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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM U-9C-3

QUARTERLY REPORT PURSUANT TO RULE 58 OF
THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935

For the quarterly period ended December 31, 2002

Xcel Energy Inc.
(Name of Registered Holding Company)

800 Nicollet Mall, Minneapolis, Minnesota 55402
(Address of Principal Executives Offices)

Inquiries concerning this Form U-9C-3
may be directed to either:

David E. Ripka
Vice President and Controller
Xcel Energy Inc.
414 Nicollet Mall
Minneapolis, MN 55401
(612) 330-2958

or

Michael C. Connelly
Deputy General Counsel
Xcel Energy Inc.
800 Nicollet Mall
Minneapolis, MN 55402
(612) 215-4580

 

TABLE OF CONTENTS

Item 1. — ORGANIZATION CHART
Item 2. — ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTIONS
Item 3. — ASSOCIATED TRANSACTIONS
Item 4. — SUMMARY OF AGGREGATE INVESTMENT
Item 5. — OTHER INVESTMENTS
Item 6. — FINANCIAL STATEMENTS AND EXHIBITS
SIGNATURE

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XCEL ENERGY INC.
FORM U-9C-3
For the Quarter Ended December 31, 2002

Table of Contents

             
        Page  
       
 
Item 1.   Organization Chart     1  
             
Item 2.   Issuances and Renewals of Securities and Capital Contributions     1  
             
Item 3.   Associated Transactions     2  
             
Item 4.   Summary of Aggregate Investment     4  
             
Item 5.   Other Investments     5  
             
Item 6.   Financial Statements and Exhibits     5  
             
SIGNATURE         6  

 

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Item 1. — ORGANIZATION CHART

Omitted for the Fourth Quarter pursuant to instructions in “Item 1”.

Item 2. — ISSUANCES AND RENEWALS OF SECURITIES AND CAPITAL CONTRIBUTION

ISSUANCES AND RENEWALS OF SECURITIES (in thousands of dollars):

                                                         
Company   Type of     Principal     Issue   Cost   Person to   Collateral     Consideration  
Issuing   security     amount     or   of   whom security   given with     received for  
security   issued     of security     renewal   capital   was issued   security     each security  
 
   
   
 
 
 
   
 
Xcel Energy Retail
   ST Debt   $ 15,247     Renewal     2.99 %   Planergy International Inc.   None   $ 15,247  
Xcel Energy Retail
   ST Debt     200     Issue     2.99 %   Planergy International Inc.   None     200  
Xcel Energy Retail
   ST Debt     855     Renewal     2.99 %   Cadence Network Inc.   None     855  
Xcel Energy Retail
   ST Debt     69     Issue     2.99 %   Cadence Network Inc.   None     69  
e prime Energy Marketing
   ST Debt     1,412     Renewal     2.99 %   Xcel Energy Retail   None     1,412  
Quixx Corporation
   ST Debt     47,360     Renewal     2.99 %   Utility Engineering Corp.   None     47,360  
Utility Engineering Corp.
   ST Debt     413     Renewal     2.99 %   Applied Power Associates   None     413  
Utility Engineering Corp.
   ST Debt     2,150     Renewal     2.99 %   Proto-Power Corporation   None     2,150  
Utility Engineering Corp.
   ST Debt     1,500     Renewal     2.99 %   Universal Utility Services   None     1,500  
Utility Engineering Corp.
   ST Debt     575     Renewal     2.99 %   Precision Resource Co.   None     575  
Utility Engineering Corp.
   ST Debt     100     Issue     2.99 %   Precision Resource Co.   None     100  
Utility Engineering Corp.
   ST Debt     64,300     Renewal     2.99 %   Xcel Energy Wholesale Inc.   None     64,300  
Utility Engineering Corp.
   ST Debt     8,500     Issue     2.99 %   Xcel Energy Wholesale Inc.   None     8,500  
Xcel Energy Markets, Inc.
   ST Debt     17,170     Issue     2.99 %   e prime, Inc.   None     17,170  
Xcel Energy Markets, Inc.
   ST Debt     9,366     Renewal     2.99 %   Viking Gas Transmission   None     9,366  
Texas-Ohio Pipeline Inc.
   ST Debt     112     Renewal     2.99 %   Xcel Energy Ventures Inc.   None     112  
XERS Inc.
   ST Debt     1,642     Renewal     2.99 %   Xcel Energy Retail   None     1,642  

CAPITAL CONTRIBUTIONS (in thousands of dollars):

                 
Company   Company   Amount of  
Contributing   Receiving   Capital  
Capital   Capital   Contribution  
 
 
 
NSP-Minnesota
   Private Fuel Storage   $ 3,182  
NSP Nuclear Corporation
   Nuclear Management Company, LLC   $ 89  

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Item 3. — ASSOCIATED TRANSACTIONS

Part I. — Transactions performed by reporting companies on behalf of associate companies (in thousands of dollars).

