Central New Mexico Electric Cooperative, Inc. A Touchstone Energy Cooperauve ~ ’ P.O. Box 669 ° Moriarty, NM 87035 ° Phone (505) 832-4483 ° Fax (505) 847-1042 P.O. Box 157 ¯ Mountainair, NM 87036 ¯ Phone (505) 832-4483 ° Fax (505)847-2900 MATTHEW L. COLLINS General Manager April 27, 2017 FILED IN OFFICE OF New Mexico Public Regulation Commission P.O. Box 1269 Santa Fe, NM 87504-1269 MAY - I~ 2012 NM PUBLIC REGULATION COMM RECORD5 MANAGEMEN-t BUREAU ATTN: Matthew Lovato, ASD Director/CFO Enclosed you will find the PRC Annual Report for Central New Mexico Electric Cooperative, Inc. (CNMEC). The following NMAC references do not apply to CNMEC: 17.1.2.8(A)(E); 17.6.450.13(A)(B); 17.3.520.12(B); and SEC Form 10K Sincerely, Joshua Gorman Accounting Supervisor ENCS This institution is an equal opportunity provider and employer LONG TERM DEBT ACCOUNTS (221-228) Note To Whom PUC Date ot Date of Principal Amount Ident. Issued Decision Issue Maturity Amount Outstanding Line No. 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 44i 45 4~ 47 48 4£ 5(3 51 52 53 54 55 56i Principal 14230 14240 14250 1B260 1 B262 1 B270 1 B272 1 B280 1 B282 1B283 1B290 1 B292 1 B293 1B300 1B301 1B305 1B307 1B310 1B311 1B312 1 B320 1 B321 1B322 1B323 1 B324 1 B325 1B326 1 B327 1 B328 1 B330 1B340 1B341 1 B342 1 B343 1 B344 1 B345 1 B346 1 B347 1B350 1B351 1B352 1B353 1 B520 1B521 H0010 H0015 H0020 H0025 H0030 H0035 9J990 (Cr.Cushion) 1001 2001 3001 4001 5001 571 1,180,000 800,000 2,097,000 445,500 445,500 806,000 806,000 1,275,000 971,000 304,000 1,594,000 1,401,000 193,000 1,200,000 47,500 313,000 934,500 8,307,000 2,378,000 20,000 1,541,000 791,000 847,000 670,000 750,000 452,000 3,221,000 3,740,000 240,000 4,421,000 4;991,000 3,018,000 2,764,000 3,586,000 4,400,000 1,905,000 1,019,000 426,000 7,902,000 2,000,000 1,000,000 2,921,000 1,933,000 13,000 7,494,000 4,000,000 5,000,000 3,000,000 3,773,000 4,340,000 5,408,410 382,000 691,000 1,092,000 1,366,000 1,069,000 1,415,972 1,092,635 1,402,426 1,352,457 1,424,125 1,447,748 1,458,777i 1,495,502 ~ 1,463,904 1,562,972 1,498,042 1,518,059 1,602,900 1,593,160 1,510,430 1,636,707 1,697,546 1,727,306 1,678,677 1,186,275 18,329,790 6OOl 58 6002 5£ 6003 60 6004 61 6005 62 6006 63 6007 64 6008 65 6009 66 6010 67 6011 68 6012 69 6013 70 6014 71 6015 72 6016 73 6017 74 6018 75 6019 76 6020 77 2952394 Total Less: Advance Payments unapplied 227 Total I I I $ I I$ 142,041,620 $ 136,633,210 For Bal. Sheet Def.lnt. Interest for Year 2016 Amount Rat( 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6,604,029 3,609,728 4,473,665 2,680,021 3,485,038 4,110,804 5,408,410 13,400 112,577 329,276 628,548 662,722 0 0 0 0 0 1,090,804 1,458,777 1,495,502 1,463,904 1,562,972 1,498,042 1,518,059 1,602,900 1,593,160 1,510,430 1,636,707 1,697,546 1,727,306 1,678,677 1,186,275 18,020,556 C 0 0 0 0 0 O 0 0 0 0 0 0 0 0 0 31,044 20,334 17,428 19,743 27,237 12,345 6,553 2,901 55,726 14,396 5,726 16,952 0 0 250~802 158,912 116,989 66,972 113,255 128,035 NA 1,694 8,007 21,636 39,770 41,386 0 0 0 0 18,177 53,603 57,048 61,484 62,386 68,176 66,846 68,500 73,935 74,285 71,942 78,777 81,705 83,138 81,639 57,692 611,636 49,430,869 $ 2,848,809 44,022,459 $ 2,848,809 ELECTRIC OPERATION AND MAINTENANCE EXPENSES (Continued) Line No. 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 51i 52~ 53 54 55 Account (a) HYDRAULIC POWER GENERATION (Continued) 543 Maintenance of reservoirs, dams, and waterways 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 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 of 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 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 Increase or (Decrease) From Preceding Year Amount for Year (b) o $C c ¢ c c ¢ c c c o o 0 17,711,629 0 0 0 17,711,629 0 2 43,225 587 0 0 0 43,814 0 0 0 0 0 0 0 43,814 368,141 2,170 58,333 1,492,765 164,291 50,744 0 0 0 0 0 309, 86G 0 309,860 0 0 0 0 0 -1,090 -17 0 0 0 -1,107 0 0 0 0 0 0 0 0 -1,107 0 0 1,932 34 2,976 -15,235 4,755 14,500 ELECTRIC OPERATION & MAINTENANCE EXPENSES cont. Line No. 1 2 3 4 5 6; 7; 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 4O 41 42 43 44 45 46 47 48 49 50 51 52 53 54 Account DISTRIBUTION EXPENSES (Continued) 586 Meter expenses 587 Customer installation 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 599 Clearing Right-Of-Way Total Maintenance Total Distribution expenses CUSTOMER ACCOUNTS EXPENSES Operation 901 Supervision 