Xcel’s 2008 SEC 10-K

March 7th, 2009


Haven’t a clue why I couldn’t find it before, but here it is, and here’s the good news:

Xcel Minnesota peak demand is down… way down…

Xcel’s 2008 10-K filed February 23, 2009

From their 10-k, p. 10:

Capacity and Demand

Uninterrupted system peak demand for the NSP System’s electric utility for each of the last three years and the forecast for 2009, assuming normal weather, is listed below.

System Peak Demand (in MW)
2006         2007         2008         2009 Forecast
9,859        9,427         8,697             9,662

The peak demand for the NSP System typically occurs in the summer. The 2008 system peak demand for the NSP System occurred on July 29, 2008.

So please explain — if peak demand drops 7%, nearly 8%, what’s their basis for thinking it will increase over 1,000MW next year?

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