                                                 
Reporting Company   Associate Company           Direct     Indirect     Cost     Total  
Rendering   Receiving           Costs     Costs     of     Amount  
Services   Services   Types of Services Rendered   Charged     Charged     Capital     Billed  
 
 
 
   
   
   
 
Utility Engineering Corp.
   PSCo   Engineering/Utility Professional Services   $ 70,784       —       —     $ 70,784  
Utility Engineering Corp.
   Southwestern Public Service Co.   Engineering/Utility Professional Services     13,524       —       —       13,524  
Utility Engineering Corp.
   Xcel Energy Services Inc.   Engineering/Utility Professional Services     1,314       —       —       1,314  
Utility Engineering Corp.
   NSP   Engineering/Utility Professional Services     6,991       —       —       6,991  
Utility Engineering Corp.
   Xcel International   Engineering/Utility Professional Services     296       —       —       296  
Utility Engineering Corp.
   NRG Energy Inc.   Engineering/Utility Professional Services     1,395       —       —       1,395  
e prime Inc.
   Southwestern Public Service Co.   Gas purchased     15,158       —       —       15,158  
e prime Inc.
   NSP-Minnesota   Gas purchased     2,665       —       —       2,665  
e prime Inc.
   NRG Energy Inc.   Gas purchased     19,482       —       —       19,482  
e prime Inc.
   Utility Engineering Corp.   Gas purchased     67       —       —       67  
Viking Gas Transmission Co.
   NSP-Minnesota   Gas transportation services     1,315       —       —       1,315  
Viking Gas Transmission Co.
   NSP-Wisconsin   Gas transportation services     631       —       —       631  

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Part II. — Transactions performed by associate companies on behalf of reporting companies (in thousands of dollars).

                                                 
Reporting Company   Associate Company           Direct     Indirect     Cost     Total  
Rendering   Receiving           Costs     Costs     of     Amount  
Services   Services   Types of Services Rendered   Charged     Charged     Capital     Billed  
 
 
 
   
   
   
 
Cadence Network Inc.
   Xcel Energy Services Inc.   Administrative support;
mgmt services		   $ 2     $ —     $ —     $ 2  
Planergy International Inc.
   Xcel Energy Services Inc.   Administrative support;
mgmt services		     147       258       22       427  
Quixx Linden LP
   Quixx Power Services   Power plant operating
management fee and
expenses		     1,434       —       —       1,434  
Quixx Linden LP
   Quixx Corporation   Partnership management fee     100       —       —       100  
Utility Engineering Corporation
   Xcel Energy Services Inc.   Administrative support;
mgmt services		     852       1,486       121       2,459  
e prime Inc.
   Xcel Energy Services Inc.   Administrative support;
mgmt services		     929       335       3       1,267  
e prime Inc.
   PSCo   Gas transportation services     226       —       —       226  
e prime Inc.
   PSCo   Compressor — usage     86       —       —       86  
NRG Energy Inc.
   Xcel Energy Services Inc.   Administrative support;
mgmt services		     5,032       4,864       17       9,913  
XERS Inc.
   Xcel Energy Services Inc.   Administrative support;
mgmt services		     2,533       79       9       2,621  
Energy Masters International
   Xcel Energy Services Inc.   Administrative support;
mgmt services		     364       —       —       364  
e prime Energy Marketing Inc.
   Xcel Energy Services Inc.   Administrative support;
mgmt services		     114       5       1       120  
Viking Gas Transmission Co.
   Xcel Energy Services Inc.   Administrative support;
mgmt services		     482       338       2       822  
e prime Florida
   Xcel Energy Services Inc.   Administrative support:
mgmt services		     1       —       —       1  

