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GAS ADJUSTMENTS EFFECTIVE JUNE 2008
TO: FROM: COPIES: SUBJECT: DATE: CLEARWATER GAS SYSTEM Interoffice Correspondence Sheet William B. Horne II, City Manager \ Chuck Warrington, Managing Director ~ Rod Irwin, Assistant City Manager; _itity Clerk; CGS & CCS Management Teams; Janet Dorrough, Sr. Accountant/CGS; Tom Madley, Sr. Accountant/CCS; Laura Damico, Sr. Accountant/CCS GAS ADJUSTMENTS EFFECTIVE JUNE 2008 May 20,2008 Both Natural Gas and Propane (LP) markets have begun to increase significantly over the past several months due to world energy prices and diminishing storage levels. Hence, we are recommending an increase in our Natural Gas Purchased Gas Adjustments (PGA) of 13~/therm and an increase in our LP PGA of 5(:/gallon at this time. We will continue to closely monitor our actual gas supply costs and propose additional changes if we see the costs change substantially. Our ECA rebates have been down significantly this year due to the near collapse of the building industry and the poor economy as a whole; therefore, we are recommending a 2(:/therm or gallon reduction in our Energy Conservation Adjustment (ECA). We are not recommending any change in our Environmental Imposition Adjustme!1t (EIA) nor our Weather Normalization Adjustment (WNA) clauses at this time. The net effect of these recommended changes is a net increase in our typical Residential Natural Gas customer's rate of 11 c/therm (up 5.6%) and a net increase in our typical Residential Propane (LP) Gas customer's rate of 3C/gallon (up 1.0%). This is a historical peak price for LP, but is still 11.9% below the peak price for Natural Gas, which occurred in Dec 2005 - January 2006. Therefore, we are recommending your approval of the following rates to become effective for billings rendered on and after June 1, 2008: Natural Gas Firm Standard Rate Schedule PGA ....... $1.31 pertherm (up 13(:/therm) Natural Gas Interruptible and Contract (Non-Standard) Rate Schedule PGA ............. $1.23 per therm (up 13~/therm) Propane (LP) Gas Rate Schedule PGA .................... $2.15 per gallon (up 5(:/gallon) Energy Conservation Adjustment (ECA) ............... $0.07 per therm or gallon (down 2(:) Environmental Imposition Adjustment (EIA) ......... $0.00 per therm or gallon (no change) Weather Normalization Adjustment (WNA) .......... $0.03 per therm or gallon (no change) William B. Horne II, City Manager Page 2 May 20, 2008 Attachment #1 shows the status of our Adjustment Recovery Clause balances with actuals thru April and projections thru Period 13 of this fiscal year. These show that we are projecting being ahead on our collections by about $138,000 by FYE, which is very close to how we started the year. This is