National Electric Rate Survey Ranking of typical residential, commercial and industrial electric bills 2015 Survey 1040 O Street, P.O. Box 80869 Lincoln, NE 68501-0869 p: 402.475.4211 www.les.com Lincoln Electric System
2015 National Electric Rate Survey (January 1, 2015 Bills) The National Electric Rate Survey ranks residential, commercial and industrial electric rates of 106 cities across the nation. (1= Lowest Bill, 106 = Highest Bill) Rates used are those approved to be in effect January 1, 2015, including seasonal differences. Lincoln Electric System (LES) bills are calculated with rates that went into effect January 1, 2015 and include surcharges and other nonsales tax charges (if known). Bills for investor-owned utilities were collected from Edison Electric Institute s 2015 Typical Winter Bills report. Bills for municipals were surveyed directly by LES. Average bills are calculated using rates from a 12-month period to include seasonal rates. All bill data applies to one month of service. Lincoln ranks 11 th overall, 10 th in residential and 13 th in commercial and industrial combined. LES ranks in the top ten in 7 of 12 categories. Lincoln was 13 th last year. Overall, there are more electric rate increases (79 percent) than decreases (19 percent). Of the municipals, 76 percent reported increases, and 14 percent reported decreases. Of the investor-owned utilities, 80 percent reported increases, and 20 percent reported decreases. Looking at the real price of electricity (rates after adjustment for inflation), Lincoln s real price increased by 0.1 percent. The survey methodology changed in 2012 to calculate average monthly electric bills. This includes the effects of both summer and winter rates. In the past, bills were calculated with electric rates in effect on January 1 st with no consideration for summer rates. 2015 National Rate Survey Summary Page
2015 National Electric Rate Survey (January 1, 2015 Bills) LES residential customers using h pay $94.09, which is 31 percent less than the survey average of $137.21, while LES industrial customers using and 400,000 kwh pay $29,901, 30 percent less than the survey average of $43,022. Regionally, LES annual bills are the second lowest. Only Des Moines, ranked 4th lowest nationally, has a lower regional ranking than Lincoln. The region includes the following eight cities: Colorado Springs, Colorado Des Moines, Iowa Kansas City, Kansas Wichita, Kansas Minneapolis, Minnesota Kansas City, Missouri Lincoln, Nebraska Omaha, Nebraska 2015 National Rate Survey Summary Page
2015 National Rate Survey The 2015 National Rate Survey compares average monthly bills for rates in effect January 1, 2015 for 106 U.S. cities. Twelve typical usage levels broken into two residential and ten commercial and industrial categories are surveyed. Average bills are calculated using rates from a 12-month period which include seasonal rates. All bill data applies to one month of service. Edison Electric Institute provides information on the majority of the investor-owned utilities, while the municipals and remaining utilities are surveyed or calculated by LES. Bills in each category are ordered from lowest to highest to determine a ranking for each city between 1 and 106. Residential, commercial and industrial, and overall rank is determined by ordering the average ranks for each section. LES overall rank, as shown in Table 1, is 11 th, two spots better than the previous year. LES residential rank is 10 th, up three spots from 13 th in 2014, and the commercial and industrial rank is 13 th, up three spots from 16 th in 2013. LES ranks in the top ten in 7 of the 12 categories. Although LES did not have a rate increase in 2015, the average bill increase from 2014 was 0.1 percent driven by an increase in the City Dividend for Utility Ownership. The survey methodology includes the effects of both summer and winter rates to calculate average monthly electric bills for the year 2015. Table 2 lists cities with the highest and lowest overall ranks. Tulsa, OK has the lowest bills in the survey followed by Tacoma, WA; Boise, ID; Des Moines, IA; and Little Rock, AR. Lincoln, NE is 11 th. The highest cost city is Honolulu; however, most of the survey s highest bills come from cities in states such as Massachusetts, Connecticut, New York and California. Of all cities surveyed, 79 percent report average rate increases for the survey categories, and 19 percent report average rate decreases. Chart A depicts the general trend of rate changes. For the eleventh straight year, over half of the cities surveyed reported rate increases. Of the municipals, 76 percent reported increases, and 14 percent reported decreases. Of the investor-owned utilities (IOUs), 80 percent reported increases, and 20 percent reported decreases. Table 3 lists major rate changes since 2014. The biggest decrease belongs to New York City, NY. The biggest increase belongs to Columbia, SC. Table 4 shows the ten lowest and highest bills in all 12 categories. LES is in the ten lowest in 7 categories. In all categories, the lowest bills belong to a city in either Oklahoma, Idaho, Iowa, or Washington. The ten highest bills in each category are made up almost entirely of cities from the northeastern states plus California and Honolulu. Chart B shows sample ranges of all 12 bill categories. Charts C and D shows average bills per state for a residential customer using h. This customer in Lincoln pays $94.09 compared to the survey s average bill of $137.21. Charts E and F shows average bills for an industrial customer using 400,000 kwh with a demand. Lincoln s bill is $29,901, and the survey average is $43,022. The real price of electricity (rates adjusted for inflation) is considered in Charts G, H and I. Charts G and H depict average real prices for nine U.S. geographical regions for two survey categories while Chart I traces real prices in Lincoln compared with averages for investorowned utilities, municipal utilities and all utilities surveyed. The lowest residential bills are in the Pacific Northwest (Washington, Oregon) region (with an abundance of hydro power) while the highest residential bills are in the Pacific Southwest (California) region. The real July 2015 Rates & Analytics 1
price for electricity in Lincoln increased 0.1 percent in the h residential category compared to the survey average of 6.0 percent and 0.3 percent in the 400,000 kwh industrial category compared to the survey average of 10.2 percent. When ranked among just the cities in the region, as shown in Chart J, Lincoln has the lowest residential bills. Looking at the five categories ( and ) that represent the Large Light & Power rate class, the lowest bills in all five categories belong to Des Moines. Chart K shows Lincoln s rank as a percentage (rank over 106) compared to the rest of the survey. The region includes eight cities in Colorado, Nebraska, Kansas, Minnesota, Iowa, and Missouri. July 2015 Rates & Analytics 2
Table 1 2015 National Rate Survey LES Ranking as compared to surveyed cities Survey Rank Category Residential 2015 2014 Change 1. h 2. h 17 20 5 11 Residential Survey Rank: 10 13 3 6 3 Commercial and Industrial 3. 40 kw and 10,000 kwh (35% Load Factor) 4. 40 kw and 14,000 kwh (49% Load Factor) 5. and 150,000 kwh (42% Load Factor) 7. and 15,000 kwh (28% Load Factor) 8. and 30,000 kwh (56% Load Factor) 9. and 50,000 kwh (93% Load Factor) 11. and 400,000 kwh (56% Load Factor) 12. and 650,000 kwh (90% Load Factor) 3 6 6 7 37 42 6. and 180,000 kwh (50% Load Factor) 25 31 6 3 4 4 7 2 3 10. and 200,000 kwh (28% Load Factor) 55 60 5 18 28 6 12 3 1 5 1 3 1 10 6 Commercial and Industrial Survey Rank: 13 16 Overall Survey Rank: 11 13 3 2 Notes: Ranks are from 1 (lowest rank) to 106 (highest rank) Positive change indicates an improvement in rank. July 2015 Rates & Analytics 3
Table 2 2015 National Rate Survey Highest and Lowest Overall Ranks Overall Survey Rank 2015 Average Bill (1) Average Rank City (2014 Rank) Difference from 2014 1 1.9 Tulsa, OK (1) 5.3% 2 3.4 Tacoma, WA (2) 4.4% 3 5.7 Boise, ID (5) 1.5% 4 7.9 Des Moines, IA (3) 10.9% 5 9.0 Davenport, IA (7) 2.1% 6 9.1 Seattle, WA (6) 5.4% 7 10.4 Little Rock, AR (4) 9.0% 8 13.0 Charlotte, NC (17) -2.7% 8 13.0 Greensboro, NC (17) -2.7% 10 13.9 Wheeling, WV (14) -0.2% Overall Survey Rank 2015 Average Bill (1) Average Rank City (2014 Rank) Difference from 2014 97 96.8 Waterbury, CT (98) 13.1% 98 98.8 New York City, NY (105) -28.7% 99 99.9 San Diego, CA (102) 20.2% 100 100.1 Cambridge, MA (95) 43.0% 101 101.2 Pawtucket, RI (101) 39.0% 102 101.9 Bridgeport, CT (99) 42.0% 102 101.9 New Haven, CT (99) 42.0% 104 102.1 Boston, MA (103) 37.4% 105 103.5 Springfield, MA (96) 65.6% 106 104.8 Honolulu, HI (106) -12.2% (1) Average ranking of the 12 categories July 2015 Rates & Analytics 4
