ISItYM Budget Association Utility Dues ASSE AOOEOI SETSy doer. psoll. SOP-s l IIM.

Transcription

1 IIM smo 0v fya IV Aol -V PSI 05 IA 2016 Budget Associati Utility Dues ISItYM ASSE lf 00 AOOEOI SETSy doer psoll p1 SOP-s l

2 2010 EeC 2017 WW 2010 Chnr Conce Dues Obleot Account MOJuI Jur cues Jul FOss lodudsul Jeosdccjssl

3 cu vx cn co up 2016 Chbr Comneroe Does Oot Account OoucO5Occ juooccn

4 2017 E2018 ESC Jo Jv J fflk0 sdith.i Nbuo1BpIy LbbyIog Elec 060 o1o 2016 Chamr Crneroe Dueo Obiect A00000t I0 AIO0 Ed0 Cdbv MbflI Ithd7ñ 00

5 UNdO 06dM Au Ml 01 lieu 100 OVA ala ton 81 Al 11 StO OVA RN IV II r Chaaab Comroeroe A0000nt O881nOMOMn Include JuAedIcun.I labaral dM MIWIS9lYl

6 Expenses Research

7 E002/GR rrn States Power Compy Volume Required Inmati Secti Commsi Policy Inmati Research Expense Page Research Development Activities Summary NSPW Interchge Billgs net Elecric Jurdicti Nuclear NNucIear Total end at activities Th ctract expires RD n-nuclear related nually.3m $1 ctract with EPRI h Xcel Energy details th Schedule Page we see future years Plee same amount approximately ctract renew Compy expects future with EPRI cduct expect RD types representative activities with EPRI Th lt RD 2015 n-nuclear Compys

8 Net Net Net NFl Pig L NFl 99a aa3 303 FRI due oid a-s BVR cci es Big B\T RPV PRI try 1Ss die die 06a 265 a h Big BWR Big zmc c foe FRI FIB FRP 189 a02 thc mx ues PRI hid n E sen E cx itt ice sen pie PDT PDC os 725 NRC PDI PDI die \DF 5.1 w die die h 516 sen all crs ni FRI PSE cci i 426 PSE 411 PRI SIX cut rrn States Power Compy E002/GR Votume Requeed tnmah Secti ttt.4 Commsi Poticy tnmati Research Expense Page Electric Electric Electric Jurdicti Jurdicti Jurdicti 2016 Inteechge Interchge Interchge Busess Research 2018 Budget Budget NSPM 2017 Billgs Billgs Interchge Jurdictial Billgs Budget NSPM Title Desi-ripetu Group Area Allocar Allocar NSPW NSPM NSPW NSPW 06 SG It 2a 5Q Field Suppt Structural Integeits ssscssmeni \lgt 06 $90828 $359a $88183 hetp unities mata stei generar opcrabthtv throughout purpose $ dustry tu rupture ccd leaker outages cspecialt3 those lear Nu RYIP Materials \Igt RVIP 3a Internals Pr el sstdsvide unities diaxun ot oci rite program Rs operate boilg water reacrs $300 $2142 $ matenal sucs related BV focused primarily pressurex essels pipg operatg plts ternal cludg flucnce Nuclear water chemi QI Slateriats Reliability l.4a cditi Lncexoived qucs000s plt uncertaty about caffect niatenals Materials Rehabilip opcrabiliq reliabilip nucleacpowcr plts $222 $302 $216 sues that could affect$294 address idencifs en establhed Progcam \IRP Nuclear FPRI prcssunzed water reacr ty\xr plts mil compents Chenustry Technical Strategr Group cludes 7d Group /t Res iltec Res Filter Lc Technical Scratcgs Group st suppocts pracnce applicati chemtry additi matam optimal ctrol chemtcy parameters ough nual group meetgs elcctric repts newsletters filtr tectologics 1349 tlll59 $8186 $tl44 $ t b4 durny dusery alere memrs ga acccss dividual plt applicatis ldtlally tailed experience that extensixe data address cdensate mcmcs mataed Nucleac zc additi challenges tracr water trcnent memrship fundg teceed 2.la Fuel Releibilirt Pgram my addeesses by $ $1a $1441 $2020 $148 $196 specti program uicludnig failure root caue geneeic fuel rehiabthry estigatis related compents boundg cditis failed establh operatg margs Ia 7.lm Lxtcmat Flards Data Collecti $30900 $22708 Nuclear Nuclcar $ $190 $31 three ma functis Characteria \desteucnvc esaluatioti nuclear powet dusny requirements $ Nuclear compent specti $131 satfy regulary compeitt specti periodic cditi LPRI scrvmce $1 $ chiaractereze Ilat Permce Demstrati Jnitialn lb prusgrsmsi nsyld-u rag specimens nuclear plt compents ctag mata opetatual act-es ersight 7957 $5847 $819a $ dem trates time effecnveness defects meet ISOLE Code persnel specti procedures regular3 terface ensurnig complice with eequiremeitts Code regulatis suppt naal wk pl program cductg mequirements QI program enter strategic pl Nuclear LPRI accdce svitli FPRI advy tnieture regular repts NsL\C NOL\C Nuclear Mamtence \pplics Centet N\LSC establhed part ears \MAC ccentrated improve plt mamtence Through sy general mdustry eft senices that suppt mamtence supcrss crafts perss plners producg material $ $ $56493 stem engeers design enguteers trauig persnel N7eEAC materials compent engeers matence guide wkshops pros ided ices types groups Plt treated Nuclcar practical detail pectfic Cable Program Th pr 2a cditi allows fers improsed plt cable agg magement $7 cable unneeessaay by oids costs sessment practices $7 $5 eeplaeements prex cotn cable detcnatm that could result identificati Nuclear FItct through direct access safety Benefits reducti plt trip cable cditi mirg cable agg magement experts Nuclear Pl Permce Programs 2c $ $17 heat Exchger lermce P2EP Plt rmal $17201 $641 permce emihcen Nuclear SP

