1. SMMPA Attachment O 2018 Annual Meeting
Transmission Formula Rate Update
August 24, 2018

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
FERC approved SMMPA’s cash flow Attachment O historical template in 2006
SMMPA utilizes the Cash Flow Attachment O historical template approved by FERC based on data from EIA 412

4. Attachment O Timeline
June 1st, 2018 publish Attachment O and supporting documentation based on calendar year 2017 actual data
September 1st, 2018 deadline to hold annual stakeholders meeting on formula rate update
December 1st, 2018 deadline for interested parties to submit information requests
January 10th, 2019 deadline for TO to respond information requests
January 31st, 2019 deadline for interested parties to submit informal challenges
February 28th, 2019 deadline for TO to respond to informal challenges
March 15, 2019 submit informational filing to FERC
March 31, 2019 deadline for interested parties to submit formal challenge to FERC

5. 2017 Attachment O Summary Transmission plant $182,846,785
Intangible – Direct Transmission $ 19,461,271
Transmission Revenue Requirements:
Operation & Maintenance $ 7,743,512
Debt Service $ 25,319,006
Other Taxes $ 3,253,587
Margin Requirement $ 4,592,676
Attachment GG Revenue Credits ($ 7,648,713)
Revenue Credits ($ 2,554,578)
Net Revenue Requirements $ 30,705,490
Transmission Rate $3.584/kW-month

6. Historical Comparison
2016 Actual Actual
Transmission plant $180,370,431 $182,846,785
Intangible – Direct Transmission $ 19,461,271 $ 19,461,271
Transmission Revenue Requirements:
Operation & Maintenance $ 6,724,588 $ 7,743,512
Debt Service $ 24,606,983 $ 25,319,006
Other Taxes $ 2,122,087 $ 3,253,587
Margin Requirement $ 4,484,574 $ 4,592,676
Attachment GG Revenue Credits ($ 6,859,248) ($ 7,648,713)
Revenue Credits ($ 2,028,241) ($ 2,554,578)
Net Revenue Requirements $ 29,050,743 $ 30,705,490
Transmission Rate $3.051/kW/Mo $3.584/kW/Mo

7. 2017 Net Revenue Requirements 2018 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 $1,535,038 and a load of MWs
ITCM pricing zone – SMMPA has revenue requirements of $3,611,911 and a load of MWs
SMMPA/DPC pricing zone – SMMPA has revenue requirements of $8,724,491 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 $16,834,049 and a load of MWs

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