 6811 N-Trad st Productive Labor Labor Loadg-NProductiv Labor Loadg-PensiK Labor Loadg-Insurance Dam Labor Loadg-Inj Reg Reg Reg Reg Premium Time Labor Load-Incentive Reg Overtime Or mpensati Ctract Labor 7130 Csultg/Pr Svcs-Or Outside Vendor LT Ctract Outside Srvcs-Cust C 7131 Csultg/Pr Svcs-Legal 710 Materials purch ic 7141 Prt/py-Or 715 Stw term 7156 Persal mmunicati Devices Network Voice Dtributed Systems Services Mat Airf Dev App EE

4 EOO2IGR Volume Required Inmati Secti Form Reccile 14 GAAP Lvi company BU GAAP BAS TRIAL BALANCE Account Name Balance Rental Car EE Mileage Cf/Semnrs/Trng Hotel Meals/EEs EEs Mealsllncl.N EE EE EE EE EE EEParkg Diem 54. Per EE Or EE Office Supplies Life Events/Cer Events Employee Permance Recogntn Fleet st Transportati sts Use sts 3029 Use Electric sts Use Water N-Energy Debt Ccess Bad Mc Space Equipment Rental Elec Transmsi Rents Lease sts Postage Or Cust Billg Srvcs Br/ImageAdvertg Cusmer Program Advertg Cusmer Program Promoti Pressial Associati Dues 7. mmerce Dues Chamber Or Deduct Bank Charges License Fees Permits Or Overheads N-Utility Operatg 7511 Depreciati Subs-NSP Nucl Equity Inc-Mcellaneous Assoc mpanies Temporary Cash Invest Cusmer Fancg -1 Inc Inc Inc mp Def Inc-Rabbi Nqual tnt tnt tnt tnt tnt Tr 8270 Realized Gas/Losses Rabbi 8050 AFCE-Equity Pre-Funded AFUDC-Equity Shortterm SD 8070 AFCE-Equity Carryg Chgs CIP Electric Rev Or Hedgg Decommsig Depr 421 Investment Operatg Income Mcellaneous N Ga Mc N-Op Ga Loss 84 PPys/Op Unit PPys/Op Unit Dp Dp ge

5 826 E2/GR-15 Volume Required Inmati Secti Form Reccile 14 GAAP GAAP BAS TRIAL BALANG company Account Name Balance Le Account Name Number Balance Lvi BU Go Ferc Form To Charitable Ctribut mmunity Spsorships Ecomic Devement-Ctribut Cash Surrender Value OSB Wealthop Cash Surrender Value Wealthop Premium Penalties Productive Labor Labor Loadg-NProductw Labor Loadg-PensiK Labor Loadg-Insurance Dam Labor Loadg-mi 85 Labor Load-Incentive Reg Reg Reg Reg Reg Or mpensati Ctract Labor Svcs Or Csultg/Pr Outside Vendor LT Ctract 7131 Csultg/Pr Svcs Legal Materials Prt/py Or Persal mmunicati Devices Network Voice Dtributed Systems Services EEAirf Rental Car EE 82 i/bus 8438 Mileage 6.13 Cf/Semnrs/Trng Hotel Meals/EEs Meals/Incl.N-EEs Parkg EE EE EE EE EE EE EE EEOr 7215 Office Supplies Employee Permance Recogntn Transportati Fleet st Moves/Adds/Changes 7233 Lease sts Postage Pressial Associati Dues Utility Associati Dues Dues Lobg Civic Political mmerce Dues Chamber Or Deduct Or Onle Inmati Services Or Elec Revenue N-Recoverable Recogniti Injuries Damages Social Service Dues Deduct rp Tickets Or Deduct

6 E2/GR Inmati Secti Volume Required Form Reccile 14 GAAP Envirmental Reserves 426 Investment Loss 83 Deferred mpensati 8302 Wealthop Loan Interest Property es Payroll es 9121 Federal N-Oper Income 48 FIN 0120 State N-Oper Income Oper Income N 9121 Federal 9120 State N-Oper Income 9221 Federal N-Oper Income Mnesota Op N Def 9220 InF1N48 Def Cr 9223 Federal N-Op Cr-MN.FIN48 N-Op Def 922 InF1N48 Def Cr 9223 Federal N-Op Cr-MNF1N48 N-Op 7/15/35 7/15/35-525% Def FMB FMB %Retail te-due42 Associated 25% Db Reacq 8622 Interest Interco Mey Pool 8621 mmercial Paper 8623 Cusmer Deposits 8625 Mcellaneous Int Credit Le Fees 860 AFDC Borrowed Funds 8641 AFDC Carryg Chgs Debt 8640 Pre-Funded AFUDC-Debt MN-Interdept Rev Bill MN Billed- Inrdprtmntl Xfrs Billed Rev-Serv Facility Billed Rev-mmodity Billed Rev-Dem Adjustments Rev Billed Billed Rev-Riders Serv Faci mmodity Dem Riders Rev Rev Rev Rev 5271 Firm Trans 5272 Firm Trans 5273 Firm Trans 5275 Firm Trans Subs-NSP NucI 58 Equity 6511 Purch -Dem System Electric Use Cr OM 7110 Mc Inc-Assoc mpanies Int 821 Associated 8622 Interest Productive Labor Labor Loadg NProductiv Labor Loadg-PensiK Labor Loadg-Insurance Reg Reg Reg Reg Reg Dam Inj Labor Loadg 71 Labor Load-Incentive License Fees Permits

