PUC-88-008-RL

                                                                7-2500-2027-2

                                                                E-002/GR-87-670

 

 

                                    STATE OF MINNESOTA

                           OFFICE OF ADMINISTRATIVE HEARINGS

 

                          FOR   THE   PUBLIC   UTILITIES   COMMISSION

 

 

In the Matter of the Petition

of Northern States Power Company                                 FINDINGS OF FACT

(NSP) for Authority to Increase                                  CONCLUSIONS AND

Its Rates for Electric Service                                   RECOMMENDED ORDER

in Minnesota

 

 

     The above-captioned matter came on for evidentiary hearings before

Administrative Law Judge Richard C. Luis at the Large Hearing Room of the

Public Utilities Commission, 780 American Center Building, St. Paul, Minnesota

on April 5-8, April 11 and April 12, 1988.  The record in this matter closed

on June 17, 1988.

 

     Public Hearings for the purpose of receiving the comments and questions of

affected ratepayers were held as follows (persons attending) (public witnesses

testifying):

 

                       March 14--Bloomington            (20)        (3)

 

                       March 15 -Winona                 (19)        (3)

 

                       March 16 -Mankato                (19)        (2)

 

                       March 17--Minneapolis            (37)        (7)

                       (afternoon)

 

                       March 17--Brooklyn Park          (17)        (1)

                       (evening)

 

                       March 21--St.  Paul               (25)        (5)

                       (afternoon)

 

                       March 21--St.  Paul               (19)        (3)

                       (evening)

 

                       March 22--Pipestone              (13)        (2)

 

                       March 23--St.  Cloud              (21)        (3)

 

     Commissioner Peterson attended the       meetings in Bloomington and Mankato,

Commissioner McKanna attended in Winona and St. Paul (evening), and

Commissioner Kitlinski attended in Minneapolis,          Brooklyn Park and St. Paul

(afternoon).   Commission staff personnel attended in all locations but

Pipestone.   The Office of Attorney General had counsel present at all

 


Metropolitan Area hearings and the Department of  Public  Service  had  personnel

at all the public hearings.  Counsel and staff personnel attended all public

hearings on behalf of NSP.

 

     Appearances at the evidentiary hearing were  as  follows:  David  A.  Lawrence

and David M. Sparby, Northern States Power Company, 414 Nicollet Mall,

Minneapolis, Minnesota 55401, on behalf of NSP;  Michael  J.  Bradley,  Assistant

Attorney General, 340 Bremer Tower, 7th Place and  Minnesota  Street,  St.  Paul,

Minnesota 55101, on behalf of Hubert H. Humphrey,  111,  Attorney  General  of

Minnesota (OAG); Ann M. Seha, Special Assistant Attorney General, 200

Lafayette Park Building, 520 Lafayette Road, St. Paul, Minnesota 55155, Joan

C. Peterson and Mary Jo Murray, Special Assistant Attorneys General, 1100

Bremer Tower, 7th Place and Minnesota Street, St.  Paul,  Minnesota  55101,  on

behalf of the Minnesota Department of Public  Service  (DPS);  Thomas  J.  Weyandt,

Assistant City Attorney, 647 City Hall, St. Paul,  Minnesota  55102  on  behalf  of

the City of St. Paul and the St. Paul Board of Water Commissi oners (St.  Pau  I);

William E. Flynn and David Sasseville, Lindquist &  Vennum,  4200  IDS  Center,  80

South Eighth Street, Minneapolis, Minnesota 55402-2205 for the St. Paul area

Chamber of Commerce (Chamber); Glenn E.  Purdue,  LeFevere,  Lefler,  Kennedy,

O'Brien and Drawz, 2200 First Bank Place  West,  Minneapolis,  Minnesota  55402

for the Suburban Rate Authority (Suburban); William Mahlum and Christina

Stalker, 2222 North Central Life Tower, St. Paul,  Minnesota  55101  on  behalf  of

District Heating Development Company, d/b/a District  Energy  of  St.  Paul

(District Heating); Peggy Wells Dobbins, 915 Aduana Avenue, Coral Gables,

Florida 33146, on behalf of Champion  International  (Champion);  Byron  E.

Starns, Leonard Street and Deinard, 100 South  Fifth  Street,  Suite  1500,

Minneapolis, Minnesota 55402 for  the  Metalcasters  of  Minnesota  (Metalcasters);

Elmer W. Scott, 190 Iris Park Place, 1885 University  Avenue  West,  St.  Paul,

Minnesota 55104, on behalf of the Metropolitan  Senior  Federation  (MSF);  Scott

Wilensky, 2512 Delaware Street Southeast,  Minneapolis,  Minnesota  55414  for  the

Minnesota Public Interest Research Group (MPIRG);  George  W.  Crocker,  1519A

East Franklin Avenue, Minneapolis, Minnesota 55404, on  behalf  of  the  North

American Water Office (NAWO); Special Assistant Attorney General Gregory

Dittrich, and Richard Lancaster, Lee Larson, Janet F. Gonzalez, Diane

Sorrells, James Lindell and David Jacobson on behalf  of  the  Commission  Staff.

 

    Notice is hereby given that, pursuant to Minn.  Stat.  14 61, and the

Rules of Practice of the Public Utilities Commission and the Office of

Administrative Hearings, exceptions to this Report, if any, by any party

adversely affected must be filed within 20 days of  the  mailing  date  hereof

with the Executive Secretary, Minnesota Public  Utilities  Commission,  160  East

Kellogg Boulevard, St. Paul, Minnesota  55101.  Exceptions  must  be  specific  and

stated and numbered separately.  Proposed  Findings  of  Fact,  Conclusions  and

Order should be included, and copies thereof shall be served upon all

parties.  If desired, a reply to exceptions may  be  filed  and  served  within  ten

days after the service of the exceptions to which reply is made.  Oral

argument before a majority of the Commission will be  permitted  to  all  parties

adversely affected by the Administrative  Law  Judge's  recommendation  who

request such argument.  Such request must  accompany  the  filed  exceptions  or

reply, and an original and 13 copies copies of each document should be filed

with the Commission.

 

    The Minnesota Public Utilities Commission will make the final

determination of the matter after the expiration of the period for filing

exceptions as set forth above, or after oral argument,  if  such  is  requested

and had in the matter.

 

 

                                      -2-

 


    Further notice is hereby given that the Commission may, at its own

discretion, accept or reject the Administrative Law Judge's recommendation and

that said recommendation has no legal effect unless expressly adopted by  the

Commission as its final order.

 

                             STATEMENT OF ISSUES

    Whether Northern States Power should be authorized to increase its  rates

for electric utility service to customers in Minnesota by 75 million  dollars

and to collect the revenues in accordance with the rate design proposed by the

Rate Design Settlement herein.