Chart A 2015 National Rate Survey National Trend in Electric Bills 100% 90% 80% 70% 30 12 40 22 8 29 11 21 8 14 6 40 3 37 6 22 3 4 35 44 0 33 4 2 2 22 19 41 60% 25 44 50% 40% 30% 20% 45 48 34 62 68 77 55 60 73 53 61 67 56 76 79 10% 0% 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015* Higher Bills Lower Bills No Change Rate Changes for the 2015 Survey Municipal Investor-owned Overall # Utilities Percent # Utilities Percent # Utilities Percent Average Increases 16 76 68 80 84 79 Average Decreases 3 14 17 20 20 19 No Change 2 10 0 0 2 2 21 100 85 100 106 100 Residential Rate Changes Municipal Investor-owned Overall # Utilities Percent # Utilities Percent # Utilities Percent Average Increases 17 81 67 79 84 79 Average Decreases 1 5 16 19 17 16 No Change 3 14 2 2 5 5 21 100 85 100 106 100 Commercial / Industrial Rate Changes Municipal Investor-owned Overall # Utilities Percent # Utilities Percent # Utilities Percent Average Increases 16 76 67 79 83 78 Average Decreases 3 14 18 21 21 20 No Change 2 10 0 0 2 2 21 100 85 100 106 100 *2015 shows the difference between average monthly bills from 2015 and 2014. Before 2011, winter bills were compared. July 2015 Rates & Analytics 5
Table 3 2015 National Rate Survey Major Rate Changes - Increases City Average Bill Difference from 2014 Overall Rank 2015 2014 Average Bill Differences from 2014 Commercial Residential and Industrial Springfield, MA 65.6% 105 96 29.0% 72.9% Cambridge, MA 43.0% 100 95 29.1% 45.8% Bridgeport, CT 42.0% 102 99 25.9% 45.2% New Haven, CT 42.0% 102 99 25.9% 45.2% Pawtucket, RI 39.0% 101 101 12.1% 44.3% Boston, MA 37.4% 104 103 29.0% 39.1% Erie, PA 31.2% 59 23-3.0% 38.0% Pittsburgh, PA 30.1% 70 29 22.0% 31.8% Lansing, MI 27.9% 85 56 25.8% 28.3% Rockford, IL 21.3% 53 24 25.1% 20.5% Chicago, IL 21.3% 53 24 25.1% 20.5% San Diego, CA 20.2% 99 102 12.3% 21.8% Waterbury, CT 13.1% 97 98 39.9% 7.8% Pueblo, CO 12.8% 88 87 13.2% 12.8% Portland, ME 12.4% 83 88 1.2% 14.6% Wichita, KS 11.9% 60 46 4.1% 13.4% Des Moines, IA 10.9% 4 3 4.7% 12.1% Baltimore, MD 10.8% 84 80-2.1% 13.4% Jackson, MS 10.5% 49 36 8.9% 10.8% Philadelphia, PA 10.3% 79 72-3.3% 13.0% Major Rate Changes - Decreases City Average Bill Difference from 2014 Overall Rank 2015 2014 Average Bill Differences from 2014 Commercial Residential and Industrial Detroit, MI -5.6% 50 66-4.1% -5.9% Wilmington, DE -6.1% 37 57 1.2% -7.5% Washington, D.C. -6.7% 75 85-3.8% -7.3% New Orleans, LA -9.0% 17 37-7.7% -9.2% Honolulu, HI -12.2% 106 106-11.4% -12.4% Buffalo, NY -19.9% 22 74 6.8% -25.2% New York City, NY -28.7% 98 105-23.0% -29.8% July 2015 Rates & Analytics 6
Table 4 2015 National Rate Survey 10 Lowest and Highest Bills Residential: h 10 Lowest Bills 10 Highest Bills Rank City Bill Change Rank City Bill Change 1 Seattle, WA $39.16 5.1% 97 Hempstead, NY $106.63-0.5% 2 Tulsa, OK $42.87 3.8% 98 San Diego, CA $112.41 13.6% 3 Tacoma, WA $43.95 3.5% 99 Springfield, MA $120.43 28.9% 4 Spokane, WA $44.33 0.0% 100 Cambridge, MA $123.09 28.5% 5 Austin, TX $47.87 1.3% 101 Boston, MA $123.11 28.5% 6 Duluth, MN $48.72 0.4% 102 Bridgeport, CT $139.14 25.0% 7 Boise, ID $51.06 1.9% 102 New Haven, CT $139.14 25.0% 8 Shreveport, LA $51.15 5.2% 104 New York City, NY $140.02-22.4% 9 Little Rock, AR $51.78 3.7% 105 Waterbury, CT $154.83 59.9% 10 Huntsville, AL $51.91 0.9% 106 Honolulu, HI $157.06-11.2% Residential: h 10 Lowest Bills 10 Highest Bills Rank City Bill Change Rank City Bill Change 1 Tacoma, WA $82.40 3.8% 97 Waterbury, CT $212.93 19.9% 2 Spokane, WA $83.06 0.0% 98 Springfield, MA $238.85 29.2% 3 Tulsa, OK $84.10 3.9% 99 Cambridge, MA $239.29 29.6% 4 Wheeling, WV $93.78-0.1% 100 Boston, MA $239.76 29.5% 5 Lincoln, NE $94.09 0.0% 101 San Francisco, CA $250.78-0.2% 6 Indianapolis, IN $94.30 0.0% 102 New Haven, CT $261.03 26.7% 7 Shreveport, LA $94.75 5.1% 102 Bridgeport, CT $261.03 26.7% 8 Huntsville, AL $94.94 1.0% 104 New York City, NY $263.35-23.6% 9 New Orleans, LA $96.14-8.0% 105 Honolulu, HI $307.87-11.7% 10 Springfield, MO $96.58 12.7% 106 San Diego, CA $312.29 11.0% Commercial: 40 kw and 10,000 kwh 10 Lowest Bills 10 Highest Bills Rank City Bill Change Rank City Bill Change 1 Boise, ID $755 0.7% 97 Waterbury, CT $2,050 15.5% 2 Tulsa, OK $756 5.0% 98 Cambridge, MA $2,192 31.9% 3 Lincoln, NE $784 0.0% 99 New Haven, CT $2,219 25.2% 4 Seattle, WA $799 4.6% 99 Bridgeport, CT $2,219 25.2% 5 Tacoma, WA $808 4.5% 101 New York City, NY $2,390-25.9% 6 Reno, NV $816-1.0% 102 Boston, MA $2,393 27.4% 7 Little Rock, AR $840 8.4% 103 San Diego, CA $2,572 23.8% 8 Des Moines, IA $847-0.1% 104 Pawtucket, RI $2,634 32.8% 9 Davenport, IA $850-5.2% 105 Honolulu, HI $2,890-12.0% 10 Omaha, NE $853 1.3% 106 Springfield, MA $2,959 64.6% Commercial: 40 kw and 14,000 kwh 10 Lowest Bills 10 Highest Bills Rank City Bill Change Rank City Bill Change 1 Boise, ID $959 0.6% 97 Waterbury, CT $2,581 13.2% 2 Tulsa, OK $1,000 5.4% 98 New York City, NY $2,838-29.2% 3 Des Moines, IA $1,052 6.9% 99 New Haven, CT $2,845 27.5% 4 Davenport, IA $1,056 0.4% 99 Bridgeport, CT $2,845 27.5% 5 Reno, NV $1,073-1.1% 101 Cambridge, MA $2,861 36.1% 6 Lincoln, NE $1,074 0.0% 102 San Diego, CA $2,951 22.9% 7 Little Rock, AR $1,087 8.6% 103 Boston, MA $3,062 31.9% 8 Greensboro, NC $1,092-5.2% 104 Pawtucket, RI $3,519 34.8% 8 Charlotte, NC $1,092-5.2% 105 Honolulu, HI $3,818-12.8% 10 Omaha, NE $1,105 1.3% 106 Springfield, MA $3,910 72.3% July 2015 Rates & Analytics 7
Table 4 2015 National Rate Survey 10 Lowest and Highest Bills Commercial: and 150,000 kwh 10 Lowest Bills 10 Highest Bills Rank City Bill Change Rank City Bill Change 1 Tulsa, OK $9,398 5.5% 97 San Francisco, CA $27,856 8.9% 2 Tacoma, WA $9,615 4.6% 98 New York City, NY $32,250-27.9% 3 Des Moines, IA $9,649 6.1% 99 San Diego, CA $32,650 20.9% 4 Davenport, IA $10,351-5.2% 100 Cambridge, MA $37,390 54.9% 5 Seattle, WA $10,630 4.4% 101 Pawtucket, RI $39,536 53.0% 6 Boise, ID $10,684 0.7% 102 Boston, MA $41,344 45.1% 7 Buffalo, NY $11,586-25.9% 103 Springfield, MA $42,130 70.0% 8 Charlotte, NC $11,713-2.7% 104 New Haven, CT $44,005 60.3% 8 Greensboro, NC $11,713-2.7% 104 Bridgeport, CT $44,005 60.3% 10 Raleigh, NC $11,775 0.6% 106 Honolulu, HI $44,181-11.1% Commercial: and 180,000 kwh 10 Lowest Bills 10 Highest Bills Rank City Bill Change Rank City Bill Change 1 Tulsa, OK $10,620 5.8% 97 Hempstead, NY $32,084-0.7% 2 Tacoma, WA $10,799 4.6% 98 San Diego, CA $35,482 20.8% 3 Des Moines, IA $10,974 9.7% 99 New York City, NY $35,610-29.7% 4 Davenport, IA $11,816-1.4% 100 Cambridge, MA $43,813 57.6% 5 Boise, ID $12,215 0.7% 101 Pawtucket, RI $46,733 54.1% 6 Seattle, WA $12,532 4.5% 102 Boston, MA $47,706 48.4% 7 Buffalo, NY $13,008-26.9% 103 Springfield, MA $49,192 74.1% 8 Raleigh, NC $13,304 0.9% 104 Honolulu, HI $50,402-11.8% 9 Little Rock, AR $13,371 12.0% 105 Bridgeport, CT $51,364 62.7% 10 Greensboro, NC $13,381-3.6% 105 New Haven, CT $51,364 62.7% Industrial: and 15,000 kwh 10 Lowest Bills 10 Highest Bills Rank City Bill Change Rank City Bill Change 1 Tulsa, OK $1,118 5.1% 97 Waterbury, CT $3,339 19.8% 2 Seattle, WA $1,119 4.4% 98 New Haven, CT $3,501 24.1% 3 Lincoln, NE $1,146 0.0% 98 Bridgeport, CT $3,501 24.1% 4 Tacoma, WA $1,185 4.4% 100 Cambridge, MA $3,504 28.5% 5 Boise, ID $1,239 1.5% 101 New York City, NY $3,593-25.8% 6 Colorado Springs, CO $1,277 4.7% 102 Pawtucket, RI $3,957 32.5% 7 Reno, NV $1,279-0.9% 103 Boston, MA $4,023 22.5% 8 Little Rock, AR $1,345 8.2% 104 San Diego, CA $4,365 23.3% 9 Charlotte, NC $1,357-3.3% 105 Honolulu, HI $4,458-11.9% 9 Greensboro, NC $1,357-3.3% 106 Springfield, MA $4,528 61.7% Industrial: and 30,000 kwh 10 Lowest Bills 10 Highest Bills Rank City Bill Change Rank City Bill Change 1 Tacoma, WA $1,777 4.5% 97 Hempstead, NY $5,261-0.6% 2 Boise, ID $2,020 1.8% 98 Waterbury, CT $5,331 23.0% 3 Tulsa, OK $2,040 5.6% 99 San Diego, CA $5,787 21.7% 4 Lincoln, NE $2,052-0.3% 100 Bridgeport, CT $5,959 28.1% 5 Seattle, WA $2,070 4.4% 100 New Haven, CT $5,959 28.1% 6 Des Moines, IA $2,146 13.3% 102 Cambridge, MA $6,015 37.5% 7 Davenport, IA $2,155 7.0% 103 Boston, MA $6,529 32.0% 8 Raleigh, NC $2,197 0.7% 104 Pawtucket, RI $7,243 36.2% 9 Omaha, NE $2,215 1.3% 105 Honolulu, HI $7,935-13.4% 10 Greensboro, NC $2,221-2.0% 106 Springfield, MA $8,094 77.2% July 2015 Rates & Analytics 8
