Wyoming Public Service Commission Utility Annual Report - Rural Electric Association 2016 Required Pursuant to WPSC Rule Chapter 3, Section 32 2515 Warren Avenue, Suite 300 Cheyenne, WY 82002 Exact legal name of reporting company: Company docket number: Street address or P.O. box: City, state and ZIP code: Telephone number: Fax number: Website URL: Contact person: Email address of contact person: Garland Light & Power Co. 10003 755 Hwy 14 Powell, Wy 82435 307-754-2881 307-754-5320 garlandpower.org Michelle Bost glpmbost@wir.net Report for the calendar year ended December 31, 2016 GENERAL WYOMING PUBLIC SERVICE COMMISSION UTILITY ANNUAL REPORT 1. A signed and notarized Oath and Verification page must be mailed to the WPSC, and a completed annual report shall be filed with the Wyoming Public Service Commission on or before May 1 following the year end to which this report applies. 2. Each inquiry contained in this report must be definitely answered. 3. Any material sought to be kept confidential must be mailed to the Wyoming Public Commission with a written request that the material be treated as confidential under Chapter 2, Section 30, Confidentiality of Information, of the PSC's Rules. All confidential information must be clearly labeled as such and printed on yellow paper. 4. Please contact the Wyoming Public Service Commission office at (307) 777-7427 if there are any questions concerning the content of this annual report. 5. Please provide Wyoming and Total Company numbers in the annual report. If Wyoming numbers equal Total Company numbers, please indicate such by including the numbers in both columns. Submission Date Wyoming Public Service Commission Annual Report 1. Title Page Page 1 of 39 Original Filing 1st Revision 2nd Revision 3rd Revision Wyoming Public Service Commission Annual Report 1. Title Page Page 2 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Company Information Year of incorporation: Year company first began Wyoming operations: Business organization: Specify organization type if "Other": Total number of Wyoming customers as of December 31, 2016: 1937 1938 Other Cooperative 1,587 Names of counties, cities and towns served by the company: Park & Big Horn County Town of Ralston Name of owning, controlling or operating corporation or organization: Headquarters (H) Name: Mary Ann Keeler Address: 755 Hwy 14 City, State, ZIP Code: Powell, Wy 82435 Telephone: 307-754-2881 Email: glpmkeeler@wir.net Person to be contacted for additional information regarding Wyoming operations: Name: Mary Ann Keeler Address: 755 Hwy 14 City, State, ZIP Code: Powell, Wy 82435 Telephone: 307-754-2881 Email: glpmkeeler@wir.net Person to be contacted regarding Wyoming operation complaints (P): Name: Mary Ann Keeler Address: 755 Hwy 14 City, State, ZIP Code: Powell, Wy 82435 Telephone: 307-754-2881 Email: glpmkeeler@wir.net Person in charge of Wyoming regulatory affairs (R): Name: Mary Ann Keeler Address: 755 Hwy 14 City, State, ZIP Code: Powell, Wy 82435 Telephone: 307-754-2881 Email: glpmkeeler@wir.net Person in charge of Wyoming utility assessment affairs (S): Name: Mary Ann Keeler Address: 755 Hwy 14 City, State, ZIP Code: Powell, Wy 82435 Telephone: 307-754-2881 Email: glpmkeeler@wir.net Person to be contacted concerning this annual report (N): Name: Mary Ann Keeler Address: 755 Hwy 14 City, State, ZIP Code: Powell, Wy 82435 Telephone: 307-754-2881 Email: glpmkeeler@wir.net Person to be contacted concerning emergencies: (Provide a 24/7 contact telephone number.) Name: Mary Ann Keeler Address: 755 Hwy 14 City, State, ZIP Code: Powell, Wy 82435 Telephone (24/7): 307-754-2881 Email: glpmkeeler@wir.net Registered agent (G): Name: Address: 755 Hwy 14 City, State, ZIP Code: Powell, Wy 82435 Telephone: 307-754-2881 Email: glpmkeeler@wir.net Wyoming Public Service Commission Annual Report 2. Company Information Page 3 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Operating Managers Report the name and title of each operating manager of the utility. Include such positions as general manager, director of operations, chief engineering manager, chief financial manager, office manager and director of customer service. Name Mary Ann Keeler Michelle Bost Steve Reimer Title (and address if different from address on title page) General Manager Office Manager Line Superintendent Officers Report the names and titles of the top six officers. Name Jerry Thompson Peggy Ruble Scott Smith Title (and address if different from address on title page) President Vice President Secretary-Treasurer Directors Report the name and term of each person who held a directorship during any part of the reporting year. Name Scott Smith Jerry Thompson Ike Eastman Peggy Ruble Spencer George Term (and address if different from address on title page) 2015-2018 2014-2017 2016-2019 2014-2017 2015-2018 Wyoming Employees Report the number of employees by classification. Classification Executive: Office: Field: Total Wyoming employees: Number 1 2 3 Employer 6 Wyoming Public Service Commission Annual Report 3. Personnel Page 4 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Plant in Service 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Account Description Organizational Costs Franchises Land and Land