9 Net Net Net w Ihe use PRJ PRI air ni 914 foe are air Sic Its 609 T PSI ic ISO i ur 157 all c ihe ads die des ted ccl all dcx Des all ads die PRI c s PRI PRA HRA PRA EOO2IGR Required Inmati Volume Secti 8.4- Commsi Policy Inmati Research Expense Page Electric Electric Electric Jurdicti Jurdicti Jurdicti Interchge 2016 Interchge Interchge Interchge Jurdictial Billgs 2018 Budget Billgs 2017 Budget Billgs Allocar Allocar NSPW NSPM NSPW NSPM NSPW Budget NSPM t349 $24 82 $32 $30900 $22708 $31827 $ $ $11095 $16391 $15 $0450 $11354 $10927 $ $10 $10300 $7D69 $ s $20 $11813 $20 $14382 $19 $20600 $15139 $218 $0593 $2l85 $ $11845 $8705 $200 $8966 $66 $92M $46 $63 $li $61 $60000 $44093 $ $1 $111 $16974 $474 $ $b40 $1l34 $15914 $ll69 $16391 $04 rrn States Power Compy Research Area Busess Group Title Descripti allosv memrs itiated Tcsnng tardiaao SQURTS program Qualificati Reptg cree sociated data well efficiency costs nng te sh semic qualificati SQLRI enhced testg methodologies stardized procedures testg through srniac program operates usg generic semic testg respse spectrum stard functial stard rept mat testg procedures Nuclear lo cost Qs sf05 Permce Predn Medaodology ercroup MPLG Ic operated m testg DP situ design b differential pressure alterns protype raucli Institute EPRI M Operated False Permce Predicti Re Llectric Power valses PPMMO\1P\i stw sessg pros ides salidated capability QS butteifls gate glo differential cditis service iprrated design b flow both m \1OS Methodology thrust wider rque requiremsen sake commly found designs Nuclear IPRI establh nuclear dustry by Prevente slamtence B Data compeehens eft emdded b supptg recommendatis ir related my equipment a P\f credible preventive matence tks magement depth als functis allow matence Presrnnve \latence mati Reposiry PMIR msi enhcement Nuclear LPRI FPRI Pres enims Matence B Data PMBD ti ot Steam Feedwater Spplmc oacheca ORls.S sees Group CHUG steam feedsvater 55 group that deals with flow accelerated cro Il-TUG nuclear powerpits CHUG also addresses degradati heater dra systems types preferential weld attack cavitati flhng liquid droplet impgement example mechms susceptible systems SC affect Nuclear P101 that BPIG pros ides um Buried Pipe Integrity Group BPIG.b exchgg plt experience sesmerit mitigati technology ced buried pipe implementati upptg elops determe remag service life extg pipg alth sess Group actempts alternate materials service envirments qualifies elects situ repair buried pipg methods example high density polvedi1lenc water treatment cathodic protecti Nuclear FPRI desehopg EPRT stce Reliability My nuclear plt operars lie eeque IC 6.lb lc obsolescence focused mitag extg compents 1C magg programs lesss teamed exchge plt experience st practices provides um Nuclear EPRT Reliability pros modes PHOLNIX elopmrnt dopment tlus prolect suppt Phoenix Techmuologs Ia plt PFIOENI\ will tegrated rk prile eed rk ol that hazards pros ides operati effciently modes address multiple hazard log adxces rk ol that enables user mnterthce clude abuty multiple ols Additial plned capabilities nurrent need obviatg materials books remote equipment mirg devices aumated with specti elegradati matrices Nuclear trpi spsed tx GrouploCh 1050 Sppendn GOlHIC GOTI-IIC kdvi Ig used GO IOMS SI also known OP Package Ctament Anali bawd nie detailed multidimensial alys eir lumped parameter computatis Nuclear fool Users Group liar probabiltic rk sessment P10.5 fools Users group provides lb a rem HR sues cludg hum reliability alys current technical suppt that similar plts rk sessments differences ctributes signiflc1 Nuclear EPRI

10 Net Net Net ISO its OTt etc c-s dcx ci RIC eld $6a aim P1w die new 711 fot s few PRI fee die die f des rio uha 48a 194 all PRO Nit P96 Pi\ P94 die 198 s die ers die PRI rex PRI foe thc /OR rrn States Power Compy Volume Required Inmati Secti Commsi Policy Inmati Research Expense Page Electric Electric Electric Jurdicti Jurdicti Jurdicti Interchge Interchge Interchge 2016 Budget NSPM Research Busess Interchge Jurdictial Billgs 2018 Budget Billgs 2017 Budget Billgs NSPW NSPM NSPW NSPM NSPW Group Title Descripti Area Allocar Allocar 9001 Modular accident alys program \LSAP loclro Appendix ip Ii $la45o sesere accidents solvg accident ol aty that dustry tliatpredicts plt respses kd ly product $ $16391 $11 $1 34 $11 accident magement guidce eps ce melt chemicals side plt arious parts status cditi abates \uclcar FPRI Users Rehabthty Group probabiltic safety alyses $298 tr Ri 9001 QS Usc-es Gioup Rk Reliability $3288 $31 $22 $30 91 suppolts l7leetric Power Research Institutes EPRI ols used ill LG PS Nuclear P113 SC Semic Lxperience Bed Qualificau SQUG SFQU 7.1k Semic Qualificati utiiy Group $16372 $2294 $ $22 earthquake d $21630 $15896 experience Th oigizati uppts ctued dc-selopment applicati equipment Nuclear UPRI semic qualificati IX 56 ed 96 \VRIC 3a eldg Repair Technology Center Technology Cetiter Tlhe Repair nuclear power plt ctributg repair technologies develops advced materials omuig $66968 $ $634 $46389 program suppts cost sociated ssitti fault trees currently plts matence costs reduced opcrau plt ailabiluy utipro-t reduce technical teractis with code time regulars entities repair rule- technologies Nuclear FPRI implementg PR solsuig ftest oluti enge mirently 1RL\ llt.l\ $636a $4678 $6556 $ $4 $6180 It It sourer ailablr from typically reduces systems large models cspreiatls useful computer time mutes solutic time from m5 hour Nuclear Radiati \laiiagement/soucce Source term Technical Strategy Radiati Magement memr utihue $30385 tween LPRI technology ir enhce designed fern Strategy Group $23 $3223 $22 $31 $22 teracts ums wkshop expert si tce Such engagement helps plts take used ss learned will Ic plt Generic results it RD shelf Pitt elogment through research research Nuclear EPRI repts pgeam products extent Groundwater technical Stratgey Group nderstg 3b groundwater cmnaata decommsig impooetlnr evennith nuclear power plt 2007 nuclear mdustni committed implement groundwater mirg programs operatg decommsig nuclear ites power plt earls $21830 $30596 $23389 $32782 $28840 In site relee duruig operati decommsig $22 $4 $10 $29 $31 $21 $ Groundwater Protecti lnutiause PR at al nuclear p0-suer plt sites Intematial characterizati programs $30900 implementg groundwater protecti Nuclear Suppt Group lire Pi dl Ic lear FPRI he 7uac Res titer Group 16 Ph henustri echniral Il 6e Strategy Group cludes Zc Users Gup combati Zc Technical Strategy Group $13 $13081 $9613 $13473 $9901 sh Group Sccess Res filter filter Res pracuces group will enable plt chemt wk se technologies while buildg challenges sociated svith applicati previous years eft Nuclear UPRI $ $8 $8240 $6055 $8487 $6237 Group TGI.JG tur Generar Nuclear $8966 $ $ Implmmtau Digital la 2k PR Nuclear eft snill estihhsli qualified life Medium oliage Cable Submergence Oualthcati $24 $31827 $23389 $32782 medium -soliage cable startg 11Th ssith l-.ente sulati Okite Okoguard $30900 pk IC $22 $1 subttiergence added sulati will Nuclear IIPRI later date at program $ $ $1 Nuclear Total $ $49818 $ $873 $ $