7 E2/GR Volume Required Inmati Secti Form Reccile 14 GAAP Payroll es Assoc mpanies Inc nt 821 Associated 8622 Interest 48 FIN 9121 Federal N-Oper Income 9120 State N-Oper Income 9221 Federal N-Oper Income N-Op -Mnesota Def 9220 Prop Rev-FIRM Mkt 5158 Billed Unbilled Market Based Revenue Trans RghtsAuct F FTR Prop Capacity Rev BlId Prop Unbilled Prop Rev-Capacity Rev Or Elec JOA Purch Pwr-Prop Capacity ERCOT Adm/Ancillary Prop Tradg Pwr Pur Mkt Mkt 6335 Energy Tradg 7130 Csultg/Pr Svcs-Or Electric Futures Trans Adm Prop- MN 6390 Deferred Fuel Mcellaneous Nreg Revenues Productive Labor abor Loadg-NProductiv Labor Loadg PensiK Labor Loadg Insurance Dam nj Labor Loadg Labor Load-Incentive Reg Reg Reg Reg Reg Pensi N-Loadg Medical Insur-N Loadg Overtime Permance Sh Plan Restricted Sck Units Or mpensati Ctract Labor 7130 Csultg/Pr Svcs-Or Outside Vendor LT Ctract Outside Srvcs Cust C 7131 Csultg/Pr Svcs-Legal 7131 Csult/Legal Regulary Csultg/Pr Svcs-Acctg 710 Materials 7141 Prt/py-Or 7140 Prt/py-SEC Filgs 7143 Legal Or 7145 Equipment Matenance Hardw Matenance Hardw Purchases IT IT Stw Purchases purch lic 715 Stw term 7155 Stw Matenance

8 E2/GR Volume Required Inmati Secti Form Reccite 14 GAAP mmunicati Devices nal Network Voice Network lelecom Dtributed Systems Services Mat Dev App 7158 ASP 7159 Stw Airf Rental Car EE EE i/bus Mileage Cf/Semnrs/Trng Hotel Meals/EEs Meals/Incl.N-EEs Parkg Or EE EE EE EE EE EE EE EE Office Supplies 7217 Workce Adm Employee Permance Recogntn Recoverable Recogniti N Fleet st Transportati Moves/Adds/Changes Equipment Rental Equip Rental Cust C 7233 Lease sts 723 Postage Excess Liability Insurance Au Liab/Physical Damage Officers Insuran Direcrs Fiduciary Insurance Or Insurance Br/Image Advertg Pressial Associati Dues Electric Util Assoc Dues Utility Assoc Dues Dues Lobg Charitable Ctribut mmunity Spsorships mmerce Dues Chamber Direcrs Fees Shholder Related Social Service Dues Deduct-rp Tickets Or Deduct Bank Charges License Fees Permits Penalties 75 Shd Asset sts 7250 Or 7255 Onle Inmati Services Payroll es 76 Or es Cash Surrender Value OSB

9 E2/GR Volume Required Inmati Secti FIN Form Reccile 14 GAAP --Wea..hop.ash Surrender Mcellaneous Inc nt Deferred mpensati 8302 Wealthop Loan Interest 83 Wealthop Premium Associated 8622 Interest 8625 Mcellaneous 9121 Federal N-Oper Income Oper Income N 9120 State 9221 Federal N-Oper Income -Mnesota Op N Def 9220