important to our fiscal condition. Attachments #2 an~f#3show..'QJJr annual projections for Natural Gas and LP supply costs, respectively. Attachments #4 anctin)-sAo.w the impact of these adjustment clause changes on our overall Natural and LP Gas rates, respeCt~ty:--Attac.bment #6 shows our rate history over the past 3 + years and shows our relationship to electric prices. I should point out that the overall effect is that our typical Residential customer rates will now be 42% lower than electric for Natural Gas and LP will be even with electric. Therefore, we remain in an extremely competitive position vs. electricity. It is our plan to use the above-proposed adjustments for billings through September 30, 2008, unless there is a significant change in our forecasts or we project a significant over/under recovery of our adjustment clauses. We will continue to track these balances monthly, make monthly projections of these factors based on market conditions, and let you know if any of these get significantly out of balance. Bill, I would appreciate your approval of these revised adjustment rates so we can get this information to CCS in order to make the appropriate adjustments in the billing formulas in time for the June 1st billings. If you have any questions on this, please call me. CSW /csw Attachments Approved: ~ ,t;3.~--:;Jl. William B. Horne II, City Manager U:\My Documents\MSOFFICE\WINWORD\GASRATES\Gas Adjustments for June 2008.doc CLEARWATER GAS SYSTEM SUMMARY OF RATE ADJUSTMENT CLAUSE COLLECTIONS FOR FY 07/08 Attachment #1 Page 1 of 3 NATURAL GAS PURCHASED GAS ADJUSTMENT IPGA.NGI Reservation Charges Commodity Charges Budget Month Prior Year Oct-07 $ 2,995,907.81 $ 986,429.07 Nov-07 $ 162,347.55 $ 1,119,202.77 Dee-07 $ 150,733.55 $ 1,402,134.03 Jan-08 $ 134,272.17 $ 1,705,922.47 Febc08 $ 154,923.90 $ 1,620,686.97 Mar-08 $ 166,041.12 $ 1,588,366.40 Apr-08 $ 108,354.47 $ 1,821,873.61 May-08 $ 78,000.00 $_ 1,730,000.00 Jun-08 $ 78,000.00 $ 1,640,000.00 Jul-08 $ 78,000.00 $ 1,640,000.00 Aug-08 $ 78,000.00 $ 1,640,000.00 Sep-08 '$ 78,000.00 I $ 1,640,000.00 Per 13 $ 25,207.58 i $ --- - Total YTD $ 4,287,788.15 I $ 18,534,615.32 (1) Includes annual charge for Admin of $648,160 + Annual CCS ch ; + FY 06/07 PGA write off of $28,277.51 + WNA $135,64 " r Note:J3i"-edincludes Deferred Revs re~co':P. of $982,285.39 Net R6~ls-1,349)fli,42+-----~-~- - ---- -- --- I PROPANEiipl GAS PURCHASED GAS ADJUSTMENT (PGA-LPl i Bud!1et I Month I Prior Year Oet-07 Nov-07 Dee-07 Jan-08 Feb-08 Mar-08 , Apr-08 May-08 Jun-08 Jul-08 ' Aug-08 Sep-08 Per 13 Total YTD Monthly WACOG 36,522.8 $ 33,056.8 I $ 38,487.0 $ 58,278.4 $ 53,023.9 $ 44,360.6 $ 56,003.9 $ 45,000.0 $ 42,000.0 I $ 37,000.0 I $ 37,000.0 I $ 37,000.0 $ 1.38433 1.53309 1.60329 1.65887 