Table 4 2015 National Rate Survey 10 Lowest and Highest Bills Industrial: and 50,000 kwh 10 Lowest Bills 10 Highest Bills Rank City Bill Change Rank City Bill Change 1 Tacoma, WA $2,566 4.6% 97 Waterbury, CT $7,986 24.7% 2 Lincoln, NE $2,658-0.4% 98 San Francisco, CA $8,037 9.0% 3 Greensboro, NC $3,023-0.2% 99 Hempstead, NY $8,239-0.7% 3 Charlotte, NC $3,023-0.2% 100 New Haven, CT $8,664 30.9% 5 Tulsa, OK $3,030 6.4% 100 Bridgeport, CT $8,664 30.9% 6 Boise, ID $3,063 2.0% 102 Cambridge, MA $9,363 42.4% 7 Omaha, NE $3,071 1.4% 103 Boston, MA $9,870 37.8% 8 Wheeling, WV $3,104 0.0% 104 Pawtucket, RI $11,624 38.0% 9 Des Moines, IA $3,108 31.5% 105 Honolulu, HI $12,571-14.1% 10 Davenport, IA $3,123 14.7% 106 Springfield, MA $12,850 85.5% Industrial: and 200,000 kwh 10 Lowest Bills 10 Highest Bills Rank City Bill Change Rank City Bill Change 1 Tulsa, OK $14,445 4.7% 97 Portland, ME $47,446 39.2% 2 Des Moines, IA $14,705 1.9% 98 New York City, NY $47,517-25.7% 3 Seattle, WA $14,920 10.0% 99 Cambridge, MA $53,982 47.1% 4 Tacoma, WA $15,238 4.6% 100 Pawtucket, RI $55,010 50.1% 5 Davenport, IA $15,641-5.5% 101 San Diego, CA $55,824 21.5% 6 Boise, ID $16,207 1.8% 102 Springfield, MA $60,016 60.9% 7 Oklahoma City, OK $17,054 0.4% 103 Boston, MA $61,243 37.5% 8 Cleveland, OH $17,406 10.3% 104 New Haven, CT $66,148 55.0% 9 Saint Louis, MO $17,445 0.9% 104 Bridgeport, CT $66,148 55.0% 10 Greensboro, NC $17,482-3.0% 106 Honolulu, HI $66,720-10.0% Industrial: and 400,000 kwh 10 Lowest Bills 10 Highest Bills Rank City Bill Change Rank City Bill Change 1 Tulsa, OK $22,588 6.1% 97 Hempstead, NY $69,724-0.7% 2 Tacoma, WA $23,130 4.6% 98 San Diego, CA $74,703 21.2% 3 Des Moines, IA $23,539 12.0% 99 Portland, ME $78,814 50.7% 4 Davenport, IA $25,411 5.7% 100 Cambridge, MA $96,806 58.3% 5 Boise, ID $25,477 2.3% 101 Pawtucket, RI $102,990 54.8% 6 Oklahoma City, OK $25,761 1.2% 102 Boston, MA $103,659 50.4% 7 Lexington, KY $26,857 4.5% 103 Springfield, MA $107,102 77.3% 8 Buffalo, NY $27,468-27.8% 104 Honolulu, HI $108,198-12.7% 9 Seattle, WA $27,600 7.7% 105 Bridgeport, CT $111,227 66.1% 10 Little Rock, AR $27,964 11.2% 105 New Haven, CT $111,227 66.1% Industrial: and 650,000 kwh 10 Lowest Bills 10 Highest Bills Rank City Bill Change Rank City Bill Change 1 Tulsa, OK $32,767 6.9% 97 Waterbury, CT $101,653-0.7% 2 Tacoma, WA $32,995 4.6% 98 Hempstead, NY $106,321-0.8% 3 Des Moines, IA $33,848 27.5% 99 Portland, ME $118,024 57.3% 4 Little Rock, AR $34,041 12.7% 100 Cambridge, MA $150,336 63.9% 5 Lexington, KY $36,505 5.5% 101 Boston, MA $156,679 57.7% 6 Lincoln, NE $36,511 0.3% 102 Honolulu, HI $160,045-14.0% 7 Oklahoma City, OK $36,644 1.6% 103 Pawtucket, RI $162,965 56.9% 8 Davenport, IA $36,890 10.4% 104 Springfield, MA $165,960 85.8% 9 Boise, ID $37,064 2.6% 105 Bridgeport, CT $167,576 72.2% 10 Wheeling, WV $37,532-0.1% 105 New Haven, CT $167,576 72.2% July 2015 Rates & Analytics 9
Chart B 2015 National Rate Survey $500 Sample Ranges of Residential Bills $400 $307.87 Dollars $300 $200 $100 $42.87 $54.22 $72.01 $157.06 $84.10 $94.09 $130.84 $0 h h Tulsa, OK Status #1 Lincoln, NE Status #11 Chicago, IL Status #53 Honolulu, HI Status #106 Sample Ranges of Commercial and Industrial Bills $20 Dollars (Thousands) $16 $12 $8 $4 $0.76 $0.78 $1.12 $2.89 $1.00 $1.07 $1.45 $1.07 $1.12 $1.15 $1.77 $4.46 $2.04 $2.05 $3.00 $7.94 $3.03 $2.66 $4.63 $12.57 $0 40 kw 10,000 kwh 40 kw 14,000 kwh 180,000 kwh 15,000 kwh 180,000 kwh Tulsa, OK Status #1 Lincoln, NE Status #11 Chicago, IL Status #53 Honolulu, HI Status #106 Sample Ranges of Commercial and Industrial Bills $250 Dollars (Thousands) $200 $150 $100 $50 $9.40 $14.34 $14.88 $44.18 $10.62 $15.15 $17.16 $50.40 $14.45 $24.61 $19.11 $66.72 $22.59 $29.90 $34.33 $108.20 $32.77 $36.51 $53.36 $160.05 $0 150,000 kwh 180,000 kwh 200,000 kwh 400,000 kwh 650,000 kwh Tulsa, OK Status #1 Lincoln, NE Status #11 Chicago, IL Status #53 Honolulu, HI Status #106 July 2015 Rates & Analytics 10
Chart C 2015 National Rate Survey Average Bill Per State: Residential h OR $111 CA $242 WA $88 AK $156 ID $99 NV $127 UT $109 AZ $116 HI $307 MT $113 WY $148 CO $127 NM $136 ND $100 SD $123 NE $103 LES $94 KS $121 OK $95 TX $121 MN $117 IA $116 MO $104 AR $96 LA $97 WI $145 IL $127 MS $113 MI $141 OH IN $133 $127 KY $100 TN $103 AL $115 WV $93 NC $109 SC GA $146 $119 FL $113 NH $176 VT $160 PA $141 NY $204 VA $116 ME $146 MA $239 CT $244 RI $191 NJ $172 MD $139 DE $125 DC $123 Note: The bills of public power utilities include the city dividend, surcharges, and other non-sales taxes if known. LES - $94.09 U.S. Average - $135.86 Under $105 $105 - $120 $121 - $135 Over $135 Muni. Average - $120.53 IOU Average - $139.65 July 2015 Rates & Analytics 11
Chart D 2015 National Rate Survey Lowest to Highest Residential Bill Comparison - h 12-Month Average: January 2015 $350 $307 $300 $244 $242 $239 $250 $204 $191 $176 $172 $160 $156 $148 $146 $146 $145 $141 $141 $139 $136 $133 $127 $127 $127 $127 $125 $123 $123 $121 $121 $119 $117 $116 $116 $116 $115 $113 $113 $113 $111 $109 $109 $104 $103 $103 $100 $100 $99 $97 $96 $95 $94 $93 $88 $200 $150 $100 $50 $- HI CT CA MA NY RI NH NJ VT AK WY SC ME WI PA MI MD NM OH NV IN IL CO DE SD DC TX KS GA MN VA IA AZ AL MT MS FL OR UT NC MO TN NE ND KY ID LA AR OK LES WV WA State July 2015 Rates & Analytics 12
Chart E 2015 National Rate Survey Average Bill Per State (Thousands): Industrial and 400,000 kwh OR $31 CA $62 WA $28 AK $53 ID $25 NV $38 UT $32 AZ $35 HI $108 MT $35 WY $44 CO $38 NM $40 ND $32 SD $35 NE $28 LES $30 MN $33 IA $27 AR $27 IL $39 IN $35 KS MO $36 $32 KY $28 TX $40 OK $24 LA $30 WI $41 MS $33 MI $40 TN $36 AL $31 OH $36 GA $42 WV $28 PA $40 NC $29 SC $38 FL $37 NH $56 VT $56 NY $55 VA $31 ME $78 MA $102 CT $96 RI $102 NJ $56 MD $48 DE $32 DC $42 Note: The bills of public power utilities include the city dividend, surcharges, and other non-sales taxes if known. LES - $29,901 U.S. Average - $42,665 Under $30 $30 - $35 $36 - $40 Over $40 Muni. Average - $39,622 IOU Average - $43,417 July 2015 Rates & Analytics 13
Chart F 2015 National Rate Survey Lowest to Highest Industrial Bill Comparison - & 400,000 kwh 12-Month Average: January 2015 $120 $108 $102 $102 $96 $100 $78 $80 $62 $56 $56 $56 $55 $53 $48 $44 $42 $42 $41 $40 $40 $40 $40 $39 $38 $38 $38 $37 $36 $36 $36 $35 $35 $35 $35 $33 $33 $32 $32 $32 $32 $31 $31 $31 $30 $30 $29 $28 $28 $28 $28 $27 $27 $25 $24 $60 $40 $20 $- HI RI MA CT ME CA VT NJ NH NY AK MD WY GA DC WI TX PA NM MI IL SC NV CO FL TN OH KS SD MT IN AZ MS MN UT ND MO DE VA OR AL LES LA NC WV WA NE KY IA AR ID OK State July 2015 Rates & Analytics 14 Thousands
Chart G 2015 National Rate Survey Residential Real Price - h $120 $100 Pac SW New England Average Bill 82/84 Dollars $80 $60 $40 Mid Atlantic Central Ind. Rocky Mtn. Southeast West Central South Central Pac NW LES isin the West Central region. $20 $0 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Central Industrial Middle Atlantic New England Pacific Northwest Pacific Southwest Rocky Mountain South Central Southeast West Central The bills for 2011through 2015 are for an average monthly bill. The bills for all years before 2011 use winter rates only. 1982/84 are the base years. Schedule 7 identifies in which region each city is located. July 2015 Rates & Analytics 15
Chart H 2015 National Rate Survey Industrial Real Price - and 400,000 kwh $45 $40 New England $35 Average Bill 82/84 Dollars $30 $25 $20 $15 $10 Pac SW Mid Atlantic Central Ind. Rocky Mtn. Southeast South Central West Central Pac NW $5 LES isin the West Central region. $0 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Central Industrial Middle Atlantic New England Pacific Northwest Pacific Southwest Rocky Mountain South Central Southeast West Central The bills for 2011 through 2015 are for an average monthly bill. The bills for all years before 2011 use winter rates only. 1982/84 are the base years. Schedule 7 identifies in which region each city is located. July 2015 Rates & Analytics 16
Chart I 2015 National Rate Survey Residential Real Price - h LES Survey Avg. Investor-Owned Avg. Municipal Avg. $70 $60 $50 5.1% 4.9% 3.9% 2015 Rate Change $40 $30 0.1% $20 $10 $0 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 82/84 Dollars 2007 2008 2009 2010 2011 2012 2013 2014 2015 Industrial Real Price - and 400,000 kwh LES Survey Avg. Investor-Owned Avg. Municipal Avg. $20 $18 $16 $14 $12 $10 $8 $6 $4 10.8% 9.3% 3.1% 0.3% $2 $0 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 82/84 Dollars (Thousands) 2015 Rate Change July 2015 Rates & Analytics 17
Chart J 2015 National Rate Survey Highest Rank (106) Regional Rank Comparison Upper 25% Median Lower 25% Lowest Rank (1) 1 2 3 4 5 6 7 8 9 10 11 12 Colorado Springs, CO Des Moines, IA Kansas City, KS Kansas City, MO Lincoln, NE Minneapolis, MN Omaha, NE Wichita, KS Categories 1. Residential - h, without electric water heating 2. Residential - h, without electric water heating 3. Commercial - 40 kw and 10,000 kwh (35% Load Factor) 4. Commercial - 40 kw and 14,000 kwh (49% Load Factor) 5. Commercial - and 150,000 kwh (42% Load Factor) 6. Commercial - and 180,000 kwh (50% Load Factor) 7. Industrial - and 15,000 kwh (28% Load Factor) 8. Industrial - and 30,000 kwh (56% Load Factor) 9. Industrial - and 50,000 kwh (93% Load Factor) 10. Industrial - and 200,000 kwh (28% Load Factor) 11. Industrial - and 400,000 kwh (56% Load Factor) 12. Industrial - and 650,000 kwh (90% Load Factor) Note: LES ranks higher in the low load factor categories 5, 6, 10 and 11 due to a higher demand charge relative to the other utilities. LES has few customers in these categories. July 2015 Rates & Analytics 18
