Northern States Power Company, a Minnesota corporation Minneapolis, Minnesota SOUTH DAKOTA ELECTRIC RATE BOOK SDPUC NO. 2

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Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK SPUC NO. 2 RATE SCHEULES TABLE OF CONTENTS th Revised Sheet No. Cancelling 4th Revised Sheet No. 1 1 tem Sheet No. RESENTAL 1. Residential Service... -1.1 2. Residential Time of ay Service... -2 3. Energy Controlled Service (Non-emand Metered)... -7 4. Residential Heat Pump Service (Two Meter Rate)... -9. Limited Off Peak Service... -11 6. Rules for Application of Residential Rates... -13 7. Automatic Protective Lighting Service... -14 GENERAL 8. Small General Service... -21 9. Small General Time of ay Service (Metered and Unmetered)... -23 10. General Service... -2 11. General Time of ay Service... -28 12. Peak Controlled Service... -31 13. Peak Controlled Time of ay Service... -34 14. Rules for Application of Peak Controlled Service... -38 1. Energy Controlled Service... -40 MUNCPAL 16. Street Lighting System Service... -6 17. Street Lighting Energy Service... -7 18. Street Lighting Energy Service - Metered... -9 19. Rules for Application of Street Lighting Rates... -60 20. Fire and Civil efense Siren Service... -63 RER 21. Fuel Clause Rider... -64 22. Surcharge Rider... -6 23. Residential Controlled Air Conditioning and Water Heating Rider... -66 24. Commercial and ndustrial Controlled Air Conditioning Rider... -67.1 2. Standby Service Rider... -68 26. Transmission Cost Recovery Rider... -71 27. Environmental Cost Recovery Rider... -72 28. emand Side Management Cost Adjustment Factor... -73 29. nfrastructure Rider... -74 ate Filed: 06-23-14 By: Christopher B. Clark Effective ate: 07-01-1 President, Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: 06-16-1 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 01_r0.doc

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 RESENTAL SERVCE RATE COE E01, E03 3rd Revised Sheet No. Cancelling 2nd Revised Sheet No. 1.1 1.1 AVALABLTY Available to any residential customer for domestic purposes only, in a single private residence. RATE Customer Charge per Month Overhead (E01) $8.2 Underground (E03) $10.2 First 1,000 Excess Energy Charge per kwh kwh per Month kwh per Month June - September $0.09071 $0.09071 Other Months Without Electric Space Heating $0.0703 $0.0723 Electric Space Heating $0.0703 $0.04803 FUEL CLAUSE Bills subject to the adjustment provided for in Fuel Clause Rider. OTHER RERS Bills are subject to the adjustments provided for in the Transmission Cost Recovery Rider, the Environmental Cost Recovery Rider, the emand Side Management Cost Adjustment Factor and the nfrastructure Rider. MONTHLY MNMUM CHARGE Customer Charge. SURCHARGE n certain communities, bills are subject to a surcharge provided for in Surcharge Rider. LATE PAYMENT CHARGE A late payment charge of 1% of the unpaid balance will be added to the next month's bill after the date due. OTHER PROVSONS This schedule is also subject to provisions contained in Rules for Application of Residential Rates. ate Filed: 06-23-14 By: Christopher B. Clark Effective ate: 07-01-1 President, Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: 06-16-1 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 01-01_r03.doc

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 RESENTAL TME OF AY SERVCE RATE COE E02, E04 7th Revised Sheet No. Cancelling 6th Revised Sheet No. 2 2 AVALABLTY Available to any residential customer for domestic purposes only, in a single private residence. RATE Customer Charge per Month Overhead (E02) $10.2 Underground (E04) $12.2 On Peak Period Energy Charge per kwh June - September $0.18939 Other Months Without Electric Space Heating $0.14704 Electric Space Heating $0.12444 Off Peak Period Energy Charge per kwh $0.03010 FUEL CLAUSE Bills subject to the adjustment provided for in Fuel Clause Rider. OTHER RERS Bills are subject to the adjustments provided for in the Transmission Cost Recovery Rider, the Environmental Cost Recovery Rider, the emand Side Management Cost Adjustment Factor and the nfrastructure Rider. MONTHLY MNMUM CHARGE Customer Charge. SURCHARGE n certain communities, bills are subject to a surcharge provided for in Surcharge Rider. LATE PAYMENT CHARGE A late payment charge of 1% of the unpaid balance will be added to the next month's bill after the date due. OTHER PROVSONS This schedule is also subject to provisions contained in Rules for Application of Residential Rates. (Continued on Sheet No. -3) ate Filed: 06-23-14 By: Christopher B. Clark Effective ate: 07-01-1 President, Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: 06-16-1 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\Se 02_r07.doc

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 RESENTAL TME OF AY SERVCE (Continued) RATE COE E02 2nd Revised Sheet No. Cancelling 1st Revised Sheet No. 3 3 EFNTON OF PEAK PEROS The on peak period is defined as those hours between 9:00 a.m. and 9:00 p.m. Monday through Friday, except the following holidays: New Year's ay, Good Friday, Memorial ay, ndependence ay, Labor ay, Thanksgiving ay, and Christmas ay. When a designated holiday occurs on Saturday, the preceding Friday will be designated a holiday. When a designated holiday occurs on Sunday, the following Monday will be designated a holiday. The off peak period is defined as all other hours. efinition of on peak and off peak period is subject to change with change in Company's system operating characteristics. OPTONAL TRAL SERVCE Customers may elect time of day service for a trial period of three months. This service is available to a maximum of 100 customers at one time. f a customer chooses to return to non-time of day service after the trial period, the customer will pay a charge of $20.00 for removal of time of day metering equipment. L L TERMS AN CONTONS OF SERVCE 1. Customer selecting the above time of day schedule will remain on this rate for a period of not less than 12 months, except as provided under Optional Trial Service. 2. This schedule is also subject to provisions contained in Rules for Application of Residential Rates. 3. Standby and Supplementary Service is available under this rate subject to the provisions of the General Rules and Regulations and as provided for elsewhere in this rate. ate Filed: 11-12-14 By: avid M. Sparby Effective ate: 01-01-1 President and CEO of Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: N/A S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 03_r02.doc

