1. SMMPA Attachment O 2016 Annual Meeting
Transmission Formula Rate Update
August 18, 2016

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
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 412

4. Attachment O Timeline
June 1st, 2016 publish Attachment O and supporting documentation based on calendar year 2015 actual data
September 1st, 2016 deadline to hold annual stakeholders meeting on formula rate update
December 1st, 2016 deadline for interested parties to submit information requests
January 10th, 2017 deadline for TO to respond information requests
January 31st, 2017 deadline for interested parties to submit informal challenges

5. Attachment O Timeline Continued
February 28th, 2017 deadline for TO to respond to informal challenges
March 15, 2017 submit informational filing to FERC
March 31, 2017 deadline for interested parties to submit formal challenge to FERC

6. 2015 Attachment O Summary Transmission plant $143,348,606
Intangible – Direct Transmission $ 19,461,271
Transmission Revenue Requirements:
Operation & Maintenance $ 6,151,589
Debt Service $ 20,257,350
Other Taxes $ 2,102,801
Margin Requirement $ 3,662,931
Attachment GG Revenue Credits ($ 6,513,859)
Revenue Credits ($ 1,739,050)
Net Revenue Requirements $ 23,921,763
Transmission Rate $7.895/kW-month

7. Historical Comparison
2014 Actual Actual
Transmission plant $117,924,226 $143,348,606
Intangible – Direct Transmission $ 32,047,312 $ 19,461,271
Transmission Revenue Requirements:
Operation & Maintenance $ 5,754,152 $ 6,151,589
Debt Service $ 18,791,748 $ 20,257,350
Other Taxes $ 1,843,295 $ 2,102,801
Margin Requirement $ 3,397,033 $ 3,662,931
Attachment GG Revenue Credits ($ 1,260,782) ($ 6,513,859)
Revenue Credits ($ 1,711,011) ($ 1,739,050)
Net Revenue Requirements $ 26,814,435 $ 23,921,763
Transmission Rate $5.105/kW-month $7.895/kW-month

8. 2015 Net Revenue Requirements Per MISO Pricing Zone
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 $1,555,530 and a load of MWs
ITCM pricing zone – SMMPA has revenue requirements of $3,541,644 and a load of MWs
SMMPA/DPC pricing zone – SMMPA has revenue requirements of $7,680,154 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 $11,144,434 and a load of MWs

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