before the new mexico public regulation commission … ada comp files/copy of... · 2016-07-25 ·...

14
BEFORE THE NEW MEXICO PUBLIC REGULATION COMMISSION IN THE MATTER OF THE APPLICATION ) OF ROOSEVELT COUNTY ELECTRIC COOPERATIVE, ) INC. FOR PERMISSION TO REFUND MONIES TO ) MEMBERS THROUGH ITS FUEL AND PURCHASED ) POWER COST ADJUSTMENT CLAUSE ) ) Case No. 16- 0:!Jl1d- UT ) ROOSEVELT COUNTY ELECTRIC COOPERATIVE, INC. ) Applicant. ) ) ) ) AFFIDAVIT STATE OF NEW MEXICO COUNTY OF Roosevelt ) ) SS. ) I have read the foregoing Direct Testimony, an / i is true and accurate ba my own knowledge and belief.

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Page 1: BEFORE THE NEW MEXICO PUBLIC REGULATION COMMISSION … ADA Comp Files/Copy of... · 2016-07-25 · before the new mexico public regulation commission . in the matter of the application

BEFORE THE NEW MEXICO PUBLIC REGULATION COMMISSION

IN THE MATTER OF THE APPLICATION ) OF ROOSEVELT COUNTY ELECTRIC COOPERATIVE, ) INC. FOR PERMISSION TO REFUND MONIES TO ) MEMBERS THROUGH ITS FUEL AND PURCHASED ) POWER COST ADJUSTMENT CLAUSE )

) Case No. 16-0:!Jl1d- UT )

ROOSEVELT COUNTY ELECTRIC COOPERATIVE, INC. )

Applicant.

) ) ) )

AFFIDAVIT

STATE OF NEW MEXICO

COUNTY OF Roosevelt

) ) SS.

)

I have read the foregoing Direct Testimony, an / i is true and accurate ba

my own knowledge and belief.

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DIRECT TESTIMONY OF CASE NO. llP- OOll (}... -UT

Q. PLEASE STATE YOUR NAME AND BUSINESS ADDRESS.

2 A: Jerry W. Paitin, 121 N. Main Street, Po1tales, New Mexico

3 Q. BY WHOM AND IN WHAT CAPACITY ARE YOU EMPLOYED?

4 A: I am employed by Roosevelt County Electric Cooperative, Inc. ("RCEC") as the General

5 Manager and Executive Vice-President.

6 Q. HOW LONG H A VE YOU HAD YOUR CURRENT POSITION?

7 A: I was officially appointed to the position on November 15, 1991 and have held the position

8 since that time.

9 Q. PLEASE DESCRIBE YOUR DUTIES AND RESPONSIBILITIES AS THE

10 GENERAL MANAGER AND EXECUTIVE VICE PRESIDENT.

11 A. As the General Manager, I am responsible for the n01mal day-to-day operations and

12 decision making of RCEC, including oversight of all departments, the execution and

13 application of all approved plans, programs ans policies adopted by the Board of Trnstees

14 and the overall organization of RCEC. As the Executive Vice-President, I am an officer of

15 RCEC and authorized to execute all contracts and other instrnments authorized by the

16 Board ofTrnstees.

17 Q. WHAT IS THE PURPOSE OF THIS PROCEEDING?

18 A: This proceeding is initiated to request permission from the New Mexico Public Regulation

19 Commission ("Commission" or "NMPRC") to flow ce1tain refund amounts back to the

20 members ofRCEC through the balancing account in our monthly fuel and purchased power

21 cost adjustment calculation. This refund is the result of successful outcomes in numerous

22 proceedings in which RCEC pa1ticipated before the Federal Energy Regulatory

23 Commission ("FERC''). RCEC was actively engaged in these proceedings as either a Co­

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DIRECT TESTIMONY OF CASE NO. ILP - 00('7 d-­ -UT

Complainant or Intervenor. Expenses incurred to paiticipate in these proceedings were

2 defe1Ted per our agreement with the Conunission staff, as d iscussed in detail, below.