11 EOO2ICaR rrn lateu Power Comparry Inrroalc red Requ 3- Volume Pohay lnrmab Crrne III 4- ReGI Reoeercl Eopernoe Page 5038 Cpate Net Net Net Operatg Interchge Jdtctial Compy Allocar Allocar Allocar 331 SOn rod at rod n foe Soc huh $13 N ro we no Rpm foe $10 IPI FPR SOs SIR r erd FRI cc Ia en $ $ $ Coo 836 cc ox n ce Sic $23 $33 80D God 800 n $ $ $40 ri aod 941 PRI rg c end mu iou nti mc 4Ro Tao foe ccl mc Si St 792 Six St let Electnc Electnc Etectnc Jurdicti Junodicti Junsd.cti Interchge Interchge Interchge 2015 Xcel Bdlgo NSPW 2018 Budget 2018 Budget Xeet Energy Bsthngs NSPM NSPW Xeet Energy NSPM NSPW 2017 Budget 2017 Budget Bdhog Bndget Budget NSPM Xcrt Energy Energy Bodget Title Detceiptu Research Bnocneo Area acoall foeaooooclrae $1 RD 10 El ooteaet nth hc RD Eocegc 2016 expire -slur Th routed acre eeecwcntccteippcvoomel omplecxpcc 15 ompao3 detach proved dr0000tm fotnee Icaci Oelou TOTAL 0000 l822 $ OOO 5192 $313 $1 $ $518 IF $1300 PRIro ierereoeleaerdactacctccxooirhlprl Nunleae ooduct eepect nuclear deco-c pe ncpeeencerave RD EPRI RD enraove level peen ocacued Elecr fune roth Joudrctaoer rope 03 $4109 $ $3 $ coed clelisg Bo neer ml Feogro88 oct10 xbntno ootnoh Progemo SCRo geam eneeaoa $ provides ooeena000 opeea100 aced pe lo 73 $6422 $ $l 49 $ $1 $1 Repa $173 3cLrer Fo henc ogeom Staten rice $ Prog 080p cro \la6erent ehnoogt $4 $35150 $ $4.836 $3ol $4 $ LPRI trabuted erchuxcu Poogam Energy $118 Re Di eecbuer Dc cecgr Dc tnbuo Pergearn l8oadeteahutc opl.mngdcego Onalcu tvduxrrhabcho \Lrnageoeer Pergra eogcrr Dc $ rocbnc Di Dc cpph ax Goad clodro cratc roaee leogram Codoenoo nacrilce arid mdcc rogrn l80j I0O 8101 noel 7cne i rage En ncrg go lo nos Overhead liar Irate 35 Lola iagcerrtoenhead rent us Ii prcor rognar ic Groxneg fte OtLigh gpcefrec $7 $189 o FPRI Lw raclrec App go ndde cnlnedrgr Te no 70034

12 IV Inmati Required Or

13 UOI48WJOJU 3J3J qn 4Ufl033y

14 E09210R Page rvi Fl 4 Eop I OrG 57 tal no arc Pla tsr Gpo nr Ia Co II no w nl ice 341 no ten Ma 368 nar t Tea art II nil ear Ma log 43 if In lar ar rt Ma Ma Ott Ru arc rn 974 In rt IMs no / II Our III rs cop rr Ms Mar mar no EnS i Mar IS Vs trca ye rrn States Power Mnesota cpati FERC account Electric by OM tjeadusted Fect POWER PRODUCTION EXPENSES Steam Power Generati ngie0109 Oprabr nals O2rrEope roes Power opes lo Mo pasi Mtr 2Alowa ng gieo Er Malrtrrarceupeilen trooturos Part trio En Maitenarn nieous Sar lart Marnar Mair rge Ma Tota Total Steam Power Generati Nuolear Power Generati nyupotrengnog teardw OrnEope loopers op lear Or 55 Operar Total MarIe Ergi enrio oprrv 5110 turn lart terarco Mailer ma 0111 el osnu rten Total Nuclear Power Generati Hydraulic Power GeneratI SE Surp Pp HJdr 09 itrr upearegr trrao 0005 yrrrrdwarrw lt Mart iuydru Mw rota Hydraulic Power Generati Or Power Generati Opa goig re nsuperu Furl rur Eopnr /erG ti 00 n006 el 55 Operar narc Super