Rights Buildings & Improvements Office Furniture & Equipment Transportation Equipment Tools & Other Work Equipment Engines & Generators Other: Subtotal General: Boiler Plant Equipment: Eng & Eng-Driven Equipment: Turbogenerator Units: Other Power Plant Equipment: Subtotal Generation: Transmission Sub-Station Equipment Transmission Lines Subtotal Transmission: Distribution Lines Distribution Substation Equipment Line Transformers Services Metering Subtotal Distribution: Total System 2015 Allocation Factor Wyoming 2016 Allocation Factor 2015 Ending Balance 2016 Beginning Balance $ $ $ $ $ 35,884 161,582 35,852 470,909 46,272 $ $ $ $ $ 35,884 161,582 35,852 470,909 46,272 $ $ 327,383 1,077,882 $ $ 327,383 1,077,882 $ $ $ $ $ $ $ $ $ - 5,556,400 242,744 1,015,258 67,841 252,066 7,134,309 8,212,191 $ $ $ $ $ $ $ $ $ - 5,556,400 242,744 1,015,258 67,841 252,066 7,134,309 8,212,191 Additions Retirements Adjustments Transfers $ (3,600) (3,600) $ $ - $ - $ $ - $ - $ $ $ 319,224 $ $ $ (71,969) $ $ $ $ $ $ 88,815 612 6,551 415,202 415,202 $ $ $ $ $ (17,065) (1,342) (3,427) (93,803) (93,803) $ $ $ $ $ - - $ - $ (91,066) - (45,806) (113) (4,525) (141,510) $ (145,110) $ - $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 2016 Ending Balance 35,884 157,982 35,852 470,909 46,272 327,383 1,074,282 5,712,589 242,744 1,041,202 66,998 250,665 7,314,198 8,388,480 Wyoming Plant in Service Notes: Wyoming Public Service Commission Annual Report 4. Plant in Service Page 5 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Plant in Service 1 Account Description Wyoming Public Service Commission Annual Report 2015 Allocation Factor 2016 Allocation Factor Wyoming 2015 Ending Balance 2016 Beginning Balance Additions Retirements Adjustments Transfers 2016 Ending Balance 4. Plant in Service Page 6 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Plant in Service Total Company 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Account Description Organizational Costs Franchises Land and Land Rights Buildings & Improvements Office Furniture & Equipment Transportation Equipment Tools & Other Work Equipment Engines & Generators Other: Subtotal General: Boiler Plant Equipment: Eng & Eng-Driven Equipment: Turbogenerator Units: Other Power Plant Equipment: Subtotal Generation: Transmission Sub-Station Equipment Transmission Lines Subtotal Transmission: Distribution Lines Distribution Substation Equipment Line Transformers Services Metering Subtotal Distribution: Total System 2015 Ending Balance 2016 Beginning Balance $ $ $ $ $ 35,884 161,582 35,852 470,909 46,272 $ $ $ $ $ 35,884 161,582 35,852 470,909 46,272 $ $ 327,383 1,077,882 $ $ 327,383 1,077,882 $ $ $ $ $ $ $ $ $ - 5,556,400 242,744 1,015,258 67,841 252,066 7,134,309 8,212,191 $ $ $ $ $ $ $ $ $ - 5,556,400 242,744 1,015,258 67,841 252,066 7,134,309 8,212,191 Additions Retirements Adjustments Transfers $ (3,600) (3,600) $ $ - $ - $ $ - $ - $ $ $ 319,224 $ $ $ (71,969) $ $ $ $ $ $ 88,815 612 6,551 415,202 415,202 $ $ $ $ $ (17,065) (1,342) (3,427) (93,803) (93,803) $ $ $ $ $ - - $ - $ (91,066) - (45,806) (113) (4,525) (141,510) $ (145,110) $ - $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 2016 Ending Balance 35,884 157,982 35,852 470,909 46,272 327,383 1,074,282 5,712,589 242,744 1,041,202 66,998 250,665 7,314,198 8,388,480 Total Company Plant in Service Notes: Wyoming Public Service Commission Annual Report 4. Plant in Service Page 7 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Plant in Service Total Company 1 Wyoming Public Service Commission Annual Report Account Description 2015 Ending Balance 2016 Beginning Balance Additions Retirements Adjustments Transfers 2016 Ending Balance 4. Plant in Service Page 8 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Reserve for Depreciation 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Account Description Organizational Costs Franchises Land and Land Rights Buildings & Improvements Office Furniture & Equipment Transportation Equipment Tools & Other Work Equipment Engines & Generators Other Subtotal General: Boiler Plant Equipment Eng & Eng-Driven Equipment Turbogenerator Units Other Power Plant Equipment Subtotal Generation: Transmission Sub-Station Equipment Transmission Lines Subtotal Transmission: Distribution Lines Distribution Substation Equipment Line Transformers Services Metering Subtotal Distribution: Total System Annual Depr. Rate 2016 Beginning Balance 2015 Ending Balance Depreciation Expense Book Cost of Plant Retired Wyoming Cost of Removal or Retirement Salvage Adjustments Transfers $ $ $ $ 74,120 22,537 360,825 40,374 $ $ $ $ 74,120 22,537 360,825 40,374 $ $ $ $ 4,784 5,121 28,899 1,652 $ $ 60,930 558,786 $ $ 60,930 558,786 $ $ 10,912 51,368 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ $ - $ $ 924,720 $ $ 251,349 $ - $ $ $ (136,082) $ 33,038 $ $ 2,888 $ - $ $ 924,720 1,483,506 $ $ 251,349 302,717 $ $ - $ $ (136,082) $ (136,082) $ 33,038 33,038 $ $ 2,888 2,888 $ $ - $ $ 558,786 - 2016 Ending Balance $ $ $ $ 78,904 $ 27,658 $ 389,724 $ 42,026 $ $ 71,842 $ 610,154 $ $ $ $ $ $ $ $ $ 1,075,913 $ $ $ $ $ 1,075,913 $ 1,686,067 Wyoming Reserve for Depreciation Notes: Wyoming Public Service Commission Annual Report 5. Reserve for Depreciation Page 9 