3 Q. PLEASE IDENTIFY THE FERC PROCEEDINGS IN WHICH RCEC

4 PARTICIPATED.

5 A: The FERC proceedings in which RCEC participated and for which expenses were deferred

6 included:

7 a. ER04-l 174 - RE: Xcel Energy Services Inc. Request for Changes m

8 Transmission Rates;

9 b. EL05-19 - RE: Cooperative Complaint Requesting Investigation and Hearing

10 of Cost-based Rates and Fuel Adjustment Clause Charges, and Establishment

11 of Refund Effective Date;

12 c. ER05-l 68 ­ RE: SPS Filing for Changes in the Fuel Cost Adjustment Clause

13 Applicable to Wholesale Full Requirements Customers;

14 d. EL05-151 - RE: Public Service Company of New Mexico Complaint that

15 Southwestern Public Service Company' s wholesale rates are excessive, unjust,

16 unreasonable and is unduly discriminatory and/or preferential; and,

17 e. ER06-274 - RE: Southwestern Public Service Company Filing to change

18 wholesale rates and rate design to be effective February 1, 2006

19 f. ER08-3 l 3 - RE: Southwestern Public Service Company Filing to establish a

20 formula transmission tariff to be effective July 6, 2008;

21 Q. PLEASE SUMMARIZE THE POSITION OF RCEC IN THIS PROCEEDING.

22 A. As a result of the active participation by RCEC in these FERC proceed ings over the course

23 of many years, the membership of RCEC has already benefitted and will receive a

2

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DIRECT TESTIMONY OF CASENO. I LV - 001 ~/d- -UT

significant additional benefit in the fo1m of refunds. The benefits to RCEC members

2 consist of both refunds, which are the subj ect of this filing, and lower wholesale power

3 rates which resulted and were received over the course of the FERC proceedings. During

4 these FERC proceedings, RCEC successfull y negotiated and settled various issues with

5 Southwestern Public Service Company (SPS), its former full requirements power supplier,

6 involv ing wholesale power, transmission, fuel and other business practices related to the

7 wholesale power supply rates charged to RCEC. At the onset of the various FERC cases,

8 RCEC requested pe1mission from the New Mexico Public Regulation Conunission

9 (NMPRC) to defer the expenses associated with RCEC's pa1t icipation in the FERC

10 proceedings until such time as the cases were concluded. The objective was to protect

11 RCEC members from incutTing any higher rates until such time as they might be able to

12 fully realize the benefits of such litigation. The NMPRC staff sent us a letter authorizing

13 us to defer litigation expenses w ith the proper final disposition of these defeJTed costs to

14 be made upon conclusion of the FERC proceedings and upon the filing of application for

15 such determination with the NMPRC. A copy of this letter is attached to my testimony as

16 Exhibit CTP-1.0n October 29, 2015, the FERC issued an order approving a negotiated

17 global settlement with SPS of the FERC cases. This marked the official te1mination of the

18 FERC cases. The refund amount reflects the balance remaining after RCEC has deducted

19 the costs and expenses incurred for these proceedings that have been accounted for on

20 RCEC's books under Account 186 per the NMPRC's directive. RCEC now makes

21 application with the NMPRC to refund these amounts to the members of RCEC.

3

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DIRECT TESTIMONY OF CASE NO. Ilx - QQ/] ~ -UT

Q. PLEASE PROVIDE AN ACCOUNTING OF THE LEGAL AND CONSULTING

2 EXPENSES INCURRED FOR WHICH YOU SEEK TO RECOVER AT THIS

3 TIME.

4 A: RCEC incurred a total of $254,5 12.07 in legal and consulting expenses associated with

5 these FERC cases. RCEC received refunds as a result of active patticipation, negotiations

6 and settlements totaling $427,973.17. The net defeITed amount due to be refunded to the

7 membership of RCEC is $173,461.10. Each of the charges and refunds are itemized on

8 Exhibit CTP-2, attached hereto . RCEC can make copies ofthe paid invoices available upon

9 request.

10 Q. DID RCEC KEEP THE COMMISSION APPRISED OF THESE EXPENSES

11 DURING THE COURSE OF THE FERC LITIGATION?

12 A: RCEC had numerous discussions with NMPRC staff throughout the FERC proceedings to

13 provide updates on the progress of our efforts. These detailed discussions and briefing

14 sessions involved three other cooperatives with similar issues. Staff was also actively

15 involved in our deliberations concerning the eventual decision to tenninate our full

16 requirements contract with SPS and become members of Western Fanners Electric

17 Cooperative.

18 Q. WHAT OTHER COSTS OR BENEFITS WERE ASSOCIATED WITH THE

19 OUTCOME OF THE FERC PROCEEDINGS THAT THE RCEC MEMBERS

20 WILL INCUR OR RECEIVE THE BENEFIT FROM?

21 A: Over the course of the FERC proceedings, some issues were settled with resulting lower

22 wholesale power rates, transmission rates or fuel charges than otherwise were originally

23 demanded by SPS. Therefore, each time there was a settlement of an issue involving rates

4

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DIRECT TESTIMONY OF CASE NO. /{p- 00114 -UT

for power, trans1nission or fue l, the members of RCEC benefited from these lower rates

2 and fuel charges from SPS. This is particularly significant given that wholesale purchased