 

    Based upon all of the proceedings herein, the Hearing Judge makes the

following:

 

                               FINDINGS OF FACT

 

Jurisdiction and Procedural History

 

    1.   On November 2, 1987, Northern States Power Company (NSP, Company  or

Utility) filed a Petition with the Minnesota Public Utilities Commission

(Commission, PUC) for an increase in electric rates of 99.3 million  dollars

(9.54% increase over current rates).  The Company also filed a  Petition  for

Interim Rates in the amount of $97,008,000 (a 9.35% increase).

 

    2.   On December 4, 1987, the Commission accepted the Company's filing and

suspended the proposed rates until the Commission determines the

reasonableness of the proposed rates, or until September 2, 1988,  whichever

occurs first.

 

    3.   On December 29, 1987, the PUC issued an Order setting Interim  Rates

in this matter, which Order authorized the Company to collect $94,980,000

(9.15%) in additional annual revenues as Interim Rates beginning on or  after

January 1, 1988.  NSP is collecting Interim Rates subject to refund  if  they

are found to be in excess of the final rates determined by the Commission.

 

    4.   On December 4, 1987, the PUC issued a Notice and Order for  Hearing

directing that a contested case hearing be convened to determine the

reasonableness of the rate changes proposed by the Company.

 

    5.   On December 30, 1987, a Prehearing Conference was held before the

Administrative Law Judge in St. Paul.  Petitions to Intervene were  filed  by

Hubert H. Humphrey, 111, Minnesota Attorney General; the City of St. Paul and

Board of Water Commissioners of the City of St. Paul; Suburban Rate Authority;

District Heating Development Company, d/b/a District Energy St. Paul,  Inc.;

Union Carbide Corporation; Champion International Corporation; Metalcasters of

Minnesota; National Solid Waste Management Association; Metropolitan  Senior

Federation; Minnesota Public Interest Research Group; North American Water

Office; the St. Paul Chamber of Commerce; and the Minnesota Department of

Public Service.  All of the Petitions to Intervene were granted.  Union

Carbide Corporation remains a party to this proceeding, although it made  no

appearance at the evidentiary hearings.  The National Solid  Waste  Management

Association subsequently withdrew its Petition to Intervene.

 

    6.   On January 26, 1988, the Administrative Law Judge issued a Prehearing

Order establishing the hearing schedule and procedural guidelines  governing

the conduct of the case.

 

 

                                    -3-

 


    7.   On March 2 and 3, 1988, five parties, NSP, DPS, OAG, MPIRG and MSF,

reached a Stipulation as to all but one of the financial issues in the rate

case.  The issue specifically reserved from this  Stipulation  concerns  certain

amounts in NSP's Conservation Improvement Plan (CIP) Deferred Debit

("Tracker") Account related to the Good Cents Program and Administrative and

Regulatory expenses.  An Explanation of Stipulation was filed by the five

parties with the Administrative Law Judge on April 27, 1988.

 

    8.   By April 5, 1988, all of the parties to the rate case reached a

Settlement on the majority of the rate design issues.  The  issues  not  settled

are:  The special rate discount for customers who have medical needs which

require greater electrical usage, proposed by the DAG; conservation  incentives

in the design of residential rates as proposed by the MSF; and the  demand/side

management issues and associated rate structures raised by  NAWO.  The  parties

filed Explanatory Comments to the Rate Design Settlement with the

Administrative Law Judge on April 27, 1988.

 

    9.  On May 27, 1988, the Administrative Law Judge issued an Order

Certifying Rate Design Settlement to the Commission.  The Order found  that  the

Rate Design Settlement was supported by substantial evidence in the record,

with certain reservations.  The parties filed Exceptions to  the  Administrative

Law Judge's Certification of Rate Design Settlement on June 17, 1988.

 

5ummary_of Public lestimony

 

    10. At the hearings in Winona, Mankato, Minneapolis, St.  Paul  (afternoon)

and St. Cloud, representatives of local economic development organizations

appeared and presented testimony praising NSP for providing assistance,

including employee volunteers and financial support, to the economic

development of the specific localities.  The prepared remarks of some  of  these

witnesses were entered into the record as exhibits.

 

    11. In Winona, the Director of Economic Development for the  City  and  the

City's Port Authority cited specific instances where the Utility worked with

her office to attract a new industry (a producer of fibrous composites) to  the

Winona area.  She believes the new industry was attracted to  Winona,  in  part,

because of NSP's competitive rates.

 

    12.  In Mankato, the Executive Director of the Mankato Valley Industrial

Development Corporation cited the instrumental role played by NSP in the

consolidation of several industrial development organizations, which had

separately represented and promoted Blue Earth County, Nicollet County, the

City of Mankato and the City of North Mankato, into one economic development

entity.  The Utility also aided in the preparation of a  promotional  video  for

the Industrial Development Corporation and assisted in the Corporation's

economic development study for the region.

 

    13.  The Group Vice President--Economic Development of the Greater

Minneapolis Chamber of Commerce testified that NSP is promoting the

Minneapolis area well and had volunteered the time of some of its personnel  to

help attract companies in the service and industrial sectors to the  area.  The

Chamber is concerned about both attracting new business and not losing some

local operations because of a presumption that the "business climate" in the

area is poor.  The Chamber is grateful to NSP for addressing that concern.

 

 

                                    -4-

 


    14.  Robert De La Vega, an Assistant Commissioner at the Minnesota

Department of Trade and Economic Development, outlined NSP's participation  in

a "partnership" with his agency for attracting business and recruitment of

industries to locate in Minnesota.  The goals of the partnership are  to  add

jobs in industry, which will operate to increase the State's tax base and  the

Company's revenues.  NSP has placed advertisements promoting the State in

industrial trade journals, has prepared a packet of  promotional--informational

literature used by the Department and has assisted companies  considering

moving to Minnesota in site selection processes.

 

    15.  NSP is a member of the St. Cloud area Economic Development

Partnership, Inc., an organization founded to promote and facilitate  business

development in the Greater St. Cloud vicinity.  The Company  has  referred

businesses considering locating to the St. Cloud area to the Partnership  and

has provided technical support in promotions made by the Partnership in an

effort to attract new industry.  It has also assisted the  Partnership  in

market research and it is providing service and rate information to  interested

companies.

 

   16. The Company's proposal to eliminate the Conservation  Rate  Break  for

its residential customers drew a large amount of comment at the public

hearings, all of it against elimination of the Break.  The  speakers  stressed

that the existence of the Break makes them conscious of conserving energy  and

gives them an incentive to practice that conservation.  Several  speakers  cited

the importance of continued eligibility for the Break for persons on fixed

incomes and persons with lower incomes.  Several persons challenged the

Company's assertion that the Break simply favors persons who choose an

apartment life-style by pointing out that many persons rent apartments  because

they can not afford to buy or live in houses.  They consider it  inaccurate  for

NSP to portray apartment living as the "life-style of the rich and  famous".