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Reserve for Depreciation 1 Account Description Wyoming Public Service Commission Annual Report Annual Depr. Rate 2015 Ending Balance 2016 Beginning Balance Depreciation Expense Book Cost of Plant Retired Wyoming Cost of Removal or Retirement Salvage Adjustments Transfers 2016 Ending Balance 5. Reserve for Depreciation Page 10 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Reserve for Depreciation 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Account Description Organizational Costs Franchises Land and Land Rights Buildings & Improvements Office Furniture & Equipment Transportation Equipment Tools & Other Work Equipment Engines & Generators Other Subtotal General: Boiler Plant Equipment Eng & Eng-Driven Equipment Turbogenerator Units Other Power Plant Equipment Subtotal Generation: Transmission Sub-Station Equipment Transmission Lines Subtotal Transmission: Distribution Lines Distribution Substation Equipment Line Transformers Services Metering Subtotal Distribution: Total System 2016 Beginning Balance 2015 Ending Balance Depreciation Expense Total Company Cost of Book Cost of Removal or Plant Retired Retirement Salvage Adjustments Transfers $ $ $ $ 74,120 22,537 360,825 40,374 $ $ $ $ 74,120 22,537 360,825 40,374 $ $ $ $ 4,784 5,121 28,899 1,652 $ $ 60,930 558,786 $ $ 60,930 558,786 $ $ 10,912 51,368 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ $ - $ $ 924,720 $ $ 251,349 $ - $ $ $ (136,082) $ 33,038 $ $ 2,888 $ - $ $ 924,720 1,483,506 $ $ 251,349 302,717 $ $ - $ $ (136,082) $ (136,082) $ 33,038 33,038 $ $ 2,888 2,888 $ $ - $ $ 558,786 - 2016 Ending Balance $ $ $ $ 78,904 $ 27,658 $ 389,724 $ 42,026 $ $ 71,842 $ 610,154 $ $ $ $ $ $ $ $ $ 1,075,913 $ $ $ $ $ 1,075,913 $ 1,686,067 Total Company Reserve for Depreciation Notes: Wyoming Public Service Commission Annual Report 5. Reserve for Depreciation Page 11 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Reserve for Depreciation 1 Wyoming Public Service Commission Annual Report Account Description 2015 Ending Balance 2016 Beginning Balance Depreciation Expense Total Company Cost of Book Cost of Removal or Plant Retired Retirement Salvage Adjustments Transfers 2016 Ending Balance 5. Reserve for Depreciation Page 12 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Balance Sheet - Assets & Other Debits 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Account Description Total Utility Plant in Service Construction Work in Progress Total Utility Plant Accumulated Provision for Depreciation and Amortization Net Utility Plant Non-Utility Property (Net) Investments in Subsidiary Companies Investments in Assoc Org - Patronage Capital Invest in Assoc Org - Other - General Funds Invest in Assoc Org- Other - Nongeneral Funds Investments in Economic Development Projects Other Investments Special Funds Total Other Property & Investments Cash - General Funds Cash - Construction Funds - Trustee Special Deposits Temporary Investments Notes Receivable (Net) Accounts Receivable - Sales of Energy (Net) Accounts Receivable - Other (Net) Fuel Stock Materials and Supplies Prepayments Other Current and Accrued Assets Total Current and Accrued Assets Unamortized Debt Discount & Extraordinary Property Losses Regulatory Assets Other Deferred Debits Accumulated Deferred Income Taxes Total Assets & Other Debits 2015 2016 Allocation Allocation Factor Factor $ $ $ $ $ 2015 Ending Balance 8,212,191 18,956 8,231,147 (1,483,506) 6,747,641 Wyoming 2016 Beginning Balance $ 8,212,191 $ 18,956 $ 8,231,147 $ (1,483,506) $ 6,747,641 $ $ $ $ $ 2016 Ending Balance 8,388,481 77,793 8,466,274 (1,686,067) 6,780,207 $ $ $ $ $ 2015 Ending Balance 8,212,191 18,956 8,231,147 (1,483,506) 6,747,641 Total Company 2016 Beginning Balance $ 8,212,191 $ 18,956 $ 8,231,147 $ (1,483,506) $ 6,747,641 $ $ $ $ $ 2016 Ending Balance 8,388,481 77,793 8,466,274 (1,686,067) 6,780,207 $ 2,198,377 $ 2,198,377 $ 2,246,475 $ 2,198,377 $ 2,198,377 $ 2,246,475 $ 75,643 $ 75,643 $ 75,643 $ 75,643 $ 75,643 $ 75,643 $ 700,000 $ 700,000 $ 1,300,000 $ 700,000 $ 700,000 $ 1,300,000 $ $ $ 2,974,020 1,098,525 273,005 $ $ $ 2,974,020 1,098,525 273,005 $ $ $ 3,622,118 440,980 5 $ $ $ 2,974,020 1,098,525 273,005 $ $ $ 2,974,020 1,098,525 273,005 $ $ $ 3,622,118 440,980 5 $ $ 398,186 3,588 $ $ 398,186 3,588 $ $ 418,168 $ (62) $ 398,186 3,588 $ $ 398,186 3,588 $ $ $ $ $ $ 256,837 6,017 2,999 2,039,157 $ $ $ $ 256,837 6,017 2,999 2,039,157 $ $ $ $ 341,219 7,418 4,215 1,211,943 $ $ $ $ 256,837 6,017 2,999 2,039,157 $ $ $ $ 256,837 6,017 2,999 2,039,157 $ $ $ $ 341,219 7,418 4,215 1,211,943 $ 266,758 $ 266,758 $ 219,531 $ 266,758 $ 266,758 $ 219,531 $ 12,027,576 $ 12,027,576 $ 11,833,799 $ 12,027,576 $ 12,027,576 $ 11,833,799 418,168 (62) Notes: Wyoming Public Service Commission Annual Report 6. Balance Sheet - Assets Page 13 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Balance Sheet - Liabilities, Equity & Credits Account Description 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Memberships Patronage Capital Operating Margins - Prior Years Operating Margins - Current Year Non-Operating Margins Other Margins and Equities Total Margins & Equities Long-Term Debt - RUS (Net) Long-Term Debt - FFB - RUS Guaranteed