1. SMMPA Attachment O 2017 Annual Meeting
Transmission Formula Rate Update
August 17, 2017

2. Background
SMMPA is a not-for-profit, political subdivision of the State of Minnesota
SMMPA supplies power to its 18 member municipal utilities
SMMPA is governed by its members
Seven member board of directors
For more information on SMMPA and its members visit SMMPA’s website at:

3. Background Attachment O
SMMPA became a Transmission Owning member of MISO April 1, 2006
As a Transmission Owner (TO) SMMPA must annually establish rates for open access use of its transmission assets
SMMPA filed with FERC in 2006 for its own Cash Flow Attachment O historical template
SMMPA utilizes the Cash Flow Attachment O historical template approved by FERC based on data from EIA 412w

4. Attachment O Timeline
June 1st, 2017 publish Attachment O and supporting documentation based on calendar year 2016 actual data
September 1st, 2017 deadline to hold annual stakeholders meeting on formula rate update
December 1st, 2017 deadline for interested parties to submit information requests
January 10th, 2018 deadline for TO to respond information requests
January 31st, 2018 deadline for interested parties to submit informal challenges
February 28th, 2018 deadline for TO to respond to informal challenges
March 15, 2018 submit informational filing to FERC
March 31, 2018 deadline for interested parties to submit formal challenge to FERC

5. 2016 Attachment O Summary Transmission plant $180,370,431
Intangible – Direct Transmission $ 19,461,271
Transmission Revenue Requirements:
Operation & Maintenance $ 6,724,588
Debt Service $ 24,606,983
Other Taxes $ 2,122,087
Margin Requirement $ 4,484,574
Attachment GG Revenue Credits ($ 6,859,248)
Revenue Credits ($ 2,028,241)
Net Revenue Requirements $ 29,050,743
Transmission Rate $3.051/kW-month

6. Historical Comparison
2015 Actual Actual
Transmission plant $143,348,606 $180,370,431
Intangible – Direct Transmission $ 19,461,271 $ 19,461,271
Transmission Revenue Requirements:
Operation & Maintenance $ 6,151,589 $ 6,724,588
Debt Service $ 20,257,351 $ 24,606,983
Other Taxes $ 2,102,801 $ 2,122,087
Margin Requirement $ 3,662,931 $ 4,484,574
Attachment GG Revenue Credits ($ 6,513,859) ($ 6,859,248)
Revenue Credits ($ 1,739,050) ($ 2,028,241)
Net Revenue Requirements $ 23,921,763 $ 29,050,743
Transmission Rate $2.897/kW/Mo $3.051/kW/Mo

7. 2016 Net Revenue Requirements 2017 Rates for MISO Pricing Zones
SMMPA has transmission assets and load in 4 different pricing zones in MISO
SMMPA has entered into Joint Pricing Zone Agreements with GRE, ITCM and Xcel which have been filed at FERC
GRE pricing zone - SMMPA has revenue requirements of $1,461,629 and a load of MWs
ITCM pricing zone – SMMPA has revenue requirements of $3,327,850 and a load of MWs
SMMPA/DPC pricing zone – SMMPA has revenue requirements of $8,302,501 and a load of MWs – there was a load reduction of MWs for inclusion in RPU’s Attachment O load
Xcel pricing zone – SMMPA has revenue requirements of $15,958,763 and a load of MWs

8. Contact Information
John Winter
Laura Sandwick
Richard Hettwer
MISO Attachment O Rate Data Webpage:
ta.aspx