3 power represented 57 percent of the total expenses for RCEC in 2015. Over the course of

4 the proceedings, I estimate that wholesale purchased power represented between 60 to 65%

5 of the total expenses. RCEC members will also benefit going forward from the date of the

6 global settlement with lower wholesale power costs. The global settlement agreement

7 provides, among other things, that SPS will reduce the return on equity ("ROE") factor in

8 our wholesale power contract from 10.5% to 10.0% effective October 20, 2014 and further

9 will reduce the base ROE used in SPS's transmission fonnula rate from 10.77% to 10.0%,

10 also effective October 20, 2014. In addition, the global settlement agreement provides that

11 SPS will implement lower depreciation rates applicable to our wholesale rate, effective

12 January 1, 2015. Therefore, RCEC members have already benefitted and will continue to

13 benefit from the global settlement going forward.

14 To be fair, RCEC members did incur some limited, additional costs associated with

15 pa1ticipation in the cases. These costs, which were not defeITed, consisted primarily of

16 employee payroll and expenses to attend FERC hearings and settlement meetings. I was

17 primarily the only employee attending the meetings on behalfof RCEC.

18 Q. HOW DID RCEC RECOVER THE EXPENSES THAT WERE NOT DEFERRED?

19 A. Expenses not deferred were primarily travel, meals and my salary, which was expensed

20 under RCEC' s Administrative and General Expense Account 930.

2 1 Q. WHY DID THE RCEC WAIT UNTIL NOW TO SEEK RECOVERY OF THE

22 EXPENSES ASSOCIATED WITH THESE FERC PROCEEDINGS AND TO

5

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DIRECT TESTIMONY OF CASE NO. /lr - D.211'ff. -UT

REFUND THE MONIES OBTAINED AS A RESULT OF THE SUCCESSFUL

2 OUTCOME?

3 A: As indicated above, the FERC only recently issued an order approvmg the global

4 settlement of the cases on October 29, 2015. This order is attached as Exhibit CTP-3.

5 Following the issuance of the order, the pa11ies were required to withdraw ce11ain

6 pleadings, whereby the attorneys for RCEC withdrew four such previously filed pleadings

7 on December 11, 2015. Since that time, RCEC staff has spent considerable time reconciling

8 all of the charges to make ce11ain all of the charges are correct and we could file the

9 necessary information in this proceeding to accurately reflect the costs and benefits of the

10 litigation. These FERC cases have spanned over a decade. Unfo11unately, the process

11 within the FERC does tend to be cumbersome. The administrative process does not operate

12 quickly and often there are long periods of time between the initiation of a proceeding and

13 the ultimate decision.

14 Q. ARE THERE ANY OTHER LITIGATION EXPENSES WHICH THE RCEC IS

15 STILL DEFERRING IN CONNECTION WITH FERC LITIGATION OR ANY

16 OTHER LITIGATION INVOLVING DISPUTES WITH YOUR PAST OR

17 PRESENT POWER SUPPLY CONTRACTUAL RELATIONSHIPS?

18 A: No, there are no other litigation expenses being deferred by RCEC.

19 Q. PLEASE IDENTIFY THE MANNER IN WHICH YOU PROPOSE TO RECOVER

20 COSTS INCURRED IN THE FERC PROCEEDINGS AND REFUND MONIES

21 THAT WERE RECOVERED AS A RESULT OF THE OUTCOME OF THESE

22 PROCEEDINGS.

6

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DIRECT TESTIMONY OF CASENO. /(p -OOlt d- -UT

A: RCEC proposes to refund the monies to our members tlu·ough the use of our Fuel and

2 Purchased Power Cost Adjustment C lause (FPPCAC) balancing account subj ect to

3 NMPRC approval. Currently the NMPRC has approved RCEC's use of a six month rolling

4 average fuel factor approved in Case No. 15-00354-UT. Placing the monies within the

5 FPPCAC balancing account will have the effect of reducing the FPPCAC factor charged

6 to members on a per kilowatt-hour (kwh) purchased basis.

7 Q. OVER WHAT TIME PERIOD WILL COSTS BE RECOVERED AND MONIES

8 FULLY REFUNDED TO MEMBERS?

9 A: RCEC proposes to return the monies over the course of a 12 month period by placing 12

10 equal installments within the FPPCAC Balancing Account.

11 Q. PLEASE EXPLAIN WHY THE PROPOSED REFUND AND COST RECOVERY

12 METHODOLOGY IS JUST AND REASONABLE TO MEMBERS.

13 A: RCEC believes by placing 12 equal installments within the FPPCAC Balancing Account,

14 all members of RCEC, including seasonal members, will benefit from the cooperative 's

15 successful participation in the FERC proceedings.