Long-Term Debt - Other - RUS Guaranteed Long-Term Debt - Other (Net) Long-Term Debt - RUS - Econ Development (Net) Payments - Unapplied Total Long Term Debt Obligations Under Capital Leases - Noncurrent Accumulated Operating Provisions & Asset Retirement Obligations Total Other Non-current Liabilities Notes Payable Accounts Payable Consumers Deposits Current Maturities Long-Term Debt Current Maturities Long-Term Debt - Rural Development Current Maturities - Capital Leases Taxes Accrued Interest Accrued Other Current and Accrued Liabilities Total Current & Accrued Liabilities Regulatory Liabilities Other Deferred Credits Accumulated Deferred Income Taxes Total Liabilities and Other Credits 2015 Allocation Factor 2016 Allocation Factor 2015 Ending Balance Wyoming 2016 Beginning Balance 2016 Ending Balance 2015 Ending Balance Total Company 2016 Beginning Balance 2016 Ending Balance $ 5,025,306 $ 5,025,306 $ 5,023,303 $ 5,025,306 $ 5,025,306 $ 5,023,303 $ $ $ $ $ $ 365,895 21,769 47,931 5,460,901 949,412 899,387 $ $ $ $ $ $ 365,895 21,769 47,931 5,460,901 949,412 899,387 $ $ $ $ $ $ 387,384 26,851 47,931 5,485,469 968,745 867,392 $ $ $ $ $ $ 365,895 21,769 47,931 5,460,901 949,412 899,387 $ $ $ $ $ $ 365,895 21,769 47,931 5,460,901 949,412 899,387 $ $ $ $ $ $ 387,384 26,851 47,931 5,485,469 968,745 867,392 $ 4,268,739 $ 4,268,739 $ 3,942,235 $ 4,268,739 $ 4,268,739 $ 3,942,235 $ $ (191,001) $ 5,926,537 $ (191,001) $ 5,926,537 $ (200,729) $ 5,577,643 $ (191,001) $ 5,926,537 $ (191,001) $ 5,926,537 $ $ - - - - - $ $ $ $ $ (200,729) 5,577,643 - $ $ $ 249,641 33,063 133,961 $ $ $ 249,641 33,063 133,961 $ $ $ 284,935 29,395 235,897 $ $ $ 249,641 33,063 133,961 $ $ $ 249,641 33,063 133,961 $ $ $ 284,935 29,395 235,897 $ $ 185,262 601,927 $ $ 185,262 601,927 $ $ 213,408 763,635 $ $ 185,262 601,927 $ $ 185,262 601,927 $ $ 213,408 763,635 $ 38,211 $ 38,211 $ 7,052 $ 38,211 $ 38,211 $ 7,052 $ 12,027,576 $ 12,027,576 $ 11,833,799 $ 12,027,576 $ 12,027,576 $ 11,833,799 Notes: Wyoming Public Service Commission Annual Report 7. Balance Sheet - Liabilities Page 14 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Long-Term Debt W.S. § 37-6-101 defines long-term debt as any debt with a term greater than 18 months. Organization 1 RUS 1B100/Ret 10-1 2 RUS 1B101/Ret 10-2 3 RUS 1B102/Ret 10-3 4 RUS 1B103/Ret 10-4 5 RUS 1B104/Ret 10-5 6 7 8 12 13 14 CFC WYO129002001 15 CFC WYO129004001 16 CFC WYO129004002 17 CFC WYO129006001 18 CFC WYO129006002 19 CFC WYO129006003 20 CFC WYO129006004 21 CFC WYO129006005 22 CFC WYO129006006 23 CFC WYO129006007 24 CFC WYO129006008 Wyoming Public Service Commission Annual Report Authorizing Docket Issue Date Maturity Date Face Amount Authorized Total Amount Issued Interest Rate 9193 Sub 6 10003-CS-03-17 Record 8608 10003-CS-03-17 Record 8608 10003-CS-03-17 Record 8608 10003-CS-03-17 Record 8608 12/4/03 2/1/40 $ 310,000 $ 310,000 4.500% 12/4/03 2/1/40 $ 222,000 $ 222,000 4.250% 12/4/03 2/1/40 $ 72,000 $ 72,000 4.370% 12/4/03 2/1/40 $ 212,000 $ 212,000 4.250% 12/4/03 2/1/40 $ 391,000 $ 391,000 4.370% 9193 Sub 6 10003-CS-03-17 Record 8608 10003-CS-03-17 Record 8608 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 4/14/88 3/1/17 $ 274,064 $ 274,064 8.750% 12/4/03 5/1/39 $ 278,000 $ 278,000 7.250% 12/4/03 5/1/39 $ 238,000 $ 238,000 7.500% 8/20/15 2/29/16 $ 67,741 $ 67,741 2.150% 8/20/15 2/28/17 $ 101,542 $ 101,542 2.450% 8/20/15 2/28/18 $ 104,041 $ 104,041 2.750% 8/20/15 2/28/19 $ 106,941 $ 106,941 3.150% 8/20/15 2/29/20 $ 109,863 $ 109,863 3.350% 8/20/15 2/28/21 $ 113,889 $ 113,889 3.550% 8/20/15 2/28/22 $ 117,831 $ 117,831 3.650% 8/20/15 2/28/23 $ 122,044 $ 122,044 3.800% 8. Long-Term Debt Page 15 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing Original Filing 1/0/1900 Long-Term Debt W.S. § 37-6-101 defines long-term debt as any debt with a term greater than 18 months. Total Company Debt Issuance Cost Organization 1 Original Amount Unamortized Amount Outstanding Balances Interest Accrued Year Beginning Interest Paid Principal Paid During Year During Year Year Ending RUS 1B100/Ret 10-1 $ 12,072 $ 6,007 $ 261,306 $ 255,299 2 RUS 1B101/Ret 10-2 $ 8,028 $ 4,407 $ 184,072 $ 179,665 3 RUS 1B102/Ret 10-3 $ 2,738 $ 1,418 $ 60,957 $ 59,539 4 RUS 1B103/Ret 10-4 $ 7,884 $ 4,302 $ 180,753 $ 176,451 5 RUS 1B104/Ret 10-5 6 7 8 12 13 $ 15,098 $ 7,893 $ 136,216 $ 128,323 14 CFC WYO129002001 $ 2,127 $ 27,539 $ 39,834 $ 12,295 15 CFC WYO129004001 $ 17,766 $ 4,237 $ 251,730 $ 247,493 16 CFC WYO129004002 $ 15,907 $ 3,537 $ 217,663 $ 214,126 17 CFC WYO129006001 $ 340 $ 67,741 $ 67,741 $ - 18 CFC WYO129006002 $ 2,023 $ 75,920 $ 101,542 $ 25,622 19 CFC WYO129006003 $ 2,869 $ 104,041 $ 104,041 20 CFC WYO129006004 $ 3,378 $ 106,941 $ 106,941 21 CFC WYO129006005 $ 3,691 $ 109,863 $ 109,863 22 CFC WYO129006006 $ 4,054 $ 113,889 $ 113,889 23 CFC WYO129006007 $ 4,313 $ 117,831 $ 117,831 24 CFC WYO129006008 $ 3,650 $ 122,044 $ 122,044 Wyoming Public Service Commission Annual Report 8. Long-Term Debt Page 16 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Long-Term Debt W.S. § 37-6-101 defines long-term debt as any debt with a term greater than 18 months. Organization 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 CFC CFC CFC CFC CFC CFC CFC CFC CFC CFC CFC CFC CFC CFC