Chart K 2015 National Rate Survey LES Ranks Compared to Nation The chart below displays LES' national ranking for lowest-cost electric utility bills at various usage levels. LES ranks in the lowest quartile for most usage levels ( ) and for all three summary categories ( ). (A): LES has few customers in this load factor category. Residential (All) h h Commercial and Industrial (All) 40 kw and 10,000 kwh 40 kw and 14,000 kwh and 150,000 kwh and 180,000 kwh and 15,000 kwh and 30,000 kwh and 50,000 kwh and 200,000 kwh (A) and 400,000 kwh and 650,000 kwh Company Overall 0% 10% 25% 50% 75% 100% Lowest to Highest Bills July 2015 Rates & Analytics 19
Lincoln Electric System has ranked U.S. cities (served by Municipals or Investor-owned Utilities) from the lowest (number 1) to the highest (number 106) based on average monthly electric bills by various categories of typical usage for residential, commercial, and industrial rates in effect January 1, 2015. Average bills are calculated using rates from the 12-month period to include seasonal rates. All bill data applies to one month of service. Kilowatt-Hour Usages Ranked The kilowatt hour (kwh) usage levels used in the ranking of average residential bills were: h h The average commercial bills were stratified by kilowatt (kw) and kilowatt-hour (kwh). The categories used in the ranking are as follows: 40 kw and 10,000 kwh (35% Load Factor) 40 kw and 14,000 kwh (49% Load Factor) and 150,000 kwh (42% Load Factor) and 180,000 kwh (50% Load Factor) The average industrial bills were stratified by kilowatt (kw) and kilowatt-hour (kwh). The categories used in the ranking are as follows: and 15,000 kwh (28% Load Factor) and 30,000 kwh (56% Load Factor) and 50,000 kwh (93% Load Factor) and 200,000 kwh (28% Load Factor) and 400,000 kwh (56% Load Factor) and 650,000 kwh (90% Load Factor) Selection Criteria For Cities Included In The Ranking LES originally selected cities in 1984 to be included in the ranking based on criteria shown below. Certain cities may not presently meet the selection criteria; however, they have continued to be included in the survey for purposes of comparability of results with prior years. Cities with a population greater than 100,000. Minimum of one city from every state. (If a state did not have a city meeting the population criteria, the state's largest city was selected.) July 2015 Rates & Analytics 20
Maximum of three cities from any state. (If a state had more than three cities meeting the population criteria, three were selected at random; however, cities served by the same utility were not selected when possible.) Source Of Rate Data LES obtained the majority of the data for investor-owned utilities from the Rate Regulation Department of the Edison Electric Institute (EEI) publication, Typical Bills and Average Rates Report, Winter 2015, bills as of January 1, 2015. The data for municipal utilities and investor-owned utilities not included in the EEI publication was obtained through a survey conducted by LES. We performed no procedures to verify either the data obtained from the municipal utilities survey or the EEI publication. The results of the survey are presented in the attached schedules, which are listed below: Schedule numbers Listing of average annual residential and commercial bills arranged by state and city 1 Rankings of residential and commercial bills arranged by state and city 2 Listing of average annual industrial bills arranged by state and city 3 Rankings of industrial bills arranged by state and city 4 Index to utilities in the survey 5 Overall Ranks 6 Index to regions in the survey 7 July 2015 July 2015 Rates & Analytics 21
Schedule 1 M - Municipal or Public Power District I - Investor-owned utility Average Annual Residential and Commercial Bills Rates in Effect January 1, 2015 Arranged by State and City STATE CITY h h 40 kw 10,000 kwh 40 kw 14,000 kwh 150,000 kwh 180,000 kwh Alabama Birmingham (I) $ 71.70 $ 126.43 $ 1,361 $ 1,720 $ 18,719 $ 21,470 Huntsville (M) 51.91 94.94 991 1,383 14,150 15,884 Mobile (I) 71.70 126.43 1,361 1,720 18,719 21,470 Alaska Anchorage (M) 81.53 156.50 1,632 1,996 22,166 24,894 Arizona Mesa (M) 64.00 111.99 1,157 1,330 16,025 17,574 Phoenix (I) 69.84 129.58 1,531 1,806 16,696 18,169 Tucson (I) 57.11 109.14 1,253 1,753 16,476 18,091 Arkansas Little Rock (I) 51.78 96.59 840 1,087 12,042 13,371 California Los Angeles (M) 77.25 164.32 1,538 1,945 21,445 24,506 San Diego (I) 112.41 312.29 2,572 2,951 32,650 35,482 San Francisco (I) 92.50 250.78 1,986 2,553 27,856 30,795 Colorado Colorado Springs (M) 65.05 117.75 858 1,193 15,383 16,687 Denver (I) 56.77 108.71 1,175 1,333 15,140 16,327 Pueblo (I) 101.00 155.00 1,506 1,709 22,534 23,987 Connecticut Bridgeport (I) 139.14 261.03 2,219 2,845 44,005 51,364 New Haven (I) 139.14 261.03 2,219 2,845 44,005 51,364 Waterbury (I) 154.83 212.93 2,050 2,581 26,536 30,736 Delaware Wilmington (I) 68.40 125.37 1,078 1,282 13,838 15,217 District of Columbia Washington, DC (I) 65.95 123.09 1,391 1,910 19,261 21,963 1
Schedule 1 M - Municipal or Public Power District I - Investor-owned utility Average Annual Residential and Commercial Bills Rates in Effect January 1, 2015 Arranged by State and City STATE CITY h h 40 kw 10,000 kwh 40 kw 14,000 kwh 150,000 kwh 180,000 kwh Florida Jacksonville (M) $ 68.65 $ 130.90 $ 1,196 $ 1,670 $ 17,958 $ 20,554 Miami (I) 54.22 100.65 1,030 1,254 14,087 15,615 Tampa (I) 61.94 108.47 1,073 1,313 14,557 16,361 Georgia Atlanta (I) 64.57 119.43 1,450 1,646 17,101 18,572 Columbus (I) 64.57 119.43 1,450 1,646 17,101 18,572 Savannah (I) 64.57 119.43 1,450 1,646 17,101 18,572 Hawaii Honolulu (I) 157.06 307.87 2,890 3,818 44,181 50,402 Idaho Boise (I) 51.06 99.09 755 959 10,684 12,215 Illinois Chicago (I) 72.01 130.84 1,121 1,449 14,879 17,162 Rockford (I) 72.01 130.84 1,121 1,449 14,879 17,162 Springfield (M) 63.12 120.49 1,444 1,879 20,616 23,547 Indiana Evansville (I) 84.20 157.39 1,243 1,655 14,270 16,161 Gary (I) 71.49 131.97 1,418 1,775 17,277 19,472 Indianapolis (I) 58.40 94.30 1,058 1,438 13,706 15,257 Iowa Cedar Rapids (I) 79.86 141.97 1,212 1,667 14,933 16,143 Davenport (I) 55.83 103.15 850 1,056 10,351 11,816 Des Moines (I) 55.94 103.37 847 1,052 9,649 10,974 Kansas Kansas City (M) 75.18 130.32 1,267 1,552 18,520 20,259 Overland Park (I) 63.43 116.21 1,146 1,408 14,337 16,114 Wichita (I) 65.87 119.33 1,260 1,685 14,801 16,050 2
Schedule 1 M - Municipal or Public Power District I - Investor-owned utility Average Annual Residential and Commercial Bills Rates in Effect January 1, 2015 Arranged by State and City STATE CITY h h 40 kw 10,000 kwh 40 kw 14,000 kwh 150,000 kwh 180,000 kwh Kentucky Lexington (I) $ 54.36 $ 97.22 $ 1,012 $ 1,409 $ 12,603 $ 13,809 Louisville (I) 57.41 103.20 1,027 1,429 14,954 16,214 Louisiana Baton Rouge (I) 53.76 101.49 966 1,237 13,196 15,227 New Orleans (I) 52.57 96.14 936 1,204 12,577 14,284 Shreveport (I) 51.15 94.75 937 1,146 12,222 13,775 Maine Portland (I) 76.92 146.35 1,327 1,665 19,128 21,885 Maryland Baltimore (I) 73.64 139.78 1,212 1,684 20,923 24,472 Massachusetts Boston (I) 123.11 239.76 2,393 3,062 41,344 47,706 Cambridge (I) 123.09 239.29 2,192 2,861 37,390 43,813 Springfield (I) 120.43 238.85 2,959 3,910 42,130 49,192 Michigan Detroit (I) 70.05 140.87 1,139 1,486 15,488 16,853 Grand Rapids (I) 75.93 148.57 1,471 1,871 17,270 20,572 Lansing (M) 72.78 134.80 1,482 1,841 19,436 22,124 Minnesota Duluth (I) 48.72 101.69 1,003 1,306 12,865 14,647 Minneapolis (I) 67.16 125.07 1,110 1,363 15,110 17,001 Saint Paul (I) 67.16 125.07 1,110 1,363 15,110 17,001 Mississippi Jackson (I) 67.19 113.83 1,193 1,557 14,239 16,545 Missouri Kansas City (I) 67.02 113.36 1,042 1,265 14,252 15,836 Saint Louis (I) 58.42 104.30 938 1,310 12,337 14,162 Springfield (M) 52.60 96.58 988 1,170 13,250 14,615 3
Schedule 1 M - Municipal or Public Power District I - Investor-owned utility Average Annual Residential and Commercial Bills Rates in Effect January 1, 2015 Arranged by State and City STATE CITY h h 40 kw 10,000 kwh 40 kw 14,000 kwh 150,000 kwh 180,000 kwh Montana Billings (I) $ 59.44 $ 113.66 $ 1,202 $ 1,531 $ 15,983 $ 18,394 Nebraska Lincoln (M) 54.22 94.09 784 1,074 14,336 15,153 Omaha (M) 61.85 112.49 853 1,105 12,517 13,801 Nevada Las Vegas (I) 74.63 136.50 933 1,228 14,577 16,600 Reno (I) 67.23 119.20 816 1,073 16,267 18,440 New Hampshire Manchester (I) 96.89 176.97 1,738 2,215 22,925 26,331 New Jersey Newark (I) 86.79 172.98 1,611 1,997 25,192 27,943 Paterson (I) 86.79 172.98 1,611 1,997 25,192 27,943 New Mexico Albuquerque (I) 62.46 136.14 1,350 1,887 17,129 18,972 New York Buffalo (I) 82.42 147.29 981 1,187 11,586 13,008 Hempstead (M) 106.63 202.27 1,932 2,528 27,693 32,084 New York City (I) 140.02 263.35 2,390 2,838 32,250 35,610 North Carolina Charlotte (I) 60.63 109.07 878 1,092 11,713 13,381 Greensboro (I) 60.63 109.07 878 1,092 11,713 13,381 Raleigh (I) 61.75 111.54 908 1,126 11,775 13,304 North Dakota Fargo (I) 57.62 100.91 1,036 1,262 14,073 15,770 Ohio Cincinnati (I) 65.70 120.56 1,226 1,386 15,710 16,801 Cleveland (I) 64.93 125.61 1,236 1,553 14,233 16,521 Columbus (I) 87.53 154.86 1,283 1,628 18,681 21,249 4