16 Q. WERE OTHER ALTERNATIVES CONSIDERED AND REJECTED BY THE

17 RCEC?

18 A: RCEC considered issuing checks to all current customers based on kwh purchased over

19 some period such as the cunent month, but that would be difficult, unnecessarily expensive

20 and could potentially be deemed discriminatory by members especially depending on the

21 timing of approval and given RCEC's seasonal irrigation members.

22 RCEC considered the use of a rate rider to return the monies but again this would be

23 difficult to calculate and could potentially be deemed discriminatory as discussed above.

7

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DIRECT TESTIMONY OF CASE NO. I (jJ -00(1 d- -UT

RCEC considered placing the full amount within the FPPCAC Balancing Account as a

2 one-time payment and then allow the monies to be returned. This retmn would primarily

3 occur over a six-month period with a higher proportion of the return weighted towards the

4 initial month and progressively declining over the following months. Depending on the

5 timing ofdoing so, all members may not see a resulting benefit such as seasonal iITigation

6 members. RCEC discussed the cmTent proposed approach with NMPRC Staff and believe

7 the proposed methodology is preferred and in the best interests of the RCEC membership

8 as a whole.

9 Q. IS RCEC CURRENTLY IN COMPLIANCE WITH ALL THE APPLICABLE

10 PROVISIONS OF THE COMMISSION'S RULE 550?

11 A: Yes, RCEC is cmTently in compliance with Rule 550 and has an approved variance to use

12 a six-month rolling average methodology as approved on December 16, 2015 in Case No.

13 15-00354-UT.

14 Q. WHY IS THE RCEC REQUESTING THAT THIS REFUND METHODOLOGY BE

15 APPROVED WITHOUT A HEARING?

16 A: The operation of the fuel clause affords an efficient and economical means of returning the

17 monies to members without incmTing substantial additional legal expenses to have a fonnal

18 proceeding.

19 Q. DOES THIS CONCLUDE YOUR TESTIMONY?

20 A: Yes

21

8

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VENDOR DATE INVOICE# GL # 186.50 GL # 186.51 GL # 186.51 GL # 186.53 GL # 186.55 GL # 186.56 GL # 186.58 GL # 186.51

Trani minion Cue s.ectlon 206ilnalysls SPS SPS 2008

Case ER04-1174 Case ER05-168 Case EROS--19 TRANS RATE Case ER06-274 Case ER08-313 GENERATION CASE Case EL05-151