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 RESENTAL SERVCE - UNERGROUN RATE COE E03 1st Revised Sheet No. Cancelling Original Sheet No. 4 4 CANCELLE T ate Filed: 06-30-09 By: Judy M. Poferl Effective ate: 01-18-10 President and CEO of Northern States Power Company, a Minnesota corporation ocket No. EL09-009 Order ate: 01-12-10 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 04_r01.OC

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 RESENTAL TME OF AY SERVCE - UNERGROUN RATE COE E04 3rd Revised Sheet No. Cancelling 2nd Revised Sheet No. CANCELLE T (Continued on Sheet No. -6) ate Filed: 06-30-09 By: Judy M. Poferl Effective ate: 01-18-10 President and CEO of Northern States Power Company, a Minnesota corporation ocket No. EL09-009 Order ate: 01-12-10 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\Se 0_r03.OC

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 RESENTAL TME OF AY SERVCE - UNERGROUN (Continued) RATE COE E04 1st Revised Sheet No. Cancelling Original Sheet No. 6 6 CANCELLE T ate Filed: 06-30-09 By: Judy M. Poferl Effective ate: 01-18-10 President and CEO of Northern States Power Company, a Minnesota corporation ocket No. EL09-009 Order ate: 01-12-10 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 06_r01.OC

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 ENERGY CONTROLLE SERVCE (NON-EMAN METERE) RATE COE E10 th Revised Sheet No. Cancelling 4th Revised Sheet No. 7 7 AVALABLTY Available to residential and commercial customers with permanently connected interruptible loads of 10 kw to 0 kw, which would be under Company control. The types of loads served would include dual fuel, storage space heating, water heating, and other loads subject to Company approval. RATE Residential Commercial & ndustrial Customer Charge per Month $3.0 $3.0 Energy Charge per kwh Standard $0.04018 $0.04018 Optional June - September $0.09071 $0.08429 Other Months $0.04018 $0.04018 OPTONAL ENERGY CHARGE This option is available to customers with heat pump installations for non-interruptible service during June through September billing months. FUEL CLAUSE Bills subject to the adjustment provided for in Fuel Clause Rider. OTHER RERS Bills are subject to the adjustments provided for in the Transmission Cost Recovery Rider, the Environmental Cost Recovery Rider, the emand Side Management Cost Adjustment Factor and the nfrastructure Rider. SURCHARGE n certain communities, bills are subject to a surcharge provided for in Surcharge Rider. LATE PAYMENT CHARGE A late payment charge of 1% of the unpaid balance will be added to the next month's bill after the date due. TERMS AN CONTONS OF SERVCE 1. The controllable load shall be permanently wired, separately served and metered, and at no time connected to facilities serving customer's firm load. Customer s control system, and other equipment such as circulating fans and pumps, and any alternate fuel related equipment shall be served as firm load. (Continued on Sheet No. -8) ate Filed: 06-23-14 By: Christopher B. Clark Effective ate: 07-01-1 President, Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: 06-16-1 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 07_r0.doc

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 ENERGY CONTROLLE SERVCE (NON-EMAN METERE) (Continued) RATE COE E10 1st Revised Sheet No. Cancelling Original Sheet No. 8 8 TERMS AN CONTONS OF SERVCE (Continued) 2. The duration and frequency of interruptions shall be at the discretion of Company. nterruption will normally occur at such times: a. When Company is required to use oil-fired generation equipment or to purchase power that results in equivalent production cost, b. When Company expects to incur a new system peak, or c. At such times when, in Company's opinion, the reliability of the system is endangered. L L 3. Customer selecting Energy Controlled Service (Non-emand Metered) must remain on this service for a minimum term of one year. 4. Company shall not be liable for any loss or damage caused by or resulting from any interruption of service.. Electricity must be the primary source of energy for space heating in dual fuel installations. Customer must be prepared to supply up to 30% of the annual heating needs during any heating season from alternative fuel. 6. Customer must provide a load-break switch or circuit breaker equipped with an electrical trip and close circuit allowing for remote operation of customer s switch or circuit breaker by Company. Customer must wire the trip and close circuit into a connection point designated by Company and install the remote control equipment provided by Company. Company reserves the right to inspect and approve the remote control installation. 7. Company will keep this service available for a minimum of five years. ate Filed: 11-12-14 By: avid M. Sparby Effective ate: 01-01-1 President and CEO of Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: N/A S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 08_r01.doc