10 i t Rpt Ate Rpt Ate rot For N For N 412 t as 999 no adl S3 S12 SOD unl One Oue at two as S SOS Eop SOb but t 0 Enp 508 t 0.0 SO S FRI 117 4n n The % 5 but S2S 535 t Pwr 536 2/GR Sectiort fl Voume Required Adjusted Ueadj Dollar crease 16W crease Exhibit Adjusted decrease decrease lanati CR6-i schedule 14 NSPM Le euceed % Ic euceed v-loll Mo S1 Le noseed 0-4.1% Le 1D evceed th account between 14 Sales volumes have creased be crease 16 which drives 10.1% GRIP reportg Asset Revenue Removal soot Account recorded purposes amounts Revenue elimated COSS purposes amounts Fuel Clause cluded 105 amounts R3S84 13S769S 16 th account between 14 Sales have decreased decrease Sales Volumes have decreased which drives Le more than RS881 LeS euceed -c-loll LeS eoceed S540S Tal column LeS LeS eoceed doded Porti reported with Euciuded Eocloded Eududed Eudoded Eududed Eududed Eucluded Eododed utility Eoduded mpany chose certa assets allowed return revenue credit LeS present se adluotments 031S LeS lumn Sigher Energy Soppiy labor costs decreases fset decreasg Le labor costs Overall S78S Fuel Ciause recovered through st Changes coiumo 13 Le 26.2% Adluetment nigoer Snerco ennirmeotai tees based Sce fees Unit euteoded outage previous years 14 costs were emsi output 12 operati partial years lower based based be which will full years 16 opposed 13 Le operati S37 SW Sigher Energy Supply labor costs decreases fset decreasg Le laborcosts Overall Le eoceed v-ids 0.4% S S also buildg Nicoliet driven Rent creases various Rent 5 based shirts between impacted Le organizati labor costs across shifts S th account budgeted th account budgeted Pane Le eoceed -i Le eoceedo Le ecceed Le 10 eocoed outage cost decreased Evpenses Nuclear Generati 14 Operar Licensg Class were cluded related 16 class graduati class 0i such time Le 35.0% eopennes have been budgeted ecceed v1d6 Le 55S ao buildg Nicoilet driven Rent creases various Rent 5 based shifts between impacted Le organieati labor costs across 21.9% shifts 12762SS D47397S aher Hydro decrease eopenses fset creases sometimes boohed budget related code Actuals actual work beg different codes dependg Le % de 06 th account budgeted 0.0% 04 actual COSS Porm Reccde 14 tteotrntias Revenue-Electric Residential Sales RevensEletvClSaleeSmall Sales Large Cl Revenue Electric Revenue-Electric Street highway Lightg Revenue-Electric Or Public Authorities Resale Revenue Electric Sales Revenue-Electric Soles terdepartmental Rate Refunds Revenue-Electric Provi Revenue-Electric Forfeited Dcounts Revenue-Electric Mcefaneuus Services Revenue-Electric Or Rusts Revenue-Electric Or Eictrcty Oths Ci Revenue fr Trnsm Revenue- Residential Revenue- Revenue- Sales irterdepartmentai Revenue- Forfeited Dcounts Revenue- Mcellaneous Service Rovenue-lransportrOrs Revenue- Or Rate Refund Revenue-Provi Ohers Revenue Plant Leased specified acct Revenue COSS Revenue Steam Operati Steam Operati Fuel Steam Operati Eopennes Steam Operati Electric s Steam Operati Mc Steve Power Stra Operati tents Steam Operati Supplies allowances Eupense Steam Operati Nciiear Operati Nuclear Fuel Nuclear olants Water Nuclear Steam Enpeose Nuclear Electric Nuclear Mc s Nuclear Rents Hydro Operati Flyd Oper Water

11 I R ar Opt Ann Opt Ann an 777 Eap Eop 538 bce Eop Den 539 bae % S bre end ard end she at 549 bce Eap so but The 556 far P ta t Dsp 18% an lhe tn far Dev ir far The TCR Volume Required mati Secti 14 actual COSS Reccile 14 Form is Adjusted ljnadj NSPM natal crease Doll decrease crease decrease lanati cose trots.lt S-6adiiid TV Adjusted Account Dascnntien 14 Increases expenses fset decrease aher Hydra related code Actuals budget sometimes booked different codes dependg actual work beg Hydro Hydraulic de le Increases expenses fset decrease aher Hydra related EEOC code Actuals budget sametimes booked different EEOC codes dependg actual work beg Hydra Electric de Increases expenses fset decrease aher Hydra related EEOC code Actuals budget sometimes booked different EEOC codes dependg actual work beg Hydra Mc Hydra Power % dane caiomn Hydra Operati Ports labor casts Higher Energy Supply affset decreases Or liereratian Operati Overall labar casts column decreasg Cast recovered Changes Euei through Or Fuel / Adlustment Lire Or benera creased wd matenance easement casts related Pleasant Valley operatial operatial courtenay operatial Or Power Dereralior driven Nicoilet also buildg impacted shifts between vanous Pert EERC5 based Or Rents / shifts laborcosts across Lire column organicatian st Euei recovered Chaoges through Purchased Power I Adjustment Lire decrease reduced Cammeroal labor Operat system Cartrol Load Dpatch 1339 Tatal column costs Eneroo Trado charges suspect reportg Or Power Supply s b43O % with implementati ransmsi costs decreased System Operat prrmaaiy lower ctracr costs driven completi system protecti engeerg compliance activities 14 shiftg budgeted 16 Work scope eapenses Transmsi Matenance stati Trans Operati Equipment le Trars Load Dpatchg th account Lire budgeted 23Tul column 5611 Load Reliability Tatai column % 62 0% 93 Le eoceed EEOC EEOC Le 09 Euel Clause euceed cr Eapeases Borders wd farms Rent creases Fuel Clause Le EERC cade IN REARCH Lire EERC account 2% 26 E5 Le euceed ctractsal creased Busess S/stem costs related fotg stw agreements creased dem creases replacement prolects enterpre system upgrades systems used support stw matenance requirg olal column Load lp Mir/Operate transmsi mirg operatg system Actual Budget expenses recorded different FEOC codes immaterial amourt 5614 Load lp Sch/r/Dp Solo ransmsiar iabnr casts creased pnmariiy support stud polity requirements system protecti Lire 5513 Load Trans Serv/Sch % 3.0% Le 1% 47 Di Le x.. es EEOC Order 10 travel costs Additial csultg ter regial planng regial planng requirements reduct partially fset competiti Th iecroase Le Le Le or accounts Actual different immaterial Actuals different Budget expenses recorded amount Budgeted recorded expenses codes EEOC Rel/Plar/Stardards 5616 Trans Service Studies 1763 codas SO lser Irrercorn Sdies Re/Plan/stards Devserv Lire substati csuitiag creased ransmsi boar compliance matenance requirements Th ircrease Le Le Le Le or EEOC accourts reduct % fset partially Eapense 1d2814d xffsets transmsi a costs decreased transmsi cstructi Th reducti ctracr casts partially with FEOC creased expenses different EEOC cndes Budget expenses recorded Actual immaterial amount 92 Traosmsian Budget cludirg RICO Charges S27 7S1142D Ors Trans Overhead Lire Trans underground Le Trans Statior Trans.Trans Removal Adlustment pralects removed through Electricity