DUNCAN,WEINBERG,GENZER&PEMBROKE 11/2004 15733 611.31

GDS ASSOCIATES, INC. 03/2005 41714 314.61

GDS ASSOCIATES, INC. 03/2005 41694 164.69

DUNCAN,WEINBERG,GENZER&PEMBROKE 03/2005 15964 740.00

GOLDEN SPREAD ELECTRIC COOP. INC. 03/2005 STMT 03/2005 1,319.90

DUNCAN,WEINBERG,GENZER&PEMBROKE 03/2005 JE 05-29 1,858.39

GOLDEN SPREAD ELECTRIC COOP. INC. 03/2005 STMT-03/2005 3,873.68

GDS ASSOCIATES, INC. 04/2005 42243 1,019.48

OUNCAN,WEINBERG,GENZER&PEMBROKE 04/2005 16105 2,705.52

GDS ASSOCIATES, INC. 04/2005 42245 150.47

LEA COUNTY ELECTRIC COOP (GOS ASSOC.) OS/2005 30.52

LEA COUNTY ELECTRIC COOP (GDS ASSOC.) OS/200S 61.04

LEA COUNTY ELECTRIC COOP (GOS ASSOC.) OS/200S 45.84

GOS ASSOCIATES, INC. OS/2005 42678 386.77

GOS ASSOCIATES, INC. OS/2005 42679 1,468.79

GOS ASSOCIATES, INC. 06/2005 43046 261.70

GDS ASSOCIATES, INC. 06/2005 43047 228.95

LEA COUNTY ELECTRIC COOP (GDS ASSOC) 07/2005 30.52

GDS ASSOCIATES, INC. 07/2005 43858 195.50

OUNCAN,WEINBERG,GENZER&PEMBROKE 07/2005 16312 3,601.45

GOS ASSOCIATES, INC. 07/2005 43859 1,S45.94

OUNCAN,WEINBERG,GENZER&PEMBROKE 08/2005 16397 1204.26

LEA COUNTY ELECTRIC COOP (GOS ASSOC.) 08/200S 61.04

GOS ASSOCIATES, INC. 08/2005 44504 187.21

GDS ASSOCIATES, INC. 08/2005 4450S 2,287.99

OUNCAN,WEINBERG,GEN ZER&PEMBROKE 09/200S 16532 3,438.80

GDS ASSOCIATES, INC. 09/200S 4S186 12.58

GDS ASSOCIATES, INC. 09/2005 45187 1,138.02

GOS ASSOCIATES , INC. 11/2005 4S916 79.48

DUNCAN,WEINBERG,GENZER&PEMBROKE 11/2005 1,087.48

GOS ASSOCIATES, INC. 11/2005 4S909 3S6.43

DUNCAN,WEINBERG,GENZER&PEMBROKE 11/2005 STMT-11/200S 4,4S8.37

LEA COUNTY ELECTRIC COOP (GOS ASSOC.) 11/2005 96S03-0l-01 1,432.84

GDS ASSOCIATES, INC. 12/2005 46753 228.38

GOS ASSOCIATES, INC. 12/2005 46705 SSl.09

GDS ASSOCIATES, INC. 12/2005 46996 2,2S9.53

CORRECT FERC CASE EXPENSES 12/2005 JE 05-223 (15,254.73)

FRED SAFFER & ASSOC INC. 12/2005 131203 16,650.00

GDS ASSOCIATES, INC. 01/2006 47414 14.43

OUNCAN,WEINBERG,GENZER&PEMBROKE 01/2006 16809 919.25

GDS ASSOCIATES, INC. 01/2006 47415 586.26

OUNCAN,WEINBERG,GENZER&PEMBROKE 01/2006 16809 4,811.50

LEA COUNTY ELECTRIC COOP (GDS ASSOC.) 01/2006 45.78

FRED SAFFER & ASSOC INC. 02/2006 140103 1,043.31

GDS ASSOCIATES, INC. 03/2006 4827S 8.09

GDS ASSOCIATES, INC. 03/2006 48612 43.53

OUNCAN,WEINBERG,GEN ZER&PEMBROKE 03/2006 17007 1,020.30

OUNCAN,WEINBERG,GENZER&PEMBROKE 03/2006 16899 S89.47

GOS ASSOCIATES, INC. 03/2006 48276 SS0.64

GOS ASSOCIATES, INC. 03/2006 48613 1,074.18

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DUNCAN,WEINBERG,GENZER&PEMBROKE 03/2006 17007 2,518.43

