RURAL ELECTRIC COOPERATIVES

Annual Report

Of

NORTHERN RIO ARRIBA ELECTRIC COOPERATIVE, INC.
(Exact legal name of Respondent)

TO THE
NEW MEXICO
PUBLIC REGULATION COMMISSION
FOR THE
YEAR ENDED DECEMBER 31, 20 ~

  

Long Term debt (Accounts 221-228)

 

Line
No.

To Whom PRC
Issued Decision

No.

Principal
Amount

Amount Outstanding

 

Principal

Deferred
Interest

Per Balance
Sheet

interest for Year

 

Rate

Amount

 

 

?oico'v?m'tdix'oo'

 

 

 

 

 

 

 

.





 

- Total

 

Less Advance Payments Unapproved (Account 227)

 

 

 

Total

 

 

 

 

 

 

 

 

RUS, CFC AND COBANK NOTES 2016

DATE

RATE

BEGINNING
BALANCE

PRINCIPAL
PAYMENTS

ENDING PRINCIPAL
BALANCE AS OF 12/31/2016

INTEREST
PAYMENTS

RET-10-20

2/15/2011

RET-11-1
RET-11-2

12/31/2015
9/21/2016

4.67%
5.00%
5.00%
TOTALS

$982,201.51
$400,000.00
$2,0S~000.00
$3,438,201.51

$21,238.37
$5,682.10
$7,581.43
$34,501.90

$960,963.14
$394,317.90
$2,048,418.57
$3,403,699.61

$45,290.59
$21,350.51
$28,057.59
$94,698.69

CFC NOTES

DATE

RATE

BEGINNING
BALANCE

PRINCIPAL
PAYMENTS

ENDING PRINCIPAL
BALANCE AS OF 12/31/2015

INTEREST
PAYMENTS

NM0159007001
NM0159008001

10/1/1998
10/1/1998

3.25%
3.25%
TOTALS

58,485.21
$67,198.92
$75,684.13

$1,254.20
$5,790.38
$7,044.58

$7,231.01
$61,408.54
$68,639.55

$245.62
$2,009.73
$2,255.35

COBANK NOTE

DATE

RATE

BEGINNING
BALANCE

PRINCIPAL
PAYMENTS

ENDING PRINCIPAL
BALANCE AS OF 12/31/2015

INTEREST
PAYMENTS

2594717

3/30/2012

3.4400%

$1,562,797.65

$156,125.19

$1,406,672.46

$51,304.22

RUS NOTES

 Page 1
ELECTRIC OPERATION AND MAINTENANCE EXPENSES
Enter in the space provided the operation and maintenance expenses for the year.

2. If the Increases and decreases are not derived from previously reported figures explain in footnotes.
Line
Account
Amount for Current
Increase or Decrease
No.
Year
From Preceding Year
(a)

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.

(c)

POWER PRODUCTION EXPENSES

STEAM POWER GENERATION
OPERATION
500 Operation Supervision and Engineering
501 Fuel
502 Steam Expenses
503 Steam From Other Sources
504 Steam Transferred - Credit
505 Electric Expenses
506 Miscellaneous Steam Power Expenses
507 Rents
Total Operation
MAINTENANCE
510 Maintenance Supervision and Engineering
511 Maintenance of Structures
512 Maintenance of Boiler Plant
513 Maintenance of Electric Plant
514 Maintenance of Miscellaneous Steam Plant
Total Maintenance
Total Power Production Expenses-Steam Power
NUCLEAR POWER GENERATION
OPERATION
517 Operation Supervision and Engineering
518 Fuel
519 Coolants and Water
520 Steam Expenses
521 Steam From Other Sources
522 Steam Transferred - Credit
523 Electric Expenses
524 Miscellaneous Nuclear Power Expenses
525 Rents
Total Operation
MAINTENANCE
528 Maintenance Supervision and Engineering
529 Maintenance of Structures
530 Maintenance of Reactor Plant Equipment
531 Maintenance of Electric Plant
532 Maintenance of Miscellaneous Nuclear Power
Total Maintenance
Total Power Production Expenses-Nuclear Power
HYDRAULIC POWER GENERATION
OPERATION
535 Operation Supervision and Engineering
536 Water for power
537 Hydraulic Expenses
538 Electric Expenses
539 Miscellaneous Hydraulic Power Generation Expenses
540 Rents
Total Operation
MAINTENANCE
541 Maintenance Supervision and Engineering
542 Maintenance of Structures

(b)

 Line
No.