CFC CFC CFC WYO129006009 WYO129006010 WYO129006011 WYO129006012 WYO129006013 WYO129006014 WYO129006015 WYO129006016 WYO129006017 WYO129006018 WYO129006019 WYO129006020 WYO129006021 WYO129006022 WYO129006023 WYO129006024 WYO129006025 FFB H0010 FFB H0015 FFB H0020 FFB H0025 Authorizing Docket 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 1003-34-CS-14 Record 13995 Issue Date Maturity Date Face Amount Authorized Total Amount Issued Interest Rate 8/20/15 8/20/15 8/20/15 8/20/15 8/20/15 8/20/15 8/20/15 8/20/15 8/20/15 8/20/15 8/20/15 8/20/15 8/20/15 8/20/15 8/20/15 8/20/15 8/20/15 2/29/24 2/28/25 2/28/26 2/28/27 2/29/28 2/28/29 2/28/30 2/28/31 2/29/32 2/28/33 2/28/34 2/28/35 2/29/36 2/28/37 2/28/38 2/28/39 2/29/40 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 126,216 131,344 136,497 142,107 147,688 154,143 160,657 167,526 174,536 182,289 190,229 198,514 207,089 216,318 225,847 235,795 171,268 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 126,216 131,344 136,497 142,107 147,688 154,143 160,657 167,526 174,536 182,289 190,229 198,514 207,089 216,318 225,847 235,795 171,268 3.900% 3.950% 4.250% 4.250% 4.300% 4.350% 4.400% 4.450% 4.450% 4.500% 4.500% 4.500% 4.550% 4.550% 4.550% 4.550% 4.550% 10003-CS-99-8 10003-CS-99-8 10003-CS-99-8 10003-CS-99-8 6/30/99 6/30/99 6/30/99 1/1/34 1/1/34 1/1/34 1/1/34 $ $ $ $ 273,000 230,000 330,000 390,000 $ $ $ $ 273,000 230,000 330,000 390,000 6.439% 5.421% 5.764% 4.681% $ 7,032,019 $ 7,032,019 Advance Loan Payment Total Notes 1: Wyoming Public Service Commission Annual Report 8. Long-Term Debt Page 17 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing Original Filing 1/0/1900 Long-Term Debt W.S. § 37-6-101 defines long-term debt as any debt with a term greater than 18 months. Total Company Debt Issuance Cost Original Amount Organization 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 CFC CFC CFC CFC CFC CFC CFC CFC CFC CFC CFC CFC CFC CFC CFC CFC CFC Outstanding Balances Unamortized Amount Interest Accrued WYO129006009 WYO129006010 WYO129006011 WYO129006012 WYO129006013 WYO129006014 WYO129006015 WYO129006016 WYO129006017 WYO129006018 WYO129006019 WYO129006020 WYO129006021 WYO129006022 WYO129006023 WYO129006024 WYO129006025 FFB H0010 FFB H0015 FFB H0020 FFB H0025 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 4,936 5,202 5,817 6,056 6,368 6,724 7,088 7,475 7,788 8,225 8,584 8,958 9,448 9,869 10,304 10,758 7,153 $ $ $ $ 13,919 9,513 14,901 13,845 $ $ $ $ 6,397 5,753 8,192 10,419 Advance Loan Payment Total Year Beginning Interest Paid Principal Paid During Year During Year $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 126,216 131,344 136,497 142,107 147,688 154,143 160,657 167,526 174,536 182,289 190,229 198,514 207,089 216,318 225,847 235,795 171,268 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 126,216 131,344 136,497 142,107 147,688 154,143 160,657 167,526 174,536 182,289 190,229 198,514 207,089 216,318 225,847 235,795 171,268 $ $ $ $ 214,217 173,652 255,966 292,105 $ $ $ $ 207,820 167,899 247,774 281,686 $ $ - $ - $ - $ 288,869 $ 233,762 Year Ending $ (191,001) $ 5,889,425 $ (200,729) 5,645,935 Total minimum principle payments required for 2016: Notes 2: Wyoming Public Service Commission Annual Report 8. Long-Term Debt Page 18 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Long-Term Debt W.S. § 37-6-101 defines long-term debt as any debt with a term greater than 18 months. Organization Wyoming Public Service Commission Annual Report Authorizing Docket Issue Date Maturity Date Face Amount Authorized Total Amount Issued Interest Rate 8. Long-Term Debt Page 19 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing Original Filing 1/0/1900 Long-Term Debt W.S. § 37-6-101 defines long-term debt as any debt with a term greater than 18 months. Total Company Debt Issuance Cost Organization Wyoming Public Service Commission Annual Report Original Amount Unamortized Amount Outstanding Balances Interest Accrued Interest Paid Principal Paid During Year During Year Year Beginning Year Ending 8. Long-Term Debt Page 20 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Statement of Operations 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Operating Revenue & Patronage Capital Power Production Expense Cost of Purchased Power Transmission Expense Distribution Expense-Operation Distribution Expense-Maintenance Consumer Accounts Expense Customer Service & Informational Expense Sales Expense Administrative and General Expense Total Operation and Maintenance Expense Depreciation & Amortization Expense Tax Expense - Property & Gross Receipts Tax Expense - Other Interest on Long-term Debt Interest Charged to Construction - Credit Interest Expense - Other Other Deductions Total Cost of Electric Service Patronage Capital & Operating Margins Non-operating Margins - Interest Allowance for Funds Used During Construction Income (Loss) from Equity Investments Non-operating Margins - Other Generation & Transmission Capital Credits Other Capital Credits & Patronage Dividends Extraordinary Items Patronage Capital or Margins $ Wyoming 4,156,226 $ Total Company 4,156,226 $ 2,233,636 $ 2,233,636 $ $ $ $ $ $ $ $ 358,643 108,721 68,097 22,818 1,646 489,630 3,283,191 273,821 $ $ $ $ $ $ $ $ 358,643 108,721 