 

   17.  Darlene Morse is a quadriplegic person whose consumption of

electricity is higher than it otherwise would be because of her medical

condition.  She requires the use of an electric-powered iron lung  to  breathe

and her home environment is constantly controlled by electric appliances  (air

purifier, humidifier and dehumidifier).  Ms. Morse uses a  wheelchair  powered

by electrically-charged batteries to move from place to place, to raise  and

lower her body and to adjust her posture.  She is on a monthly budget  for  NSP

electric payments of $58 per month.  Approximately $37 per month of her

electric bill goes for the maintenance and operation of medically  necessary

equipment.  She consumes approximately 562 kwh per month to  operate  that

equipment.  She believes that amount is la little high" compared to  the  costs

of others who use electricity for medically necessary equipment.

 

   Ms. Morse supports the Medical Needs Discount Rate proposal  sponsored  in

this proceeding by the OAG.  If she was not required to operate  and  maintain

medically necessary equipment, Ms. Morse believes she would qualify for  the

Conservation Rate Break.

 

   18. The OAG, at each hearing where it was not represented  in  person  by

Assistant Attorney General Bradley or Special Assistant Attorney General  Gary

Cunningham, presented a written argument in support of the Medical  Needs

Discount Rate, which was read into the record.

 

 

                                    -5-

 


    1 9 .  A variety of billing complaints we re registe red by sp eakers at

several of the public hearings.  Representatives of NSP and Consumer Affairs

personnel from the PUC staff were present at the hearings for individual

conferences with these witnesses after their testimonies concluded.

 

    20.  Testimony generally complaining that the Company's costs were too

high was offered at several locations, and reasons for high costs were

identified by the witnesses:  the Company's union contracts are said to be too

costly; executives' salaries are too high; and the Company has too much

invested in plants and not enough in conservation.  It was suggested that NSP

should build smaller plants to keep down its required reserve capacity, and

several requests for more research into and reliance on wind-generated and

solar energy were heard.  One suggestion was to design rates so that  peak

energy charges would be paid only by persons who had air conditioning.

 

    21.  Two witnesses at the Minneapolis hearing suggested that the Public

Utilities Commissioners be elected rather than appointed officials.   The

speakers stressed the need for accountability of the Commissioners to the

public in the wake of recent publicity involving former Commissioners who

subsequently accepted jobs and payments from the utilities they had regulated.

 

Test Year

 

    22.  The appropriate test year for determining the Company's revenue

deficiency, if any, is the twelve month period from January 1, 1988 to

December 31, 1988, as filed by NSP.  No party challenged the appropriateness

of this test year as representative of the future period during which rates

will be in effect.

 

The Revenue_Reguirements Stipulation

 

    23.  The Revenue Requirements Stipulation (Appendix A) features an

agreement by NSP to a $75,000,000 annual rate increase (7.2%).  The amount of

increase is just and reasonable.

 

    24.  The test year rate base agreed to in the Stipulation is

$2,350,498,000.   This rate base figure is found to be reasonable.

 

    25.  The overall rate of return agreed to by the parties entering into the

Stipulation is 9.68%.  The rate of return on common equity is stipulated to be

11.7%. Reducing the rate of return on equity to 11.7% from the  Company's

originally-proposed 12.81% results in a reduction of $20.1 million in annual

revenues.  The costs of debt (8.35%) and preferred stock (6.74%) originally

proposed by NSP remain unchanged by the Stipulation.  An 11.7 rate of return

on common equity is found to be reasonable.

 

    26.  In its initial filing, the Company proposed a capital structure of

45.25% equity, 43.69% debt and 11.06% preferred stock.   The Stipulation

provides the same proportions.  A capital structure for NSP of 45.25% equity,

43.69% debt and 11.06% preferred stock is found to be reasonable.

 

    27.  Application of an overall rate of return of 9.68% to NSP's rate base

($2,350,498,000) yields a required operating income of $227,528,000.  The

Company's stipulated after-tax income deficiency is $44,932,000, which is the

difference between its required operating income and the stipulated total of

 

 

                                    -6-

 


its operating income ($176,956,000) and Allowance for Funds Used During

Construction (AFDC) ($5,640,000).  Multiplication of the Income  Deficiency  by

the Gross Revenue Conversion Factor (to account for the combined effect of

Federal and State income Taxes) yields a stipulated Revenue Deficiency of

$75,225,000.  The Company stipulates that it will seek only $15,000,000  of

this total.  The facts stipulated to in this Finding, which yield a Revenue

Deficiency of $75,000,000 for NSP during the test year, are supported by

substantial evidence in the record.  The $75,000,000 Revenue Deficiency  is

found to be just and reasonable.

 

   28.  The NAWO proposes a reduction in the rate base of $470,000,000,

representing a disallowance of the Sherco 3 Plant that began operations in

November of 1987.  NAWO proposes to allow NSP still to collect an additional

$75,000,000 in revenue, all of which would be spent on demand-side  management

programs to conserve energy. $45.5 million dollars of the  stipulated  revenue

increase is raised by applying the stipulated overall rate of return to the

$470,000,000 increase in rate base for the Sherco 3 Plant.  If NAWO's  proposal

is accepted, the Company's authorized rate of return on equity would have to

rise to 17%, with an overall rate of return of 12.1%, in order to raise

$75,000,000 in additional rates.  NAWO's proposal is found to be  unreasonable,

contrary to state law and not support by the record.

 

   29. The Administrative Law Judge has treated the  Revenue  Requirements

Stipulation as an evidentidry item for purposes of the record.  All

non-signatory parties were given the opportunity to present evidence and/or

file briefs in opposition to any of its terms.  With the exception of the  NAWO

recommendation mentioned in the previous Finding, none of the non-signatory

parties to the Revenue Requirements Stipulation in this case have opposed  any

of the terms of the Stipulation.

 

   30.  The Administrative Law Judge has examined the Revenue Requirements

Stipulation (Appendix A) and the Explanation of Stipulation (Appendix B) filed

by the parties to the Stipulation on April 21, 1988.  It is found that  the

Stipulation is supported by substantial evidence in all respects.  It is

further found that the terms of the Revenue Requirements Stipulation result in

rates that are just and reasonable.  Its adoption is in the public interest.

The Stipulation and Explanation of Stipulation are hereby adopted as  Findings

of Fact, Conclusions and the Recommendation of the Administrative Law Judge

with regard to the stipulated issues.

 

Conservation Improvement Plan(CIP) Tracker Account

 

   31. The Company and the DPS disagree on treatment of  certain  portions  of

the CIP Tracker Account.  NSP agrees that the resolution of  these  uncontested

revenue issues will not affect the stipulated $75,000,000 revenue increase

proposed.  Any Tracker Account monies disallowed by the PUC in  its  resolution

on the disputed items are proposed to be applied to the Interim Rate refund

that will result if the Commission's final Order accepts a $75,000,000 general

rate increase.

 

   32. The Commission approved the Deferred Debit (Tracker) Account  by  Order

dated April 29, 1985.  In NSP's last electric rate case (PUC Docket No.