15 CR 200 Page ro En 18 Dec tte o rot wet us Mt Mat Mar wet ha Org pat ado too TOTAL POWER PRODUCTION EXPENSES ate tad rvh oad v hi lao Sno it re ad no Ord It n ri Mat rle r Ma 00 o t Mat Ia ut try Ar Ado kel Ma rio g Opt tat er tr aod gra Ire Cu per Mo no rao pro 01 rrn States Power Mnesota cpati FERC account OM Electric Unadiusted Fect MtuethIt urns ti En Martenar Irnraogard th be Total Or power Generati Othnt Power Supply Eopenses I ardl yt Total Or Power Supply Eope0905 TRANSMS5ION EXPENSES prrrglrtg pt rus Mo pi dardc oldcp odes -2bardard DevServ1478 troopers Oup lerrterr bodes Tooth OybyOrs Eeperses Loopr go SrarsrrssotEe Trrr Mt Oerbs Oper 1110 tenar narr005 pvsrrrrrrrrg 4295 lures trot Equtpn Mart terrroluead do turd Iaoeoo Ttatt rarn MOtrra Marrteoa t13t TOTALTRANSMISSION REGIONAL MARKET 5751 heso DARTMklAdrrtt nrumkladsrrn MkIM rtg/ rrpl trair MakeIR Market To TOTAL REGIONAL MARKET DISTRIOOTION EXPENSES Opalr n4 17 troupntvct spat Load ooopn Eoperoc Lo Co 54 Lu Eopnrceo SysI10r dergru hisg IoEopenc pooe Matr nseroerrg ae

16 5802/OR Page 3013 Mr I e So Ma Cd M es rs tr te I Ma Ut ar ten INS pro Sr sa let IS Ac er coo 905 A en Eop end Sec MS SIX Sup 911 5t S oil ard Sr It 913 ro Eop I TI A cc 921 e 055 5dm Is Its Sen Cha ate opt OS Erp A All U0823S IIU N N1U UU ISU to no N SSO rrn States Power Mnesota cpati FERC account by OM Electric Unadiusted Fect nten ptre Ir qv StaS ac love MatnefndtgtUfld Trari tertar ntera Sy tloht good Sgna Maatenar Meters en Plt yrnote el IM 58 Ma TOTAL DISTRISUTION CUSTOMER ACCOUNTS EXPENSES opera Eopercec rr CI reel eaco oper Sr CUSTOMER ACCOUNTS EXPENSES TOTAL INFORMATIONAL EXPENSES CUSTOMER SERVICE percic usmer 5110 opnos rctru rtraial 09 ucctmer Setv card terra SnalEop Total TOTAL CUSTOMER SERVICE AINFORMATIONAL EXPENSES SALES EXPENSES pe00500 UEOP Oetn AdvetS OP000 SacS TOTAL SALES EXPENSES OENERAL EXPENSES ADMINISTRATIVE OperaS octal Italve 20 csuppl s CredO rses tarot 05 op 92 deetvestrplyed 1008/ c utetdoamau lard Employ 92 FtoliS Sequ Comm co operses ReXo ay Cd Eyer Advertes M50e eoo Genera RentS oar0010 retal Part Va Total GENERAL EXPENSES TOTAL ASMINISTATIVE Eopeeces GRA TOTAL

17 17 Expenses Employee Related subd Entertament 216B.16 Stat Mn

18 Employee Expense Rept Index Mn Stat 216B.16 subd 17 E002/GR vemr 2015 EER Schedule Travel Expenses EER Schedule 1A VP Above EER Schedule Meal Expenses EER Schedule Entertament Expenses EER Schedule Board Direcrs Compensati Expenses EER Schedule Top Ten Compensati EER Schedule 5A EER Schedule 5B EER Schedule SC EER Schedule 5D EER Schedule 5E EER Schedule SF Top Ten Expenses Benjam Fowke III Top Ten Expenses Teresa Madden Top Ten Expenses Kent Lars Top Ten Expenses David Sparby Top Ten Expenses Marv McDiel Top Ten Expenses Scott Wilensky EER Schedule 5G Top Ten Expenses TimothyJ OCn EER Schedule 5H Top Ten Expenses Judy Perl EER Schedule SI Top Ten Expenses Rt Palmer EER Schedule 5J Top Ten Expenses Darla Figoi EER EER EER EER Schedule Schedule Schedule Schedule Dues Gifts Aviati Lobbyg EER Schedule 10 PsPt Applicati Trsactis EER Schedule 11 PsPt-Nuclear Applicati Trsactis EER Schedule TIME Applicati Trsactis EER Summary Rept 2016 Test Year All EER Schedules cluded pdf mat dc enclosed with Volume In additi paper copy EER Summary Rept cluded Volume

19 EOO2IGR vemr 2015 Summary Rept EER 2016 Test Year N NSPM Adjusted State Utility Mnesota Comov Electric NSP State Lobbyg Direcrs NSPM Total NSPM Electric Leglated Mnesota Expense Reptg Requirements Mnesota Compy NSP 2016 Budget Expenditures eir Board cluded expenses that clude not do Categies Or All Xcel Energy Cpati Affiliates Lodgg Expenses Travel Travel Expense Lodgg Expense Mcelleous Travel Expense Beverage Expenses Food Meal Expenses Entertament Expenses Recreatial Exp Or Entertament Tickets Direcr Expenses Board Direcr Fees Direcr Expenses Memrships Dues Pressial Social Dues Gifts Rewards Recogniti Subtal Chartered Aircraft Owned Leed Aviati Expenses Cpate Lobbyg Expenses Civic Politcal Expense Categies All Totals