P~0~. P
ELECTRIC OPERATION AND MAINTENANCE EXPENSES (continued)
Account
Amount for Current
(a)
Year

(b)

HYDRAULIC POWER GENERATION

Increase or Decrease

From Preceding Year

(c)

543 Maintenance of Reservoirs, Dams and
Waterways
4.
5.
6.
7.
8.
9.
10.

544 Maintenance of Electric Plant
545 Maintenance of Miscellaneous Hydraulic Plant
Total Maintenance
Total Power Production Expenses- Hydraulic Power
OTHER POWER GENERATION
OPERATION
546 Operation Supervision and Engineering
547 Fuel

548 Generation Expenses
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.

549 Miscellaneous Other Power Generation Expenses
550 Rents
Total Operation
MAINTENANCE
551 Maintenance Supervision and Engineering
552 Maintenance of Structures
553 Maintenance of Generating and Electric Plant
554 Maintenance Miscellaneous Other Power Generation
Plant
Total Maintenance
Total Power Production Expenses-Other Power
OTHER POWER SUPPLY EXPENSES
555 Purchased Power
556 System Control and Load Dispatching
557 Other Expenses
Total Maintenance
Total Power Production Expenses
TRANSMISSION EXPENSES
OPERATION
560 Operation Supervision and Engineering
561 Load Dispatching
562 Station Expenses
563 Overhead Line Expenses
564 Underground Line Expenses
565 Transmission of Electricity by Others
566 Miscellaneous Transmission Expenses
567 Rents
Total Operation
MAINTENANCE
568 Maintenance Supervision and Engineering
569 Maintenance of Structures
570 Maintenance of Station Equipment
571 Maintenance of Overhead Lines
572 Maintenance of Underground Lines
573 Maintenance of Miscellaneous Transmission Plant
Total Maintenance
Total Transmission Expenses
DISTRIBUTION EXPENSES
OPERATION
580 Operation Supervision and Engineering
581 Load Dispatching
582 Station Expenses
583 Overhead Line Expenses
584 Underground Line Expenses
585 Street Lighting and Signal System Expenses

2,087,857

88,025

2,087,857

88,025

17,792

<19,264>

17,792

~19,267>

5,717

1,295

7,468
5,570

<30,406>
<4,544>

 Line
No.

Pa0e 3
ELECTRIC OPERATION AND MAINTENANCE EXPENSES (continued)
Account
Amount for Current
(a)
Year

33.
34.
35.
36.
37.
38.
39.
40.
41.
42.
43.
44.
45.
46.
47.
48.
49.
50.
51.
52.
53.
54.