12 15826 JGR Secti I Reccile 14 Form RIO ad fl n 566 Inc Inc n t 0.0 Mkt t 8.0 Cap 481 Mkt Mkt TCR Mbt 176 e two doe 71% two two so Eip Oit 582 lbs Evp Evp st The new sew two tal cap Uxe Dot 588 but Inc Dot Enp ln ft Volume Required Ce Adosted Unad Ce NSPM Tatal faercaex Eohibit_CRB-1 Dollar crease nted gog ensure Matenance work plan items crease ctas 22 matenance schedule preserved I Transmsi terchange expense recorded eopenses recorded OM 4434 or base v- 2Une 2650 Le Le Le Le Actual Budget expenses recorded different codes 148% immaterial amount 26cc Mt crease cremental headcount mmercial Power Operat real time traders 26cc th account th account budgeted budgeted Actuals Budgeted expenses recorded different codes Actual Budget expenses recorded different codes 81.3 immaterial amount Changes Transmsi Budget cludg RICO 12.4 removed through Removal Le protect Adiustent Actuals Budgeted expenses recorded different codes primarily Dtributi costs decreased Operat small ols 14 cremental mateda costs creased engeerg partially fset time purchases labor cost years annual merit creases Transm ssi Substati Operat Matenance labor costs decreased primarily shiftg 16 cxsts various or accounts Csultg costs reduced primarily completi system prutecti engeerg tx coiumn Tutal cxiumn Tutal cxixmn Txtai cxlumn Le Le 14 activities compliance years primarily Busess Systems cost creased annual labor merit creases ctractual labor creases stw matenance cost creases % hardw Transmsi substati matenance labor costs creased vacant merit creases fillg 3% annual years from work posit shiftg scope Incremental crease Pole specti Program that idennires priority l priority poles potential replacements ctracr costsl Dtnuti matenia costs creased Operat creased primarily underground matenance work zc rhangen 26cc Le s n2n23t vendor primarily ctracr costs creased System creased damage preventi ticket pncn creases volume assumpt 0% 7% Le -c-lt Dtributi Operat costs creased cremental meter sets based busess Labor assumpt costs creased primarily years annual merit Tutal column Le vacant posit creases fillg CIAC credit adtustment between revenue OM 14 Reversal Labnr crease driven booked correctly agast 16 annual merit creases 15 posit fillg vacant Pole Replacements ctracr cnsts Overhead Les based mal pole specti program which identifies need programmatically poles replacement Fleet costs creased creased base rates driven materials nature 29.9 busess fuel matenance Tutal column page Le also Nicoilet buildg driven Rent creases various Rent accoxnts shifts between impacted culumo page organizati labor costs across shifts 12.6% based Enpense Enciuded Eododed ecal COOS Account Dcsxripf Trans-Mc Trans Enpenses Trans Rents Operati supervi DARyMktAdm Adm 5753 Trans ghts MktAdm Adm 5755 Ancillary Sees Mirg/irpliance Fac/M/mp sees Regial Markets Rents Operati lt Opactchg lt Load Statiun Dt Overhead Le Underground Le Gt Street LightirgSignals Dt Meter s Cusmer stallati Di Mc Rents E5 Operati Iquified Petroleum Mioe Mc Producti Manuf Met Manuf Manuf Prod Rents Prod Or Prod Rents Prod Eotract Rents