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 RESENTAL HEAT PUMP SERVCE (TWO METER RATE) RATE COE E06 th Revised Sheet No. Cancelling 4th Revised Sheet No. 9 9 AVALABLTY Available to residential customers with air source or ground source heat pumps. This rate is for residences with separately metered heat pumps. Electric space and water heaters, air handling equipment, and circulating pumps may be served by this rate with prior Company approval. This meter will have a direct load control device that is controlled by the Company. RATE Customer Charge per Month $3.0 Energy Charge per kwh June - September $0.07281 Other Months $0.04678 FUEL CLAUSE Bills are subject to the adjustment provided for in the Fuel Clause Rider. OTHER RERS Bills are subject to the adjustments provided for in the Transmission Cost Recovery Rider, the Environmental Cost Recovery Rider, the emand Side Management Cost Adjustment Factor and the nfrastructure Rider. SURCHARGE n certain communities, bills are subject to a surcharge provided for in Surcharge Rider. LATE PAYMENT CHARGE A late payment charge of 1% of the unpaid balance will be added to the next month's bill after the date due. TERMS AN CONTONS OF SERVCE 1. The Heat Pump Service shall be permanently wired, separately served and metered, and at no time connected to facilities servicing other customer loads without prior approval from the Company. Customer must provide two meter sockets as specified by the Company. The Company will provide both meters and the direct load control device. 2. The duration and frequency of interruptions will be determined by the Company. The direct load control device will be cycled on a schedule of 1 minutes on and 1 minutes off normally for six hours with a maximum of eight hours per day. nterruptions will normally occur on high demand weekdays during summer months. nterruptions may occur at times when, in the Company's opinion, the reliability of the system is endangered. (Continued on Sheet No. -10) ate Filed: 06-23-14 By: Christopher B. Clark Effective ate: 07-01-1 President, Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: 06-16-1 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 09_r0.doc

Northern States Power Company Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 RESENTAL HEAT PUMP SERVCE (TWO METER RATE) (Continued) RATE COE E06 Original Sheet No. Relocated from SPUC No. 1 Sheet No. 10 3-6.2 TERMS AN CONTONS OF SERVCE (Continued) 3. Company shall not be liable for any loss or damage caused by or resulting from any interruption of service. 4. n conjunction with this rate, the non-heat pump meter will be placed on the Controlled Air Conditioning and Water Heating Rider. The summer heat pump energy charge is equivalent to the Residential Service rate less the discount received under the Controlled Air Conditioning and Water Heating Rider for residential central air conditioning.. Customers selecting Residential Heat Pump Service (Two Meter Rate) must remain on this service for a minimum of one year. 6. Company will keep this service available for a minimum of five years. 7. The rate contemplates that this service will utilize existing facilities with no additional major expenditures. Customer shall reimburse Company for any expenditures for facilities necessary to serve this load which would not otherwise be required to serve customer's load. ate Filed: 10-1-96 By: Michael J. Hanson Effective ate: 12-16-96 General Manager & Chief Executive ocket No. EL96-02 NSP - South akota Order ate: 12-16-96 F:\RA\Rates\Current\Sd_elec\SE 10.OC

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 LMTE OFF PEAK SERVCE RATE COE E11 7th Revised Sheet No. Cancelling 6th Revised Sheet No. 11 11 AVALABLTY Available to secondary and primary voltage customers for controlled loads which will be energized only for the time period between 10:00 p.m. to 6:30 a.m. daily. RATE Customer Charge per Month Secondary Voltage Single Phase $3.0 Three Phase $.1 Primary Voltage $2.00 Energy Charge per kwh Secondary Voltage $0.02770 Primary Voltage $0.02626 FUEL CLAUSE Bills subject to the adjustment provided for in Fuel Clause Rider. OTHER RERS Bills are subject to the adjustments provided for in the Transmission Cost Recovery Rider, the Environmental Cost Recovery Rider, the emand Side Management Cost Adjustment Factor and the nfrastructure Rider. MONTHLY MNMUM CHARGE Secondary Voltage Single Phase $8.00 Three Phase $12.00 Primary Voltage $60.00 SURCHARGE n certain communities, bills are subject to a surcharge provided for in Surcharge Rider. LATE PAYMENT CHARGE A late payment charge of 1% of the unpaid balance will be added to the next month's bill after the date due. (Continued on Sheet No. -12) ate Filed: 06-23-14 By: Christopher B. Clark Effective ate: 07-01-1 President, Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: 06-16-1 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\Se 11_r07.doc

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 LMTE OFF PEAK SERVCE (Continued) RATE COE E11 3rd Revised Sheet No. Cancelling 2nd Revised Sheet No. 12 12 TERMS AN CONTONS OF SERVCE 1. Limited Off Peak Service must be separately served and metered and must at no time be connected to facilities serving customer's other loads. 2. Company will not be liable for any loss or damage caused by or resulting from any interruption of service. 3. Customer selecting Limited Off Peak Service must remain on this service for a minimum term of one year, unless customer transfers to another interruptible service rate. 4. Customer has the option of directly controlling own load or allowing Company load control. f customer chooses Company load control, customer must: a. Provide a load-break switch or circuit breaker equipped with electronic trip and close circuits allowing for remote operation of customer's switch or circuit breaker by Company, b. Wire the trip and close circuits into a connection point designated by Company to allow installation of remote control equipment by Company, and c. Provide a continuous 120 volt AC power source at the connection point for operation of Company's remote control equipment.. A charge of $0.27 per kwh shall be applied to non-authorized energy used outside of the energized time period specified in this tariff. f this energy use occurs during three or more billing months, the Company reserves the right to remove customer from Limited Off Peak Service. 6. The rate contemplates that this service will utilize existing facilities with no additional major expenditures. Customer shall reimburse Company for any expenditures on facilities necessary to serve this load which would not otherwise be required to serve customer's load. ate Filed: 06-23-14 By: Christopher B. Clark Effective ate: 07-01-1 President, Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: 06-16-1 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 12_r03.doc