DUNCAN, WEINBERG,GENZER&PEMBROKE 03/2006 16899 7,041.40

DUNCAN, WEINBERG,GENZER&PEMBROKE 03/2006 16946 1,717.10

FRED SAFFER & ASSOC INC. 03/2006 140207 754.20

FRED SAFFER & ASSOC INC. 03/2006 140203 1,583.82

DUNCAN,WEINBERG,GENZER&PEMBROKE 03/2006 17008 802.13

GDS ASSOCIATES, INC. 04/2006 49168 3.52

GOS ASSOCIATES, INC. 04/2006 49169 2,127.16

FRED SAFFER & ASSOC INC. 04/2006 140308 2,073.45

FRED SAFFER & ASSOC INC. 04/2006 140307 1,275.28

DUNCAN, WEINBERG,GENZER&PEMBROKE 05/2006 17160 473.14

GDS ASSOCIATES, INC. 05/2006 49870 611.75

DUNCAN,WEINBERG,GENZER&PEMBROKE 05/2006 17160 6,819.11

FRED SAFFER & ASSOC I NC. 05/2006 140408 3,261.03

DUNCAN, WEINBERG,GENZER&PEMBROKE 05/2006 17161 750.40

GDS ASSOCIATES, INC. 06/2006 50697 16.33

DUNCAN, WEINBERG,GENZER&PEMBROKE 06/2006 17160 90.87

GDS ASSOCIATES, INC. 06/2006 50698 47.90

DUNCAN,WEINBERG,GENZER&PEMBROKE 06/2006 17226 7,986.00

DUNCAN,WEINBERG,GENZER&PEMBROKE 06/2006 17225 1,379.63

FRED SAFFER & ASSOC INC. 06/2006 140S8 2,111.19

DUNCAN, WEINBERG,G ENZER&PEMBROKE 07/2006 17327 928.68

DUNCAN, WEI NBERG,GENZER&P EMBROKE 07/2006 17363 S27.64

GDS ASSOCIATES, INC. 07/2006 51330 27.27

GOS ASSOCIATES, INC. 07/2006 55134 243.S9

DUNCAN, WEI NBERG,GENZER&PEMBROKE 07/2006 17327 5,238.02

DUNCAN, WEI NBERG,GENZER&PEMBROKE 07/2006 17363 3,742.09

DUNCAN, WEI NBERG,GENZER&PEMBROKE 07/2006 17326 1,486.64

FRED SAFFER & ASSOC INC. 07/2006 140608 3,1S2.14

DUNCAN,WEINBERG,GENZER&PEMBROKE 07/2006 17364 649.S5

GOS ASSOCIATES, INC. 08/2006 51890 11.18

DUNCAN,WEINBERG,GENZER&PEMBROKE 08/2006 17484 269.49

GOS ASSOCIATES, INC. 08/2006 S1891 200.83

DUNCAN,WEINBERG,GENZER&PEMBROKE 08/2006 17484 1,682.72

FRED SAFFER & ASSOC INC. 08/2006 140706 762.16

FRED SAFFER & ASSOC INC. 08/2006 140707 1,694.44

DUNCAN, WEI NBERG,G ENZER&P EMBROKE 08/2006 17472 962.94

FRED SAFFER & ASSOC INC. 09/2006 140811 841.35

DUNCAN, WEINBERG,GENZER&PEMBROKE 10/2006 17571 24.25

FRED SAFFER & ASSOC INC. 10/2006 140911 620.12

DUNCAN, WEINBERG,G ENZER&P EMBROKE 10/2006 17570 1,777.83

DUNCAN, WEINBERG,G ENZER&P EMBROKE 11/2006 17659 1,449.61

DUNCAN, WEI NBERG,GENZER&P EMBROKE 11/2006 17660 777.85

FRED SAFFER & ASSOC INC. 11/2006 141010 1,505.05

DUNCAN, WEI NBERG,GENZER&PEMBROKE 12/2006 17753 2,614.90

XCEL ENERGY 12/2006 CK 109874 (4,239.17)

FRED SAFFER & ASSOC INC. 12/2006 141110 1,406.16

DUNCAN,WEINBERG,GENZER&PEMBROKE 12/2006 17750 1,242.32

DUNCAN, WEI NBERG,GENZER&PEMBROKE 12/2006 17819 1,339.10

FRED SAFFER & ASSOC INC. 01/2007 141210 1,407.84

DUNCAN, WEI NBERG,G ENZER&P EMBROKE 02/2007 17913 5.85

DUNCAN, WEI NBERG,GENZER&PEMBROKE 02/2007 CK 28096 (13,721.24)

CORRECT OVERPYMT DUNCAN 02/2007 JE 07-29 12,621.05

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DUNCAN,WEINBERG,GENZER&PEMBROKE FRED SAFFER & ASSOC INC. DUNCAN,WEINBERG,GENZER&PEMBROKE FRED SAFFER & ASSOC INC. DUNCAN,WEINBERG,GENZER&PEMBROKE FERC CASE PRORATED EXPENSE DUNCAN,WEINBERG,GENZER&PEMBROKE

FRED SAFFER & ASSOC INC. DUNCAN,WEINBERG,GENZER&PEMBROKE

FRED SAFFER & ASSOC INC. DUNCAN,WEINBERG,GENZER&PEMBROKE DUNCAN,WEI NBERG,GENZER&PEMBROKE SPS POWER BILL REVISED SPP RATE CASE

DUNCAN,WEINBERG,GENZER&PEMBROKE FRED SAFFER & ASSOC INC. DUNCAN,WEINBERG,GENZER&PEMBROKE DUNCAN,WEI NBERG,GENZER&PEMBROKE DUNCAN,WEI NBERG,GENZER&PEMBROKE DUNCAN,WEINBERG,GENZER&PEMBROKE SPS POWER BILL REFUND FERC DUNCAN,WEINBERG,GENZER&PEMBROKE DUNCAN,WEINBERG,GENZER&PEMBROKE DUNCAN,WEINBERG,GENZER&PEMBROKE DUNCAN,WEINBERG,GENZER&PEMBROKE DUNCAN,WEINBERG,GENZER&PEMBROKE DUNCAN,WEINBERG,GENZER&PEMBROKE DUNCAN,WEINBERG,GENZER&PEMBROKE DUNCAN,WEINBERG,GENZER&PEMBROKE FRED SAFFER & ASSOC INC. FRED SAFFER & ASSOC INC. FRED SAFFER & ASSOC INC. DUNCAN, WEI NBERG,GENZER&PEMBROKE DUNCAN,WEINBERG,GENZER&PEMBROKE DUNCAN,WEINBERG,GENZER&PEMBROKE DUNCAN,WEINBERG,GENZER&PEMBROKE DUNCAN,WEI NBERG,GENZER&PEMBROKE