20 Credits Debits Deferred Assets Liabilities Regulary

21 E002/GR Volume Required Inmati Secti IV.3 Or Required Inmati rrn States Power Compy Regulary Assets Liabilities etc Page Regulary Assets Liabilities Deferred Debits Deferred Credits attached schedules clude all Compys Regulary Assets Regulary Liabilities Deferred Debits Deferred Credits Also cluded descriptis each set liability deferred debit credit alg with related Object Accounts FERC Accounts Balces Decemr Decemr Septemr schedules also clude dcussi regulary guidce relatg each set liability deferred debit credit se schedules provided accdce with Fdgs Fact Cclusis Law Order G002/GR Decemr 2010 Orderg Paragraph which states In all future rate ce filgs Xcel shall dclose if utility h elected rate recovery method alternative Federal Accountg Stards Board prouncement relice Statement Fcial Accountg Stards 71 Each se Accounts results from applicati ASC 980 Regulated Operatis merly FAS 71 accountg purposes se Accounts have en applied fcial reptg purposes descrid attached schedules effect applicati ASC 980 Regulated Operatis books recds Compy results recognized expense come statement g equal amounts that recovered those specific items rates same period In general extent that me deferred expense period th currently recognized it reflects situati which less g recovered rates th what would have we en recognized expense without applicati ASC 980 Regulated Operatis result regulary set which will recovered from ratepayers future Cversely extent that less deferred expense period th currently recognized it reflects situati which me g recovered rates result regulary which will returned liability ratepayers future specific ratemakg treatment numr regulary sets liabilities addressed specific regulary Orders that provide regulary guidce that Compy h relied establhg regulary sets liabilities schedules also clude references guidce Compy h relied establhment deferred balces

22

23 V.3 etc g Per use net CIP run DSM yet nut CIP w DSM g DSM w act DSM tsr DSM w NSP w end DSM DSM May set h DSM not CIP MOP MOP not h but h 109 FAS 9t6 t99 N/A FAS 109 vs mdl tax 192 pay 314 4b5 360 ASC fur TAO 031 TAO G 360 ASC tnd act due iv Dam e Uvf sos iv ASC 109 FAS 379 N/A PAS tax IRS tax a Ihe lax E002/GR Required Inmati Volume Or Required Inmati Secti Page rrn States Power Compy Regulary Assets Liabilities NSP-Mtnnesota Assets Schedule Regulary Balaace Balce RegulaxyApproval GAAP Clsificuti Evidence RegularyAsset Descripti NSPM Balce Csemati Energy Oblect Account Object Descripti numr FERC Account ID RegulatsryAssets electric operatg gross spend percentage ts reqsired 14-2e energy reducti energy cservali that prsgrams result Magement revenues Prograrr espenditures th accsunt deferred programs expenditures Mnessta Electric RA-Ola d e3130s account reflects balce made from cusmers electric recovery amtized mthly en recovered from cusmers expenditures that have amount Americ Recovery itially setup through grt from program Origally NSPM rth Dakota he f2-8t PU Coosemab Energy RA-Sic b t900 electdc spend 2M $2 recooer able Revestment n receive rth Dakota State to expenses compy would submit cusmers spend deter allowed In approved programs payment year 2011 four year amtizati recovery through rates which started February 2013 rth Dakota electric rate ce settlement agreement approved 20 balce rth Magerveot Programs e Dakota Electric e3f PU-i 2-81 ELI4-040 ELIS-515 that South Dakota program ELI4-S NSPM implemented Exeroy Programs Sooth ff501d PUC nual cost by approved Mvesota Covservatiov programs program similar to submit flg nually gng required $7756 NSPM at program limits PUC Dakota Electric through made from cusmers recovered recovery th account deferred enpenditures 2013 expensed mthly expenditures adlustment rider recovered from cusmers Expenditures account reflects balce Pargo envirmental cleup project Regulary Assets NSPM defer requested approval received nrder state -epresents iunsdicboval sh amounts bushed amount sociated with calculati deferred required come taxes rate recovery those taxes AFUDC Alluwce Pds Used Durg Cunslrucliun equity balce writ cree when me APUDC equity curred AFUDC equity reversg through book depreciati balce decree opposite should occur PU-i t ih account represents regulary set related RA Cleup rth Dakota request Activity sites date RegolaryAssets by Th account represents Plt AFDC br amouxt if Regulary Assets sht-term CWIP level gross South Dakota allows additial APUDC AFUDC s RA-03 2dtlOO RA amount capital related amount cost ensure that South Dakota ralepays by at Semice Plt In plt remag lives amtized over sht term CWIP by gross--t AFUDC rate multiplyg determed sht-tero CWIP added charges APUDC sht average term CWIP se evtnes booked quarterly South Dakota t962 Rate Ce 1362 used differences recognize Detweeo period costs sociated wrth set Regulary Assets Ch account RMO/ Urger by cost recovery allowed reptg under fociat retirement obligatis accumulated balce csts venous commsis RMO Drder63t RMO mthly accreti implementati at calculated depreciati accreti current mth te that account object depreciati from implemevtauuv account Nuclear Decommsig Nuclear Decommsig Deferred Taxes RA Asset Retirement Obligati- Electnc RA Asset Retirement Obligati RA-Og 24t240 Asset Retirement Obligati expected regulars that thih account vetted ger Unrealized Order 63iTAE Order 631.TAB Liocket RMO recovery se amounts ner Elextvc rate ce MPUC approved deferred accountg cost csider Regulary Assets Sherco years br amounts deterred over 2013 depreciati enpevse NSPM g amtizg ts Iv 3s Sherco Deterred Depreci Comm t5044i.7505 Regulary Assets required amount sociated with nnivu 2014 Th account shall used recd calculati excess accumulated deterred ocume Pri FlowThru Ctra 248t is RA RA Excess accumulated deferred come taxes mata requirement rates over time come lowerg result functn balce deterred tes Reducti previously provided rates hrical reduced over time will se hrical differences turn around