Schedule 1 M - Municipal or Public Power District I - Investor-owned utility Average Annual Residential and Commercial Bills Rates in Effect January 1, 2015 Arranged by State and City STATE CITY h h 40 kw 10,000 kwh 40 kw 14,000 kwh 150,000 kwh 180,000 kwh Oklahoma Oklahoma City (I) $ 64.50 $ 106.99 $ 926 $ 1,125 $ 11,929 $ 13,416 Tulsa (I) 42.87 84.10 756 1,000 9,398 10,620 Oregon Eugene (M) 58.46 106.08 956 1,200 12,809 14,634 Portland (I) 63.73 116.31 1,016 1,312 13,027 14,995 Pennsylvania Erie (I) 62.46 115.08 1,012 1,353 17,269 20,168 Philadelphia (I) 82.78 158.45 1,285 1,673 17,266 19,959 Pittsburgh (I) 82.78 150.86 1,190 1,541 16,137 18,079 Rhode Island Pawtucket (I) 98.82 191.65 2,634 3,519 39,536 46,733 South Carolina Columbia (I) 78.11 146.40 1,311 1,822 19,603 21,245 South Dakota Sioux Falls (I) 66.38 123.45 1,100 1,365 15,131 17,121 Tennessee Knoxville (M) 56.67 99.34 979 1,362 15,166 16,903 Memphis (M) 54.21 98.82 1,031 1,437 15,162 16,925 Nashville (M) 61.57 111.31 1,134 1,578 16,331 18,232 Texas Austin (M) 47.87 106.24 1,223 1,507 16,503 18,362 Dallas (I) 76.41 144.41 1,533 1,859 20,304 22,571 El Paso (I) 59.40 113.79 1,168 1,423 15,994 17,854 Utah Salt Lake City (I) 53.97 109.99 1,123 1,277 14,276 15,432 Vermont Burlington (M) 82.61 160.97 1,727 2,079 23,314 25,953 5
Schedule 1 M - Municipal or Public Power District I - Investor-owned utility Average Annual Residential and Commercial Bills Rates in Effect January 1, 2015 Arranged by State and City STATE CITY h h 40 kw 10,000 kwh 40 kw 14,000 kwh 150,000 kwh 180,000 kwh Virginia Norfolk (I) $ 62.38 $ 115.95 $ 1,067 $ 1,294 $ 14,106 $ 15,128 Richmond (I) 62.38 115.95 1,067 1,294 14,106 15,128 Roanoke (I) 63.25 118.11 1,077 1,324 15,171 16,705 Washington Seattle (M) 39.16 98.61 799 1,119 10,630 12,532 Spokane (I) 44.33 83.06 1,160 1,444 13,798 15,928 Tacoma (M) 43.95 82.40 808 1,128 9,615 10,799 West Virginia Wheeling (I) 52.42 93.78 919 1,184 12,947 14,792 Wisconsin Madison (I) 87.28 155.57 1,473 1,765 18,682 20,852 Milwaukee (I) 71.30 135.10 1,153 1,482 15,240 17,526 Wyoming Cheyenne (I) 80.94 148.88 1,668 1,924 19,378 21,071 6
Schedule 2 M - Municipal or Public Power District I - Investor-owned utility Rankings of Residential and Commercial Bills Rates in Effect January 1, 2015 Arranged by State and City STATE CITY h h 40 kw 10,000 kwh 40 kw 14,000 kwh 150,000 kwh Alabama Birmingham (I) 68 62 74 75 78 80 Huntsville (M) 10 8 26 43 31 33 Mobile (I) 68 62 74 75 78 80 Alaska Anchorage (M) 83 87 91 90 89 90 Arizona Mesa (M) 46 36 52 36 59 57 Phoenix (I) 64 64 86 80 65 61 Tucson (I) 24 32 66 77 63 60 Arkansas Little Rock (I) 9 11 7 7 12 9 California Los Angeles (M) 79 91 88 89 88 89 San Diego (I) 98 106 103 102 99 98 San Francisco (I) 93 101 96 96 97 96 Colorado Colorado Springs (M) 52 47 11 19 54 45 Denver (I) 23 29 55 37 49 40 Pueblo (I) 96 85 85 74 90 87 Connecticut Bridgeport (I) 102 102 99 99 104 105 New Haven (I) 102 102 99 99 104 105 Waterbury (I) 105 97 97 97 95 95 Delaware Wilmington (I) 62 60 41 28 26 26 District of Columbia Washington, DC (I) 55 56 76 87 81 83 180,000 kwh 1
Schedule 2 M - Municipal or Public Power District I - Investor-owned utility Rankings of Residential and Commercial Bills Rates in Effect January 1, 2015 Arranged by State and City STATE CITY h h 40 kw 10,000 kwh 40 kw 14,000 kwh 150,000 kwh Florida Jacksonville (M) 63 68 58 70 74 74 Miami (I) 18 17 32 24 28 30 Tampa (I) 37 28 39 34 39 41 Georgia Atlanta (I) 48 51 79 64 66 66 Columbus (I) 48 51 79 64 66 66 Savannah (I) 48 51 79 64 66 66 Hawaii Honolulu (I) 106 105 105 105 106 104 Idaho Boise (I) 7 15 1 1 6 5 Illinois Chicago (I) 70 66 45 52 42 54 Rockford (I) 70 66 45 52 42 54 Springfield (M) 42 54 78 85 86 86 Indiana Evansville (I) 88 88 65 67 35 38 Gary (I) 67 69 77 79 73 70 Indianapolis (I) 27 6 36 50 24 28 Iowa Cedar Rapids (I) 81 76 60 69 44 37 Davenport (I) 20 21 9 4 4 4 Des Moines (I) 21 23 8 3 3 3 Kansas Kansas City (M) 75 65 68 59 75 73 Overland Park (I) 44 45 50 45 38 36 Wichita (I) 54 50 67 73 41 35 2 180,000 kwh
Schedule 2 M - Municipal or Public Power District I - Investor-owned utility Rankings of Residential and Commercial Bills Rates in Effect January 1, 2015 Arranged by State and City STATE CITY h h 40 kw 10,000 kwh 40 kw 14,000 kwh 150,000 kwh Kentucky Lexington (I) 19 12 28 46 17 15 Louisville (I) 25 22 31 48 45 39 Louisiana Baton Rouge (I) 14 19 22 23 22 27 New Orleans (I) 12 9 18 21 16 17 Shreveport (I) 8 7 19 15 13 13 Maine Portland (I) 78 78 72 68 80 82 Maryland Baltimore (I) 73 74 60 72 87 88 Massachusetts Boston (I) 101 100 102 103 102 102 Cambridge (I) 100 99 98 101 100 100 Springfield (I) 99 98 106 106 103 103 Michigan Detroit (I) 65 75 49 55 55 48 Grand Rapids (I) 76 81 82 84 72 75 Lansing (M) 72 70 84 82 83 84 Minnesota Duluth (I) 6 20 27 31 19 20 Minneapolis (I) 58 58 43 40 46 51 Saint Paul (I) 58 58 43 40 46 51 Mississippi Jackson (I) 60 41 57 61 33 43 Missouri Kansas City (I) 57 38 35 26 34 32 Saint Louis (I) 28 24 20 32 14 16 Springfield (M) 13 10 25 16 23 18 3 180,000 kwh
Schedule 2 M - Municipal or Public Power District I - Investor-owned utility Rankings of Residential and Commercial Bills Rates in Effect January 1, 2015 Arranged by State and City STATE CITY h h 40 kw 10,000 kwh 40 kw 14,000 kwh 150,000 kwh Montana Billings (I) 31 39 59 57 57 64 Nebraska Lincoln (M) 17 5 3 6 37 25 Omaha (M) 36 37 10 10 15 14 Nevada Las Vegas (I) 74 73 17 22 40 44 Reno (I) 61 49 6 5 61 65 New Hampshire Manchester (I) 94 94 94 94 91 92 New Jersey Newark (I) 89 92 89 91 93 93 Paterson (I) 89 92 89 91 93 93 New Mexico Albuquerque (I) 40 72 73 86 69 69 New York Buffalo (I) 84 80 24 18 7 7 Hempstead (M) 97 96 95 95 96 97 New York City (I) 104 104 101 98 98 99 North Carolina Charlotte (I) 32 30 12 8 8 10 Greensboro (I) 32 30 12 8 8 10 Raleigh (I) 35 35 14 13 10 8 North Dakota Fargo (I) 26 18 34 25 27 31 Ohio Cincinnati (I) 53 55 63 44 56 47 Cleveland (I) 51 61 64 60 32 42 Columbus (I) 92 84 69 63 76 79 4 180,000 kwh
Schedule 2 M - Municipal or Public Power District I - Investor-owned utility Rankings of Residential and Commercial Bills Rates in Effect January 1, 2015 Arranged by State and City STATE CITY h h 40 kw 10,000 kwh 40 kw 14,000 kwh 150,000 kwh Oklahoma Oklahoma City (I) 47 27 16 12 11 12 Tulsa (I) 2 3 2 2 1 1 Oregon Eugene (M) 29 25 21 20 18 19 Portland (I) 45 46 30 33 21 22 Pennsylvania Erie (I) 40 42 28 38 71 72 Philadelphia (I) 87 89 70 71 70 71 Pittsburgh (I) 86 83 56 58 60 59 Rhode Island Pawtucket (I) 95 95 104 104 101 101 South Carolina Columbia (I) 80 79 71 81 84 78 South Dakota Sioux Falls (I) 56 57 42 42 48 53 Tennessee Knoxville (M) 22 16 23 39 51 49 Memphis (M) 16 14 33 49 50 50 Nashville (M) 34 34 48 62 62 62 Texas Austin (M) 5 26 62 56 64 63 Dallas (I) 77 77 87 83 85 85 El Paso (I) 30 40 54 47 58 58 Utah Salt Lake City (I) 15 33 47 27 36 29 Vermont Burlington (M) 85 90 93 93 92 91 180,000 kwh 5
Schedule 2 M - Municipal or Public Power District I - Investor-owned utility Rankings of Residential and Commercial Bills Rates in Effect January 1, 2015 Arranged by State and City STATE CITY h h 40 kw 10,000 kwh 40 kw 14,000 kwh 150,000 kwh Virginia Norfolk (I) 38 43 37 29 29 23 Richmond (I) 38 43 37 29 29 23 Roanoke (I) 43 48 40 35 52 46 Washington Seattle (M) 1 13 4 11 5 6 Spokane (I) 4 2 53 51 25 34 Tacoma (M) 3 1 5 14 2 2 West Virginia Wheeling (I) 11 4 15 17 20 21 Wisconsin Madison (I) 91 86 83 78 77 76 Milwaukee (I) 66 71 51 54 53 56 Wyoming Cheyenne (I) 82 82 92 88 82 77 180,000 kwh 6
Schedule 3 M - Municipal or Public Power District I - Investor-owned utility STATE CITY Average Annual Industrial Bills Rates in Effect January 1, 2015 Arranged by State and City 15,000 kwh 30,000 kwh 50,000 kwh 200,000 kwh 400,000 kwh 650,000 kwh Alabama Birmingham (I) $ 2,023 $ 3,450 $ 5,253 $ 18,343 $ 29,915 $ 42,870 Huntsville (M) 1,791 2,658 3,814 22,400 33,960 48,410 Mobile (I) 2,023 3,450 5,253 18,343 29,915 42,870 Alaska Anchorage (M) 2,680 4,044 5,863 35,193 53,382 76,118 Arizona Mesa (M) 1,819 2,693 3,851 21,281 32,832 43,723 Phoenix (I) 2,574 3,440 4,594 27,173 36,999 49,281 Tucson (I) 2,726 3,534 4,611 26,793 37,560 51,021 Arkansas Little Rock (I) 1,345 2,272 3,275 17,962 27,964 34,041 California Los Angeles (M) 2,475 4,006 6,046 29,397 49,700 75,079 San Diego (I) 4,365 5,787 7,682 55,824 74,703 98,255 San Francisco (I) 3,070 5,199 8,037 43,994 62,681 86,040 Colorado Colorado Springs (M) 1,277 2,534 3,518 27,043 32,802 39,299 Denver (I) 2,130 2,709 3,481 24,038 31,759 41,410 Pueblo (I) 3,097 3,824 4,792 40,131 49,817 61,924 Connecticut Bridgeport (I) 3,501 5,959 8,664 66,148 111,227 167,576 New Haven (I) 3,501 5,959 8,664 66,148 111,227 167,576 Waterbury (I) 3,339 5,331 7,986 38,651 66,652 101,653 Delaware Wilmington (I) 1,794 2,558 3,577 23,074 32,460 44,193 District of Columbia Washington, DC (I) 1,914 3,294 5,135 25,111 42,428 64,075 1