J.W. WILSON & ASSOC INC. FRED SAFFER & ASSOC INC. DUNCAN,WEI NBERG,GENZER&PEMBROKE DUNCAN,WEINBERG,GENZER&PEMBROKE

J. W. WILSON & ASSOC INC. FRED SAFFER & ASSOC INC. DUNCAN,WEINBERG,GENZER&PEMBROKE DUNCAN,WEINBERG,GENZER&PEMBROKE DUNCAN,WEINBERG,GENZER&PEMBROKE

J.W. WILSON & ASSOC INC. FRED SAFFER & ASSOC INC. DUNCAN,WEINBERG,GENZER&PEMBROKE DUNCAN,WEINBERG,GENZER&PEMBROKE

FRED SAFFER & ASSOC INC. DUNCAN,WEINBERG,GENZER&PEMBROKE

FRED SAFFER & ASSOC INC. DUNCAN,WEINBERG,GENZER&PEMBROKE

02/2007 02/2007 03/2007 03/2007 04/2007 04/2007

04/2007 04/2007 05/2007

05/2007 05/2007 06/2007

06/2007 06/2007

06/2007 07/2007

07/2007 07/2007 09/2007 09/2007 10/2007

11/2007 12/2007 02/2008 02/2008 02/2008 03/2008 03/2008

03/2008 03/2008

03/2008 04/2008 04/2008 05/2008 OS/2008 05/2008 OS/2008

05/2008 06/2008

06/2008 06/2008 06/2008

07/ 2008 07/2008

07/2008 07/2008

07/2008 08/2008 08/2008 08/2008 08/2008 08/2008 09/2008

17914 1,298.81

150108 1,273.76

18009 1,76S.80

150208 1,064.26

18124 111.12

JE 07-58 (101.70) 18127 l,78S.19

150308 881.58

18219 34.60

150408 564.81

18220 1,679.59

1831S 11.3S FJE 07-64 157.04

18316 891.66

150503 1.784.42

18447 21.20 18448 116.21

18361 781.17

18560 872.68

FJE 07-64 (10,720.76)

18651 109.48

18730 1,268.00

18834 786.33

18917 726.88

18959 928.8S

18960 19080 472.76

19083 160203

JE 08-24 JE 08-24

19175 803.91

19176 19264 19265 37.18

19266

160412 19348 6S8.06

19349

160S09 19434

1943S 87.59

19436

80612

19530 9S0.76

19S31 1,035.81

80716 1,086.0S

19532 80712

19622 928.29

2,893.99

2,169.07 2,662.64

773.S6 2,803.74

1,554.36 48.12

2,170.02 2,429.SO

1,384.15

1,S92.S7 186.45

1,129.19 3,596.33

385.33

l ,2SO.OO 1,300.64

1,408.63 646.63

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DUNCAN,WEINBERG,GENZER&PEMBROKE 09/2008 19623 489.76

DUNCAN,WEINBERG,GENZER&PEMBROKE 09/2008 19624 2,602.96

DUNCAN,WEINBERG,GENZER&PEMBROKE 10/2008 19704 1,777.06

DUNCAN,WEINBERG,GENZER&PEMBROKE 10/2008 19705 93.94

FRED SAFF ER & ASSOC INC. 10/2008 80816 1,132.98

DUNCAN,WEINBERG,GENZER&PEMBROKE 10/2008 19706 2,898.82

FRED SAFFER & ASSOC INC. 10/2008 80812 1,105.54

FRED SAFFER & ASSOC INC. 10/2008 80912 1,224.91

DUNCAN,WEINBERG,GENZER&PEM BROKE 11/2008 19759 727.05

DUNCAN,WEINBERG,GENZER&PEMBROKE 11/2008 19760 165.63

FRED SAFFER & ASSOC INC. 11/2008 81003 862.53

DUNCAN,WEINBERG,GENZER&PEMBROKE 11/2008 19761 1,114.48

FRED SAFFER & ASSOC INC. 11/2008 81012 952.22

DUNCAN,WEINBERG,GENZER&PEMBROKE 12/2008 19855 680.81

DUNCAN,WEINBERG,GENZER&PEMBROKE 12/2008 19856 1,393.38

DUNCAN,WEINBERG,GENZER&PEMBROKE 12/2008 19857 2,644.30

DUNCAN, WEINBERG,GENZER&PEMBROKE 01/2009 19946 341.96

FRED SAFFER & ASSOC INC. 01/2009 81116 951.97

FRED SAFFER & ASSOC INC. 01/2009 81216 1,062.58

DUNCAN,WEINBERG,GENZER&PEMBROKE 01/2009 19947 1,345.17

FRED SAFFER & ASSOC INC. 01/2009 81112 1,037.94

FRED SAFFER & ASSOC INC. 01/2009 81212 1,135.49

DUNCAN,WEINBERG,GENZER&PEM BROKE 02/2009 STMT-02/13/09 529.30

XCEL ENERGY 02/2009 ck #150977 (281, 755.14)