24 V.3 etc CPU eog Cpu CON w EPU $13 ect pro due vol CON EPU no CON CPU CPU s1n its its ev 34% t39 w w N/A 109 FAS N/A 034 t5a I/A 278 RDF lhe b ROF h RDP RDF RDF rho ees vur rye iv Iv w w w iv f RCR TCR ihe CON RES Iwo vol TBD TCR TCR Dec c E002/GR Required Inmati Volume Secti Or Required rrn States Power Inmal Compy Regulary Assets Liabilities Page NSP-Mnesota Assets Schedule Regulary Balce Balce ID GAAP Clsificati Evidence 9130/IS Descnpti MPUC grted NSPM /31114 /31113 RegularyAppreval Object Account Object Descripti numr FERC Account Balce P e44n loss 11 RA eel t Ccellati Regulary project Prairie Isl generatg 2009 In apprimately which $294 milli tal estimated cost plt milli Subsequently resource en curred cludg AFUDC MPUC that notityg were chges circumstces chge pl update design th prolect revis ecomic cost eshmates size bmg reved impact outages mati 01 estimated chges alys result NSPM As uprate project estimated nefit ndicated furr reductiun th project would nefit 20 ccluded that furr vestment ot prevent termati early Mnesota retail MPUC voted that unimously party cause MPUC sued der terivahvg years sn/h costs suer P requested recovery electric rate wdhout return Commerce recommended recovery over years Department return e.rthout recovery years rebuttal NSPM lv direct testimy ly return recommendati devhary heargs NSPM vourv fl 20 veer etical Reseme t2 RA Electnc Rate Ce 2013 der result As tetese Accumulated required -961 appruvimately over years cusmer amvmze etical Depreciatiun deviati from Sce th remag depreciati eupense bills accdgly life method it recd required solely ratemakg ol FERC remag balce Dec ublizg regulary set amtiznn electric rate ce 2014 part approved 50/30/20 method Nuclear Decommsicng t3 RA debited k rh accnuntwrll RegularyAssets chge Roternal Qualified gjj$$ed decommsig balce ga unrealized troternal Qualed Ctra Renewable Resource-Cosls Th Regulatury Assets Mnesota Statute 16C.779 NSPM fund Renewable requires Development nual fundg requirement account ct /RDF Renewable Resource Drawduwn r4-et RA grtsthathave en Grts account represents 178 RegulaturyAssets Incentive REPI Renewable Energy Product RD leglative mates power producti RDF i levemable Resource Sc MPUC RA Regulary Assets nder August receioen Junsdictioval admlraboe allocati leglatiue power NOr costs producti RD t5557e represent costs REPI Addibs mates awurtzatis represent vder recovenes Mnesota State Energy Policy Electnc RA Regulary Assets recover costs sociated designed electric Slate rider Energy Policy Wd Retability Admtrar State Prae lslavd Tubal wrfh Mnesota Sustaable Buildg Program recovery Integrati Study recovered rrum costs account represents balce fverrresuta g Mnesota electric rate ce th 01 elimati cusmers 2015 wvften balce Juary 2014 sells zero rate rider Trsmsi Cost Recovery 14-8ti RA Regulary Assets costs recovery prolec trsmsi allowed allows energy recovery le wh sn/h renewable trsmsi Rates d typically nually up costs broader current clsified sales Over recovered balces mthly b regulary set current clsified RA e1t tjuclear Decommsig- underrecovered balces Trynsiun Cost Recooery balce NSPMssh study Deferred Trsmsi Prolectn RA RegularyAssets Amtizati study prolect cluded sued th amount sell g ce ccluded study that trsmsi addibs were needed me renewable were necessary Badger Coslee Crid that system Is additis tween Twrn Cities Badger-Cuulee Dakot Cvd tween needed until currently ticipated project sell It Crosse La Mados at amurhzahun Period et PU Rider rth Dakota 21 NA Regulary Assets PSC PU request Regulary fled revenue requirements cluded yetih approved On/er

25 V.3 etc w not set w J J ELi Per w 336 IRA tao G G w Dec a g Feb 185 g iv not N/A G 133 FAS g its g g iv N/A C20 iv 823 C20 C2S w DIG w w FAS no ASC vet C20 N/A e 39b 823 iv N/A ASC t N/A 158 FAS iv iv ASC 106 no 715 ASC no ASC due Aid iv pay EOO2IGR-l Required Inmati Volume Secti Or Required Inmati rrn States Power Compy Regulary Assets Liabilities Page NSP-Mnnesota Assets Schedule Regulary Balce Balce Balce RegularyApproval GAAP ClsAca6- Evrdence RegularyAsset Descripti Object Account Object Descriphun numr FERC Account Regulary Assets implementlhe allowed 20 South Dakota retail electric rate ce NSPM As part Infrtructure Rider ID 22 RA capital projects dcrete costs recover specifically evaluated revenue rate ce revenue deficiency cluded les that Infrtructure nder cremental property zero rider rate 015 rolled tenm rates effective requirements were 015 effective 4..S electric rate ce Settlement Agreement terms capital dcrete costs recover specifically evaluated RA refreshed Infrtructure Rider 2015 rrroiects regolary Assets 2S14 OM nf fourth goarter fourth goarter 25 GUIC Rider GUIC Rider Costs were moed Costs were moved 0/ ct RA ewer/G Le Cfl Regulary Assets RegutaryAsse S by approved it Infrtructure Cost Ublity GUIC Rider petib Safety Deferral Utility Infrtructure Cost capitul-related cremental rider cludes recovery MPUC Rider RA-24 /43474 RA nS92 pipetne safety programs comply with pmoiect costs cred revenue renuimements oafety costs previously deferred sewer/g cvnfl st five-year amtizat additi 015 3ates went effect Sle State Eneray Policy-G Energy Policy rider designed recover costs sociated with RegotaryAssets Sustaable Buildg Goidetives Program Mnesota Reliability Admtrar State balce account future ch flowsfrom winch mitigates commodity fair value derivative July 2004 ct ir pipe replacement Rider recovery g recovered from cusmers costs errresevts RegutaryAssets mage variability Xcet Energy enters derivative struments Retail SSS RA RA operahs natural electric natural commodity prices cusmers Chges electric half chges price rk commsi approved regulary commodity recovery set regulary liability Th balce represents have liability positi re regulary approved fset future reflected struments place recovery mechm hedgg derivatives that Regulary Assets IO2SS3 Xcet calculated trsiti adjustment accdce wrth Derivative Implementati Guidce trsiti power purche agreements were marked fair value derivative struments Sce recovery eopected fset fair value adjustment set Decemr regulary liability 2005 XceI establhed that se ctracts qualified rmal Purche rmal Sale NPNS eccepfi under future MTtvl calculatis were csidered necessary denvutive set liability accounts were amtized over remag 33 requirements Amtized Mcelleous resufi Ctracts RA In Iv ree lyre codificati outstg lg-term ctracts usg straight live method Th balce represents term derivative liability that regulary set fset requires balce which RegularyAssels jurdicti When NSPM retail over/under collecti fset costs allocated Represents Deferred Fuel Costs RA Pensi Costs RA revenue reducti amounts recded over collected balce sheet jurdictis retail 01 regulary liability Regulary Assets costs clude qualified 715I 0-05 Smplvyers costs sociated wrth SPAS track used jhio account ti Or Postretirement Pls Defed Benefit Pensi Accountg accdce with SFAS refiree medical ecpenses calculated pensi nvvqualified pensi RA uf each rates recveered which S5 87ASC evidence that regulary treatment would curtailment/settlement SPAS applicable juosdictis se legal ensties re chge evidence that re writ SPAS set ents related probable that paragraph 71 ree under SFAS se costs RegularyAssets electricjurdics City der Mnesota retail Th accvovtcovt unpaid balce Uvdergrvvvd Surcharge CRFS RA that request Surcharge stard stallati facilities Facility encess Ctributi stallati special cremental cost facilities must it 36 cremental cost fact collecs CRFS program allows after Cstructi generally city Recovery periods directly from cusmers rar th from it less collects lmorlhs