1.64212 1.64377 1.62757 1.79000 1.82000 1.84000 1.86000 1.87000 517,733.4 1.68782 $ Cost Center Expenses CCS Chg + Admin Chg + Dividend FY 06/07 Write off PGA & WNA Fuel PC Anywhere LP Yard Vaporization LP PGA Event fuel cost Depreciation of LP Tanks Suburban Software Systems Suburban Software Systems License Contribution to garage LP trk upgrade . Monthlv Cumulative NG PGA Interest Cost Center Total NG Fuel Total NG PGA Overage YTD Overage Rate/Therm Expense Expenses Expenses Billed (Shortage) (Shortage) Firm/Contr - $ 45,593.93 $ - $ 31,242.98 1 $ 4,013,579.86 $ 2,306,584.81 $ (1,706,995.05 $ 1,661,401.12) 1.08/1.00 $ 8,307.01 $ 41,104.95 $ 1,330,962.28 $ 1,542,587.20 $ 211,624.92 $ 1,449,776.20) 1.08/1.00 $ 7,248.88 $ 56,275.23 $ 1,616,391.69 $ 1,986,985.55 $ 370,593.86 $ 1,079,182.34) 1.08/1.00 $ 5,395.91 $ 40,794.65 $ 1,886,385.20 $ 1,931,339.18 $ 44,953.98 $ 1,034,228.36 1.08/1.00 $ 5,171.14 $ 39,591.14 $ 1,820,373.15 $ 2,104,653.65 $ 284,280.50 $ (749,947.86 1.08/1.00 $ 3,749.74 $ 40,457.54 $ 1,798,614.80 $ 1,910,479.00 $ 111,864.20 $ (638, 083.66 ~;;l?lil';~i'l:f~;l~;~i;J.'i~li $ 3,190.42 $ 35,342.68 $ 1,968,761.18 $ 1,944,387.46 $ (24,373.72) $ (662,457.38) 1.05/0.97 $ 3,312.29 $ 40,000.00 $ 1,851,312.29 $ 1,928,986.40 $ 77,674.11 $ (584,7 83.27 ~~!;li,:lii~;[~~~j~~;;;::":: $ 2,923.92 $ 40,000.00 $ 1 ,760,923.92 $ 2,048,507.14 $ 287,583.22 $ (297,200.04) $ 1 ,486.00 $ 40,000.00 $ 1 ,759,486.00 $ 1,867,756.51 $ 1 08,270.51 $ (188,929.53 1.3111.23 $ 944.65 $ 40,000.00 $ 1,758,944.65 $ 1,867,756.51 $ 108,811.86 $ (80,117.67) 1.31/1.23 $ 400.59 $ 40,000.00 $ 1,758,400.59 $ 1,867,756.51 $ 109,355.92 $ 29,238.25 1.31/1.23 $ - $ - 5 $ 25,207.58 $ - $ (25,207.58 $ 4,030.68 $ 42,130.54 $ 484,809.17 $ 23,349,343.18 $ 23,307,779.92 $ (41,563.25) of $959,620 + Dividend $1,276,400 $ 2,912,593,15 Interest Expense -- ..----- $ 188.92 $ $ 837.01 $ $ 753.65 $ $ 662.78 $ $ 539.42 $ $ 423.01 $ $ 334.52 $ $ 220.52 I $ $ 151.90 $ $ 83.39 $ $ 26.49 $ $ (27.00) $ $ 4,194.61 $ $ - 15\ Commodity adiustment from FYE transfer of ECA Collected in PGA @ 1/2 of the ECA Rate NG Proportion = 97.78% x Total ECA Transfer = $ 43,818.38 + Transfer ofWNA to PGA = $ (18,610.80 Commodity Charaes ______'_ ___~_~_L_ Monthly Cumulative LP PGA Total LP Fuel Total LP PGA i Overaae YTD Overalle Therm/Gal. Expenses Billed I IShorta!1e) I (Shortaae) I , $ (37,784.74 199,473.59 $ 69,856.53 I $ (129,617.06\ $ 167,401.80) 1.75/1.91 51,516.06 $ 68,188.12 I $ 16,672.06 $ 150,729.74 62,459.47 $ 80,633.03 $ 18,173.56 $ 132,556.18) < 'H''> n" 97,339.07 $ 122,012.14 $ 24,673.07 $ 107,883.11) 1.91/2.09 87,611.02 $ 110,891.59 ' $ 23,280.57 $ (84,602.54) 1.91/2.09 73,341.64 $ 91,039.92 $ 17,698.28 $ (66,904.26) 91,484.79 $ 114,285.55 $ 22,800.76 $ (44,103.50) 1.87/2.04 