DUNCAN,WEINBERG,GENZER&PEMBROKE 02/2009 20064 3,097.04

DUNCAN,WEINBERG,GENZER&PEMBROKE 03/2009 20121 117.26

FRED SAFFER & ASSOC INC. 03/2009 90218 930.18

DUNCAN,WEINBERG,GENZER&PEMBROKE 03/2009 20122 2,442.14

FRED SAFFER & ASSOC INC. 03/2009 90214 1,905.51

DUNCAN,WEINBERG,GENZER&PEMBROKE 04/2009 20194 30.27

DUNCAN,WEINBERG,GENZER&PEMBROKE 04/2009 20195 2,156.08

FRED SAFFER & ASSOC INC. 04/2009 90314 1,571.85

DUNCAN,WEINBERG,GENZER&PEMBROKE 05/2009 20321 1,675.75

FRED SAFFER & ASSOC INC. 05/2009 90414 536.51

DUNCAN,WEINBERG,GENZER&PEMBROKE 06/2009 20399 2,990.94

FRED SAFFER & ASSOC INC. 06/2009 90509 536.51

DUNCAN, WEINBERG,GENZER&PEMBROKE 07/2009 20562 58.37

DUNCAN,WEINBERG,GENZER&PEMBROKE 07/2009 20563 4,526.75

DUNCAN, WEINBERG,GENZER&PEMBROKE 08/2009 20659 4,547.78

DUNCAN,WEINBERG,GENZER&PEMBROKE 09/2009 20753 53.34

DUNCAN, WEINBERG,GENZER&PEMBROKE 09/2009 20754 669.55

DUNCAN, WEINBERG,GENZER&PEMBROKE 09/2009 20757 796.18

DUNCAN, WEINBERG,GENZER&PEMBROKE 10/2009 20791 1,786.46

DUNCAN,WEINBERG,GENZER&PEMBROKE 11/2009 20869 1,702.82

DUNCAN, WEINBERG,GENZER&PEMBROKE 12/2009 21011 2,441.78

DUNCAN,WEINBERG,GENZER&PEMBROKE 01/2010 21049 1,973.68

DUNCAN, WEINBERG,GENZER&PEMBROKE 02/ 2010 21177 1,985.68

DUNCAN, WEINBERG,GENZER& PEMBROKE 03/2010 21215 2,818.21

DUNCAN,WEINBERG,GENZER&PEMBROKE 04/2010 21347 2,638.46

DUNCAN, WEINBERG,GENZER&PEM BROKE 05/2010 21383 4,500.52

DUNCAN,WEINBERG,GENZER&PEMBROKE 06/2010 21513 4,291.85

DUNCAN, WEINBERG,GENZER&PEMBROKE 07/2010 21606 640.71

DUNCAN,WEINBERG,GENZER&PEMBROKE 08/2010 21704 394.30

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XCEL ENERGY 08/2010 CK# 176554 (141,978.86)

DUNCAN,WEINBERG,GENZER&PEMBROKE 09/2010 21807 36.70

DUNCAN,WEINBERG,GENZER&PEMBROKE 09/2010 JE 10-105 (1,180.00)

DUNCAN,WEINBERG,GENZER&PEMBROKE 10/2010 21900 288.99

DUNCAN,WEINBERG,GENZER&PEMBROKE 11/2010 21998 69.76

DUNCAN,WEINBERG,GENZER&PEMBROKE 12/2010 22014 235.86

DUNCAN,WEINBERG,GENZER&PEMBROKE 02/2011 22262 59.79

DUNCAN,WEINBERG,GENZER&PEMBROKE 05/2011 22498 49.83

DUNCAN, WEI NBERG,GENZER&PEMBROKE 08/2011 22753 971.79

DUNCAN,WEINBERG,GENZER&PEMBROKE 09/2011 22922 89.69

DUNCAN, WEI NBERG,GENZER&PEMBROKE 09/2011 22833 348.81

DUNCAN, WEI NBERG,GENZER&PEMBROKE 11/2011 22997 19.93

DUNCAN, WEINBERG,GENZER&PEMBROKE 12/2011 23088 697.56

DUNCAN, WEINBERG,GENZER&PEMBROKE 12/2011 JE 11-216 49.83

CORRECT 2011 A/P INVOICE 01/2012 JE 12-09 (2,287.23)

TOTALS 23,263.91 68,444.97 (419,978.15) 45.78 56,237.27 80,413.58 14,467.09 3644.45 (173,461.10)