Xcel Energy Inc – ‘8-K’ for 1/31/94

As of:  Wednesday, 2/9/94   ·   For:  1/31/94   ·   Accession #:  72903-94-4   ·   File #:  1-03034

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Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         8-K Dated February 9, 1994                             2±    11K 
 2: EX-28       Exhibits to 8-K                                        8±    43K 

8-K   —   8-K Dated February 9, 1994
Document Table of Contents

                                SECURITIES AND EXCHANGE COMMISSION
                                  Washington, D.C. 20549

                                  FORM 8-K

                                  CURRENT REPORT

                                  Pursuant to Section 13 or 15(d) of
                                   the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)          January 31, 1994      

 Northern States Power Company
(Exact name of registrant as specified in its charter)          

 Minnesota
(State or other jurisdiction of incorporation)            

1-3034                                       41-0448030 
(Commission File Number)                   (IRS Employer Identification No.)    

414 Nicollet Mall, Mpls, MN                                 55401               
(Address of principal executive offices)                  (Zip Code)            

Registrant's telephone number, including area code            612-330-5500      

(Former name of former address, if changed since last report)     

Item 5.  Other Events                                                           

On January 31, 1994, Northern States Power Company, a Minnesota corporation,    
("the Company") received notice that an appeal of the Minnesota Public          
Utilities Commission's (MPUC) determination on the allowed return on common     
equity was filed with the Minnesota Court of Appeals by the Minnesota           
Department of Public Service, the Office of the Attorney General and the        
Minnesota Energy Consumers intervenor groups.  The appeal concerns the method   
of calculation of the rate of return on common equity for both the Minnesota    
electric and gas cases.  The amount at issue is approximately $7 million in     
annual revenues for the Company.  The ultimate financial impact of this         
appeal, if any, is not determinable at this time.  A decision by the Court      
is expected by year end, 1994.                                                  

On January 31, 1994, the Company was notified by the United States              
Environmental Protection Agency (USEPA) that it is a potentially responsible    
party (PRP) at the Brooklyn Park Superfund site in Minnesota, which is in       
addition to the sites identified in the Company's previous filings.  The        
USEPA states that costs incurred to date in investigating and remediating the   
site have been approximately $1,300,000.  If NSP is determined to be a          
responsible party, it is jointly and severally liable for the costs of          
investigation and remediation.  Eleven other parties have been named as PRPs.   
The Company is reviewing its records and conducting an investigation to         
determine if the site was used by the Company or the other PRPs.                

The Company's Unaudited Consolidated Balance Sheets and Unaudited               
Consolidated Statements of Capitalization as of December 31, 1993 and 1992      
and the Company's Unaudited Consolidated Statements of Income, Unaudited        
Consolidated Statements of Cash Flows, and Unaudited Consolidated Statements    
of Changes in Common Stockholders' Equity for the three years ended December    
31, 1993 are included as Exhibit 28, and are hereby incorporated by reference.  

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits     

(c)      Exhibits                                                               

28.01    Northern States Power Company, a Minnesota Corporation - Certain       
Unaudited Financial Information:                              

     -   Unaudited Consolidated Statements of Income for the three years
ended December 31, 1993                               
         -   Unaudited Consolidated Statements of Cash Flows for the three years
ended December 31, 1993                               
       -   Unaudited Consolidated Balance Sheets, December 31, 1993 and 1992
-   Unaudited Consolidated Statements of Changes in Common    
          Stockholders' Equity for the three years ended December 31, 1993
       -   Unaudited Consolidated Statements of Capitalization, December 31,
1993 and 1992                                         

                                  SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the        
registrant has duly caused this report to be signed on its behalf by the        
undersigned hereunto duly authorized.                                           

                                   Northern States Power Company
                               (a Minnesota Corporation)

                             By (Edward J. McIntyre)
                              Edward J. McIntyre
                              Vice President and
                                       Chief Financial Officer

Dated: February 9, 1994                                                         

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing		Date		Other Filings
Filed on:		2/9/94
For Period End:		1/31/94
		12/31/93		10-K
		12/31/92
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