80,770.52 $ 94,493.42 $ 13,722.90 $ (30, 380.60 ji~I'i'i~lm~~[~11li!li~ill 76,591.90 $ 90,293.71 $ 13,701.81 $ (16,678.79 68,163.39 $ 79,544.46 I $ 11,381.07 $ (5,297.72) 1.97/2.15 68,846.49 $ 79,544.46 $ 10,697.97 $ 5,400.25 1.97/2.15 69,163.00 $ 79,544.46 $ 10,381.46 $ 15,781.71 1.97/2.15 12,269.79 $ - $ (12,269.79 $ 3,511.92 1,039,030.73 $ 1,080,327.39 $ 41,296.66 (2 -- 50,559.61 50,679.05 61,705.82 96,676.29 87,071.61 72,918.62 91,150.27 80,550.00 76,440.00 68,080.00 68,820.00 69,190.00 --1T$ $ $ .$ $ 1$ $ $ $ $ $ $ 4 $ $ 873,841.27 88,530.00 1 1,136.69 1 15,000.00 1 159.00 . i 1,871.43 1 5,794.01 1 34,414.23 1 1,250.00 1 569.70 1 - 1 (4) Adiustment from FYE transfer of ECA in PGA @ 1/2 of the ECA Rate LP Proportion = 2.22% x Total ECA Transfer = I $ 994.85 + [ I Total Cost Cntr Exp $ 148,725.06 $ Proj. Adders 160,000.00 $ Allow for 11,274.94 CLEARWATER GAS SYSTEM SUMMARY OF RATE ADJUSTMENT CLAUSE COLLECTIONS FOR FY 07/08 Attachment #1 Page 2 of 3 ENERGY CONSERVATION ADJUSTMENT IECAl Monthly Cumulative ECA Budaet Cost Center Interest Total ECA Total ECA Overage YTD Overaae NGfTherm Month Expenses Notes/Exceptlonalltems EXDsnss Exr>enses Billed (Shortaae) (Shortaae) LPIGal. Prior Year - $ - Oct-07 $ 316,454.23 Promo$36,720,Adv $0, Employ C0515$57,160 $ - 1 $ 318,454.23 $ 111,884.77 $ (206,569.46 $ (206,569.46 0.18/0.18 Nov-07 $ 95,913.73 Promo$26.790,Adv $1,730, Employ C05Is$67,394 $ 1,032,85 $ 96,946.58 $ 122,642.60 $ 25,696.02 $ (180,873.44 0.18/0.18 Dec-07 $ 76,495.95 Promo$23,40S,Ady $1,02S, Employ C05ts$22,066 $ 904.37 $ 77,400.32 $ 156,000.42 $ 78,600.1.0 $ (102,273.33) 0.18/0.18 Jan-08 $ 79,959;70 Promo$24,930,Adv $230, Employ C05ts$S4,800 $ 511.37 $ 80,471.07 $ 188214.03 $ 107,742.96 $ 5,469.63 0.18/0.18 Feb-08 $ 143,992.35 Promo$75,046.Adv $180, Employ C05Is$68,766 $ - $ 143,992.35 $ 184,801.05 $ 40,808.70 $ 46,278.33 0.18/0; 18 Mar-08 $ 85,799.60 Promo$27,988,Adv $1.590, Employ C05Is$56,222 $ - $ 85,799.60 $ 141,996.29 $ 56,196.69 $ 102,4 75.02 !,j~S\;i~iI~~61:~', ;F~-.' Apr-06 $ 67,873.23 Promo$39, 190.Adv $3,310, Employ C0515$4S,373 $ - $ 87,873.23 $ 135,572.31 $ 47,699.08 $ ,50,174.,0j_ May-06 .$ 95,000.00 $ - $ 95,000.00 $ 74,543.96 $ 20,456.04 $ 129,718,06 Jun-08 $ 95,000.00 $ - $ 95,000.00 $ 55,040.21 $ 39,959.79 $ 89,758.27>", ,"" Jul-08 $ 95,000.00 $ - $ 95,000.00 $ 50,142.83 $ 44,857.17 $ 44,901.10 0.07/0.07 AU!:I-08 $ 95,000.00 $ - $ 95,000.00 $ 50,142.83 $ 44,857.17 $ 43.94 0.07/0.07 Sep-08 $ 95,000.00 $ - $ 95,000.00 $ 50,142.83 $ 44,657.17) $ (44,813.23 0.0710.07 Per13 6 $ - $ 44,813.23 $ 44,813.23 $ - Total YTD $ 1,363,468.79 $ 2,448.58 $ 1,365,937.37 $ 1,365,937.37 $ - (1 ) Includes annual charge for AdJ11in Chg of $38,760 + CCS chg of $69,670 (61 = Transfer of ECA Collected in PGA tm 1/2 of