902 Meter reading expenses 903 Customer records and collection expenses 904 Uncollectible accounts 905 Miscellaneous customer accounts expenses 906 Customer Accounts Expense-Capital Credits Total customer accounts expenses CUSTOMER SERVICE & INFORMATIONAL EXPENSES Operation 907 Supervision 908 Customer assistance 909 Advertising expenses 910 Miscellaneous 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 salades 921 Office supplies and expenses 922 Administrative expenses transferred-Cr 923 Outside services employed 924 Property insurance 925 Injudes and damages 926 Employee pensions and benefits 927 Franchise requirements 928 Regulatory commission expenses 929 Duplicate charges-Cr 930 Miscellaneous general expenses 931 Rents Total Operation Maintenance 935 Maintenance of general plant Total administrative and general expenses Total Electric Operation and Maintenance Expenses Amount for Year (b) Increase or (Decrease) From Preceding Year 343,666i 1801 399,171 0 2,879,461 -16,22~ -21 31,58C 131,045 0 2,661 875,957 23,662 49,607 1921 -25,262 -300,773 -1,062 -54~ -162 96,994 1,130,511 4,009,972 5,73C -272,46~ -248,176 61,027 374,174 1,168,083 0 0 3,655 1,606,939 -28,333 74,045 -56,933 67,565 oi 0 38,535 0 0 38,535 0 28,450 7,445 0 0 0 35,895 1,189,992 454,365 0 119,343 0 163,700 5,843 0 167,390 0 421,072 0 2,521,705 $ 24,292 120,487 2,642,192 26,088,977 $ -3,05~ 53,286 6,323 6,323 0 0 3,124 1,185 0 0 0 4,309 0 0 44,970 -21,266 0 -119,289 0 15,165 2,377 0 13,827 0 -17,988 0 -82,205 0 24,241 -57,964 66,532 Page 4 ELECTRIC OPERATION AND MAINTENANCE EXPENSES (continued) SUMMARY OF ELECTRIC OPERATION AND MAINTENANCE EXPENSES Line No. Functional Classification Operation Total (Gil Power Production Expenses 69 Electric Generation 69 6969- Steam Power (5 (U Nuclear Power (0 Hydraulic Power Other Power Other Power Supply Expenses 17,711,629 17,711,629 Total Power Production Expenses 17,711,629 17,711,629 Transmission Expenses 43,814 43,814 Distribution Expenses 2,879,461 4,009,972 11 Customer Expenses 1,606,939 1,606,939 12 Sales Expenses 74,431 74,431 13 Administrative Expenses 2,642,192 2,642,192 14 Total Electric Operation and Maintenance Expenses comm 24,958,466 269-9999699365-69-69 26,088,977 NUMBER OF ELECTRIC DEPARTMENT EMPLOYEES 68 1.5 Number of Electric Department Employees, Payroll Period Ending 12-31-15 16 Total Regular Full-Time Employees 67 17 Total Part-Time and Temporary Employees 1 18 Total Employees 68 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 payroli's for the reported period include any 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 equivatent 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 or Estimated Date of Annual Area (Primary Symbol Total . Peak Demand of Area Peak Load substation EstImated Distribution - Percent During the Year Factor operating Residential Commercial Industrial Public?Streets Irrigation Sales Company Use Unaccounted (Kilowatts) division or Sales and For community) Lighting (Kilowatt-hours) Rural Counties 170,529,437 52.8 22.1 5.9 19.20 Willard Mountainair 5,745,547 74.5 22.4 1.2 1.9 Vaughn Corona Encino 4,408,098 64.5 31.3 3.2 1.0 Willard 115 Moriarty Estancia 37,528,505 39.7 58.2 0.9 1.2 3888 Dec-16 Central Valley Total KWH Sales 218,211,587 930 Aug~16 Total KWH Purchased 240,668,234 Estancia Coop Used 928,052 0.004 8,709 Jun-16 Unaccounted For 22,456,647 0.080 Moriarty 28,400 .Iul- 15 Willard COINCIDENT - 3,923 Jul-16 CONSTRUCTION OVERHEADS-ELECTRIC 1. Report below the information called for conceming con- no overhead apportionments are made, but rather should explain on struction overheads for the year. the lower section of this shedule that only such engineering, supervisor, and administrative costs, etc., which are directly chargeable 2. List in column (a) the kinds of overheads according to the litles used by the respondent. Charges for outside professional se vices for engineering fees and management of supervision fees construction are charged to construction, if this is the case. Engineering, supervisior, sdministrative, and interest costs, etc., which ~aiized should be shown as spearate items. 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. 3. On the lower section of this shecule furnish the requested explanatory information cencerning construction overheads. 