E-002/GR-85-558) the Commission allowed NSP to establish a conservation cost

recovery method whereby NSP could track Conservation Improvement Plan (CIP)

expenditures.  The Commission allowed the Company to establish a specific

 

 

                                    -7-

 


account, referred to as a "Deferred Debit" or "Tracker".     As the Company

recovers CIP expenditures from rates, this Account is credited;  and  as  the

Company incurs CIP expenditures, this Account is  charged.  The  Tracker  Account

is then reviewed within the context of a General Rate case.

 

    33.  The current Tracker Account balance NSP seeks to recover is

$1,701,300.   NSP proposes to recover  this amount from the Interim  Rate  refund.

 

    34.  The DPS recommends that the  amount recovered by NSP from Interim

Rates to balance the Tracker Account  be reduced to $123,500 to reflect

disallowance from the Tracker Account of $734,400 of Good Cents program

expenditures and $843,400 in general administrative expenditures.

 

    35. In its April 29, 1985 Order Approving  the  Deferred  Debit  Accounting

of Certain Conservation Related Costs, the PUC provided that  NSP  must  show

that costs were in fact incurred as part of an approved plan  before  it  can

recover any CIP costs in rates.    As part of its ruling in The Matter  of  the

Petition of Northern States Power company for authority to change its schedule

of Rates for Electric_utility service for customers within the state of

Minnesota, Docket No. E002/GR-85-558, an NSP general rate case  Order  issued  on

June 2, 1986, the PUC denied the Company's attempt to include  costs  of  the

Good Cents Program in its Deferred Debit Account for purposes  of  that  rate

case.  The PUC held that the Company had not proven  that  the  advanced  costs

were incurred prudently.  Therefore, it held that it was inappropriate to

include the Good Cents Program component of CIP costs  from  recovery  through

the  rate structure.   Recovery for the Good Cents Program  was  denied  because

NSP failed to request and obtain Commission approval for the  program,  and  thus

did  not meet the standards for allowed Deferred Debit Account treatment.

 

    36. On October 7, 1986, the PUC issued an  Order  approving  the  Company's

CIP  Program, which Order specifically denied coverage for  Good  Cents  Program

expenses.  The Commission found that NSP had begun to  offer  the  Good  Cents

Project to customers in May 1985, "although it was never approved by the

Commission . . . .".  See DPS Exhibit 102, p. 3.

 

    The Commissioner rejected the inclusion of the Good Cents Program  as  a  CIP

program because it was not cost effective, not tailored to low-income

ratepayers and was a marketing program.    The Commission added that  NSP  would

be allowed to submit its proposal on the Good Cents  Program  for  "Commission

review" if it was able to resolve the afore-mentioned  concerns  and  provide

adequate assurances in documentary form that the project will promote

conservation and not sales.  See DPS Exhibit 102, p. 13.

 

    37.  The PUC issued an Order Approving Good Cents Home Project for NSP on

March 5, 1987.  Approval was granted because of modifications  made  by  NSP  in

the program, specifically:

 

        1.  NSP will target the project at electrically heated

        attached multi-family dwelling units which typically are

        used as rental units.

 

        2.  NSP will charge builders of detached single-family

        dwellings of size greater than two thousand square feet, a

        fee of one hundred dollars for the service.

 

 

                                      -8-

 


          3.  NSP, DPS and DEED will jointly develop an adjusted

          performance standard for attached multi-family housing

          units.

 

See DPS Exhibit 103, p. 2.

 

    The Commission's Order in that particular Good Cents docket provided that

the modified project, which provides a reasonable means to achieve the goals

of conservation improvement and reducing the amount of electricity used, as

opposed to having the goal of increasing the market for electricity, was

approved as part of NSP's Conservation Improvement Program.

 

    38.  The $743,400 associated with the Good Cents Home Program, which

amount represents expenses incurred prior to the PUC's approval of the Program

as a CIP, should be excluded from the Tracker Account.

 

Discussion

 

    The Administrative Law Judge is persuaded that the intent of the

Commission with respect to timing the inclusion of  Good  Cents  Home  Program

expenditures for CIP Tracker Account treatment is to allow such expenditures

to be incurred only after approval of the Program  (or  any  other  individual

CIP) has been Ordered.  As DPS witness Scala stated in her testimony, in the

past NSP has petitioned for Commission approval  in  advance  to  implement  a

pilot program to cover start-up expenses incurred in initial implementation of

new conservation programs.  In the instance of  the  Good  Cents  Program,  NSP

failed to follow that procedure.  The fact that the Company incurred

expenditures in good faith, prior to receiving  commission  approval  for  the

spending, is not enough to merit inclusion.

 

 

    39.  NSP seeks Tracker Account treatment for $843,400 in Administrative

and Regulatory (A & R) expenditures for CIP program years 1985 and 1986.  The

DPS recommends a denial of such inclusion for those monies because the Company

failed to seek prior Commission approval  for  incurring  those  expenses  and

because it is reasonable to infer from the record that the monies are already

incorporated in specific CIP accounts for those years.

 

    40. The Utility has not  presented  substantial  evidence  accounting  for

expenditures of $843,000 in A & R costs not attributable to specific CIP

program budgets for program years 1986 and 1987.  The Utility has established

that some amount of A & R monies were spent on CIP  programs  that  cannot  be

isolated to a single program budget, but it has not offered evidence

establishing a precise amount.

 

    41.  For program years 1986 and 1987, whenever  it  was  not  possible  to

charge A & R expenses to individual CIP programs,  the  Company  charged  such

expenses  to a general administrative  account  which  included  administrative

expenses  for all CIP and operating programs.

 

    42.  Administrative costs associated with CIP and operating programs

include monies for office equipment,  office  supplies,  stationary,  copying,

postage, data processing equipment, labor for regulatory reporting, training

of staff for performance of that reporting, overload labor, telephone,

printing and a variety of other tasks and equipment for  which  NSP  does  not

 

 

                                      -9-

 


budget separately.  See NSP Exhibit 41 (KHW-2), Sch. 5, p. 1 of 3.  Such

expenses are ongoing and part of routine business operation.

 

    43.  For CIP program year 1988, NSP established that it will spend an

allocated amount of $83,421 in A & R expenses attributable to Residential CIP

programs and $95,595 in A & R expenses attributable to Commercial and

Industrial CIP programs. $52,800 each was allocated for A &  R  expenses

attributable to Commercial and Industrial CIP and Residential CIP programs for

CIP program year 1985.  For program years 1986 and 1987, no  specific  amount

was allocated to evidence an attempt by the Company to identify A & R  costs

that support all CIP programs, as distinct from A & R costs that support

operating programs.

 

    44.  For program year 1986 and 1987, it is reasonable to allocate $284,616

to A & R expenses attributable to CIP programs for monies spent to support the

programs which can not be specifically attributed to any specific CIP

program.  The $284,6l6 is computed by totalling approved  or  uncontested

comparable amounts allocated for 1985 and 1988. $558,784 in A &  R  expenses

sought by the Utilities for tracker account treatment should be  denied.