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 RULES FOR APPLCATON OF RESENTAL RATES 1st Revised Sheet No. Cancelling Original Sheet No. 13 13 1. The Residential Service and Residential Time of ay Service rates are the only rates available to residential customers for domestic purposes in a single private residence. Energy Controlled Service (Non- emand Metered), Residential Heat Pump Service (Two Meter Rate), Limited Off Peak Service, and Automatic Protective Lighting Service rate schedules are also available to qualifying residential customers. 2. Normal service under the Residential Service and Residential Time of ay Service rate schedules is single phase service rendered through one meter. Three phase service or service through more than one meter will be provided upon a one-time payment of an amount to reimburse Company for the additional investment, operating, and maintenance costs. f customer is served through more than one meter, each meter will be separately billed. 3. Electric space heating charges are applicable only when customer's electric space heating equipment is used as customer's primary heating source. 4. Residential underground charges will apply where the underground facilities are owned by Company and Company has not been fully reimbursed for the added cost of such underground facilities. T. Standby and Supplementary Service is available for any residential customer subject to the provisions in the General Rules and Regulations. 6. A customer using electric service for domestic and non-domestic purposes jointly may combine such use through one meter on such rates as are available to General Service customers. 7. Every building or portion of building used for residential purposes constructed or materially changed after November 23, 1980, shall be arranged to permit the consumption for each apartment or dwelling unit to be individually metered. An apartment is defined as a portion of a building consisting of one or more rooms completely equipped for living purposes. ate Filed: 06-30-09 By: Judy M. Poferl Effective ate: 01-18-10 President and CEO of Northern States Power Company, a Minnesota corporation ocket No. EL09-009 Order ate: 01-12-10 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 13_r01.OC

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 AUTOMATC PROTECTVE LGHTNG SERVCE RATE COE E12 th Revised Sheet No. Cancelling 4th Revised Sheet No. 14 14 AVALABLTY Available to all types of customers except for municipal street lighting purposes. RATE esignation of Lamp Monthly Rate Per Unit Area Units 100W High Pressure Sodium $7.93 17W Mercury (1) $7.93 20W High Pressure Sodium $14.14 400W Mercury (1) $14.14 irectional Units 20W High Pressure Sodium $1.70 400W Mercury (1) $1.70 400W High Pressure Sodium $19.69 (1) Available to existing installations only. FUEL CLAUSE Bills subject to the adjustment provided for in Fuel Clause Rider. OTHER RERS Bills are subject to the adjustments provided for in the Transmission Cost Recovery Rider, the Environmental Cost Recovery Rider, the emand Side Management Cost Adjustment Factor and the nfrastructure Rider. LATE PAYMENT CHARGE A late payment charge of 1% of the unpaid balance will be added to the next month s bill after the date due. SERVCE NCLUE N RATE Company shall own, operate, and maintain the lighting unit including the fixture, lamp, ballast, photoelectric control, mounting brackets, and all necessary wiring. Company shall furnish all electric energy required for operation of the unit. (Continued on Sheet No. -1) ate Filed: 06-23-14 By: Christopher B. Clark Effective ate: 07-01-1 President, Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: 06-16-1 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 14_r0.doc

Northern States Power Company Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 AUTOMATC PROTECTVE LGHTNG SERVCE (Continued) RATE COE E12 Original Sheet No. Relocated from SPUC No. 1 Sheet No. 1 3-20 SPECAL TERMS AN CONTONS 1. Service available subject to the provisions for Automatic Protective Lighting Service of the General Rules and Regulations. 2. The lamp shall be lighted and extinguished by a photoelectric control furnished by the Company. The hours of burning shall be from approximately one-half hour after sunset until one-half hour before sunrise, every night. 3. f illumination of a lamp is interrupted and said illumination is not resumed within 72 hours from the time Company receives notice thereof from customer, one-thirtieth of the monthly compensation for such unit shall be deducted for each night of non-illumination after such notice is received. 4. Company reserves the right to discontinue service if equipment is abused.. Company will convert mercury vapor lighting units to high pressure sodium upon failure of the mercury vapor ballast. TERM OF AGREEMENT Agreement shall be for a term of three years. f not then terminated by at least 30 days' written notice by either party, the agreement shall continue until so terminated. ate Filed: 10-1-96 By: Michael J. Hanson Effective ate: 12-16-96 General Manager & Chief Executive ocket No. EL96-02 NSP - South akota Order ate: 12-16-96 F:\RA\Rates\Current\Sd_elec\SE 1.OC

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 SMALL GENERAL SERVCE RATE COE E13 th Revised Sheet No. Cancelling 4th Revised Sheet No. 21 21 AVALABLTY Available to any non-residential customer for single or three phase electric service supplied through one meter. RATE Oct-May Jun-Sep Customer Charge per Month $9.00 $9.00 Energy Charge per kwh $0.06861 $0.08429 FUEL CLAUSE Bills subject to the adjustment provided for in Fuel Clause Rider. OTHER RERS Bills are subject to the adjustments provided for in the Transmission Cost Recovery Rider, the Environmental Cost Recovery Rider, the emand Side Management Cost Adjustment Factor and the nfrastructure Rider. MONTHLY MNMUM CHARGE Customer Charge. SURCHARGE n certain communities, bills are subject to a surcharge provided for in Surcharge Rider. LATE PAYMENT CHARGE A late payment charge of 1% of the unpaid balance will be added to the next month's bill after the date due. TERMS AN CONTONS OF SERVCE 1. Company shall install a demand meter for a customer when: a. Customer's connected load is estimated to be 20 kw or greater, b. Customer is served single phase and has a service entrance capacity greater than 200 amperes, c. Customer is served three phase at 120/208 or 120/240 volts and has a service entrance capacity greater than 200 amperes, d. Customer is served three phase at 240/480 or 277/480 volts and has a service entrance capacity greater than 100 amperes, or e. Customer's average monthly kwh use for four consecutive months exceeds 3,00 kwh. (Continued on Sheet No. -22) ate Filed: 06-23-14 By: Christopher B. Clark Effective ate: 07-01-1 President, Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: 06-16-1 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 21_r0.doc