4. A respondent should not report "none" to this schedule if Line Name of Overhead Total overheads cleared # to construction Cost of construction to which overheads were charged (ex- Percent overheads to construction cost clusive of overhead charges) 1 2 3 4 (c) (a) (b) *Labor 421,765.62 297,796.47 432,904.11 17.98% 12.70% 18.46% Ind. Labor *Material *Transportation (d) 5 6 7 Stores 249,919.46 261,597.38 10.66% 11.15% *Taxes Misc. Overhead 63,658.39 0.00 2.71% 8 9 *Cash Distribution Engineering Services 125,604.01 0.00 10 11 Amort Work Plan Benefits *Contributions 0.00 491,944.48 0.00% 0.00% 20.98% -1,034,868.90 N/A 12 13 14 TOTAL 0.00% 5.36% 2,345,189.92 GENERAL DESCRIPTION OF CONSTRUCTION OVERHEAD PROCEDURE 1. For each construction overhead for electric plant explain (a) nature of the engineering, supervisory, or administrative work, etc., the overhead charges are intended to cover. (b) the general )rocedure for determining the amount capitalized. (c) the method 2. In addition to other information conceming engineering and superintendence or other such overheads, explain whether the amounts treated as overheads include all engineering and super- of distribution to construction jobs. (d) percentages applied to different types of construction (e) basis of differentiation in percent- intendence costs or only such portions as are not directly chargeable to specific jobs. 3. For interest during construction state the interest rate used, ages for different types of construction, and (f) amounts capitalized for each overhead for the year for which this report is sub- the basic charges to which applied, in addition to the amounts capitalized for the year for which this report is submitted. mitted. * Items above are direct charges. 2. Spread to individual work orders based on Direct Labor (DL). 5. Stores are spread based on material issues to individual work orders. 7. & 11. Benefits 9. Engineering services are spread based on DL (charges applicable to construction only). Page 7 ELECTRIC DISTRIBUTION METERS AND LINE TRANSFORMERS 1 .Report below the information called for concerning distribut.ion watt-hour meters and line transformers. 2. Watt-hour demand distribution meters should be included below but external demand meters should not be included. 3. 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 than by reason of sole ownership by the respondent. If 500 or more meters or line transformers are held under a lease, give name of lessor, 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, give 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. Specif!/in each case whether lessor, co-worker or other party is an associated company. LINE TRANSFORMERS Line No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Item (a) Additions during year: Purchases Associated with utility plant acquird Reductions during year: Retirements Associated with utility plant sold Number at end of year In stock Locked meters on customers’ premises Inactive transformers on system In customers’ use !n company’s use Number of watt-hour meters (b) Number (c) Total Capacity (kva) (d) New Mexico Jurisdictional Information Year Ending December 31, 2016 Electric Company Name Central New Mexico Electric Cooperative, Inc Address PO Box 157, Mountainair, NM 87036 Phone Number 505-832-4483 Person Completing Form Josh Gorman Customer Class Residential Number of Customers Other Total 15,739 1,951 17,690 kWh Sales 108,358,856 109,852,731 218,211,587 Gross Revenues 17,764,107 15,078,544 $ 32,842,651 Av~l. Annual kWh Per Customer 6885 56306 $ $ 1,128.67 $ 7,728.62 $ 1,856.57 94 $ 644 $ 155 Av~l. Gross Revenue Per kWh Solc $ 0.1639 $ Av~. Annual Bill Per Customer Avg. Monthly Bill Per Customer NMRPC Rule 510 0.1373 12335 $ 0.1505 Effective 01/01/89 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 (Tobe madebytheofficerhavingcontroloftheaccountingoftherespondent.) State of New Mexico County of Torrance Alena Brandenberger (Insert here the name of the affant.) of makes oath and says that he is CFO (Insert here the official title of the affant) Central New Mexico 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 o 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 fac 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 to and including January 1 ,20 16, December 31 ,20 1___~6, ( Signature of affiant) Subscribed and sworn to before me, a County above named, this 28th Notary , is and for the State and day of April ,20 17 My commission expires (Signature of officer authorized to administer oaths)