 

    45.  The adjustment to NSP's refund of Interim Rates, if a refund is

Ordered, attributable to correction of the Company's Tracker Account is a

surcharge to the refund (which reduces the amount available for refund) of

$408,116.  The total correction to the surcharge proposed by NSP should be

$1,293,184, instead of the $1,577,800 proposed by the DPS.

 

Discussion

 

    The DPS recommends an adjustment (surcharge) of $123,500 in the customer

refund of Interim Rates based upon its argument that the Tracker Account

should be reduced, to the detriment of NSP, by $1,577,800 ($734,400 for  the

pre-1987 Good Cents adjustment and $843,400 in Administrative and Regulatory

expenses).  The Administrative Law Judge recommends that $284,616 of the

$843,400 Administrative and Regulatory expenses proposed by NSP for  the

tracker account treatment be allowed.  See Finding 44.  The  Judge's  Finding

that $408,116 should be surcharged to any interim rate refund results from his

recommended denial of all of the Good Cents program CIP monies proposed  for

Tracker Account treatment and a recommended denial of Tracker Account

treatment of $558,784 in A & R expenses.

 

    The Administrative Law Judge concludes that to adopt the DPS

recommendation that no A & R expenditures can be attributable to the CIP

program, apart from A & R monies that can be isolated into specific  program

accounts, ignores business operations reality in a company as large  and

complex as NSP.  It is reasonable to assume that monies were spent by the

Company for items noted at Finding 42 during the period in dispute.

 

    For program year 1988, the Company allocated its estimated A & R

expenditures of $876,429 into amounts of $697,413 for operating programs,

$95,595 for Commercial and Industrial CIP and $83,421 for Residential CIP.

See NSP Exhibit 41 (KHW-2), Sch. 5, p. I of 3.  The DPS does not contest these

figures, nor does it contest an analogous allocation for program year 1985.

For program years 1986 and 1987, the Company has not made comparable

allocations.  The treatment reflected in the above Findings represents an

attempt to make the allocations not prepared by NSP, allocations that average

the uncontested allocated amounts for program years 1985 and 1988.

 

 

                                    -10-

 


DPS proposal for depreciation studies

 

    46. The DPS proposes that NSP be Ordered to perform studies  every  five

years to examine the expected economic costs of power plant life extensions or

reductions.

 

    47.  The parties, including NSP, agree that for purposes of this rate case

the 33-year depreciable life span of the Company's Sherco 3 plant should not

be altered.

 

    48.  The PUC currently requires NSP to seek a depreciation Order annually

to establish proper depreciation methods.  Current depreciation methods allow

for the assessment of current generation and life extension technologies.

 

    49.  Although NSP assumes a 33-year life for new plants, some plants are

retired prior to the end of 33 years and many, after retrofitting and/or

conversion from base load to peak-use function, have useful lifes longer than

33 years.

 

    50.  The mandatory studies proposed by the DPS require estimation of

numerous variables such as alternative generation costs, fuel and maintenance

costs which will occur more than 30 years from the studies' dates.

 

    51.  The record does not establish that the mandatory periodic studies

regarding plant depreciation proposed by the DPS are necessary.

 

Disscussion

 

    The concern raised by the DPS is valid.  Plants which are retired prior to

33 years of useful life cause ratepayers to underfund the consumption of such

assets during the period of useful life, and plants that are used for over 33

years result in overpayments by ratepayers during the originally-presumed

lifespan.  The Department's proposal is very general, and provides

insufficient details as to how these studies would operate and what they would

cost for the Administrative Law Judge to be able to recommend that they be

Ordered at this time.  See DPS Ex. 93, p. 8

 

Rate Design

 

     Principles_of Rate Desiqn

 

    52. The Company bears the burden of proof that the proposed rate  design

is just and reasonable and not unreasonable, preferential or discriminatory.

Minn.  Stat. sec. 216.03 and 216B.16.

 

    53.  When the Commission allocates the revenue deficiency among classes of

customers to provide for the recovery of a revenue requirement, it acts in a

quasi-legislative capacity.  Hibbinq Taconite Co. v. Minnesota     Public Service

Commission, 302 N.W.2d 5, 9 (Minn. 1980); St.__Paul Area Chamber of Commerce v.

Minnesota Public Service Commission, 312 Minn. 250, 262, 251 N.W.2d 350, 358

(1977).

 

    54.  Having established a revenue deficiency, if Northern States Power

does not establish the reasonableness of its proposed rate design, then the

 

 

                                    -11-

 


Commission must determine just and reasonable rates to allow for  the  recovery

of the revenue deficiency.  Minn.  Stat. sec. 216B.1b, subd. 5.

 

    55. The principles of rate design governing the exercise  by  the

Commission of its quasi-legislative authority may be summarized as follows:

 

    a)   Rates should be designed to provide the company with a

         reasonable opportunity to earn its revenue requirement  as

         determined in the proceedings;

 

    b)   While cost of services is an important factor to be

         considered by the Commission in determining the allocation

         of rates among customers, the Commission must also  consider

         non-cost factors inherent in a proper balancing of  public

         policy and private  need.  Reserve  Mining Co. v. Public

         Utilities Commission, 344 N.W.2d 389, 393 (Minn. 1983);  Ste

         Paul Area Chamber of Commerce v. Minnesota Public  Service

         commission, supra, at 358 (1977);

 

    c)   Rates should provide a reasonable continuity with past and

         future rates to prevent inordinate and immediate impact on

         existing and future customers;

 

    d)   Rates should be as simple, understandable and easy to

         administer as is practical; and

 

    e)   In Reserve Mining Co. v. Public Utilities Commission,

         supra, 344 N.W.2d at 393, the Court listed the following

         relevant noncost factors:  whether the rates would be

         disruptive; revenue stability; affordability; the  ability

         to pass costs on to others; and the ability to decrease  the

         impact of a rate increase through tax deductions.

 

The Rate Design Settlement

 

    56.  On May 27, 1988, the Administrative Law Judge issued an Order

Certifying Rate Design Settlement in this matter (Appendix C) in that Order,

the Judge certified the Offer of Settlement attached thereto (Appendix D) to

the Commission to determine whether acceptance of the Offer of Settlement  was

in the public interest and whether the Settlement is supported by  substantial

evidence in the hearing record.  Subject to the limitations and conditions

more particularly described in the Memorandum of his Order, the  Administrative

Law Judge recommended to the Commission that the Offer of Settlement be

accepted by it as appropriately resolving the rate design issues in this

proceeding, with the exception of the special rate discount for customers  that

have medical needs which require greater electric usage, as proposed by the

Office of the Attorney General, and the conservation incentives in the  design

of residential rates, as proposed by the Metropolitan Senior  Federation.  With

those qualifications, it was recommended that the Commission accept the  Offer

of Settlement as an appropriate device for implementing the revenue  increase,

if any, it grants in its final Order in this case.