the ECA Rate (up to ECA Annual Shortfall) + Dividend of $111 ,680+ FY 06/07 Write off of $4,464,66 · $ 224,574,66 Not.: Maximum amount which can b. tranlftrrtd · $ tlIIO,Il6Ul7 (2 (31 I Net CCE= $ 1,138.914.13 - - ENVIRONMENTAL IMPOSITIONA'DJUSTMENT IEIA) I Monthly Cumulative EIA Budget Cost Center Interest Total EIA Total EIA Overage YTO Overaae NGfThenn Month Expenses N~tes/Excepti,onalltems Expense Expenses Billed (Shortage) (Shortage) LP/Gal. Prior Year $ 113,277.52 Oct-07 $ 14,182.79 $ . 1 $ 14,182.79 $ (0.21) $ (14,183.00) $ 99,094.52 0.00/0.00 Nov-O? $ 1,427.00 $ - 2 $ 1,427.00 $ . 95,999.86 $ 94,572.86 $ 193,667.38 0.00/0.00 Dec-O? ,$ 2,909.70 $ - $ 2,909.70 $ (0.03) $ (2,909.73) $ 190,757.65 0.00/0.00 Jan-08 $ 4,529.35 $ - $ 4,529.35 $ (0.76) $ 4,530.11 ) $ 186,227.54 0.0010.00 Feb-08 $ 1,427.00 $ - $ 1,427.00 $ (0.391 $ 1,427.39 $ 184,800.15 0.00/0.00 Mar-08 $ 2,799.00 $ - $ 2,799.00 $ (2.481 $ 2.801.48 $ 181,998.67 0.00/0.00 Apr-08 $ 1,427.00 $ - $ 1,427.00 $ 0.03 $ 1,426.97 $ 180,571.70 0.00/0.~_ May-08 $ 10,000.00 $ $ 10,000.00 $ $ 10,000.00 $ 170,571.70 -~ - -, - 0.0010.00 Jun-08 $ 10,000.00 $ - $ 10,000.00 $ - $ 10,000.00) $ 160,571.70 0.00/0.00 Jul-08 $ 10,000.00 $ - $ 10,000.00 $ - $ 10,000.00) $ 150,571.70 0.00/0.00 Aug-08 $ 10,000.00 $ - $ 10,000.00 $ - $ 10,000.00l $ 140,571.70 0.00/0.00 Sep-08 $ 10,000.00 $ . $ 10,000.00 $ - $ 10,000.00) $ 130,571.70 0.00/0.00 Per13 $ - $ - $ - $ . $ - $ 130,571.70 Total YTD $ 78,701.84 $ - $ 78,701.84 $ 95,996.02 $ 17,294.18 (1) Includes annual charges for Admin Charge $10,300 + FY 06/07 write off of $184.79 = $ 10,484.79 (2) Billed includes $96,000 of MGP Insurance Claim Recovery Net eeE= $ 68,217.05 CLEARWATER GAS SYSTEM SUMMARY OF RATE ADJUSTMENT CLAUSE COLLECTIONS FOR FY 07/08 Attachment #1 Page 3 of 3 TOTAL ALL COST RECOVERY ADJUSTMENT CLAUSES IBoth PGAs + ECA + EIAI -- Monthly Cumulative Total Budaet Total All Total Recoverv Overage YTD Overage NGlTherm-Firm Month Exoenses Billed (Shortaael {Shortaael LP/Gallon Prior Year - -- $ - $ 121,086.71 Oel-07 $ 4,545,690.47 $ 2,488,325.90 $ (2,057,364.57 $ (1,936,277.86) 1.26/2.09 Nov-07 1,480,851.91 1,829,417.78 $ 348,565.87 $ (1,587,711.99 ['~t;'fi~:fmtl~~iiil!!l!l Dee-07 1,759,161.18 2,223,618.97 $ 464,457.79 $ (1,123,254.20 1.26/2.27 Jan-08 2,068,724.69 2,241,564.59 $ 172,839.90 $ (950,414.30) 1.26/2.27 Feb-08 2,053,403.52 2,400,345.90 $ 346,942.38 $ 603,471.92 1.26/2.27 Mar-08 1,960,555.04 2.143,512.73 $ 182,957.69 $ 420,514.23 .....i'ii~!lg~.f1~;'!!!'.:.' Apr-08 2,149,546.20 2,194,245.35 $ 44,699.15 $ 375 ,815.08 ~l~!lff~!