13 I R Rnt ann Ret fop Gao 725 Ops fop 0 Gao Sos San 0th 103 OSO S7 Reg 8S Sos 871 1st 874 Reg Reg Reg Gao hoe % 497 as The Thi bad ble 904 Sne t CIP 923 or Ado 909 3S t % The In out rho nut 17 our 922 net The sot 63% % 16 Volume Required Inmati Secti 04lniedselFahihit enun se 50 erse eose eeso enso Inpeitse Go lnlud0d Included loduded loduded locloded Included locioded loduded l..ludd loduded 15as loduded loduded Included lapenso enso eose eoceed 8.17 eoceed 0- Le euceod 0- Le 4.17 loes billed coirmodity revenue percentage used debt eopeose 0.39% compd 16 budget which was0.37% anticipated 8.01% ratio year ooer year 14 various collecti based improvement from 14 rease partially fset decrease creased billod debt eopense itiat commodity 16 budget compd commodity revenues Used 14 eoceed th account budgeted Changes ecast level decrease Strategic mmunicat ctracr csultg costs beg budgeted nature worb beg bound Le Rate Case purposes Le Le permed rar than FIRC Wdsource Advertg removed Regulary treatment Gi 6% % 16 lcomic Devement Dat clusi creased from $ % $306 th account budgeted Le Le eoceed noceed 1- tal Xcel Inergy 16 budget primarily 14 actuals capital addit networb equipment capital addit agg replanog primly rd communicati capabilities hanoeg frastructure PPM assets addit capital FIRC also receivg larger credit Because many NSPM electric cost crease PERC whith fsets $13.7M Tal column change reld networh shd assets des-ease from 340% 14 actuals 16 budget Le 3.8% 11.8% Ones Pensi dcussed lirect Changes sts Testimy Le eoceed 0- eoceed 0- Le lees Pago Le euceed Le Richard Schrubbe Mr colu Dollar crease II OleTvaslussted Adlusted S1lRO Ilnad NSPM Ol4Ann g Sl S acal COOS Reccile 14 Form PERC Aocount Descripti Supply City Gate Purthase IR Po-h 5oppiy 8051 GaoSuppIyPGA Supply Purchased Withdrawn from Supply Srage Supply Delivered Srage Ga Credit used Or Utility SasSupplyorEop Srage-Purificati Srage-Othnr Srage Rent Srage-Operati Srage Labor Srage Othnr Fuel Strg Load lp rans Operati Trans System Ctrol Trans erprs Labor Trans-Mas Trans Moos Stati Trans Trans Ors SasTrans Or Fopenses Trans Reds lt Operati ls lt Load Dpatchg Mas lt Meas Stati lt Meas Stati Indust lt Meas Stati City lt Meters Regulars lt Cusmer Installat lt Or s lt Rents st Accts-Sopervi st Accts Meter Readg st Accts Records llecti Accounts st Accts UocOllect st Awls Mc ses st Serv Inniati stance As st Sets st st Serv Inm Instroct Sales lemo Sellg Sales-Adoertg Salaries Office Supplies AG AS AG-Adrri Transfer Credit Outside Service Property Insurance lolories larriages AG AG Benefits