26 5sf etc fur h pad pad Dec 3e h SOS w NSPM Dec N/A / FTB pay we aod N/A Low ffa See law net so Irs net 961 RAI Tao pa w tsr t lax tao RA2 182 aud f w Irs EOO2IGR Volume Required Inmati dhn States Power Compy Secti IV.3 Or Required Inmati Page Regulary Assets Liabilities NSP-Mnesota Regulary Assets Schedule Balce Balce Balce Fuel Srage Fuel Srage PU-1 EL48 Private Private ObjectAccount Object Descripti numr FERC Account /31/14 9/30/15 Descripti 34 LiP RA RegularyApproval GAAP Clsificati As by RegutaryAsset Evidence Th account holds Independent Spent Fuel Srage Installati project Private Regulary Assets en approved costs that PFS Fuel Srage rth Dakota 2007 electric rate ce NSPM /he 2010 part electric rate ce regulars/ recovery at at 72 As 013 PU amtize $ over electdcjurdrcti received approval As mths same level ctue NSPM received approval s/ 2013 by RA amtizati remag balce over year period amosze electric rate ce NSPM received approval endg Th account holds pyth costs Installati Srage project Private Fuel Srage regulars South Dakota electnc 2009 electric rate ce NSFM received approval 2016 NSPMs rnvestmect lodepeodent Spent Fuel Regulary Assets keen approved recovery that at As 72-04e EL PFS jurdicti pars part u/ amtize $1010 In mths ooer 20 electric rate ces NSPM received approval/u ctue 2011 same amothzatioo level EL electnc rate ce 20t4 In amtize average permitted over three years ends unamo twtunce Lee rmalizati Deterred Nuclear Outage Costs RA Traosssi Fmula 35 RA Th account t2 straight lg 0/lee payments track used PPAs required under GAAP RegolaryAssets actually 85-3 versus what Maoka Energy Center capacity paymeots nmalizati DC-27 currently cluded Casc F0110 crespdg liability k RA Sooth Dakota retail Mnesota rth Dakota ReguleryAssels RegulalyAssets jurdictial sh costs u/route nuclear refuelg outages at g deterred mths enpected period tween outages generally amtized over As received from cusmers amounts that will Represents True-up true op/acr OOder trsssr Regulary Assets mula rates aod/ardibcounts Income Dcounts Elec RA Descripti tg Compy must provide eligible cusmers with bill payment stce Regulary Assets Under Mnesota s ir electric semice 961 Whenever E-002/GR 552/M / amount dbursed from that fund amount billed program evceeds set positi fund program If se accounts 2f booked RL balce will booked liability positi program MPUC authized s 1479 resotary liability In As Wdsvurce Tracker Mnesota retail electric rate ce establhment Wdsource tracker retroactive balce 01 Juary 2011 difference tween Wdsource revenues represents enpenses EL Prope NSPMs 2014 retail rate ce /he settlement agreement RegularyAssets South Dakota Poet Clause Rider lguage EL calleckoo a/ad modified allow NSPM will calculate nually 25 CL 49-34A by permreed vm laoes difference propty laces tvrect amnot tween amount iocludea curr0n/ atnndar pear arrd rates plus true-up recded compd/a that years ect pn year actual propem mthly fuel clause calculatis clude 1//ha/th difference with amount/or each true up/ accrual which cludes year would reflect that years propem pri years that year paid voices receroed properly sprg Electric Vehicle Tariff electric vehicle semice tariff 5055 NORM fers tariff feru dcounts Regulary Assets electric vehicles ossers deferral 0/marketg peak battery chargg at part approved promoti costs recovered through future tariff cts wilt ticipated that electric rate ce

