Related Party Transactions

12 Months Ended

Dec. 31, 2021


12. Related Party Transactions

Xcel Energy Services Inc. provides management, administrative and other services for the subsidiaries of Xcel Energy Inc., including NSP-Wisconsin. The services are provided and billed to each subsidiary in accordance with service agreements executed by each subsidiary. NSP-Wisconsin uses services provided by Xcel Energy Services Inc. whenever possible. Costs are charged directly to the subsidiary and are allocated if they cannot be directly assigned.

Xcel Energy, Inc., NSP-Minnesota, NSP-Wisconsin, PSCo and SPS have established a utility money pool arrangement.

The electric production and transmission costs of the entire NSP System are shared by NSP-Minnesota and NSP-Wisconsin. The Interchange Agreement provides for the sharing of all costs of generation and transmission facilities of the system, including capital costs.

Significant affiliate transactions among the companies and related parties including billings under the Interchange Agreement for the years ended Dec. 31:


(Millions of Dollars)	2021		2020		2019
Operating revenues:
Electric	$	189	$	168	$	177
Operating expenses:
Purchased power	408		379		394
Transmission expense	64		61		64
Natural gas purchased for resale	1		1		1
Other operating expenses — paid to Xcel Energy Services Inc.	99		92		87

Accounts receivable and payable with affiliates at Dec. 31 were:


	2021				2020
(Millions of Dollars)	Accounts Receivable		Accounts Payable		Accounts Receivable		Accounts Payable
NSP-Minnesota	$	—	$	13	$	—	$	6
PSCo	2		—		1		—
Other subsidiaries of Xcel Energy Inc.	1		10		9		9
	$	3	$	23	$	10	$	15