14 /GR Ste R Opt Ann Opt Ann The r Pra at an use 929 n was 705 Eop The our our 922 The 931 net a e 4 it xis t S13 Lxi os tnn at at The 514 t umn xo 515 as 5 toe as nhe no duo as FEC n The Volume Required Secti 14 actual COGS Reccile 14 Form is 11 Adjusted Ce Unadj NSPM Dollar crease crease decrease Enplanati Eohibit_CRB-1 ft Adjusted decrease et Descripti costs have decreased $2755K Frnancioi Operat 14 rate case expense write $2 caused primarily change rth Dakota $13 Mnesota fset $2984K 16 budget crease $3701C cioded eopenses writef $1 expected additi regulary fees 450K Payments Nudear Generati decreased l related uncil Mdewakann Dakota Tnbal have shifted from ot site spent fuel $1450K were posted srage 14 actual cost also EERC 5K refiected $1 16 budgeted cost 28 Le 0506 Pagn crease reflect Regulary mmo AG creased company rporate Or cost decreased coiumn company owned facibts Le service used utility credits Dupi cafe Charge Credit Annual Adventig full amount reduced Regulary treatment Report AGGeneral Advertng % recoverable advertg eopense Le -ltpd Le or % Ones 3995 Mc General 14 actuals 16 budget primarily tal Xcel Energy network equipment addit addit capital capital th asset dass pnmaniiy tied repiacg agg frastructure communicati enhancg capabilities NSPM Because many NSPM electnc AG AG AG assets capitai addit also receivg larger credit cost crease $13.7M which fsets decrease from network shd assets change related 16 budget Paee Le axtuals Rants Operati Totai PERC Higher Energy Supply labor costs decreases lo fset Le olumn Tvl Le deixewg Puge lahcnrxcntn enail Mo Nu Sfnai EEOC labor cents decreases Higher Energy Sopply fset decreasg labor costs Overall Structures Steam Mat cuiumn Totai column Le Le Le Plant Roir S Sherco Sherco outage budgeted 16 higher than Electric Plant unit outage 14 fset crease Lnemicai costs However 14 actual chemical costs wnrn recorded costs driven shorter higher periods plant shut down time that results from planned sweek outage rar than fourteen wnek that outage Mc Plant L4% occurred 14 th account Steam Prod Plant budgeted Lower nuclear amortizati outage 16 expenses 50 Steam Maim Steam Mat icg plant were budgeted Kg AS Steam Mat Lien Le Le Le Steam Mot budget compd 14 actual outages E Prairie Isi scope which were amortized 14 Lower nuclear outage zati budget compd 14 actual Pafn larger 16 costs Mticei expenses costs Most 51.5 coiumn loan Mown nl ianger uvpe ierexve iiiunnvrtzxtn Mticello outages which were Prairie Isl Ouuooo 14 amortized w Structures actual costs Offsettg compd budget iower costs account th higher amortizati various or nuclear amortizati costs reflected outage cost creased accounts Nuclear Generati Nuclear Mat Nuclear Mzt budgetg mechanical matenance material costs 14 actual cents were while labor costs work type or accounts based recorded EEOC decreases fset crease Reacr Piant Equip accounts

15 I Oil TV Rot Ann as FEC 530 The Ste duo n regulary specti work regulary specti work S41 Ste 542 hoe Oes 543 Ste 796 io Inc 544 Ste hoe n 553 all n Ste 169 end at end at Sen umo co at Goo Ste Ste t CDL atd per Ste hoe OSe Ste 16 UULOOLIJLJ L.UULct Volume Required InmatI Secti lanati Eshibd4CRB1 Sohedole 14 actual costs Offsettg compd th amortizati budget higher account lower costs various or nuclear EEOC cost creased nootage amortizati costs reflected accounts Nuclear Generati budgetg mechanical matenance materral costs 14 actual costs were while FEOC labor costs work type or accounts based recorded EEOC decreases fset FEOC crease accounts 0% 30 outage cost decreased primanly Nuclear Generati 14 Ctract Sernicos decreased ced outages ce unanticipated labor decreased primarily related 14 Materials outages unantiopated sts also decreased primarily related In 14 ce outages budgeted additi Mechanical Matenance materrals Acals come throogh proper EEOC based type work Th decreese primarily fset decreases Lower nuclear outage amortizati bodget as16 14 actual cipad costs Most decrease emoetizati larger scope 13 Prao Isl Mticello which were amortized 14 Le Increases expenses fset decrease aher Hydro related FEOC code Actuals budget sometimes booked different FEOC codes dependg actual work beg de Increases expenses fset decrease aher Hydro related FEOC code Actuals budget sometimes booked different FEOC codes dependg actual Work beg de Increases expenses fset decrease aher Hydro related FEOC code Actuals budget sometimes booked different EEOC codes actual dependg work beg de manes expenses fset decrease aoor Hydro FEOC FEOC FEOC cxpnmu 37.8% outages % booked beg Actuals budget FEOC code EEOC codes 1346% creases eopenses fset decrease aher Hydro related EEOC code Actualo budget sometimes booked different EEOC codes dependg actual work beg de Lire Oerside shift labor costs between EEOC accounts based nature work between periods TOtal column 51.0 EEOC th plant down across labor costs Overall Pleasant Valley accounts Increased wd matenance costs related Borders wd farms becomg operatial 1 Le 15 bles warranty period expires 458% higher material matenance cost budgeted costs Energy Supply reflects decrease bles wd Gr Meadows work scope shift colomo 23 EEOC accounts cluded farms Offsets v-loft th account budgeted 0.0% Ctractg creased matenance substati Substati labor overtime equipment diem ctracr costs creased additial cost system mata NEOC bulk electric expansi compliance system creased apprenticeship ensure program compliance expg system perpetuate 2% knowledge highly skilled Oeiay Technicians Le eoceed codes codes Budget Budget amount expenses recorded expenses recorded different EEOC Actual Actual Immaterial ff Immaterial amount 87 colu 2814 actual CObb Becoile 14 EEOC Form Inoeme Statement Ca NSPM FEOC ljnadj Adjoeted Dollar crease Adiosted ldeoreaoel 86 AC0et flenteioe Electric Plant Nuclear Mat Mc Plant Nuclear Mat Engeerg lfSl Hydro Mat Supeiaiot Structures Hydro Mat Damn Waterways Hydro Mat Electric Plant Hydro Mat S Mc Plant Ilydro Hydro Mat Or Mat Structures Or Mat Eloctro Plaot S409 Or Mat Plant Mc Power Structures Or Mat Trans Mat Trans Mat Stati Equip Overhead Les Trans Mat Trans Mat Trans Mat 0888 Les Mc Trans Plant Trf

