Legalectric

This came up when our house deal was making life complicated, and then I was off in Colorado, so I didn’t get it posted, now it’s time to catch up!

Xcel went to the PUC for changes in its Capital Organization wiggle-room, and got what they wanted, with some additional reporting requirements.

What I’m noticing is that something like this that ‘s SO important, like the Otter Tail Power “Standstill Agreement,” and like the Otter Tail Power “Standstill Agreement,” there’s enviro silence.  Nobody is on this… why?

Xcel Request – 2011 Capital Organization – Part I

Xcel Request – 2011 Capital Organization – Part II

Xcel Request – 2011 Capital Organization – Part 3

OES Comments

Staff Briefing Papers

Commission Order – Jan 14 2011

Thankfully Bob Geiger, Finance & Commerce, was:

Utilities fielding $2B in projects for 2011

Posted: 5:17 pm Fri, January 7, 2011
By Bob Geiger

Wind, transmission line projects part of busy year for power providers

Minnesota utilities are powering up in 2011, submitting capital spending plans and proposals on power projects that will cost nearly $2 billion.

Utilities’ spending for 2011 is dominated by wind energy projects and planning the CapX2020 network of transmission lines to carry that power to consumers.

Neighbors and conservation groups are strongly opposed to several of the projects involved in these already-approved 2011 spending plans.

Minneapolis-based Xcel Energy leads utilities in capital spending after the Minnesota Public Utilities Commission (MPUC) on Thursday unanimously approved Xcel’s plans to spend $1.2 billion in 2011.

The regulatory board voted to let Xcel issue a variety of securities to help cover its 2011 capital spending.

According to documents filed with the MPUC, Xcel plans to pay for the capital projects with short-term debt and multiyear credit agreements, a $300 million long-term debt issue in the third quarter and $190 million in cash.
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It’s all been happening over at NoCapX 2020 — there’s exciting news to publish here on other things, but no time until after tomorrow at 4:30!!

This is a big week at the Minnesota Public Utilities Commission.  They’re going to hear our arguments and decide whether CapX 2020 transmission, Phase I, is “needed” or not… a lot is riding on this, the direction of Minnesota’s energy future.  Will we be doing it differently, or will we be stuck in the same central station coal scenario?

CapX Certificate of Need Argument & Deliberation

April 15th & 16, starting at 9:30 a.m.

Public Utilities Commission

Large Hearing Room – 3rd Floor

121 – 7th St. East

St. Paul, MN  55101