Schedule 3 M - Municipal or Public Power District I - Investor-owned utility STATE CITY Average Annual Industrial Bills Rates in Effect January 1, 2015 Arranged by State and City 15,000 kwh 30,000 kwh 50,000 kwh 200,000 kwh 400,000 kwh 650,000 kwh Florida Jacksonville (M) $ 2,129 $ 3,427 $ 5,157 $ 29,019 $ 44,251 $ 63,291 Miami (I) 1,705 2,544 3,664 23,021 33,207 45,348 Tampa (I) 1,759 2,661 3,863 23,071 35,095 50,126 Georgia Atlanta (I) 2,363 3,095 3,996 32,045 42,332 54,024 Columbus (I) 2,363 3,095 3,996 32,045 42,332 54,024 Savannah (I) 2,363 3,095 3,996 32,045 42,332 54,024 Hawaii Honolulu (I) 4,458 7,935 12,571 66,720 108,198 160,045 Idaho Boise (I) 1,239 2,020 3,063 16,207 25,477 37,064 Illinois Chicago (I) 1,769 2,995 4,632 19,114 34,334 53,359 Rockford (I) 1,769 2,995 4,632 19,114 34,334 53,359 Springfield (M) 2,470 3,936 5,890 31,332 50,870 75,294 Indiana Evansville (I) 1,979 3,523 5,100 22,084 34,695 50,458 Gary (I) 2,210 3,549 5,200 26,320 40,955 59,248 Indianapolis (I) 1,762 2,629 3,785 21,931 32,271 45,196 Iowa Cedar Rapids (I) 1,781 2,566 3,373 25,727 33,795 43,881 Davenport (I) 1,384 2,155 3,123 15,641 25,411 36,890 Des Moines (I) 1,380 2,146 3,108 14,705 23,539 33,848 Kansas Kansas City (M) 2,185 3,282 4,441 27,282 41,902 56,390 Overland Park (I) 1,863 2,833 4,057 23,207 34,547 46,177 Wichita (I) 1,970 3,562 5,684 25,337 32,787 42,463 2
Schedule 3 M - Municipal or Public Power District I - Investor-owned utility STATE CITY Average Annual Industrial Bills Rates in Effect January 1, 2015 Arranged by State and City 15,000 kwh 30,000 kwh 50,000 kwh 200,000 kwh 400,000 kwh 650,000 kwh Kentucky Lexington (I) $ 1,869 $ 2,415 $ 3,142 $ 19,139 $ 26,857 $ 36,505 Louisville (I) 1,824 2,431 3,241 23,032 30,286 39,354 Louisiana Baton Rouge (I) 1,511 2,520 3,830 18,949 32,204 48,340 New Orleans (I) 1,498 2,503 3,589 19,133 30,513 43,647 Shreveport (I) 1,442 2,224 3,267 19,208 29,542 41,347 Maine Portland (I) 2,139 3,407 5,097 47,446 78,814 118,024 Maryland Baltimore (I) 2,266 4,005 6,323 38,124 48,414 68,501 Massachusetts Boston (I) 4,023 6,529 9,870 61,243 103,659 156,679 Cambridge (I) 3,504 6,015 9,363 53,982 96,806 150,336 Springfield (I) 4,528 8,094 12,850 60,016 107,102 165,960 Michigan Detroit (I) 1,693 2,882 3,560 22,198 34,735 45,988 Grand Rapids (I) 1,763 3,413 4,888 22,772 38,889 55,707 Lansing (M) 2,342 3,686 5,478 29,796 47,716 70,116 Minnesota Duluth (I) 1,587 2,724 4,239 19,274 31,489 46,338 Minneapolis (I) 1,733 2,664 3,650 22,734 35,150 47,471 Saint Paul (I) 1,733 2,664 3,650 22,734 35,150 47,471 Mississippi Jackson (I) 1,811 3,130 4,888 18,979 33,928 48,605 3
Schedule 3 M - Municipal or Public Power District I - Investor-owned utility STATE CITY Average Annual Industrial Bills Rates in Effect January 1, 2015 Arranged by State and City 15,000 kwh 30,000 kwh 50,000 kwh 200,000 kwh 400,000 kwh 650,000 kwh Missouri Kansas City (I) 1,704 2,513 3,454 23,883 36,963 43,694 Saint Louis (I) 1,403 2,412 3,383 17,445 28,941 40,618 Springfield (M) 1,644 2,326 3,236 21,300 30,190 40,065 Montana Billings (I) $ 1,940 $ 3,171 $ 4,813 $ 20,386 $ 35,228 $ 53,781 Nebraska Lincoln (M) 1,146 2,052 2,658 24,613 29,901 36,511 Omaha (M) 1,400 2,215 3,071 18,433 28,049 38,419 Nevada Las Vegas (I) 1,454 2,560 4,035 23,235 36,225 52,462 Reno (I) 1,279 2,243 3,529 26,163 40,345 58,073 New Hampshire Manchester (I) 2,800 4,586 6,968 34,290 56,816 84,970 New Jersey Newark (I) 2,654 4,104 6,038 38,330 56,407 79,004 Paterson (I) 2,654 4,104 6,038 38,330 56,407 79,004 New Mexico Albuquerque (I) 2,200 3,357 4,673 27,908 40,446 55,552 New York Buffalo (I) 1,602 2,371 3,396 17,995 27,468 39,311 Hempstead (M) 3,028 5,261 8,239 40,447 69,724 106,321 New York City (I) 3,593 5,248 7,454 47,517 69,579 101,469 North Carolina Charlotte (I) 1,357 2,221 3,023 17,482 28,175 38,759 Greensboro (I) 1,357 2,221 3,023 17,482 28,175 38,759 Raleigh (I) 1,427 2,197 3,169 21,823 32,237 43,775 North Dakota Fargo (I) 1,647 2,479 3,382 21,651 32,747 44,034 4
Schedule 3 M - Municipal or Public Power District I - Investor-owned utility STATE CITY Average Annual Industrial Bills Rates in Effect January 1, 2015 Arranged by State and City 15,000 kwh 30,000 kwh 50,000 kwh 200,000 kwh 400,000 kwh 650,000 kwh Ohio Cincinnati (I) 2,090 2,682 3,410 27,106 34,996 44,095 Cleveland (I) 2,034 3,224 4,811 17,406 31,298 48,661 Columbus (I) 2,061 3,471 5,183 24,978 42,924 63,273 Oklahoma Oklahoma City (I) $ 1,483 $ 2,227 $ 3,218 $ 17,054 $ 25,761 $ 36,644 Tulsa (I) 1,118 2,040 3,030 14,445 22,588 32,767 Oregon Eugene (M) 1,514 2,427 3,644 19,836 29,482 41,540 Portland (I) 1,590 2,699 4,177 21,217 32,927 47,565 Pennsylvania Erie (I) 1,863 3,228 5,050 21,206 39,426 62,199 Philadelphia (I) 2,089 3,396 5,138 25,153 43,632 66,731 Pittsburgh (I) 1,892 3,224 4,999 25,214 38,157 54,336 Rhode Island Pawtucket (I) 3,957 7,243 11,624 55,010 102,990 162,965 South Carolina Columbia (I) 1,950 3,598 4,779 26,790 38,918 52,248 South Dakota Sioux Falls (I) 1,715 2,665 3,794 22,570 35,245 49,360 Tennessee Knoxville (M) 2,024 2,893 4,051 24,323 35,907 50,387 Memphis (M) 1,973 2,855 4,030 24,283 36,035 50,725 Nashville (M) 2,139 3,089 4,357 26,132 38,804 54,644 Texas Austin (M) 2,066 2,996 4,235 26,744 39,139 54,633 Dallas (I) 2,388 3,631 5,177 32,053 45,573 61,495 El Paso (I) 1,936 2,854 3,928 28,292 36,813 47,465 5
Schedule 3 M - Municipal or Public Power District I - Investor-owned utility STATE CITY Average Annual Industrial Bills Rates in Effect January 1, 2015 Arranged by State and City 15,000 kwh 30,000 kwh 50,000 kwh 200,000 kwh 400,000 kwh 650,000 kwh Utah Salt Lake City (I) 1,906 2,484 3,255 24,957 32,815 42,636 Vermont Burlington (M) 2,872 4,192 5,951 39,219 56,678 78,501 Virginia Norfolk (I) $ 1,819 $ 2,573 $ 3,274 $ 24,679 $ 31,491 $ 40,007 Richmond (I) 1,819 2,573 3,274 24,679 31,491 40,007 Roanoke (I) 1,670 2,663 3,688 20,513 32,907 43,404 Washington Seattle (M) 1,119 2,070 3,338 14,920 27,600 43,450 Spokane (I) 1,665 2,730 4,150 20,348 34,700 52,706 Tacoma (M) 1,185 1,777 2,566 15,238 23,130 32,995 West Virginia Wheeling (I) 1,457 2,344 3,104 17,871 28,601 37,532 Wisconsin Madison (I) 2,324 3,419 4,879 29,859 44,325 58,727 Milwaukee (I) 1,827 3,062 4,708 22,800 38,040 57,090 Wyoming Cheyenne (I) 2,683 3,530 4,659 32,875 44,165 58,278 6
Schedule 4 M - Municipal or Public Power District I - Investor-owned utility STATE CITY Rankings of Industrial Bills Rates in Effect January 1, 2015 Arranged by State and City 15,000 kwh 30,000 kwh 50,000 kwh 200,000 kwh 400,000 kwh 650,000 kwh Alabama Birmingham (I) 62 75 83 15 19 26 Huntsville (M) 42 36 41 39 43 48 Mobile (I) 62 75 83 15 19 26 Alaska Anchorage (M) 89 90 87 88 89 89 Arizona Mesa (M) 45 43 43 32 37 32 Phoenix (I) 86 74 59 73 61 51 Tucson (I) 91 80 60 70 62 57 Arkansas Little Rock (I) 8 15 20 13 10 4 California Los Angeles (M) 85 89 92 78 86 87 San Diego (I) 104 99 96 101 98 95 San Francisco (I) 95 95 98 96 94 94 Colorado Colorado Springs (M) 6 28 29 71 35 14 Denver (I) 71 45 28 52 28 22 Pueblo (I) 96 86 67 94 87 79 Connecticut Bridgeport (I) 98 100 100 104 105 105 New Haven (I) 98 100 100 104 105 105 Waterbury (I) 97 98 97 92 95 97 Delaware Wilmington (I) 43 30 32 48 32 37 District of Columbia Washington, DC (I) 55 67 77 60 77 83 Florida Jacksonville (M) 70 73 79 77 81 82 Miami (I) 32 29 37 45 40 39 Tampa (I) 36 37 44 47 51 53 1
Schedule 4 M - Municipal or Public Power District I - Investor-owned utility STATE CITY Rankings of Industrial Bills Rates in Effect January 1, 2015 Arranged by State and City 15,000 kwh 30,000 kwh 50,000 kwh 200,000 kwh 400,000 kwh 650,000 kwh Georgia Atlanta (I) 80 58 46 82 74 64 Columbus (I) 80 58 46 82 74 64 Savannah (I) 80 58 46 82 74 64 Hawaii Honolulu (I) 105 105 105 106 104 102 Idaho Boise (I) 5 2 6 6 5 9 Illinois Chicago (I) 39 53 61 20 44 61 Rockford (I) 39 53 61 20 44 61 Springfield (M) 84 87 88 81 88 88 Indiana Evansville (I) 61 78 76 37 47 55 Gary (I) 76 81 82 67 72 77 Indianapolis (I) 37 35 39 36 31 38 Iowa Cedar Rapids (I) 41 32 22 64 41 34 Davenport (I) 12 7 10 5 4 8 Des Moines (I) 11 6 9 2 3 3 Kansas Kansas City (M) 74 66 58 74 73 72 Overland Park (I) 50 48 52 49 46 41 Wichita (I) 59 82 86 63 34 24 Kentucky Lexington (I) 52 20 11 23 7 5 Louisville (I) 48 22 15 46 22 16 Louisiana Baton Rouge (I) 21 27 42 18 29 47 New Orleans (I) 20 25 33 22 23 30 Shreveport (I) 16 12 17 24 17 21 Maine Portland (I) 72 70 75 97 99 99 2
Schedule 4 M - Municipal or Public Power District I - Investor-owned utility STATE CITY Rankings of Industrial Bills Rates in Effect January 1, 2015 Arranged by State and City 15,000 kwh 30,000 kwh 50,000 kwh 200,000 kwh 400,000 kwh 650,000 kwh Maryland Baltimore (I) 77 88 93 89 85 85 Massachusetts Boston (I) 103 103 103 103 102 101 Cambridge (I) 100 102 102 99 100 100 Springfield (I) 106 106 106 102 103 104 Michigan Detroit (I) 30 51 31 38 49 40 Grand Rapids (I) 38 71 71 43 66 71 Lansing (M) 79 85 85 79 84 86 Minnesota Duluth (I) 23 46 56 25 25 42 Minneapolis (I) 34 39 35 41 52 44 Saint Paul (I) 34 39 35 41 52 44 Mississippi Jackson (I) 44 61 71 19 42 49 Missouri Kansas City (I) 31 26 27 51 60 31 Saint Louis (I) 14 19 24 9 15 20 Springfield (M) 26 16 14 33 21 19 Montana Billings (I) 57 62 69 28 54 63 Nebraska Lincoln (M) 3 4 2 55 18 6 Omaha (M) 13 9 7 17 11 11 Nevada Las Vegas (I) 17 31 50 50 58 59 Reno (I) 7 14 30 66 70 74 New Hampshire Manchester (I) 92 94 94 87 93 93 New Jersey Newark (I) 87 91 90 90 90 91 Paterson (I) 87 91 90 90 90 91 New Mexico Albuquerque (I) 75 68 64 75 71 70 3