16 I Reccile 015 Ret Ann Ret Ann Oct 590 Dot Dot 592 Dot dun 595 ot it S Rag 482 fbi Reg Reg 8f9 Reg 890 Reg One 23% 13R % See 403 ROE Tar Ems 0th Db % % 3Sf Utd % 998 Inc 501 2/GR Secti rt Vouroe Requirod 14 actual COOS 14 EEOC Form Adjooted head Dollar crease Adiosted ldecreasel Eoplanati TO Desorieti EEOC PERC NGPM Le nocend S Mat Le 1 lotmaterialdollar amount Major Structures Mat Le noceed Stati Equip Mat Le euceed v-10u G18 Overhead Les Mat nocnnd c-10th Le Underground Les Mat lt or EEOC accounts shiftg Labor costs decreased work scope changes Materials costs decreased basnd corrective matenance eopncted reducti Le 1634 creased preventive matenance Live Transmers lt Mat eopected Dtributi Operat costs decreased based light street ctract outside vendor costs reducti Le matenance 2% Street Lights Signals Dt Mt different FEBC codes Budget eupenses recorded Actual Le 814% Immaterial an0t Meters Dt Mat fferent code Budget eopenses recorded Actual Le Immaterial amount 4% Mc Gt Plant Dt Mat Eocluded Structures Manuf-Mat Eupense Eocluded Equip Producti Mt Manuf Eoduded mpressi Stati Mtce Eopeose Eucluded Srage-Mt Eoduded Improve Structures Srage-Moot Eopeose Eucluded PuriRcati Equip Srage Mamnt 8434 Eoduded Liquefacti Equip Srage-Mt 8435 Eududed Oaporiag Equip Srage Mat 8436 Eupense Eoduded mpressor Equip Srage-Mt 8437 Eododed Equip Meas Srage Mt Eoduded Or Equip Srage-Mat Eupense Eududed Trans Mat Eoduded nt Mas Ma Trans Eucluded ntmprstn Equipt Ma Trans Eocluded Stati Meas Trans Mt Eucluded lt Mat mmunivatioss Equipt Included 697S42 Dt Mamtt Eosluded Mas lt Mat Evcluded Stati Mean Gt Mamnt Ga Eocluded 5522 SS22 dust Meas lt Mat Eocluded City Mean Gt Mat Eoduded Dt MatatServices Eoduded Regulars Meters lt Mat different EEOC codes Budget eupenses recorded 28 eoceed 0- AG AG Operatg Eupenses General Plant Actual Maiot Mat General Plant Matenance S4683 i4295s Perkett Direct ecast period Depreciati 32 Le Changes Testimy Depreciati -AI1O Le Le Rider Amerizati crease % Limited 4659 Or bolt Term 4227 Amortizati 4043 Amortiootioo Amortizati Amortizati G43S Plant Arty Amortizati 32 Le 29S8S Regulary Debits 32 Le Regulary Credits 43 Li Property Taves 18.6% Increase Taves Or than Income 44 Le G70452 Income Federal Utility Operatg Income 44 Le come State Utility Operatg Income 41 Le eoceed S289S Utility Deferred come Proo 41 be Credit Deterred come 4111 Proc 36 Le eoceed S Credit vestment unit op less than 4116 Ga from Dpositi Ublity unit op less than ty Dposal 4117 Loss 32 Le Ga from Dpositi Ems Allowances Dpositi Ems Allowances 4119 Loss Accreti Ors 41.2 Revenue from Plant Leased Ors Plant Leased S Operatiog s Operatg 48 Income S5059 Le S17 Operatg

17 Volume Required Inmati Secti R 4th R N 419 Perkett Direct See 51 SD Lee 861 t 999 N Le Lde Net Le Le Net Adjusted Unadj NSPM Dollar crease ldexeeasel S S iso.236.t79i 14 actual COSS Reccile 14 Farm Floaati 36S3474S S OSS SS Changes 10.6 Testimy 10.6% AFUDC ecast period S S36888 Accot Descripti Revenue from Morrh/Lohhmg Merche sts s Revenue from Utility Operat Utility Operat Subsidiary mpanies from 4181 Equity Earngs terest Dividend come 4191 AFUDC Vahd Operatg Income Mcellaneous 4211 Ga from Dpositi Utility operatg unit Or Income 4212 Loss from Dpositi Utility operatg unit 4261 Dat surance Penalties Civic Political 4264 enditures 4265 Or Induct Or Deduct 4082 Tases Or Income Deduct Or Income Deduct-Federal Or Income Deduct Or Income 4892 mme N0p Credit NOp Deferred come Deferred come Prov 4112 Prov Credit Or come Deduct lnvastment es Or come Deduct terest Term Debt Amortiaati Debt Dcot 4281 Amort Interest Dividend Lg Enpense Reacq Debt Loss Or terest Enpense Interest Charges AFUDC come