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Item 4. — SUMMARY OF AGGREGATE INVESTMENT

                             
Investments in energy-related companies:   (in thousands)                  
 
                 
Total consolidated capitalization as of December 31, 2002
   $ 21,112,776             Line 1
Total capitalization multiplied by 15% (Line 1 multiplied by 0.15)
     3,166,916             Line 2
Greater of $50 million or line 2
           $ 3,166,916     Line 3
 
Total current aggregate investment:
                        
(categorized by major line of energy-related business)
                        
 
Energy management services (Category I)
     90,472                  
 
Compressed natural gas services (Category III)
     101                  
 
Brokering/Marketing services (Category V)
     304,569                  
 
Utility engineering/construction services (Category VII)
     171,832                  
 
Developing/Ownership QF’s (Category VIII)*
     2,455,551                  
 
  
                 
   
Total current aggregate investment
             3,022,525     Line 4
 
          
         
Difference between the greater of $50 million or 15% of capitalization and the total aggregate investment of the registered holding company system (Line 3 less Line 4)
           $ 144,391     Line 5
 
          
         
 
Investments in gas-related companies:   (in thousands)          
 
         
Total current aggregate investment:
                
(categorized by major line of gas-related business)
Section 2(a) gas-related activities (Category I)
     94,215          
 
  
         
 
Total current aggregate investment
           $ 94,215  
 
          
 

*Includes $2,232.6 million of aggregated investment by Xcel Energy in NRG Energy

(a)  Aggregate investment includes guarantees.

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Item 5. — OTHER INVESTMENTS (in thousands)

                         
Major Line   Other     Other     Reason  
of Energy-Related   Investment in Last     Investment in This     for Difference in  
Business (a)   U-9C-3 Report     U-9C-3 Report     Other Investment  
 
   
   
 
Brokering/Marketing services
   $ 27,199     $ 27,199       N/A  
Engineering and related services
   $ 11,463     $ 11,463       N/A  
Developing/Ownership QF’s
   $ 85,713     $ 85,713       N/A  

(a)   Investments for these reporting companies, prior to March 23, 1997, were excluded from aggregate investments in Items 4. These reporting companies’ investments were subsidiaries, directly or indirectly, of Xcel Energy Inc.

Item 6. — FINANCIAL STATEMENTS AND EXHIBITS

A.   Financial Statements:

Omitted for the Fourth Quarter pursuant to instructions for “Item 6”.

B.   Exhibits:

None.

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SIGNATURE

     The undersigned registered holding company has duly caused this quarterly report to be signed on its behalf by the undersigned officer thereunto duly authorized pursuant to the requirements of the Public Utility Holding Company Act of 1935.

 
Xcel Energy Inc.
 
/s/ DAVID E. RIPKA
David E. Ripka
Vice President and
Controller

March 31, 2003

With the above signature, I also certify that the corresponding report on Form U-9C-3 for the fourth quarter of 2002 was filed with Xcel Energy Inc.’s interested state commissions whose names and addresses are listed below.

     
Public Utilities Commission of the State of Colorado   South Dakota Public Utilities Commission
1580 Logan Street   500 E. Capitol Ave.
Denver, CO 80203   Pierre, SD 57501
     
Public Service Commission of Wyoming   Public Service Commission of Wisconsin
Hansen Building, Suite 300   610 North Whitney Way
2515 Warren Avenue   Madison, WI 53707
Cheyenne, WY 82002    
     
Public Utility Commission of Texas   Michigan Public Service Commission
1701 N. Congress Avenue   6545 Mercantile Way, Suite 7
Austin, Texas 78711   Lansing, MI 48911
     
New Mexico Public Regulation Commission   Arizona Corporation Commission
224 E. Palace Avenue   1200 West Washington
Santa Fe, NM 87503   Phoenix, AZ 85007
     
Kansas Corporation Commission    
1500 SW Arrowhead Road    
Topeka, KS 66604    
     
Oklahoma Corporation Commission    
2101 N. Lincoln Blvd., Suite 130    
Oklahoma City, OK 73105    
     
Minnesota Public Utilities Commission    
121 E. 7th Place, Suite 350    
St. Paul, MN 55101    
     
North Dakota Public Service Commission    
600 East Blvd    
Bismarck, ND 58505    

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