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 SMALL GENERAL SERVCE (Continued) RATE COE E13 1st Revised Sheet No. Cancelling Original Sheet No. 22 22 TERMS AN CONTONS OF SERVCE (Continued) f a demand meter is installed in accordance with the above, the customer may remain on the Small General Service schedule as long as his maximum demand is less than 2 kw. When the customer achieves an actual maximum demand of 2 kw or greater, the customer will be placed on the General Service schedule in the next billing month. A customer with a billing demand of less than 2 kw for 12 consecutive months will be given the option of returning to the Small General Service schedule. L L f a demand meter is installed in accordance with the above, the customer may remain on the Small General Service schedule as long as his maximum demand is less than 2 kw. When the customer achieves an actual maximum demand of 2 kw or greater, the customer will be placed on the General Service schedule in the next billing month. A customer with a billing demand of less than 2 kw for 12 consecutive months will be given the option of returning to the Small General Service schedule. f the customer only occasionally exceeds the 2 kw demand limit, they may remain on the Small General Service schedule with Company approval. Company approval requires that the customer can demonstrate that load requirements do not exceed 2 kw during NSP system peaks. NSP system peaks typically occur on hot, humid weekdays during June through September. Customers using this provision, which have central air conditioning, must agree to the terms of the Company s Controlled Air Conditioning and Water Heating Rider. 2. Standby and Supplementary Service is available for any Small General Service customer subject to the provisions in the General Rules and Regulations. ate Filed: 11-12-14 By: avid M. Sparby Effective ate: 01-01-1 President and CEO of Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: N/A S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 22_r01.doc

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 SMALL GENERAL TME OF AY SERVCE RATE COE E14 (METERE) AN RATE COE E18 (UNMETERE) 8th Revised Sheet No. Cancelling 7th Revised Sheet No. 23 23 AVALABLTY Available to any non-residential customer for single or three phase electric service supplied through one meter. RATE Oct-May Jun-Sep Customer Charge per Month Metered Time of ay $11.00 $11.00 Metered Non-Time of ay $9.00 $9.00 Unmetered Continuous 24 Hour Use $7.00 $7.00 Low Wattage Use, 100 W or Less $0.28 $0.28 Low Wattage Use, From 100 W to 400 W $1.14 $1.14 Energy Charge per kwh On Peak Period Energy $0.11310 $0.14689 Off Peak Period Energy $0.03010 $0.03010 Continuous 24 Hour Energy $0.091 $0.07098 FUEL CLAUSE Bills subject to the adjustment provided for in Fuel Clause Rider. OTHER RERS Bills are subject to the adjustments provided for in the Transmission Cost Recovery Rider, the Environmental Cost Recovery Rider, the emand Side Management Cost Adjustment Factor and the nfrastructure Rider. MONTHLY MNMUM CHARGE Customer Charge. SURCHARGE n certain communities, bills are subject to a surcharge provided for in Surcharge Rider. LATE PAYMENT CHARGE A late payment charge of 1% of the unpaid balance will be added to the next month's bill after the date due. (Continued on Sheet No. -24) ate Filed: 06-23-14 By: Christopher B. Clark Effective ate: 07-01-1 President, Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: 06-16-1 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\Se 23_r08.doc

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 SMALL GENERAL TME OF AY SERVCE (Continued) RATE COE E14 (METERE) AN RATE COE E18 (UNMETERE) 2nd Revised Sheet No. Cancelling 1st Revised Sheet No. 24 24 EFNTON OF PEAK PEROS The on peak period is defined as those hours between 9:00 a.m. and 9:00 p.m. The on peak period occurs Monday through Friday, except the following holidays: New Year's ay, Good Friday, Memorial ay, ndependence ay, Labor ay, Thanksgiving ay, and Christmas ay. When a designated holiday occurs on Saturday, the preceding Friday will be designated a holiday. When a designated holiday occurs on Sunday, the following Monday will be designated a holiday. The off peak period is defined as all other hours. efinition of on peak and off peak period is subject to change with change in Company's system operating characteristics. L L TERMS AN CONTONS OF SERVCE 1. Customer selecting the above time of day rate schedule will remain on this rate for a period of not less than 12 months. While served under this schedule, the Small General Service rate is unavailable. 2. Company shall install a demand meter for a customer when: a. Customer's connected load is estimated to be 20 kw or greater, b. Customer is served single phase and has a service entrance capacity greater than 200 amperes, c. Customer is served three phase at 120/208 or 120/240 volts and has a service entrance capacity greater than 200 amperes, d. Customer is served three phase at 240/480 or 277/480 volts and has a service entrance capacity greater than 100 amperes, or e. Customer's average monthly kwh use for four consecutive months exceeds 3,00 kwh. f a demand meter is installed in accordance with the above, the customer may remain on the Small General Time of ay Service schedule as long as his maximum demand is less than 2 kw. When the customer achieves an actual maximum demand of 2 kw or greater, the customer will be placed on the General Time of ay Service schedule in the next billing month. A customer with a billing demand of less than 2 kw for 12 consecutive months will be given the option of returning to the Small General Time of ay Service schedule. f the customer only occasionally exceeds the 2 kw demand limit, they may remain on the Small General Time of ay Service schedule with Company approval. Company approval requires that the customer can demonstrate that load requirements do not exceed 2 kw during NSP system peaks. NSP system peaks typically occur on hot, humid weekdays during June through September. Customers using this provision, which have central air conditioning, must agree to the terms of the Company s Controlled Air Conditioning and Water Heating Rider. 3. Standby and Supplementary Service is available under this rate subject to the provisions of the General Rules and Regulations and as provided for elsewhere in this rate. (Continued on Sheet No. -24.1) ate Filed: 11-12-14 By: avid M. Sparby Effective ate: 01-01-1 President and CEO of Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: N/A S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 24_r02.doc