586 Meter Expenses
587 Customer Installations Expenses
588 Miscellaneous Distribution Expenses
589 Rents
Total Operation
MAINTENANCE
590 Maintenance Supervision and Engineering
591 Maintenance of Structures
592 Maintenance of Station Equipment
593 Maintenance of Overhead Lines
594 Maintenance of Underground Lines
595 Maintenance of Line Transformers
596 Maintenance of Street Lighting and Signal Systems
597 Maintenance of Meters
598 Maintenance of Miscellaneous Distribution Plant
Total Maintenance
Total Distribution Expenses
CUSTOM ER ACCOUNTS EXPENSES
OPERATION
901 Supervision
902 Meter Reading Expenses
903 Customer Records and Collection Expenses
904 Uncollectible Accounts
905 Miscellaneous Customer Accounts Expenses
Total Customer Accounts Expenses
SALES EXPENSES
OPERATION
911 Supervision
912 Demonstrating and Selling Expenses
913 Advertising Expenses
914 Revenues From Merchandising, Jobbing and Contract
Work
915 Cost and Expenses of Merchandising, Jobbing and
Contract Work
916 Miscellaneous Sales Expenses
Total Sales Expenses
ADMINISTRATIVE AND GENERAL EXPENSES
OPERATION
920 Administrative and General Salaries
921 Office Supplies and Expenses
922 Administrative Expenses Transferred-Credit
923 Outside Services Employed
924 Property Insurance
925 Injuries and Damages
926 Employee Pensions and Benefits
927 Franchise Requirements
928 Regulatory Commission Expenses
929 Duplicate Charges-Credit
930Miscellaneous General Expenses
931 Rents
Total Operation
MAINTENANCE
932 Maintenance of General Plant
Total Administrative and General Expenses
Total Electric Operation and Maintenance Expenses

From Preceding Year

(b)

DISTRIBUTION EXPENSES (continued)
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.

Increase or Decrease

$57,555

<36,087>

15,958
3,315
~)5,583

10,713
96
<58,933>

~,507
232,815
~,839
563
26,965
26,069

4,507
54,975
848
<1,315>
<24,194>
<2,662>

295,758
391,341

<32,159>
<91,092>

~5,579
261,252
5,552
g,385
320,768

<1,761>
<24,828>
452
<2,589>
<28,726>

30,197
5,569

<11,213>
(622>

35,766

dl,835>

347,063
14,261

(6,461>
2,944

26,306

11,728>

1,268

(90>
108

19,603

(4,348>

131,055
7,715
583,084

(14,343>
390
(44,863>

40,572
547,318
3,438,391

~12,353>
<33,028>
~19,013>

 Page 4
ELECTRIC OPERATION AND MAINTENANCE EXPENSES (continued)
SUMMARY OF ELECTRIC OPERATION AND MAINTENANCE EXPENSES

Line
Functional Classification
Operation
Maintenance
No.
(a)
(c)
(b)
I.
Power Production Expenses
2.
Electric Generation:
3.
Steam Power
4.
Nuclear Power
5.
Hydraulic Power
6.
Other Power
7. Other Power Supply Expenses
2,087,858
8.
Total Power Production Expenses
17,792
9. Transmission Expenses
95,583
295,758
10. Distribution Expenses
320,768
1 I. Customer Accounts Expenses
35,766
12. Sales Expenses
547,318
13. Administrative and General Expenses
313,550
14.
Total Electric Operation and Maintenance Expenses 3,087,293
NUMBER OF ELECTRIC DEPARTMENT EMPLOYEES
15.
16.
17.
18.

Number of electric Department Employees, Payroll Period Ending
Total Regular Full-Time Employees
Total Part-Time and Temporary Employees
Total Employees

Total

(d)

2,087,858
17,792
391,341
320,768
35,766
547,318
3,400,843

12/31/16

14

The data on number of employees should be reported for the payroll period ending nearest to October 31, or any
payroll period ending 60 days before or after October 31.
If the respondent’s payrolls for the reported period include any special construction forces include such employees
as part-time and temporary employees and show the number of such special construction employees so Included.
The number of employees assignable to the electric department from joint functions of combination utilities may be
determined by estimate, on the basis of employee equivalents. Show the estimated number of equivalent employees
attributed to the electric department from joint functions.

 Page 5

 

DISTRIBUTION OF SYSTEM LOAD IN SERVICE AREA

 

1. Information is desired regarding the distribution of the system load within the territory served by the system. This information should be furnished on the basis
used by respondent in maintaining load distribution data, such as by primary substations, operation divisions, communities, metropolitan areas, or other areas.
2. A sketch map showing the location and the approximate boundary of each of these areas, together with identification symbols, should be furnished.