68,097 22,818 1,646 489,630 3,283,191 273,821 $ 295,446 $ 295,446 $ 429 $ 429 $ $ $ 3,852,887 303,339 25,848 $ $ $ 3,852,887 303,339 25,848 $ $ $ 1,002 64,120 19,925 $ $ $ 1,002 64,120 19,925 $ 414,234 $ 414,234 Patronage Capital Cash Received Notes: Wyoming Public Service Commission Annual Report 9. Statement of Operations Page 21 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Customer Counts, Operating Revenues, Demand and Energy Delivered Wyoming Title of Account 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Sales of Electricity Residential Sales (440) 440.1 Residential Sales - Excluding Seasonal 440.2 Residential Sales - Seasonal 441 Irrigation Sales Commercial Sales (442.x) 442.1x Commercial Sales - 1000 kVA or Less 442.2x Commercial Sales - Greater than 1000 kVA Industrial Sales (442.y) 442.1y - Industrial Sales - 1000 kVA or Less 442.2y - Industrial Sales - Greater than 1000 kVA Public Street and Highway Lighting (444) Other Sales to Public Authorities (445) Sales to Railroads and Railways (446) Interdepartmental Sales (448) TOTAL Electric Sales Sales for Resale (447) 447.1 Sales for Resale - RUS Borrowers 447.2 Sales for Resale - Other TOTAL Sales of Electricity Provision for Rate Refunds (449.1) TOTAL Revenues Net of Provision for Refunds Other Operating Revenues Forfeited Discounts (450) Miscellaneous Service Revenues (451) Sales of Water and Water Power (453) Rent from Electric Property (454) Interdepartmental Rents (455) Other Electric Revenues (456) Revenues from Transmission of Electricity of Others (456.1) Regional Transmission Service Revenues (457.1) Miscellaneous Revenues (457.2) TOTAL Other Operating Revenues TOTAL Electric Operating Revenues 35 36 37 38 39 Energy Sales and Use Summary Total Sales to Customers Energy Furnished without Charge Company Use (Excluding Station Use) Energy Losses Total Average Customer Count Demand and Energy Delivered Total Company KW kWh Revenue Revenue 1,879 1,879 $ $ 3,203,397 3,203,397 89 40 40 $ $ $ 485,194 439,803 439,803 0 $ 2,008 0 $ $ 2,008 2,008 2,008 20,798,706 20,798,706 $ $ 3,203,397 3,203,397 15,534.0 15,534.0 2,816,051 2,875,561 2,875,561 $ $ $ 485,194 439,803 439,803 0.0 0 $ 4,128,394 - 15,534.0 0.0 26,490,318 0 $ $ 4,128,394 - $ 4,128,394 15,534.0 26,490,318 $ 4,128,394 $ 4,128,394 15,534.0 26,490,318 $ 4,128,394 $ $ 11,380 11,008 $ $ 11,380 11,008 $ 5,444 $ 5,444 $ $ 27,832 4,156,226 $ $ 27,832 4,156,226 - 0.0 15,534.0 26,490,318 - kWh 0 Notes: Wyoming Public Service Commission Annual Report 10. Revenue Summary Page 22 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Rate Base and Return on Rate Base Wyoming Description 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 Rate Base Additions Plant in Service Plant Held for Future Use Prepayments Materials and Supplies Cash Working Capital Deferred Debits $ $ $ $ $ $ 8,388,481 77,793 7,418 341,219 129,397 219,531 Subtotal $ 9,163,839 $ 1,686,067 $ $ 7,052 29,395 Subtotal Total Rate Base $ $ 1,722,514 7,441,325 Net Utility Operating Income Actual Rate of Return on Rate Base Actual Rate of Return on Equity Actual Operating Ratio (if applicable) Actual Capital Structure - Percent Debt Actual Capital Structure - Percent Equity Authorized Rate of Return on Rate Base Authorized Rate of Return on Equity7/1/2004 not listed on Doc Authorized Operating Ratio (if applicable)-1003-co-0419 Effective Date of Rates of Return or Operating Ratio Docket No. of Authorization10003-co-0419 Capital Structure in Docket No. Above - Percent Debt Capital Structure in Docket No. Above - Percent Equity Cost of Debt in Capital Structure in Docket No. Above Operating Ratios Operating Times Interest Earned Ratio (OTIER) Rural Utilities Service OTIER (RUS OTIER) $ 599,214 8.220% 7.550% Rate Base Deductions Accumulated Provision for Depreciation Accumulated Provision for Amortization Accumulated Deferred Income Tax Consumer Advances for Construction Consumer Deposits Consumer Energy Prepayments Deferred Credits Wyoming Public Service Commission Annual Report 44.000% 56.000% 8.590% 2/1/2004 47.000% 53.000% 2.120 2.120 11. Rate Base & Return on RB Page 23 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Rate Base and Return on Rate Base 58 59 60 61 Net Times Interest Earned Ratio (NTIER) Operating Debt Service Coverage Ratio (ODSC) Net Debt Service Coverage Ratio (NDSC) Modified Debt Service Coverage Ratio (MDSC) Wyoming Public Service Commission Annual Report 2.400 1.700 1.850 1.690 11. Rate Base & Return on RB Page 24 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Electric Utility Load and Resources Report (Wyoming System Only) Peak Wyoming System Demands and Annual Energy Reported data are: 1 2 3 4 5 6 7 Year 2013 2014 2015 2016 2017 2018 2019 Summer (April - September) Month KW 3,975.0 July July 3,847.0 July 3,942.0 July 6,518.0 2016 Peak Day 8 9 10 Date Time KW Reading (If actual data are not available, provide the basis for the estimates in the notes section.) Winter (October - March) Month KW December 5,483.0 December 4,003.0 December 4,049.0 December 6,391.0 Notes: Annual Energy kWh 27,720,400 28,406,170 28,225,846 28,296,610 Notes: 7/25/2016 12:00 AM 6,518.0 Sources of Electricity 11 12 13 14 Year 2013 2014 2015 2016 15 16 17 18 Year 2013 2014 2015 2016 Steam