Schedule 4 M - Municipal or Public Power District I - Investor-owned utility STATE CITY Rankings of Industrial Bills Rates in Effect January 1, 2015 Arranged by State and City 15,000 kwh 30,000 kwh 50,000 kwh 200,000 kwh 400,000 kwh 650,000 kwh New York Buffalo (I) 25 18 25 14 8 15 Hempstead (M) 94 97 99 95 97 98 New York City (I) 101 96 95 98 96 96 North Carolina Charlotte (I) 9 10 3 10 12 12 Greensboro (I) 9 10 3 10 12 12 Raleigh (I) 15 8 12 35 30 33 North Dakota Fargo (I) 27 23 23 34 33 35 Ohio Cincinnati (I) 69 42 26 72 50 36 Cleveland (I) 65 63 68 8 24 50 Columbus (I) 66 77 81 59 78 81 Oklahoma Oklahoma City (I) 19 13 13 7 6 7 Tulsa (I) 1 3 5 1 1 1 Oregon Eugene (M) 22 21 34 26 16 23 Portland (I) 24 44 54 31 39 46 Pennsylvania Erie (I) 50 65 74 30 69 80 Philadelphia (I) 68 69 78 61 79 84 Pittsburgh (I) 53 63 73 62 64 67 Rhode Island Pawtucket (I) 102 104 104 100 101 103 South Carolina Columbia (I) 58 83 66 69 67 58 South Dakota Sioux Falls (I) 33 41 40 40 55 52 Tennessee Knoxville (M) 64 52 51 54 56 54 Memphis (M) 60 50 49 53 57 56 Nashville (M) 72 57 57 65 65 69 4
Schedule 4 M - Municipal or Public Power District I - Investor-owned utility STATE CITY Rankings of Industrial Bills Rates in Effect January 1, 2015 Arranged by State and City 15,000 kwh 30,000 kwh 50,000 kwh 200,000 kwh 400,000 kwh 650,000 kwh Texas Austin (M) 67 55 55 68 68 68 Dallas (I) 83 84 80 85 83 78 El Paso (I) 56 49 45 76 59 43 Utah Salt Lake City (I) 54 24 16 58 36 25 Vermont Burlington (M) 93 93 89 93 92 90 Virginia Norfolk (I) 45 33 18 56 26 17 Richmond (I) 45 33 18 56 26 17 Roanoke (I) 29 38 38 29 38 28 Washington Seattle (M) 2 5 21 3 9 29 Spokane (I) 28 47 53 27 48 60 Tacoma (M) 4 1 1 4 2 2 West Virginia Wheeling (I) 18 17 8 12 14 10 Wisconsin Madison (I) 78 72 70 80 82 76 Milwaukee (I) 49 56 65 44 63 73 Wyoming Cheyenne (I) 90 79 63 86 80 75 5
Index to Utilities in the Survey Schedule 5 STATE CITY Name of Utility (M) - Municipal (I) - Investor-Owned Alabama Birmingham Alabama Power Company (I) Huntsville Huntsville Utilities (M) Mobile Alabama Power Company (I) Alaska Anchorage Municipal Light & Power (M) Arizona Mesa SRP (M) Phoenix Arizona Public Service Company (I) Tucson Tucson Electric Power Company (I) Arkansas Little Rock Entergy Arkansas, Inc. (I) California Los Angeles Los Angeles Dept. of Water & Power (M) San Diego San Diego Gas & Electric Company (I) San Francisco Pacific Gas & Electric Company (I) Colorado Colorado Springs Colorado Springs Dept. of Utilities (M) Denver Public Service Company of Colorado (I) Pueblo Black Hills/Colorado Electric (I) Connecticut Bridgeport United Illuminating Company (I) New Haven United Illuminating Company (I) Waterbury Connecticut Light & Power Company (I) Delaware Wilmington Delmarva Power (I) District of Columbia Washington, DC Potomac Electric Power Company (I) Florida Jacksonville JEA (M) Miami Florida Power & Light Company (I) Tampa Tampa Electric Company (I) Georgia Atlanta Georgia Power Company (I) Columbus Georgia Power Company (I) Savannah Georgia Power Company (I) Hawaii Honolulu Hawaiian Electric Company (I) Idaho Boise Idaho Power Company (I) Illinois Chicago Commonwealth Edison Company (I) Rockford Commonwealth Edison Company (I) Springfield City of Springfield, IL City Water Light & Power Dept. (M) Indiana Evansville Southern Indiana Gas & Electric Company (I) Gary Northern Indiana Public Service Company (I) Indianapolis Indianapolis Power & Light Company (I) Iowa Cedar Rapids Interstate Power & Light (Northeast Zone) (I) Davenport MidAmerican Energy - East System (I) Des Moines MidAmerican Energy - South System (I) 1
Index to Utilities in the Survey Schedule 5 STATE CITY Name of Utility (M) - Municipal (I) - Investor-Owned Kansas Kansas City Kansas City Board of Public Utilities (M) Overland Park Kansas City Power & Light Company (Overland Park) (I) Wichita Westar Energy-KGE (I) Kentucky Lexington Kentucky Utilities Company (I) Louisville Louisville Gas & Electric Company (I) Louisiana Baton Rouge Entergy Gulf States, Inc. (I) New Orleans Entergy New Orleans, Inc. (I) Shreveport Southwestern Electric Power Company (I) Maine Portland Central Maine Power Company (I) Maryland Baltimore Baltimore Gas & Electric Company (I) Massachusetts Boston Boston Edison Company (I) Cambridge Cambridge Electric Company (I) Springfield Western Massachusetts Electric Company (I) Michigan Detroit Detroit Edison Company (I) Grand Rapids Consumers Energy (I) Lansing Lansing Board of Water & Light (M) Minnesota Duluth Minnesota Power Company (I) Minneapolis Northern States Power Company (Minnesota) (I) Saint Paul Northern States Power Company (Minnesota) (I) Mississippi Jackson Entergy Mississippi, Inc. (I) Missouri Kansas City Kansas City Power & Light Company (Kansas City, MO) (I) Saint Louis AmerenUE (I) Springfield City Utilities of Springfield, MO (M) Montana Billings NorthWestern Energy (formerly Montana Power) (I) Nebraska Lincoln Lincoln Electric System (M) Omaha Omaha Public Power District (M) Nevada Las Vegas Nevada Power Company (I) Reno Sierra Pacific Power Company (I) New Hampshire Manchester Public Service Company of New Hampshire (I) New Jersey Newark Public Service Electric & Gas Company (I) Paterson Public Service Electric & Gas Company (I) New Mexico Albuquerque Public Service Company of New Mexico (I) New York Buffalo Niagara Mohawk Power Corporation (I) Hempstead LIPA (M) New York City Consolidated Edison Company of New York (I) 2
Index to Utilities in the Survey Schedule 5 STATE CITY Name of Utility (M) - Municipal (I) - Investor-Owned North Carolina Charlotte Duke Energy Carolinas (I) Greensboro Duke Energy Carolinas (I) Raleigh Progress Energy Carolinas, Inc. (I) North Dakota Fargo Northern States Power Company (Minnesota) (I) Ohio Cincinnati Duke Energy Ohio (I) Cleveland Cleveland Electric Illuminating Company (I) Columbus AEP (Columbus Southern Power Rate Area) (I) Oklahoma Oklahoma City OG&E Electric Services (I) Tulsa Public Service Company of Oklahoma (I) Oregon Eugene Eugene Water & Electric Board (M) Portland Portland General Electric Company (I) Pennsylvania Erie Pennsylvania Electric Company (I) Philadelphia PECO Energy (I) Pittsburgh Duquesne Light Company (I) Rhode Island Pawtucket Narragansett Electric Company (I) South Carolina Columbia South Carolina Electric & Gas Company (I) South Dakota Sioux Falls Northern States Power Company (Minnesota) (I) Tennessee Knoxville Knoxville Utilities Board (M) Memphis Memphis Light, Gas & Water Division (M) Nashville Nashville Electric Service (M) Texas Austin Austin Energy (M) Dallas TXU Energy (I) El Paso El Paso Electric Company (I) Utah Salt Lake City PacifiCorp (I) Vermont Burlington Burlington Electric Department (M) Virginia Norfolk Dominion Virginia Power (I) Richmond Dominion Virginia Power (I) Roanoke AEP (Appalachian Power Rate Area) (I) Washington Seattle Seattle City Light (M) Spokane Avista Corp. (I) Tacoma Tacoma Public Utilities, Light Division (M) West Virginia Wheeling AEP (Wheeling Power Rate Area) (I) Wisconsin Madison Madison Gas & Electric Company (I) Milwaukee Northwestern Wisconsin Electric Company (I) Wyoming Cheyenne Cheyenne Light, Fuel & Power Company (I) 3
Schedule 6 Overall Ranks Survey Rank Average Bill Difference Average Rank City (2014 Rank) 2014 to 2015 1 1.9 Tulsa, OK (1) 5.3% 2 3.4 Tacoma, WA (2) 4.4% 3 5.7 Boise, ID (5) 1.5% 4 7.9 Des Moines, IA (3) 10.9% 5 9.0 Davenport, IA (7) 2.1% 6 9.1 Seattle, WA (6) 5.4% 7 10.4 Little Rock, AR (4) 9.0% 8 13.0 Charlotte, NC (17) -2.7% 8 13.0 Greensboro, NC (17) -2.7% 10 13.9 Wheeling, WV (14) -0.2% 11 15.1 Lincoln, NE (13) 0.0% 12 15.2 Shreveport, LA (8) 5.0% 13 15.8 Omaha, NE (12) 1.4% 13 15.8 Oklahoma City, OK (10) 2.3% 15 19.5 Springfield, MO (9) 9.3% 16 19.6 Saint Louis, MO (19) 1.3% 17 20.5 New Orleans, LA (37) -9.0% 18 20.7 Raleigh, NC (22) 0.7% 19 21.3 Lexington, KY (14) 4.0% 20 22.8 Eugene, OR (11) 6.0% 21 25.9 Baton Rouge, LA (16) 8.3% 22 27.1 Buffalo, NY (74) -19.9% 23 28.0 Fargo, ND (26) 4.0% 24 28.3 Duluth, MN (32) 0.5% 25 30.9 Miami, FL (30) 3.1% 26 31.6 Louisville, KY (27) 5.0% 27 32.3 Indianapolis, IN (31) 4.3% 28 32.8 Norfolk, VA (20) 9.8% 28 32.8 Richmond, VA (20) 9.8% 30 33.3 Salt Lake City, UT (35) 0.5% 30 33.3 Huntsville, AL (34) 1.1% 32 34.3 Colorado Springs, CO (28) 6.2% 33 36.0 Spokane, WA (39) 0.0% 34 36.3 Portland, OR (41) -0.7% 35 37.3 Kansas City, MO (38) 2.2% 36 38.7 Roanoke, VA (33) 7.6% 37 38.8 Wilmington, DE (57) -6.1% 38 39.9 Denver, CO (47) -0.8% 39 40.5 Tampa, FL (50) -1.4% 40 42.3 Reno, NV (42) 1.6% 41 43.2 Mesa, AZ (49) 0.0% 1