27 826 etc CIP 291 DSM Ola G CIP DSM Sib G CIP DSM 109 FAS ITC Tax 109 ITC 109 FAS Tax lax re ice has IRS tax Tax tax FAS wit t ITC tax ihe ARO TAB vs Acc Nuc w 143 ARO ihe ASC T54 Ihe w DOE 5th 4th 3rd DOE BNY ANY N N E002/GR-15 Volume Required Inmati Secti tv.3 Or Required tnmati Page rrn Staten Power Compy Regulary Assets Liabitities NSP-Mnesota Regulary Liabilities Schedule Balce 007 Balce Regulary Liability GAAP Clsificati 9/30/15 Descripti /31/14 /31/13 Balce Object Account Object Descnpti FERC Account ID Regulary Liabilities Electric Rider Mnesota Mnesota Over-collecti / Cservati Over-collecti Programs Mnesota Electric Regulary Liabilities Rider RL RL Cservati Programs Mnesota Natural EL Regulary Liabilities Electric Rider Over-collecti /he South Dakota RL-Oid Cservati Programs South Dakota Electric Regulary Liabilities Regulary Liabilities amount sociated ruth required 740 ASC recd Credit used ib account Pretax Rate Up Gross RL balce Reducti th balce functi reversal those amounts over time required amount sociated ruth ITC deferred vestment 740 ASC 40 Levels-FAS follows emlizati 740 ABC recd used Th accounl shalt Rates- Collected Deferred ixxcess accumulated deferred excess accumulated deferrea come calculati tast rates over time come werg ncome taxes a result Rates- Collected Deferred RL RL deferred taxes previously provided rates mata hrical se hrical differences turn-around functi balce requirement Reducti 740 ASC 109- Ctra reduced over time reserve potential refunds cusmers deferred Regulary Liabilities set related th purpose account nal nucleardecommsig regulary set with Regulary Liabilities nuclear decommsig unrealized ga/loss der properly present set balce sheet GAAP purooses RMO7-7 Order Th account establhed recd difference Regulary Liabilities decommsig recded rate-makg purposes recded fcial reptg under Statement Fcial Accountg Stard Accountg Asset Retirement Obligatis SPAS balce accounl csts regulary approved nuclear decommsig costs accumulated po implementati SFAS book used Th account rth Dakota Wd Farm proiects RL Reserve 2402 Asset Retirement Obligati Ctra Depr Pre-ARO 06 RL penod costs sociated ruth RL Accumulated Depreciali-Pre Nuclear 410 0/ gog mthly regulary accrual th accounl represents settlement ruth Ia Regulary Liabilities Energy Department balce 8313 Nuclear DOE Wlls Fargo pndg refund special terest 54arg account deposild Weute Settlement RL-08a Settlements refund that jurdictial pti at excess th balce represenls majity electric rate ce 2014 rate mitigati pl part g utilized Decemr 2014 Th mey nell received fifth payment talg $32.8M rnooy Mnesota electnc rate cos 20 rth Dakota rate mitigati used South Dakota electric jurdicti Applicable dochets costumers refunded PU Dockels GF Regulary Liabilities Mnesota retail sh jurdictial trsfer Represents Settlement nuclear decommsig fund Decommsig settlement payment se settlements w placed RL-08b NSPMs triennial nuclear decommsi filg MPUCs approval charge need decommsig accrual thus elimatg fund used d up amount will Dockelsil-939 cusmers Applicable dockets Regulary Liabilities trust ruth external qualified funds held vestments $ Recd unrealized g Mell Bk Nuclear Decommoig-Adjust Market Qualihed Nuclear Decommsig-Adjust RL RL Market Qualified Ctra trust ruth Regulary Liabilities external n-qualified funds held vestments Recd unrealized g Nuclear Decommsig Adjust Mell Bk Market Qualified RL-i Nuclear Decommsig-Adjust Market Qualified Ctra Ii RL

28 V.3 etc w w w FAS 816 ASC MTM C20 has 133 g its g FCA FCA TCR TCR RES RES TCR TCR RDF RDF ver G SEP G SEP FPA EPA w EPA Ike EPA ow 925 $32 Dec EOO2IGR Required Inmati Volume Secti Or Required Inmati Regulary Assets Liabilities Page Balce Balce Balce 9/30/15 131/13 /31114 GAAP Clsificati Regulary Liability Descripti accdce with Account 2003 Xcel calculated trsiti adjustment In Regulary Liabilities requirements 20 DIG Denvve Implementati Guidce trsiti result 2003 derivative struments fair value power purche agreements were marked fair value adjustment fset expected Sce recovery regulary set Decemr 2005 XceI establhed that se ctracts qualihed In rmal liability Purche rmal Sale NPNS excepti under 133 pre-codificati calculatis were Csidered necessary future no ree derivative set ctracts usg remag term liability accounts were lo amtized over balce which outstg sht-term straight-te method Th balce represents requires regulary liability fset derivative set that Xcet Energy enters derivative struments mage variability 30 future ch flows from Regulary Liabilities natural electric commodity pnces chges operatis which mitigates cusmers Chges natural electric half commodity pnce rk fair value if reflected denvve struments commsi re liability regulary set place Th balce represents approved regulary recovery mechm regulary set positi commodity electric hedgg denvatives that fset have cusmers refunded over collected deferred unbilled electric costs Represents Under Regulary Liabilities current regulary set RA-30 recded collected balces South Dakota allows carryg charge Regulary Liabilities balce over/under collected ELI s EL EL ELI5-030 Regulary Liabilities Rider Over-collecti Regulary Liabilities Rider Over-collecti s Regulary Liabilities Rider Over-collecti Rider Over collecti Regulary Liabilities EL14-05a Infrtructure rider collecti tegulary Liabilities Rider Over-collecti Regulary Liabilities emsi allowces sates proceeds applicable Regulary Liabilities Mnesota jurdicti pti th account represent proceeds received from -961 Additis nual aucti emsi allowces sales proceeds applicable pti Regulary Liabilities rth Dakota jurdicti th account represent proceeds received from PU- Additis 813 nual cusmers four year those proceeds amtizatis return aucs electric rate ce settlement 2013 cluded amtizati agreement Additis nual th account represent proceeds received from aucti Regulary Liabilities nual South Dakota jurdicti pti 0/emsi allowces sates proceeds applicable th account represent proceeds received from EL-046 Additis aucti cusmers Current proceeds amtizatis return 0/those proceeds South Dakota Fuel Clause Adjustment retumed through Under Mnesota law Compy must provide eligible cusmers with bitt payment Regulary Liabilities ir electnc sersice s E-002/M /M-94 stce / dcounts E-002/M /M electnc rate 2013 In 961 E-002/GR- PowerON program ce fundg milli additial MPUC approved over recovered balce under that balce here represents 2013 effective rrn States Power Compy NSP-Mnesota Regulary Liabilities Schedule ID Object Account Object Descripti EERC Amt RL-Mc Electric ASC Geferred Fuel.._ Carryg Charge Rider NSPM Rider Over Recoveries Rider Over-Recoveries Rider Over-Recoveries Infrtructure Rider Rider Over Recoveries Emsi Allowce Emsi Allowce Emsi Allowce Income Dcounts Electric