Generation KW kWh Hydro Generation KW kWh Purchased Power KW kWh 37,886.0 28,406,170 38,447.0 28,225,846 42,128.0 26,896,118 58,344.0 28,296,610 Owned Generation Internal Combusion Engine Wind Generation KW kWh KW kWh Other Generation KW kWh Total Owned Generation KW kWh 0.0 0 0.0 0 0.0 0 0.0 0 Notes: Power Purchase Contracts Power Purchase Contracts Notes, page 1 Supplier 2016 KW Purchases 2016 kWh Purchases Contract Expiration Date 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Wyoming Public Service Commission Annual Report 12. Load & Resources Page 25 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Electric Utility Load and Resources Report (Wyoming System Only) 34 35 36 37 38 159 Totals Wyoming Public Service Commission Annual Report 0.0 0 12. Load & Resources Page 26 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Electric Transmission and Distribution Plant (Wyoming Only) Note: Use Wyoming-specific data only. For substations with multiple transformer banks, please use a separate line for each bank and note if the number of circuits listed is for the transformer bank or for the substation. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Transmission and subtransmission lines: Nominal Voltage Miles of Line Primary underground distribution lines: Nominal Voltage Miles of Line 7200 Phase 17 Single Phase: 18 Three Phase: 19 Instrument Rated Phase: Total Meters in Service 25.00 Meters in Service in Wyoming Advanced Meters in Service Primary overhead distribution lines: Nominal Voltage Miles of Line 7200 339.00 Types of Advanced Meters in Service Notes: Wyoming Public Service Commission Annual Report 13. T & D Plant Page 27 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Electric Transmission and Distribution Plant (Wyoming Only) Note: Use Wyoming-specific data only. For substations with multiple transformer banks, please use a separate line for each bank and note if the number of circuits listed is for the transformer bank or for the substation. Distribution Substations in Wyoming Name of Distribution Substation 20 21 Kysat 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 Wyoming Public Service Commission Annual Report Primary Voltage Secondary Voltage Section Township Range (i.e. 26-20-84) 6900/12470 t56n, r99w, sec 35 Number of Circuits Transformers by Voltage Nameplate Capacity of Transformers by Voltage Peak Loading of Transformers for Reporting Year 1 369kv/72kv 3-333 kva 864.0 13. T & D Plant Page 28 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Electric Transmission and Distribution Plant (Wyoming Only) Note: Use Wyoming-specific data only. For substations with multiple transformer banks, please use a separate line for each bank and note if the number of circuits listed is for the transformer bank or for the substation. 58 59 60 61 Transmission Substations and Switch Stations in Wyoming Name of Transmission Substation or Switch Station Primary Voltage Secondary Voltage Section Township Range (i.e. 26-20-84) Number of Circuits Transformers by Voltage Nameplate Capacity of Transformers by Voltage Peak Loading of Transformers for Reporting Year 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 Wyoming Public Service Commission Annual Report 13. T & D Plant Page 29 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Electric Transmission and Distribution Plant (Wyoming Only) Note: Use Wyoming-specific data only. For substations with multiple transformer banks, please use a separate line for each bank and note if the number of circuits listed is for the transformer bank or for the substation. 179 180 181 182 183 184 185 186 187 Wyoming Public Service Commission Annual Report 13. T & D Plant Page 30 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Emergency Curtailment, Contingency and Integrated Resource Plans Does Garland Light & Power Co. have an emergency curtailment plan for use in Wyoming? Yes Plan title, plan filing date and comments Does Garland Light & Power Co. have a contingency plan for use in Wyoming? No Plan title, plan filing date and comments Does Garland Light & Power Co. have an integrated resource plan for use in Wyoming? Yes Plan title, plan filing date and comments FPC Dockets 405, 455, 388.2 Wyoming Public Service Commission Annual Report 14. Emergency Plans & IRPs Page 31 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: Original Filing 1/0/1900 Major Facilities Construction Forecast Description & Details 1 2 Iron Creek Substation-Estimate Only 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Total In-Service Date 2017 Total 2018 Total 7/11/1905 $ - $ - 2019 Total $ 1,932,000 $ 1,932,000 2020 Total $ - 2021 Total $ - Five-Year Total $ $ 1,932,000 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 1,932,000 Notes: Wyoming Public Service Commission Annual Report 15. Construction Forecast Page 32 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Smart Grid Technologies Report The Commission's Order in Docket No. 90000-106-XO-08 (Record No. 11992) requires each electric utility to file an annual report regarding developments in smart grid technologies, including which technologies are being promoted by regional planning organizations, whether any smart grid technologies would be beneficial