The document discusses energy jobs and the changing energy landscape in the upper Midwest region served by Xcel Energy. It notes Xcel's plans to invest $7.2 billion between 2010-2015 in infrastructure like wind, distribution, coal, natural gas, nuclear and transmission projects. This level of investment is expected to create significant job opportunities. It also summarizes Xcel's goals of ensuring reasonably priced, reliable energy while transitioning to a more diverse portfolio including increased renewable sources like wind and solar over time.

1. Energy Jobs in a Changing World Judy Poferl President and CEO, NSP-MN August 17, 2011

4. Our Investments Result in Jobs NSP Planned Infrastructure Investments ~ $7.2 Billion Between 2010 and 2015 0 $0.5B $1.5B $2.0B $2.5B Wind Distribution Coal/Nat Gas Nuclear Transmission $1.0B

6. Upper Midwest Fuel Mix Current Nuclear 30% Other 15% Coal 39% Wind 9% Natural Gas 7% 2025 Nuclear 28% Other 7% Coal 29% Wind 20% Natural Gas 16%

8. Stakeholder Alignment Creating jobs and energy sustainability Community Having access to sound programs and options Keeping rates reasonable Customers Building long-term goals Policymakers Implementing an efficient and effective framework for oversight and cost recovery Regulators Reducing risk and providing growth Shareholders

10. North Dakota Electric Rates Average residential electric rates by state Source: U.S. Energy Information Administration website, Rpt 861. Rates reflect 2009 averages.