 

Designation Of Map Annual Energy Provided for the Area Actual Estimated Date Of Annual

Area (Primary Symbol . . . . Peak Demand of Peak Load
substation, Tiff" Estimated Distribution - Percent . Area During the Fade,
operating division, I ours) Residential Commercial Industrial Public Streets Other Sales Irrigation Company Unaccounted Year (Kilowatts)

or community) Sales and Highway to Public Sales Use For

 

 

 

Lighting Authority
24,346,571 13,960,912 4,788,979 5,568,666 134,592 5,897 12/22/201671.00%

 

CHAMA

 

T.A

 

GHOST RANCH

 

CEBOLLA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 6
CONSTRUCTION OVERHEADS - ELECTRIC
1. Report below the information called for concerning construction overheads for the year.
2. List in column (a) the kinds of overheads according to the titles used by the respondent. Charges for outside
professional services for engineering fees and management of supervision fees capitalized should be shown as
separate item s.
3. On the lower section of this schedule furnish the requested explanatory information concerning construction
overheads.
4. A respondent should not report "none" to this schedule if no overhead apportionments are made, but rather should
explain on the lower section of this schedule that only such engineering, supervisor, and administrative cost, etc.,
which are directly chargeable construction are charged to construction, if this is the case. Engineering, supervision,
administrative and interest costs, etc., which are first assigned to a blanket work order and then prorated to construction
jobs shall be considered overheads for the purposes of formulating a response to this schedule.
Line
No.

1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.

Name of Overhead
(a)

LABOR
INDIRECT LABOR
TAXES
DUES & INSURANCE
EMPLOYEE BENEFITS
TRANSPORTATION
COMPUTER MAINTENANCE
ENGINEERING
TOTAL
MATERIAL
MATERIAL OH
Totals

Total Overheads Cleared
to Construction
(b)

Cost of Construction to
which Overheads were
charged (exclusive of
overhead charges)

Percent overheads to
construction cost
(d)

67,153
115,328
5,927
8,688
32,162
~,4,452
5,700
~,,990
67,153

%
295
12
22
57
44
19
9
454

55,925
18,651

137

264
2.35,898
123,078
GENERAL DESCRIPTION OF CONSTRUCTION OVERHEAD PROCEDURE

1. For each construction overhead for electric plant explain:
(a) a. Nature of the engineering, supervisory, or administrative work, etc., the overhead charges are intended to
cover.
(b) The general procedure for determining the amount capitalized.
(c) The method of distribution to construction jobs.
(d) Percentages applied to different types of construction.
(e) Basis of differentiation in percentages for different types of construction.
(f) Amounts capitalized for each overhead for the year for which this report is submitted.
2. In addition to other information concerning engineering and superintendence or other such over heads, explain
whether the amounts treated as overheads include all engineering and superintendence costs or only such portions as
are not directly chargeable to specific jobs.
3. For interest during construction state the interest rate used. The basic charges to which applied, in addition to the
amounts capitalized for the year for which this report is submitted.
FOR ALL COSTS NOT CHARGEABLE DIRECTLY TO A SPECIFIC WORK ORDER, 130% OF DIRECT LABOR IS APPLIED FOR EACH
MONTH TO COVER THESE COSTS.

 Page 7
ELECTRIC DISTRIBUTION METERS AND LINE TRANSFORMERS
Report below the information called for concerning distribution watt-hour meters and line transforms.
Watt-hour demand distribution meters should be included below but external demand meters should not be included.
Show in a footnote the number of distribution watt-hour meters or line transformers held by the respondent under lease
from others, jointly owned with others, or held otherwise that by reason of sole ownership by the respondent. If 500 or
more meters or line transformers are held under a lease, give name of lesser, date and period of lease and annual
rent. If 500 or more meters or line transformers are held other than by reason of sole ownership or lease, five name of
co-owner or other party, explain basis of accounting for expenses between the parties, and state amounts and
accounts affected in respondent’s books of account. Specify in each case whether lesser, co-owner or other party is an
associated company.
Lin
e

No.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.