to any particular Wyoming customer, and whether utilities have considered or adopted any available smart grid technologies in Wyoming or in other jurisdictions. File attachments to this report in Docket No. 90000-106-XO-08. Provide the name of Garland Light & Power Co.'s regional planning organization: Describe the smart grid technologies Garland Light & Power Co.'s regional planning organization is promoting: NA Describe the smart grid technologies that would be beneficial to Garland Light & Power Co.'s customers: NA Discuss which class of Garland Light & Power Co.'s Wyoming customers benefits from each smart grid technology listed above: NA Discuss the smart grid technologies Garland Light & Power Co. has evaluated or considered adopting in Wyoming or in other jurisdictions: NA Provide the status of the smart grid technologies Garland Light & Power Co. has adopted or implemented: NA Wyoming Public Service Commission Annual Report 16. Smart Grid Technologies Page 33 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Important Changes During the Reporting Year For the reporting year, please include a short narrative description on this page of the annual report for the following: 1. Purchase, sale, discontinuance or abandonment of service of major utility facility operating units, property or equipment, specifying a description of the property and the transaction and the docket number for which authorization was granted. 2. All important financial changes of respondent such as bond issues or retirements, showing amounts, identity of bonds and purpose of or reason for the change. 3. Additional matters of fact (not elsewhere provided for) which the respondent may desire to include in this report. Changes, page 1 None Wyoming Public Service Commission Annual Report 17. Changes During the Year Page 34 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Important Changes During the Reporting Year Wyoming Public Service Commission Annual Report 17. Changes During the Year Page 35 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Reconciliation of Gross Wyoming Intrastate Retail Revenue 1 2 3 4 Description Total Wyoming Operating Revenues (400) Gross Wyoming Intrastate Retail Revenues Difference between Operating & Intrastate Revenue Adjustments to Operating Revenue Accounts that Derive 5 Gross Wyoming Intrastate Retail Revenues 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 105 Total Adjustments Amount $4,156,226.00 $0.00 $4,156,226.00 Amount 4156226 4156226 Adjustment Explanation $0.00 The difference on Line 3 must match the total on Line 105. Notes: Wyoming Public Service Commission Annual Report Tab: 18. Intrastate Revenues Page 36 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Interest Rate State the interest rate the utility used for deposits in 2016. If the interest rate used by the utility is different from the Commission Authorized Interest Rate for 2016, please explain why and indicate how the utility will correct or has corrected the oversight. 1.75% Supplemental Notes to this Annual Report Supplemental Notes, page 1 Wyoming Public Service Commission Annual Report 19. Int. Rate & Sup. Notes Page 37 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Interest Rate State the interest rate the utility used for deposits in 2016. If the interest rate used by the utility is different from the Commission Authorized Interest Rate for 2016, please explain why and indicate how the utility will correct or has corrected the oversight. 1.75% Supplemental Notes to this Annual Report Wyoming Public Service Commission Annual Report 19. Int. Rate & Sup. Notes Page 38 of 39 Garland Light & Power Co. Docket No. 10003 Reporting Year: 2016 Original Filing 1/0/1900 Oath and Verification Once report is complete, this page must be printed, signed, notarized, and mailed to the Wyoming Public Service Commission. Wyoming Park State of: County of: Affiant name: Official title: Legal name of reporting entity: Mary Ann Keeler General Manager Garland Light & Power Co. The Affiant, of lawful age, first being sworn according to law, upon oath hereby deposes and says: 1. Affiant has, by all necessary action, been duly authorized to make this Verification; 2. Affiant has examined the foregoing Annual Report and all attachments thereto; 3. Except as may be set forth in Paragraph 4 of this Oath and Verification, Affiant hereby verifies, upon Affiant's knowledge, that all statements contained in the foregoing Annual Report and all attachments thereto are correct and complete and constitute a correct statement of the business affairs of the above-named reporting entity with respect to each and every matter set forth therein for the period from and including January 1, 2016, to and including December 31, 2016; 4. Here state the source of Affiant's information and grounds of Affiant's beliefs as to any matters not stated to be verified upon Affiant's knowledge: Affiant Signature: Name and Title (please type): General Manager Notary (seal) (seal) State of: Wyoming County of: Park Subscribed and sworn to before me on this 24th day of March, 2017 Witness my hand and official seal: My Commission Expires: Wyoming Public Service Commission Annual Report 20. Oath & Verification Page 39 of 39