 

    57. The Rate Design Settlement arrived at by the parties was  explained  in

detail in Explanatory Comments by the Parties to the Rate Design Settlement

(Appendix E) filed on April 27, 1988.  The judge hereby adopts his order

 

 

                                    -12-

 


Certifying Rate Design Settlement, the Offer of Settlement and Explanatory

Comments by the parties to the Rate Design Settlement package as his Findings

of Fact, Conclusions and Recommendation to the PUC with respect to the rate

design issues settled therein.

 

    58.  The Rate Design Settlement contains the agreement of all parties

regarding revenue apportionment.  The percentages of increase to each customer

class are based upon a $75,000,000 increase in annual revenues stipulated to

by NSP.  The increase to the Residential class is 7.71%.  A 6.9% increase in

rates to Commercial and Industrial customers, an increase of 7.52% for Other

Sales to Public Authorities, and a 2.59% increase for Street and Area Lighting

are the other rate increases in the Settlement.

 

    59.  If the Public Utilities Commission determines a different revenue

deficiency than $75,000,000, the parties agree that the inter class and intra

class revenue and rate relationships contained in the Offer of Settlement and

its accompanying Exhibits (See Appendices D and E) should be applied to the

Commission-determined revenue deficiency.

 

Discussion

 

    The Administrative Law Judge adopts as his Discussion of the Rate Design

Settlement the Memorandum (pp 3-5) to his May 27, 1988 Order Certifying Rate

Design Settlement (Appendix C).

 

    While adopting, without change, his Order of May 27, 1988, the

Administrative Law Judge notes that the Exceptions filed by the parties on

June 17 contain different explanations for the portions about which the Judge

expressed resrevations than those he had before him prior to certifying the

Settlement.

 

The Medical  Needs Discount

 

    60.  The OAG proposes a 25% discount on the monthly energy charge for

Residential Class customers whose medical needs require high electric usage.

The discount would apply to all usage up to 1000 kwh per month.

 

    61.  Any household which has a full time member who is a paraplegic or

quadriplegic person or who requires the regular use of a power wheelchair,

hemodialysis machine or special respiratory equipment (such as iron lung

machines) can qualify for the proposed discount by submitting a form signed by

a physician declaring their eligibility.  The OAG proposes setting the medical

needs discount at 25% as an extension of the Conservation Rate Break (CRB),

which currently provides approximately a 25% energy discount to customers

whose low usage allows access to that discount.1  The 1000 kwh limitation

includes an assumed medical related usage level of 600 kwh plus the 400 kwh of

personal usage contemplated by the CRB.

 

 

 

    lthe CRB currently provides a $4.00 discount to customers who use less

than 300 kwh per month, and, if usage is between 300 and 400 kwh per month,

the discount  is $2.00.  Under the Rate Design Settlement recommended for

adoption in this case, the CRB is $3.50 for usage of up to 300 kwh and $1.75

per month if the customer's usage falls between 301 and 400 kwh.  See Offer of

Settlement (Appendix C), p. 6.

 

 

                                    -13-

 


    62. The OAG estimates approximately 1000 NSP  Residential  customers  would

qualify for the proposed Discount.  The estimated maximum discount is  $200  per

year for an annual cost to other Residential customers of $200,000.  Setting

1000 kwh as an appropriate amount of usage to which to apply the Discount

represents the OAG's estimate of the electric needs of persons who would

qualify for the Discount.  Implementing a more exact method of matching need

to usage would involve expenses that could exceed the total amount

discounted.

 

    63. NSP opposes the Medical Needs Discount for several  reasons,  including

the lack of showing of a need for a discount, the lack of any income test,  the

lack of integration with assistance programs and a concern that the PUC  should

be cautious in becoming involved in Rate Discounts based on perceived needs  of

various customer groups.

 

    64.  The OAG proposes the establishment of a task force to determine

whether it is appropriate to include other special medical needs as

eligibility criteria for the Discount.  The record fails to establish a need

for such a task force, in light of the next Finding.

 

    65.  The record does not establish a basis for estimating how many

households in NSP's service territory could qualify for the Medical Needs

Discount.  In the absence of information regarding the potential cost  to  other

NSP customers of implementing the Medical Needs Discount as proposed, it

should not be adopted.

 

Discussion

 

    The proposal for establishing a Medical Needs Discount in the Residential

Rate structure is a response to a valid concern-there are people whose

electrical bills are higher than they would otherwise be but for those

persons' handicapping conditions.  As pointed out by the OAG, the PUC has

acted to set rate relief for handicapped persons whose handicap results

directly in increased utility bills (the discount in toll rates available to

hearing-impaired customers of Northwestern Bell who use specialized  telephonic

equipment).  The Judge is persuaded that the Commission has the authority to

grant such a rate discount, even if the discount only partially alleviates a

state wide problem, because there is a direct connection between the

handicapping conditions and increased, otherwise unnecessary electrical  usage.

 

    The Administrative Law Judge stops short of recommending implementation  of

the Discount at this time, however, because the record contains only the

hearsay testimony of OAG witness Schmidt to establish that there are about

1000 customers who could qualify.  Schmidt's information, allegedly from the

United Handicapped Federation, is not documented and does not represent

research done by the witness.  Another problem with the  evidentiary  foundation

for establishing the reasonableness of the Discount in this record is that  the

only testimony establishing the appropriate usage level for application of  the

Discount is that of witness Morse, who expressed the view that her electrical

usage was "a little high" when compared to others who might qualify for the

discount.  See Public Hearing Testimony-St.  Paul (afternoon), T.,  p.  31.  This

evidence is too vague to substantiate a conclusion that 1000 kwh is an

appropriate upper limit on the usage level qualifying for the discount.

 

 

 

                                    -14-

 


Inverted-Rate-Proposal- of the Metropplityn Senior Federation

 

    66.  The MSF proposes the adoption of an inverted rate schedule similar to

that used by Philadelphia Electric.  That rate structure uses a flat winter

rate as a base rate, adds a surcharge to the base rate for the first 300 kwh

of summer usage and a higher surcharge to all other summer usage.  MSF's

proposal also features a credit to persons who consume less energy than they

had in the past.

 

    67.  Adoption of the inverted rate proposed by the MSF would result in a

large, but unquantified impact on some residential customers.  It would

eliminate the winter end-step discount, thus increasing significantly  the

rates for space heating customers.  The extent of the 'rate shock" under such

a scenario is unknown because the MSF has not calculated the dollar effect of

implementing its proposed inverted rate at various usage levels.

 

    68.  The records contains insufficient evidence to support adoption of the

inverted rate proposal of the MSF.  The proposal should be rejected.

 

Discussion

 

    The inverted rates proposed by the MSF are premised on the assumption that

costs vary as a function of an individual customer's consumption,  without

other variables.  That assumption ignores the fact that regardless of

consumption level, individual customers impose high capacity and energy costs

on the system if they consume during peak periods.  Inverted rates are

inappropriate as a method to achieve conservation because an inverted rate

structure sends inappropriate price signals and may not encourage economic

conservation.

