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      <TotalExpensesPerForm990>10608067</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION A, LINE 3</ReturnReference>
        <Explanation>FINANCIAL AND OPERATIONS MANAGEMENT AND CLAIMS ADMINISTRATION AND PAYMENT CONTRACTED TO THIRD PARTIES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION A, LINE 4</ReturnReference>
        <Explanation>WPPI MADE CHANGES TO AMENDMENT 1 TO THE FIRST RESTATED AGREEMENT GOVERNING THE WPPI BENEFIT PLAN TRUST. THESE CHANGES TO THE AMENDMENT WERE REPORTED AND SENT TO THE IRS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 11</ReturnReference>
        <Explanation>THE BUSINESS MANAGER AND FINANCIAL OVERSIGHT COMMITTEE REVIEW THE FORM 990 PRIOR TO SIGNATURE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>ANNUAL ACKNOWLEDGEMENT, ACCEPTANCE AND FINANCIAL INTENT DISCLOSURE IS REQUIRED FOR ALL BOARD MEMBERS, PRINCIPAL OFFICER OR COMMITTEE MEMBERS, AND CO-BUSINESS MANAGERS. BOARD CONDUCTS ANNUAL REVIEW AND EVALUATES POLICIES AND PROCEDURES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART XII, LINE 2C</ReturnReference>
        <Explanation>THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS DURING THE YEAR.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043400001">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>WPPI ENERGY</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>1425 CORPORATE CENTER DRIVE</AddressLine1>
          <City>SUN PRAIRIE</City>
          <State>WI</State>
          <ZIPCode>53590</ZIPCode>
        </AddressUS>
        <EIN>391392583</EIN>
        <PrimaryActivities>STATE MUNICIPAL ELECTRIC COMPANY</PrimaryActivities>
        <LegalDomicileState>WI</LegalDomicileState>
        <ExemptCodeSection>115</ExemptCodeSection>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>CITY OF CEDARBURG</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>PO BOX 49</AddressLine1>
          <City>CEDARBURG</City>
          <State>WI</State>
          <ZIPCode>53012</ZIPCode>
        </AddressUS>
        <EIN>396005410</EIN>
        <PrimaryActivities>STATE MUNICIPALITY</PrimaryActivities>
        <LegalDomicileState>WI</LegalDomicileState>
        <ExemptCodeSection>115</ExemptCodeSection>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>BLACK RIVER FALLS MUNICIPAL UTILITY</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>119 N WATER ST</AddressLine1>
          <City>BLACK RIVER FALLS</City>
          <State>WI</State>
          <ZIPCode>54615</ZIPCode>
        </AddressUS>
        <EIN>020654109</EIN>
        <PrimaryActivities>STATE MUNICIPAL UTILITY</PrimaryActivities>
        <LegalDomicileState>WI</LegalDomicileState>
        <ExemptCodeSection>115</ExemptCodeSection>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>CITY OF NEW RICHMOND</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>156 E 1ST STREET</AddressLine1>
          <City>NEW RICHMOND</City>
          <State>WI</State>
          <ZIPCode>54017</ZIPCode>
        </AddressUS>
        <EIN>396005554</EIN>
        <PrimaryActivities>STATE MUNICIPALITY</PrimaryActivities>
        <LegalDomicileState>WI</LegalDomicileState>
        <ExemptCodeSection>115</ExemptCodeSection>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>CITY OF NEW HOLSTEIN</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>2110 WASHINGTON ST</AddressLine1>
          <City>NEW HOLSTEIN</City>
          <State>WI</State>
          <ZIPCode>53061</ZIPCode>
        </AddressUS>
        <EIN>396005548</EIN>
        <PrimaryActivities>STATE MUNICIPALITY</PrimaryActivities>
        <LegalDomicileState>WI</LegalDomicileState>
        <ExemptCodeSection>115</ExemptCodeSection>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>MENASHA UTILITIES</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>PO BOX 340</AddressLine1>
          <City>MENASHA</City>
          <State>WI</State>
          <ZIPCode>54952</ZIPCode>
        </AddressUS>
        <EIN>396005526</EIN>
        <PrimaryActivities>STATE MUNICIPAL UTILITY</PrimaryActivities>
        <LegalDomicileState>WI</LegalDomicileState>
        <ExemptCodeSection>115</ExemptCodeSection>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>CITY OF WHITEHALL</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>PO BOX 155</AddressLine1>
          <City>WHITEHALL</City>
          <State>WI</State>
          <ZIPCode>54773</ZIPCode>
        </AddressUS>
        <EIN>396005657</EIN>
        <PrimaryActivities>STATE MUNICIPALITY</PrimaryActivities>
        <LegalDomicileState>WI</LegalDomicileState>
        <ExemptCodeSection>115</ExemptCodeSection>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>CITY OF NEW LONDON</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <EIN>396005550</EIN>
        <PrimaryActivities>STATE MUNICIPALITY</PrimaryActivities>
        <LegalDomicileState>WI</LegalDomicileState>
        <ExemptCodeSection>115</ExemptCodeSection>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>STURGEON BAY UTILITIES</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>PO BOX 27</AddressLine1>
          <City>STURGEON BAY</City>
          <State>WI</State>
          <ZIPCode>54235</ZIPCode>
        </AddressUS>
        <EIN>396005630</EIN>
        <PrimaryActivities>STATE MUNICIPAL UTILITY</PrimaryActivities>
        <LegalDomicileState>WI</LegalDomicileState>
        <ExemptCodeSection>115</ExemptCodeSection>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>CITY OF RIVER FALLS</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>222 LEWIS ST</AddressLine1>
          <City>RIVER FALLS</City>
          <State>WI</State>
          <ZIPCode>54022</ZIPCode>
        </AddressUS>
        <EIN>396005590</EIN>
        <PrimaryActivities>STATE MUNICIPALITY</PrimaryActivities>
        <LegalDomicileState>WI</LegalDomicileState>
        <ExemptCodeSection>115</ExemptCodeSection>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>COLUMBUS WATER &amp; LIGHT</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>950 MAPLE AVE</AddressLine1>
          <City>COLUMBUS</City>
          <State>WI</State>
          <ZIPCode>53925</ZIPCode>
        </AddressUS>
        <EIN>396005418</EIN>
        <PrimaryActivities>STATE MUNICIPAL UTILITY</PrimaryActivities>
        <LegalDomicileState>WI</LegalDomicileState>
        <ExemptCodeSection>115</ExemptCodeSection>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>CITY OF STURGEON BAY</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>421 MICHIGAN ST</AddressLine1>
          <City>STURGEON BAY</City>
          <State>WI</State>
          <ZIPCode>54235</ZIPCode>
        </AddressUS>
        <EIN>396005627</EIN>
        <PrimaryActivities>STATE MUNICIPALITY</PrimaryActivities>
        <LegalDomicileState>WI</LegalDomicileState>
        <ExemptCodeSection>115</ExemptCodeSection>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <ReceiptOfIntAnnRentsRoyalties>0</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>0</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>0</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>0</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>0</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>0</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>0</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>0</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>0</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>0</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>0</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>0</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>0</SharingOfFacilities>
      <SharingOfPaidEmployees>0</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>0</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>0</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>0</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>0</OtherTransferFromOtherOrg>
    </IRS990ScheduleR>
  </ReturnData>
</Return>