Item

(a)
Number at beginning of year
Additions during year:
Purchases
Associated with utility plant acquired
Total Additions
Reductions during year:
Retirements
Associated with utility plant sold
Total reductions
Number at end of year
In stock
Locked meters on customers’ premises
Inactive transformers on system
In customers’ use
In company’s use
Total end of year (as above)

LINE TRANSFORMERS
Number
Total Capacity (kva)

Number of Watt-hour
Meters

(b)

(c)

(d)
70,568

5,801

3,780

2,923

44

650

7,959
1,100
277

3,824
57

74,645
1510.00

3,050
13
7,959

3,881
9
3,890

76,155
287
76,442

765

 Page 8
VERIFICATION

The foregoing report must be verified by the oath of the office having control of the accounting of the
respondent. The oath required may be taken before any person authorized to administer an oath by the
laws of the State in which the same is taken.
OATH
(To be made by the officer having control of the accounting of the respondent.)
State of NEW MEXICO
ss:

County of RIO ARRIBA
BENJAMIN LEYBA

makes oath and says that he is

(Insert here the name of the affiant.)

EXECUTIVE VP/GM
(Insert here the official title of the affiant.)

of NORTHERN RIO ARRIBA ELECTRIC COOPERATIVE, INC.
(Insert here the exact legal title of name of the respondent.)

that it is his duty to have supervision over the books of account of the respondent and that to the best of
his knowledge and belief such books have, during the period covered by the foregoing report, been kept
in good faith in accordance with the accounting and other orders of the New Mexico Public Regulation
Commission, effective during said period, that has examined the said report, and to the best of his
knowledge and belief the information contained, in the said report is, insofar as it relates to matters of
account, in accordance with the said books of account; that he believes that all other statements of fact
contained in the said report are true, and that the said report is correct statement of the business and
affairs of the above-named respondent in respect to each and every matter set forth
therein during the period from and including JANUARY 1

,2016,

to and including DECEMBER 31

Subscribed and sworn to before me, a
County above named, this

day of ,_ ~

,20 1£/-/-/-~

¯

~ o~~r a th~’~ed to administer oaths)

 Form I
New Mexico Jurisdictional Information
Year Ending December 31, 20m

Electric Company Name NORTHERN RIO ARRIBA ELECTRIC CO-OP, INC.
Address PO BOX 217 CHAMA NM 87520 1135 CAMINO ESCONDIDO
Phone Number 575-756-2181
Person Completing Form TRINA DEYAPP
Customer Class

Residential

Total

Other

Number of Customers

2,561

~,64

3,025

KWH Sales (Thousands)

13,960

10,385

24,345

2,384,845

1,662,485

4,047,330

5,451

22,381

27,832

931.22

3,582.94

1,337.96

77.60

298.58

111.50

D.16

0.17

Gross Revenues
Avg. Annual KWH Per Customer (1)
Avg. Annual Bill per Customer (2)
Avg. Monthly Bill per Customer (3)

Avg. Gross Revenue per KWH sold (4) 0.17

Directions for the completion of (1), (2), (3), (4):
(1) Divide KWH sales by number.of customers.
(2) Divide gross revenues by number of customers.
(3) Divide (2) by 12 months.
(4) Divide gross revenues by KWH sales.

NMPRC Rule 510

Effective 01/01/89

 ~

Northern Rio Arriba E/ectric Cooperat~e, Inc.
RO. Box 217 - CHAMA, NEW MEXICO 87520
Phone: (575) 756-2181
Fax: (575) 756-2200
E-mail: nora@noraelectric.org

April 27, 2017

Kathleen Segura
NM Public Regulation Commission

Dear Ms. Segura:
I am requesting an extension for our Rural Electric Cooperatives Annual Report on behalf of Northern
Rio Arriba Electric Co-op due April 30, 2017. We are requesting an extension until Monday, May 1, 2017
due to our Executive Vice-President/General Manager is currently out of state on business who is
authorized to sign the verification/oath.
I appreciate your attention to this request.

Sincerely,

Controller
Northern Rio Arriba Electric Co-op, Inc.
trina@noraelectric.or~