 

    Without information on the impact that the MSF inverted rate plan would

have on NSP's customers it is inappropriate for the PUC to adopt such a rate

at this time.  In addition, it is evident that the rate would have an

immoderate impact on space-heating customers, which contravenes one of the

goals of regulatory rate design.  While the goals of such a possibly-drastic

rate design proposal are laudable-to wake our society up to the reality that

we must conserve our burning of coal in order to prevent acid rain and the

"greenhouse effect" on our earth and atmosphere, the MSF has failed to provide

evidence of the monetary impact of its proposal.  Without such evidence, the

Administrative Law Judge is unable to recommend adoption of the inverted rate.

 

    It is also noted that the proposal to provide credits for conservation of

energy in comparison to 'past' usage has the potential of awarding persons who

waited until after the proposed Rate Design went into effect, at the expense

of customers who showed conservation awareness in the past and already made

energy-saving improvements.

 

NAWO's Demand-Side Management Proposals

 

    69. Finding 28 details the revenue impact of NAWO's proposals in  this

case.  That Finding is incorporated by reference herein.

 

    70. A stated purpose of NAWO's involvement in this case is to  propose

adoption of rate structures that bring the company and the PUC to aggressive,

proactive demand-side management with a major emphasis on insuring the

 

 

                                   -15-

 


efficiency of lighting, appliances, drivepower, low and high temperature

heating and other "end-use" electrical technologies.  NAWO Exhibit 55, p. 6.

NAWO advocates implementation of cost-effective, efficient methods of

producing low cost electrical energy to meet the threats it sees posed by acid

rain, the greenhouse effect and reliance on nuclear power.

 

    71.  NAWO considers NSP to be better than most electric utilities in the

implementation of programs that increase electrical end-use efficiency.

However, in relation to capturing the full potential for increased end-use

efficiency, NAWO believes the Company has far to go.

 

    72.  To illustrate the importance of implementing end-use efficiency,

assuming that a unit of energy saved by implementation of conservation

programs is equivalent to a potential unit of energy produced by constructing

a plant for capacity purposes (Sherco 3), NAWO presented cost comparisons for

the production of a kwh of electricity and the cost of a kilowatt hour saved

by the Company's Appliance Rebate, Good Cents Homes, Chiller Efficiency

Improvement, Lighting Efficiency Improvement and Motor Efficiency Improvement

Programs.  NAWO Exhibit 55, pp. 10-12.  For each program, NAWO's figures

purport to show "production" of electrical energy and capacity at a fraction

of the cost it takes the Company to build capacity and produce energy in its

p 1 ants.

 

    73.  In order to capture greater end-use efficiency, NAWO advocates

spending the amount of the revenue increase stipulated in this proceeding on

existing company conservation programs and development of new endeavors such

as additional rebates, "buying back" of energy saved (using a competitive

bidding process), the marketing of negotiable instruments secured by the

Utility's promise to pay a building or factory owner a certain amount of money

for consuming no more than a certain level of energy, deployment of a sliding

scale for connection fees whereby the less electrically-efficient customers

would be charged more for getting on NSP's system and targeted retrofitting.

NAWO Exhibit 55, pp. 15-18.  NAWO asserts that the rates NSP seeks in this

proceeding are almost three times higher than the cost-effective limit of

implementing such programs.

 

    74.  NAWO proposes the restructuring of the Company's rates to include an

"efficiency clause" that adjusts rates, month-by-month, in a fashion

comparable to the current monthly fuel adjustment clause, according to changes

in NSP's revenue requirements caused by electrical end-use efficiency

improvements within the Company's system.

 

    75.  The proposed investment of an additional $75,000,000 in end-use

efficiency, demand-side management programs, which monies would be made

available, in part, by excluding the Sherco 3 Plant from Rate Base, should be

rejected and the programs for conservation improvement advocated by NAWO in

this proceeding should not be implemented at this time.

 

    76.  NAWO's proposal for an "efficiency clause" that adjusts rates

according to savings attributable to the demand-side management programs

advocated in this proceeding should be rejected.

 

Discussion

 

   Minn.  Stat. sec. 216B.01 (1986) declares that it is in the public interest

that public utilities be regulated so as to provide retail customers of

 

 

                                    -16-

 


electric service in Minnesota with adequate and reliable services at

reasonable rates, 'consistent with  the  financial  and  economic  requirements  of

public utilities and their need to construct facilities to provide such

services" or to otherwise obtain energy supplies.  Minn.  Stat. sec. 216B.16,

subd. 6 (1986) lists the factors to be considered by the Public Utilities

Commission in the exercise of its powers to determine just and reasonable

rates for public  utilities.  The  statute  mandates  due  consideration  be  given

to the need of the public utility for revenue  sufficient  to  enable  it  to  meet

the costs of furnishing its service, including adequate provision for

depreciation of its utility property  used  and  useful  in  rendering  service  to

the public, and to earn a fair and reasonable return upon the investment in

such property.  Subdivision 6 further provides:

 

         In determining the rate base upon which the utility is to

         be allowed to earn a fair rate of return, the Commission

         shall give due consideration to evidence of the cost of the

         property when first devoted to public use, to prudent

         acquisition cost to the public utility less appropriate

         depreciation  . . .  and to other expenses of a capital

         nature.

 

    Minn.  Stat. sec. 216B.243 (1986)  requires  a  public  utility  to  receive  prior

approval  for  construction of a new large energy facility by justifying the

need for  the  facility via  the  Certificate  of  Need  process.  Where  a  facility

has  received  approval by way of a Certificate  of  Need  and  where  that  property

is  prudently  acquired and used and useful  in  rendering  service  to  the  public,

the PUC  must  allow the public  utility  to  recover  revenue  sufficient  to  cover

the costs  of  providing that service.

 

    In  1982,  a Certificate of Need was  granted  for  construction  of  the  Sherco

3 Plant which the NAWO seeks to exclude from rate base in this case.  The

Plant began commercial operation in November, 1987.  Sherco 3 was prudently

constructed and is currently used and useful in rendering service to the

public.  As a result, and in accordance with the statutory scheme outlined

above, there is no legal basis for exclusion of Sherco 3 in the rate base

component for purposes of computing an appropriate rate adjustment in this

proceeding.

 

   In order to implement NAWO's proposal to grant NSP a $75,000,000 rate

increa s e wh i I e exclud ing Sherco 3 from rateba s e , the Commi s s i on wou I d have to

grant a rate of return on common equity slightly greater than 17%.  Such a

return in today's market is excessive.  The granting of that high a rate of

return is not supported by any rate of return analysis in this record.  The

testimonies of rate of return witnesses in  this  proceeding  clearly  support  the

stipulated amount of 11.7% return on common equity.