18 Reccile ar % 440 % all nos 902 all 445 foe % ill 0.0 ext % 1S% out 1.5 nut xci -c 1S% fnm N N Red adi 999 no 893 ext en 27% % SOD ext lls sni Oct t t 47% 505 4D S% t Doe Eop ext 27% ill t OWl S18 xot 37s ext OSO % cot % cot 14% O % % Pwr Hyd 536 2/DR Secti In Volume Required ssrease crease Doll decrease decrease Eoplanatioe TOTAL NSPM 18 Plan Year crease lanati eoceed 0-ill ecceed % Dollar crease S ll decrease c-ids eoceed -.--1O% v-ill eoceed n.lls x vdow 97D2 eoceed 1-ill 0.0% c-ill c-id Dues eoceed -i-loll c-ill eoceed c oxcood Duosecceed c v-ills S9D eoceed n-ills 1.2% Decoupled sales lodudes Decoupled sales adlustment cludes 18 Plan Year adjustment 17 Plan Year x-llls Do eoceed 1lOS 1- -c-iwo % c-ill Dxes 42 vill S35 SO -i--ir S229S v-ill 1.85 v-ills 3S2230S OOt iill i S2853 v-ills 134D9Di % 88S % x-illl c 0.llj o1ll4 -c-ill v-ill 1-illS Dxes iiwo ills Dxes 2.9% 1.9% OS OSS illS 0- c9cots Dccx 0soxtexcoed illO 1SSS vills actual CONS 14 Forte come Statement Account Descripti Revenue-Electric Residential Sales Sales Small Large Ci Reveoue-Electric Revenue-Electric il Sales Revenue-Electric Street Highway lightg Public Authorities Revenue Electric Or Resale Revenue-Electric Sales Revenue-Electric Interdepartmental Sales Rate Refunds 4491 Revenue-Electric Provi Revenue-Electric Forfeited Dcounts Revenue-Flectnic Mcellaneous See-ices Revenuo-Eiectric Or Rents Revenue-Electric Or Eictrcty Oths Cl Trosm Revenue Revenue- Residential Revenue- Revenue-Sac Interdepartmental Sales Revenue-lies Forfeited Dcounts Revenue-Sos Mcellaneous See-ice Ors Ohers Revenue- Transport Revenue-Sac Or Rate Refund Revenue-Provi 412Revetue Plant Leased acct spec Revenue COSS Revexue Steam Operatior lois Steam Operati Fuel Steam Operati s Steam Operati Electncetsex Steam Operati Mc Steam Power Steam Operati Rents Steam Operatixn Supplies ailxwences Steam Operatixo Nclar Opraxi Nuclear Fuel Nuclear olants Water Nuclear Steam Nuclear Electric Mc s Nuclear Nuclear Rents Hydno Operati Oper Water

19 ccx ia c-lsjz lx et Volume Required Inmati Secti i Reccile 14 Form is p Oem p 52% txp Sen ext S % % p % net 27% 561 sot Dwp 03% 03% 142 lii 0.3 cso 03% 010 out 93% 034 Dop Dcv % sot Sen csd % % axal COSS FERc Dollar creese Dollar crease crease Accouot flec-ietce decrease crease ldeceease Eitdanatien NSPM Plan Year ldeceeasol ldeeeeossel Feeleeeeiee Oxes x % 19 Hyriro Hydrauic Hydro Electric c-so % % Hydrx-Mosc Hydro Power Hydro Rents Operati 25 eoceed Or Seserati Operaten -0- citt % v-sds v-itts % Or Fuel % Or Senera s % % % Oxen Or Mc Power Generaten 0-50% 0- -1OS Or Rents Pxrchased Power % Ctrol Load System Dpatch % Or Power Supply s Oxen Trans Operati 0-0.0% c-ott c-so Trans Load Dwpatchg 0.0% c-sos c-lots 5611 Load Rehebihty Load c-sep / Ooes Diop Moor/Operate 3% 10 v-soy Load Dicp Trans Serv/Sch Sees Sch/Cxn/Diop 5614 Load % Rei/Pian/Stards % 3S 03 c-bs c-sep c-so % TrarsSorxceltxdies terc0 Sdoes Rei/Pian/Stards DevSerc Trans Staos SD v-so Trees Ocerhead Le Trans Underground le 0-2.4S 19 eoceed -c-ids Ors Electricity S 42 Trenc Trans 0-