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In North Dakota, our operating utility Northern States Power Company-Minnesota is primarily engaged in the purchase, transmission, distribution and sale of electricity and the purchase, transportation, distribution and sale of natural gas to retail customers. The company also transports customer-owned natural gas. The North Dakota Public Service Commission regulates the company for state issues, and federal regulatory agencies oversee other aspects of its operations.
The Fuel Clause Adjustment recovers the costs of fuel used to produce electricity and energy purchased on the wholesale electricity market. This adjustment changes monthly as the cost of fuel and purchased energy fluctuates throughout the year.
The table below shows the Fuel Clause Adjustment for the current and previous month.
|$/kwh||October 2014||November 2014|
|C&I TOD1 On-Peak||$0.04019||$0.02521|
|C&I TOD1 Off-Peak||$0.02498||$0.01567|
|1 Time of Day (TOD)|
The electric charges usage period on your bill typically spans parts of two calendar months according to the billing cycle. The Fuel Cost Charge line item reflects a prorated or blended charge to match this usage period. The amount is based on the number of billed days and the corresponding effective fuel cost charges for each calendar month. For example, a metered customer's bill with usage period from June 15 to July 15, this customer is billed 15 days for June fuel cost charge and 15 days for July fuel cost charge.
The “Cost of Gas” on your bill reflects the expected cost of natural gas in a given month. If your billing period spans two calendar months, the COG will be pro-rated to match the period.
|Current Values for COG by class||October 2014 $/therm||November 2014 $/therm|
|Commercial & Industrial||$0.51164||$0.57196|
The COG is a mechanism designed to recover the current cost of gas supply. Because of the volatility in the cost of gas supply, a monthly adjustment is needed to raise or lower rates to reflect current market prices.
The COG also includes a true-up factor. Every September, Xcel Energy determines how much gas expense was incurred for the previous July - June compared to the amount Xcel Energy collected from customers. Any over- or under-recovery is divided by customers’ forecasted sales to develop the true-up factor. The true-up ensures that Xcel Energy collects the actual cost of gas supply, no more and no less.
|Current Values for True-up (by class)||September 2014 - August 2015 $/therm|
|Commercial & Industrial||$0.06527|
Our products and services differ based on state. Please select your state (or the state you're interested in) from the list to the left.
Why do our products and services differ based on state? Because our business is regulated by state. We have regulated operations in eight Western and Midwestern states. The different regulatory body for each state we serve determines what products and services we deliver in that state.