Schedule 6 Overall Ranks Survey Rank Average Bill Difference Average Rank City (2014 Rank) 2014 to 2015 42 44.3 Knoxville, TN (51) 0.3% 43 44.6 Las Vegas, NV (44) 3.6% 44 44.8 Memphis, TN (48) 1.7% 45 45.1 Minneapolis, MN (60) -4.8% 45 45.1 Saint Paul, MN (60) -4.8% 47 45.3 Overland Park, KS (53) -0.7% 48 46.6 Sioux Falls, SD (40) 5.2% 49 48.4 Jackson, MS (36) 10.5% 50 48.8 Detroit, MI (66) -5.6% 51 49.0 Cleveland, OH (42) 8.3% 52 50.1 Cedar Rapids, IA (54) 1.9% 53 50.6 Chicago, IL (24) 21.3% 53 50.6 Rockford, IL (24) 21.3% 55 51.1 Cincinnati, OH (52) 2.7% 56 51.3 El Paso, TX (55) 1.7% 57 53.3 Billings, MT (45) 9.2% 58 54.8 Austin, TX (62) 1.8% 59 54.9 Erie, PA (23) 31.2% 60 55.7 Wichita, KS (46) 11.9% 61 57.3 Nashville, TN (65) 0.9% 62 58.4 Milwaukee, WI (64) 1.6% 63 59.8 Birmingham, AL (58) 6.0% 63 59.8 Mobile, AL (58) 6.0% 65 61.3 Evansville, IN (68) 1.5% 66 61.8 Tucson, AZ (63) 4.8% 67 64.8 Atlanta, GA (69) 3.7% 67 64.8 Columbus, GA (69) 3.7% 67 64.8 Savannah, GA (69) 3.7% 70 65.3 Pittsburgh, PA (29) 30.1% 71 68.7 Phoenix, AZ (76) 2.2% 72 69.2 Grand Rapids, MI (73) 5.1% 73 69.3 Kansas City, KS (75) 3.4% 73 69.3 Albuquerque, NM (67) 8.7% 75 71.4 Washington, D.C. (85) -6.7% 76 72.4 Jacksonville, FL (78) 0.0% 77 72.8 Columbia, SC (77) 2.8% 78 74.2 Gary, IN (79) 0.3% 79 74.8 Philadelphia, PA (72) 10.3% 80 75.4 Columbus, OH (83) 1.0% 81 78.9 Springfield, IL (83) 2.9% 82 79.1 Madison, WI (81) 4.2% 2
Schedule 6 Overall Ranks Survey Rank Average Bill Difference Average Rank City (2014 Rank) 2014 to 2015 83 80.8 Portland, ME (88) 12.4% 84 80.9 Baltimore, MD (80) 10.8% 85 81.1 Lansing, MI (56) 27.9% 86 81.3 Cheyenne, WY (86) 4.2% 87 82.3 Dallas, TX (82) 6.6% 88 85.5 Pueblo, CO (87) 12.8% 89 86.8 Los Angeles, CA (90) -2.4% 90 88.5 Anchorage, AK (89) 6.5% 91 90.5 Newark, NJ (91) 6.5% 91 90.5 Paterson, NJ (91) 6.5% 93 91.2 Burlington, VT (94) -0.4% 94 92.7 Manchester, NH (93) 6.9% 95 95.9 San Francisco, CA (97) 8.9% 96 96.3 Hempstead, NY (104) -0.6% 97 96.8 Waterbury, CT (98) 13.1% 98 98.8 New York City, NY (105) -28.7% 99 99.9 San Diego, CA (102) 20.2% 100 100.1 Cambridge, MA (95) 43.0% 101 101.2 Pawtucket, RI (101) 39.0% 102 101.9 Bridgeport, CT (99) 42.0% 102 101.9 New Haven, CT (99) 42.0% 104 102.1 Boston, MA (103) 37.4% 105 103.5 Springfield, MA (96) 65.6% 106 104.8 Honolulu, HI (106) -12.2% 3
Index to Regions in the Survey Schedule 7 UTILITY CITY STATE REGION City of Springfield, IL City Water Light & Power Dept. Springfield Illinois East North Central Commonwealth Edison Company Chicago Illinois East North Central Commonwealth Edison Company Rockford Illinois East North Central Indianapolis Power & Light Company Indianapolis Indiana East North Central Northern Indiana Public Service Company Gary Indiana East North Central Southern Indiana Gas & Electric Company Evansville Indiana East North Central Consumers Energy Grand Rapids Michigan East North Central Detroit Edison Company Detroit Michigan East North Central Lansing Board of Water & Light Lansing Michigan East North Central AEP (Columbus Southern Power Rate Area) Columbus Ohio East North Central Cleveland Electric Illuminating Company Cleveland Ohio East North Central Duke Energy Ohio Cincinnati Ohio East North Central Madison Gas & Electric Company Madison Wisconsin East North Central Northwestern Wisconsin Electric Company Milwaukee Wisconsin East North Central Alabama Power Company Birmingham Alabama East South Central Alabama Power Company Mobile Alabama East South Central Huntsville Utilities Huntsville Alabama East South Central Kentucky Utilities Company Lexington Kentucky East South Central Louisville Gas & Electric Company Louisville Kentucky East South Central Entergy Mississippi, Inc. Jackson Mississippi East South Central Knoxville Utilities Board Knoxville Tennessee East South Central Memphis Light, Gas & Water Division Memphis Tennessee East South Central Nashville Electric Service Nashville Tennessee East South Central Public Service Electric & Gas Company Newark New Jersey Middle Atlantic Public Service Electric & Gas Company Paterson New Jersey Middle Atlantic Consolidated Edison Company of New York New York City New York Middle Atlantic LIPA Hempstead New York Middle Atlantic Niagara Mohawk Power Corporation Buffalo New York Middle Atlantic Duquesne Light Company Pittsburgh Pennsylvania Middle Atlantic PECO Energy Philadelphia Pennsylvania Middle Atlantic Pennsylvania Electric Company Erie Pennsylvania Middle Atlantic Arizona Public Service Company Phoenix Arizona Mountain SRP Mesa Arizona Mountain Tucson Electric Power Company Tucson Arizona Mountain Black Hills/Colorado Electric Pueblo Colorado Mountain Colorado Springs Dept. of Utilities Colorado Springs Colorado Mountain Public Service Company of Colorado Denver Colorado Mountain Idaho Power Company Boise Idaho Mountain NorthWestern Energy (formerly Montana Power) Billings Montana Mountain Nevada Power Company Las Vegas Nevada Mountain Sierra Pacific Power Company Reno Nevada Mountain Public Service Company of New Mexico Albuquerque New Mexico Mountain PacifiCorp Salt Lake City Utah Mountain Cheyenne Light, Fuel & Power Company Cheyenne Wyoming Mountain Connecticut Light & Power Company Waterbury Connecticut New England United Illuminating Company Bridgeport Connecticut New England United Illuminating Company New Haven Connecticut New England Central Maine Power Company Portland Maine New England Boston Edison Company Boston Massachusetts New England Cambridge Electric Company Cambridge Massachusetts New England Western Massachusetts Electric Company Springfield Massachusetts New England Public Service Company of New Hampshire Manchester New Hampshire New England Narragansett Electric Company Pawtucket Rhode Island New England Burlington Electric Department Burlington Vermont New England 1
Index to Regions in the Survey Schedule 7 UTILITY CITY STATE REGION Los Angeles Dept. of Water & Power Los Angeles California Pacific Contiguous Pacific Gas & Electric Company San Francisco California Pacific Contiguous San Diego Gas & Electric Company San Diego California Pacific Contiguous Eugene Water & Electric Board Eugene Oregon Pacific Contiguous Portland General Electric Company Portland Oregon Pacific Contiguous Avista Corp. Spokane Washington Pacific Contiguous Seattle City Light Seattle Washington Pacific Contiguous Tacoma Public Utilities, Light Division Tacoma Washington Pacific Contiguous Municipal Light & Power Anchorage Alaska Pacific Noncontiguous Hawaiian Electric Company Honolulu Hawaii Pacific Noncontiguous Delmarva Power Wilmington Delaware South Atlantic Potomac Electric Power Company Washington, DC District of Columbia South Atlantic Florida Power & Light Company Miami Florida South Atlantic JEA Jacksonville Florida South Atlantic Tampa Electric Company Tampa Florida South Atlantic Georgia Power Company Atlanta Georgia South Atlantic Georgia Power Company Columbus Georgia South Atlantic Georgia Power Company Savannah Georgia South Atlantic Baltimore Gas & Electric Company Baltimore Maryland South Atlantic Duke Energy Carolinas Charlotte North Carolina South Atlantic Duke Energy Carolinas Greensboro North Carolina South Atlantic Progress Energy Carolinas, Inc. Raleigh North Carolina South Atlantic South Carolina Electric & Gas Company Columbia South Carolina South Atlantic AEP (Appalachian Power Rate Area) Roanoke Virginia South Atlantic Dominion Virginia Power Norfolk Virginia South Atlantic Dominion Virginia Power Richmond Virginia South Atlantic AEP (Wheeling Power Rate Area) Wheeling West Virginia South Atlantic Interstate Power & Light (Northeast Zone) Cedar Rapids Iowa West North Central MidAmerican Energy - East System Davenport Iowa West North Central MidAmerican Energy - South System Des Moines Iowa West North Central Kansas City Board of Public Utilities Kansas City Kansas West North Central Kansas City Power & Light Company (Overland Park) Overland Park Kansas West North Central Westar Energy-KGE Wichita Kansas West North Central Minnesota Power Company Duluth Minnesota West North Central Northern States Power Company (Minnesota) Minneapolis Minnesota West North Central Northern States Power Company (Minnesota) Saint Paul Minnesota West North Central AmerenUE Saint Louis Missouri West North Central City Utilities of Springfield, MO Springfield Missouri West North Central Kansas City Power & Light Company (Kansas City, MO)Kansas City Missouri West North Central Lincoln Electric System Lincoln Nebraska West North Central Omaha Public Power District Omaha Nebraska West North Central Northern States Power Company (Minnesota) Fargo North Dakota West North Central Northern States Power Company (Minnesota) Sioux Falls South Dakota West North Central Entergy Arkansas, Inc. Little Rock Arkansas West South Central Entergy Gulf States, Inc. Baton Rouge Louisiana West South Central Entergy New Orleans, Inc. New Orleans Louisiana West South Central Southwestern Electric Power Company Shreveport Louisiana West South Central OG&E Electric Services Oklahoma City Oklahoma West South Central Public Service Company of Oklahoma Tulsa Oklahoma West South Central Austin Energy Austin Texas West South Central El Paso Electric Company El Paso Texas West South Central TXU Energy Dallas Texas West South Central 2