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 SMALL GENERAL TME OF AY SERVCE (Continued) RATE COE E14 (METERE) AN RATE COE E18 (UNMETERE) 2nd Revised Sheet No. Cancelling 1st Revised Sheet No. 24.1 24.1 TERMS AN CONTONS OF SERVCE (Continued) 4. Optional Metering Service: Optional metering is available subject to the provisions in the General Rules and Regulations, Section 1., for the following applications: a. Kilowatt-hour Metered Service: For applications where a non-time of day meter is used, the time of day metering charge will be waived and the monthly customer charge for each location is $9.00. b. Unmetered Service: For applications where no metering is installed, the monthly customer charge for each location is $7.00. f requested by Company, the customer agrees to receive one or more combined bills for all their unmetered service locations. For purposes of applying the appropriate customer service charge, one customer service charge shall be applied for every point of delivery. A point of delivery shall be any location where a meter would otherwise be required under this schedule. c. Low Wattage Unmetered Service: For applications where customer owns and operates multiple electronic devices in at least 200 locations within Company s South akota electric service area. Such electronic devices are: 1) individually located at each point of delivery, 2) rated at less than 400 Watts, and 3) operated with a continuous and constant load level year round. Each individual electronic device must not in any way interfere with Company operations and service to adjacent customers. This optional metering service is not applicable to electric service for traffic signals, civil defense, or lighting. Company reserves the right to evaluate customer requests for this optional metering service to determine eligibility. The monthly fixed charge under this optional metering service shall be $0.28 per device for devices with a rating of 100 Watts or less. For devices with a rating over 100 Watts but less than 400 Watts, the monthly fixed charge shall be $1.14 per device. The customer charge shall equal the sum of the fixed charges for customer s low wattage devices in service for the billing month. n place of metered usage for each device, customer will be billed for the predetermined energy usage in kwh per device. The energy charge shall equal the sum of the predetermined energy usage for customer s low wattage devices in service for the billing month multiplied by the Continuous 24 Hour Energy Charge applicable for the billing month. Customer shall contract for this optional metering service through an electric service agreement with Company. ate Filed: 06-30-11 By: Judy M. Poferl Effective ate: 08-01-12 President and CEO of Northern States Power Company, a Minnesota corporation ocket No. EL11-019 Order ate: 07-18-12 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 24-1_r02.doc

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 GENERAL SERVCE RATE COE E1 th Revised Sheet No. Cancelling 4th Revised Sheet No. 2 2 AVALABLTY Available to any non-residential customer for general service except customers with connected load greater than 100 kw and who provide more than 2% of total energy requirements with own generation facilities, must take service through the General Time of ay Service rate. RATE Customer Charge per Month $22.20 Service at Secondary Voltage Oct-May Jun-Sep emand Charge per Month per kw $9.02 $13.02 Energy Charge per kwh $0.03411 Energy Charge Credit per Month per kwh All kwh in Excess of 360 Hours Times the Billing emand $0.0093 January - ecember Voltage iscounts per Month Per kw Per kwh Primary Voltage $0.70 $0.00144 Transmission Transformed Voltage $1.3 $0.00290 Transmission Voltage $2.00 $0.00320 FUEL CLAUSE Bills subject to the adjustment provided for in Fuel Clause Rider. R OTHER RERS Bills are subject to the adjustments provided for in the Transmission Cost Recovery Rider, the Environmental Cost Recovery Rider, the emand Side Management Cost Adjustment Factor and the nfrastructure Rider. LATE PAYMENT CHARGE A late payment charge of 1% of the unpaid balance will be added to the next month's bill after the date due. ETERMNATON OF EMAN The adjusted demand in kw for billing purposes shall be determined by dividing the maximum actual demand in kw by the power factor expressed in percent but not more than a 90% power factor and multiplying the quotient so obtained by 90% and rounding to the nearest whole kw. But in no month shall the billing demand be greater than the value in kw determined by dividing the kwh sales for the billing month by 7 hours per month. (Continued on Sheet No. -26) ate Filed: 06-23-14 By: Christopher B. Clark Effective ate: 07-01-1 President, Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: 06-16-1 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 2_r0.doc

Northern States Power Company Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 GENERAL SERVCE (Continued) RATE COE E1 Original Sheet No. Relocated from SPUC No. 1 Sheet No. 26 3-37 & 3-38 MAXMUM EMAN The maximum actual demand in kw shall be the greatest 1 minute average load during the period for which bill is rendered. POWER FACTOR For three phase customers with services above 200 amperes or above 480 volts, the power factor for the month shall be determined by permanently installed metering equipment. For all single phase customers and three phase customers with services 200 amperes or less, a power factor of 90% will be assumed. STANBY SERVCE Standby Service is available under this schedule subject to the provisions contained in the Standby Service Rider. MNMUM EMAN TO BE BLLE The monthly minimum billing demand shall not be less than provided above, whether or not energy is used. SPLT SERVCE When approved by Company, customer's service may be split between General Service and General Time of ay Service rates. Only Company approved storage space cooling and storage space heating equipment qualifies for the General Time of ay Service portion of a split service installation. The thermal storage equipment shall be permanently wired, separately served and metered, and at no time connected to the General Service portion of the split service installation. Each portion of customer's split service installation will be considered separately for all other rate application purposes. TERMS AN CONTONS OF SERVCE 1. Alternating current service is provided at the following nominal voltage: a. Secondary Voltage: Single or three phase from 208 volts up to but not including 2,400 volts, b. Primary Voltage: Three phase from 2,400 volts up to but not including 69,000 volts, c. Transmission Transformed Voltage: Three phase from 2,400 volts up to but not including 69,000 volts, where service is provided at the Company's disconnecting means of a distribution substation transformer, or d. Transmission Voltage: Three phase at 69,000 volts or higher. Service voltage available in any given case is dependent upon voltage and capacity of Company lines in vicinity of customer's premises. (Continued on Sheet No. -27) ate Filed: 10-1-96 By: Michael J. Hanson Effective ate: 12-16-96 General Manager & Chief Executive ocket No. EL96-02 NSP - South akota Order ate: 12-16-96 F:\RA\Rates\Current\Sd_elec\SE 26.OC