 

   An increase in the  Company's  authorized  overall  rate  of  return from the

stipulated 9.68% to 12.1%, the amount  needed  to  finance  the  stipulated   revenue

requirement if Sherco 3 is excluded from  rate  base,  is  also  an excessive

return in today's  economy.  Therefore,  NAWO's  proposal  that  NSP  be  allowed  to

earn a rate of return sufficient  to  finance  $75,000,000  and  demand-side   energy

conservation improvements has been found to be unreasonable.

 

   Finally, NAWO did not  present  sufficiently  specific  proposals  for  how  NSP

should spend the $75,000,000 in conservation improvements.  It would be more

 

 

                                      -17-

 


appropriate for NAWO to present specific conservation proposals in the  annual

Conservation Improvement Plan proceedings conducted  by  the  Commission  or  in  a

presentation before a generic, industry-wide advisory board.  Through  such

processes, the Commission could adequately examine the proposals and determine

how NSP, or any other electric utility, should spend the funds dedicated  to

such projects.  There are insufficient guidelines and information for

appropriate and cost-effective use  of  the  $75,000,000  proposed  annual  rate

increase for conservation in this record.

 

Concepts-to Govern

 

    77.  It is the intention of the Administrative Law Judge that the concepts

set forth in the Findings herein should govern the mathematical and

computational aspects of the Findings.  Any mathematical or computational

errors are unintentional and should be  corrected  to  conform  to  the  concepts

expressed in the Findings.

 

    Based upon the foregoing Findings of  Fact,  the  Administrative  Law  Judge

makes the following:

 

                                 CONCLUSIONS

 

    1.   The Minnesota Public Utilities  Commission  and  the  Administrative  Law

Judge have jurisdiction over the subject  matter  of  this  hearing  pursuant  to

Minn.  Stat.  Ch. 216B and sec. 14.57-14.62, and Minn.  Rules 1400.5100-.8300.

 

    2.   The Commission gave proper notice of the  hearing  in  this  matter,  has

fulfilled all relevant substantive and  procedural  requirements  of  law  or  rule

and has the authority to take the action proposed.

 

    3.   Any of the foregoing Findings more appropriately considered

Conclusions of Law are hereby adopted aS such.

 

    4.   The proper test year for  determining  Northern  States  Power's  revenue

deficiency for general rates is the  12-month  period  between  January  1,  1988

and December 31, 1988.

 

    5.   It is appropriate to adopt the Revenue Requirements Stipulation filed

in this matter.

 

    6.    The Company's appropriate rate base for  purposes  of  this  case  is

$2,350,498,000.

 

    7.   It is inappropriate to deduct  $470,000,000  from  the  Company's  rate

base for the purposes of this case to  reflect  disallowance  of  the  Sherco  3

Plant as  a component of the rate base.

 

    8.   NSP's appropriate test year required operating income is

$227,528,000.

 

    9.   It is appropriate to deduct $408,116 from the Interim Rate refund, if

any, Ordered in this case to permit recovery by NSP of past conservation

expenditures.

 

    10.  It is appropriate to disallow recovery by NSP from the Interim Rate

refund of $743,400 associated with the Good Cents Home Program, which amount

 

                                    -18-

 


represents expenses incurred prior to the Commission's approval of the Program

as a Conservation Improvement Program.

 

    11.  It is appropriate to disallow recovery by NSP from the Interim Rate

refund of $558,784 in Administrative and  Regulatory  expenses  for  Conservation

Improvement Program years 1986 and 1987.

 

    12.  The appropriate capital structure for Northern States Power is 45.25%

common equity, 43.69% debt and 11.05% preferred stock.

 

    13.  The appropriate cost of debt for NSP is 8.35%.

 

    14.   The appropriate cost of preferred stock for NSP is 6.74%.

 

    15.   The appropriate cost of common equity for NSP is 11.70%.

 

    16.   NSP's appropriate test year overall rate of return is 9.68%.

 

    17.   NSP's test year revenue deficiency is $75,000,000.

 

    18.   It is appropriate to reject the DPS proposal for an order mandating

periodic  studies regarding plant depreciation.

 

    19.   It is appropriate to adopt the Rate Design Settlement  of  the  parties

in this matter in accordance with the Administrative Law  Judge's  May  27,  1988

Order Certifying Rate Design Settlement, after due consideration of the

parties' Exceptions to the Order.

 

    20. It is appropriate to retain the relative  inter  class  and  intra  class

rate relationships stated in the Rate Design Settlement if the Commission

Orders a revenue deficiency different from $75,000,000.

 

    21.    It is appropriate to increase rates for the Residential Class by

7.71%.

 

    22.    It is appropriate to increase rates for the Commercial and Industrial

Class by  6.90%.

 

    23.   It is appropriate to increase rates for Other Sales to Public

Authorities by 7.52%.

 

    24.  It is appropriate to increase rates for Street and Area Lighting by

2.59%.

 

    25. It is appropriate to reject the proposed  adoption  of  a  Medical  Needs

Discount proposed by the OAG.

 

    26.  It is appropriate to reject the Inverted Rate proposal for the

Residential Class sponsored by the Minnesota Senior Federation.

 

    27. It is appropriate to reject NAWO's  proposal  for  restructuring  of  the

Company's rates to include an efficiency clause that adjusts rates according

to revenue requirements caused by electrical end-use efficiency improvements

within the Company's system.

 

 

                                      -19-

 


     28.  It is appropriate to reject NAWO's proposal to require NSP to invest

the monetary equivalent of the rate increase authorized, if any, in this

proceeding in demand-side management programs advocated by NAWO.

 

THIS REPORT IS NOT AN ORDER AND NO AUTHORITY IS GRANTED HEREIN.  THE PUBLIC

UTILITIES COMMISSION WILL ISSUE THE ORDER OF AUTHORITY WHICH MAY ADOPT OR

DIFFER FROM THE FOLLOWING RECOMMENDATIONS.

 

    It is the recommendation of the Administrative Law Judge to the Public

Utilities Commission that it issue the following:

 

                                     ORDER

 

    1.   Within 30 days of the date of this Order, Northern States Power shall

file with the Commission for its approval, and provide to all parties in this

proceeding, a revised schedule of rates and charges, incorporating the

decisions made herein, so as to allow the production of revenues for the test

year equal to the revenue requirement herein, in accordance with the rate

design provided for herein.

 

    2.   Within 30 days of the date of this Order, the Company shall file with

the Commission for its review and approval, and serve upon all parties to this

proceeding a proposal to refund to its customers any monies collected in

access of the revenue requirement authorized herein.

 

    3.   This Order shall become effective immediately.

 

Dated this 23rd  day of June, 1988.

 

 

 

 

                                         RICHARD C. LUIS

                                         Administrative Law Judge

 

Reported:  Harold M. Reiner & Associates

 

Transcripts Prepared

 

 

                                    NOTICE

 

   Pursuant to Minn.  Stat.  14.62, subd. 1, the agency is required to serve

its final decision upon each party and the Administrative Law Judge by first

class mail.

 

 

 

 

 

 

 

 

                                    -20-