Disaggregation of Revenue |
NSP-Minnesota’s operating revenues consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | (Millions of Dollars) | | Electric | | Natural Gas | | All Other | | Total | Major revenue types | Revenue from contracts with customers: | Residential | | $ | 417 | | | $ | 54 | | | $ | 1 | | | $ | 472 | | C&I | | 615 | | | 42 | | | — | | | 657 | | Other | | 11 | | | — | | | 1 | | | 12 | | Total retail | | 1,043 | | | 96 | | | 2 | | | 1,141 | | Wholesale | | 74 | | | — | | | — | | | 74 | | Transmission | | 66 | | | — | | | — | | | 66 | | Interchange and other | | 123 | | | 5 | | | — | | | 128 | | Total revenue from contracts with customers | | 1,306 | | | 101 | | | 2 | | | 1,409 | | Alternative revenue and other | | 30 | | | 9 | | | — | | | 39 | | Total revenues | | $ | 1,336 | | | $ | 110 | | | $ | 2 | | | $ | 1,448 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2024 | (Millions of Dollars) | | Electric | | Natural Gas | | All Other | | Total | Major revenue types | Revenue from contracts with customers: | Residential | | $ | 350 | | | $ | 37 | | | $ | — | | | $ | 387 | | C&I | | 571 | | | 25 | | | — | | | 596 | | Other | | 10 | | | — | | | 3 | | | 13 | | Total retail | | 931 | | | 62 | | | 3 | | | 996 | | Wholesale | | 57 | | | — | | | — | | | 57 | | Transmission | | 56 | | | — | | | — | | | 56 | | Interchange and other | | 115 | | | 11 | | | — | | | 126 | | | | | | | | | | | Total revenue from contracts with customers | | 1,159 | | | 73 | | | 3 | | | 1,235 | | Alternative revenue and other | | 78 | | | 17 | | | — | | | 95 | | Total revenues | | $ | 1,237 | | | $ | 90 | | | $ | 3 | | | $ | 1,330 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025 | (Millions of Dollars) | | Electric | | Natural Gas | | All Other | | Total | Major revenue types | | | | | | | | | Revenue from contracts with customers: | | | | | | | | | Residential | | $ | 818 | | | $ | 249 | | | $ | 1 | | | $ | 1,068 | | C&I | | 1,159 | | | 176 | | | — | | | 1,335 | | Other | | 20 | | | — | | | 4 | | | 24 | | Total retail | | 1,997 | | | 425 | | | 5 | | | 2,427 | | Wholesale | | 192 | | | — | | | — | | | 192 | | Transmission | | 131 | | | — | | | — | | | 131 | | Interchange and other | | 246 | | | 8 | | | — | | | 254 | | | | | | | | | | | Total revenue from contracts with customers | | 2,566 | | | 433 | | | 5 | | | 3,004 | | Alternative revenue and other | | 64 | | | 37 | | | — | | | 101 | | Total revenues | | $ | 2,630 | | | $ | 470 | | | $ | 5 | | | $ | 3,105 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2024 | (Millions of Dollars) | | Electric | | Natural Gas | | All Other | | Total | Major revenue types | | | | | | | | | Revenue from contracts with customers: | | | | | | | Residential | | $ | 718 | | | $ | 175 | | | $ | 7 | | | $ | 900 | | C&I | | 1,093 | | | 115 | | | — | | | 1,208 | | Other | | 19 | | | — | | | 4 | | | 23 | | Total retail | | 1,830 | | | 290 | | | 11 | | | 2,131 | | Wholesale | | 132 | | | — | | | — | | | 132 | | Transmission | | 119 | | | — | | | — | | | 119 | | Interchange and other | | 240 | | | 28 | | | — | | | 268 | | | | | | | | | | | Total revenue from contracts with customers | | 2,321 | | | 318 | | | 11 | | | 2,650 | | Alternative revenue and other | | 171 | | | 45 | | | — | | | 216 | | Total revenues | | $ | 2,492 | | | $ | 363 | | | $ | 11 | | | $ | 2,866 | |
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