Northern States Power Company Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 GENERAL SERVCE (Continued) RATE COE E1 Original Sheet No. Relocated from SPUC No. 1 Sheet No. 27 3-38 TERMS AN CONTONS OF SERVCE 2. Transmission Transformed Service is available only to customers served by an exclusively dedicated distribution feeder. Customer will be responsible for the cost of all facilities necessary to interconnect at the Company's disconnecting means of a distribution substation transformer. 3. Transmission Service is available at transmission voltage, subject to the terms and conditions contained in the Company's General Rules and Regulations, Section.1(B). 4. Customer selecting General Service will remain on this rate for a period of not less than 12 months.. f a customer has a billing demand of less than 2 kw for 12 consecutive months, customer will be given the option of returning to the Small General Service schedule. ate Filed: 10-1-96 By: Michael J. Hanson Effective ate: 12-16-96 General Manager & Chief Executive ocket No. EL96-02 NSP - South akota Order ate: 12-16-96 F:\RA\Rates\Current\Sd_elec\SE 27.OC

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 GENERAL TME OF AY SERVCE RATE COE E16 th Revised Sheet No. Cancelling 4th Revised Sheet No. 28 28 AVALABLTY Available to any non-residential customer for general service. RATE Customer Charge per Month $2.20 Service at Secondary Voltage Oct-May Jun-Sep emand Charge per Month per kw On Peak Period emand $9.02 $13.02 Off Peak Period emand in Excess of On Peak Period emand $2.00 $2.00 Energy Charge per kwh On Peak Period Energy $0.0492 Off Peak Period Energy $0.02417 Energy Charge Credit per Month per kwh All kwh in Excess of 360 Hours Times the On Peak Period Billing emand, Not to Exceed 0% of Total kwh $$0.0093 January - ecember Voltage iscounts per Month Per kw Per kwh Primary Voltage $0.70 $0.00144 Transmission Transformed Voltage $1.3 $0.00290 Transmission Voltage $2.00 $0.00320 FUEL CLAUSE Bills subject to the adjustment provided for in the Fuel Clause Rider. R OTHER RERS Bills are subject to the adjustments provided for in the Transmission Cost Recovery Rider, the Environmental Cost Recovery Rider, the emand Side Management Cost Adjustment Factor and the nfrastructure Rider. LATE PAYMENT CHARGE A late payment charge of 1% of the unpaid balance will be added to the next month s bill after the date due. (Continued on Sheet No. -29) ate Filed: 06-23-14 By: Christopher B. Clark Effective ate: 07-01-1 President, Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: 06-16-1 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 28_r0.doc

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 GENERAL TME OF AY SERVCE (Continued) RATE COE E16 2nd Revised Sheet No. Canceling 1st Revised Sheet No. 29 29 EFNTON OF PEAK PEROS The on peak period is defined as those hours between 9:00 a.m. and 9:00 p.m. The on peak period occurs Monday through Friday, except the following holidays: New Year's ay, Good Friday, Memorial ay, ndependence ay, Labor ay, Thanksgiving ay, and Christmas ay. When a designated holiday occurs on Saturday, the preceding Friday will be designated a holiday. When a designated holiday occurs on Sunday, the following Monday will be designated a holiday. The off peak period is defined as all other hours. efinition of on peak and off peak period is subject to change with change in Company's system operating characteristics. ETERMNATON OF ON PEAK PERO EMAN The actual on peak period demand in kw shall be the greatest 1 minute average load for the on peak period during the period for which the bill is rendered. The adjusted on peak period demand in kw for billing purposes shall be determined by dividing the actual on peak period demand by the power factor expressed in percent but not more than 90%, multiplying the quotient so obtained by 90%, and rounding to the nearest whole kw. n no month shall the on peak billing demand be greater than the value in kw determined by dividing the kwh sales for the billing month by 7 hours per month. ETERMNATON OF OFF PEAK PERO EMAN N EXCESS OF ON PEAK PERO EMAN The actual off peak period demand in kw shall be the greatest 1 minute average load for the off peak period during the period for which the bill is rendered rounded to the nearest whole kw. The off peak period demand in excess of on peak period demand in kw to be billed shall be determined by subtracting the billing on peak period demand from the actual off peak period demand as defined above only if the off peak period demand is greater. POWER FACTOR For three phase customers with services above 200 amperes or above 480 volts, the power factor for the month shall be determined by permanently installed metering equipment. For all single phase customers and three phase customers with services 200 amperes or less, a power factor of 90% will be assumed. STANBY SERVCE Standby Service is available under this schedule subject to the provisions contained in the Standby Service Rider. MNMUM EMAN TO BE BLLE The monthly minimum on peak period billing demand shall not be less than provided above. (Continued on Sheet No. -30) ate Filed: 10-28-08 By: avid M. Sparby Effective ate: 10-30-08 President and CEO of Northern States Power Company, a Minnesota corporation ocket No. EL08-029 Order ate: 11-13-08 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\Se 29_r02.OC

Northern States Power Company Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 GENERAL TME OF AY SERVCE (Continued) RATE COE E16 Original Sheet No. Relocated from SPUC No. 1 Sheet No. 30 3-39.1 SPLT SERVCE When approved by Company, customer's service may be split between General Service and General Time of ay Service rates. Only Company approved storage space cooling and storage space heating equipment qualifies for the General Time of ay Service portion of a split service installation. The thermal storage equipment shall be permanently wired, separately served and metered, and at no time connected to the General Service portion of the split service installation. Each portion of customer's split service installation will be considered separately for all other rate application purposes. TERMS AN CONTONS OF SERVCE 1. Alternating current service is provided at the following nominal voltage: a. Secondary Voltage: Single or three phase from 208 volts up to but not including 2,400 volts, b. Primary Voltage: Three phase from 2,400 volts up to but not including 69,000 volts, c. Transmission Transformed Voltage: Three phase from 2,400 volts up to but not including 69,000 volts, where service is provided at the Company's disconnecting means of a distribution substation transformer, or d. Transmission Voltage: Three phase at 69,000 volts or higher. 2. Service voltage available in any given case is dependent upon voltage and capacity of Company lines in vicinity of customer's premises. 3. Transmission Transformed Service is available only to customers served by an exclusively dedicated distribution feeder. Customer will be responsible for the cost of all facilities necessary to interconnect at the Company's disconnecting means of a distribution substation transformer. 4. Transmission Service is available at transmission voltage, subject to the terms and conditions contained in the Company's General Rules and Regulations, Section.1(B).. Customer selecting the above time of day rate schedule will remain on this rate for a period of not less than 12 months. 6. f a customer has a billing demand of less than 2 kw for 12 consecutive months, the customer will be given the option of returning to the Small General Time of ay Service schedule. ate Filed: 10-1-96 By: Michael J. Hanson Effective ate: 12-16-96 General Manager & Chief Executive ocket No. EL96-02 NSP - South akota Order ate: 12-16-96 F:\RA\Rates\Current\Sd_elec\SE 30.OC

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 PEAK CONTROLLE SERVCE RATE COE E20 th Revised Sheet No. Cancelling 4th Revised Sheet No. 31 31 `AVALABLTY Available to any non-residential customer for general service who agrees to control demand to a predetermined level whenever required by Company. Availability is restricted to customers with a minimum controllable demand of 0 kw. RATE Customer Charge per Month $4.20 Firm emand Controllable emand Service at Secondary Voltage Oct-May Jun-Sep Oct-May Jun-Sep emand Charge per Month per kw $9.02 13.02 $6.78 $6.78 Energy Charge per kwh $0.03411 Energy Charge Credit per Month per kwh All kwh in Excess of 360 Hours Times the Sum of All Billing emands $0.0093 January - ecember Voltage iscounts per Month Per kw Per kwh Primary Voltage $0.70 $0.00144 Transmission Transformed Voltage $1.3 $0.00290 Transmission Voltage $2.00 $0.00320 FUEL CLAUSE Bills subject to the adjustment provided for in Fuel Clause Rider. R OTHER RERS Bills are subject to the adjustments provided for in the Transmission Cost Recovery Rider, the Environmental Cost Recovery Rider, the emand Side Management Cost Adjustment Factor and the nfrastructure Rider. LATE PAYMENT CHARGE A late payment charge of 1% of the unpaid balance will be added to the next month's bill after the date due. (Continued on Sheet No. -32) ate Filed: 06-23-14 By: Christopher B. Clark Effective ate: 07-01-1 President, Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: 06-16-1 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 31_r0.doc

Minneapolis, Minnesota 401 SOUTH AKOTA ELECTRC RATE BOOK - SPUC NO. 2 PEAK CONTROLLE SERVCE (Continued) RATE COE E20 4th Revised Sheet No. Cancelling 3rd Revised Sheet No. 32 32 ETERMNATON OF EMAN Maximum Actual emand in kw shall be the greatest 1 minute load during the billing month. Adjusted emand in kw for billing purposes shall be determined by dividing the maximum actual demand in kw by the power factor expressed in percent but not more than a 90% power factor and multiplying the quotient so obtained by 90% and rounding to the nearest whole kw. Predetermined emand shall be specified and agreed to by the customer and Company. Customer's adjusted demand must not exceed the predetermined demand level (PL) during a control period. Standard PL customers must agree to a fixed demand level and limit load to that level during a control period. Optional PL customers must agree to reduce demand by a fixed amount during a control period. Customer's PL will be the monthly adjusted on peak demand less the fixed load reduction. The PL in months without a control period will not be less than the greatest PL of all months with a control period during the preceding 11 months. Firm emand for the billing month shall be the lesser of predetermined demand or adjusted demand, except in months when customer fails to control load to predetermined demand level when requested by Company. n these months, firm demand shall be the adjusted demand established during the control period. Controllable emand shall be the difference between customer's adjusted demand during the billing month and the greater of predetermined demand or firm demand, but never less than zero. Minimum emand to be billed each month shall not be less than the current month's adjusted demand in kw. POWER FACTOR The power factor for the month shall be determined by permanently installed metering equipment. (Continued on Sheet No. -33) ate Filed: 06-23-14 By: Christopher B. Clark Effective ate: 07-01-1 President, Northern States Power Company, a Minnesota corporation ocket No. EL14-08 Order ate: 06-16-1 S:\General-Offices-GO-01\PSF\RA\Rates\Current\Sd_elec\SE 32_r04.doc