~\li;;'1'~1i1 May-08 2,037,082.80 2,098,023.78 $ 60,940.98 $ 314,874.10 Jun-08 1,942,515.82 2,193,841.06 $ 251,325.24 $ (63,548.86) Jul-08 1,932,649.39 1,997,443.80 $ 64,794.41 $ 1,245.55 1.38/2.22 Aug-08 1,932,791.14 1,997,443.80 $ 64,652.67 $ 65,898.22 1.38/2.22 Sep-08 1,932,563.59 1,997,443.80 $ 64,880.22 $ 130,778.44 1.38/2.22 Per 13 -- --- 37,477.37 44,813.23 $ 7,335.86 $ 138,114.30 Total YTD $ 25.833,013.12 $ 25,850,040.71 $ 17,027.59 I I Total of All Additional Expenses Recovered Thru Adjustment Clauses = $ 3,296,377.66 ! -..-- WEATHER NORMALIZATION IWNAI u_ I - 1-- Monthly Cumulative WNA Budaet ---1------ -~ Interest Overaae YTD Overaae NGlTherm I ------- -... --- -- -- -.----. Month LP Gallons EXflen!;e Rate/Gallon NG Therms RatelTherm (Shortage) (Shortaae) LP/Gallon T I ---- Beg. Ba!. i $ - $ 257,997.00 ~7Id- --- --+-- -- -- ---_..,,- -- .-- ---------- . -- (9.80l ! 36,522.8 $ - - 1.396,440.2 ---- cJ- $ 258,006.80 0.00/0.00 NOV-OJt'--. I -~ - 33,056.8 . $ - - 1,612.140.2 - $ (0.16) I $ 258,006.96 0.00/0.00 -1-- ----- - - Dec-07 I 38,487.0 ' $ - 1,920,988.7 - $ (2.21l '$ 258,009.17 0.00/0.00 Jan-08 --t----- - --- 58,278.4 $ ~---- __u_ $ (1.28) $ (258,010.45) 0.00/0.00 - - 2,051,577.7 -- Feb-08 I 53,023.9 $ - - 2,148,022.9 - $ (0.79) $ (258,011.24) 0.00/0.00 Mar-08 44,360.6 $ - 0.03 1,972,879.1 0.03 $ 59,755.25 $ (198,255.99) ;;\ ;!~;~~,~~!.; ~- Apr-08 56,003.9 $ - 0.03 2,007,186.6 0.03 $ 61,946.79 $ (136,309.20 0.03/0.03 May-08 45,000.0 $ - 0.03 1,790,000.0 0.03 $ 55,050.00 $ (81,259.20) 0.03/0.03 Jun-08 42,000.0 $ - 0.03 1,700,000.0 0.03 $ 52,260.00 $ (28,999.20) 0.03/0.03 Jul-08 37,000.0 $ - 0.03 1,550,000.0 0.03 $ 47,610.00 $ 18,610.80 0.03/0.03 Aua-08 37,000.0 $ -- - 1,550,000.0 - $ - $ 18,610.80 Sep-08 I 37,000.0 $ - - 1,550,000.0 - $ - $ 18,610.80 n nnJn nn Per13 i 1 ~. , $ (18,610.80) $ - .. Total YTDi I 517,733.4 - I 21,249,235.4 $ 276,607.80 I i I (1l Transfer of WNA FYE balance to NG PGA I Last Updated:05/13/2008 /J. tr~M~r JI. 2- -= - CGS Natural Gas Cost Actual/Projections FY08 as of 5/13/2008 Oct..o7 Nov..o7 Oec..o7 Jan.08 Feb..o8 Mar..oa Apr..o8 May-08 Jun-08 Jul-08 Aug-08 Sep..o8 Total Contract Capacity Contract Excess Capacity Relinquishment Purchased Sold Gas Sold Gas Purchased % Sold Ges WACOG Frs.1 FT8-2 No-Notlce Call8c1tv Volume Cost Gas Actual Projected Gu lOll VI. ProJected Purchued 170,438 41 711 15,SOO 56,435 33,179 $ 18,700.1 155 791 139,&44 172.000 -3.41% 81.2% $ 7.19 306 670 53,430 22,500 167,&39 125 30~ $ 14,168.01 192,361 161,214 220,000 .5.32% 73.3% $ 8.11 316 768 55,211 31 000 188,003 1102,009 $ 21,716.15 183 "7 202.589 257,000 -5.80% 78.8% $ 7.62 316 789 55,z11 46 500 142.A06 88 873 $ 38,944..83 229 194 1"-668 237.000 6.28% 82.1% $ 7.92 298,351 51,849 43 500 148.419 48.58 $ 17,117.76 201 581 214802 225.000 2.13% 95.5% $ 8.48 318 78. 11.211 . 31 000 112132 "'183 S IUOB.58 201,88B 187 218 201 000 4.38% 98.2''' S 8.32 216,570 53 430 22,500 92,170 51,71 $ 21,686.09 177,830 200,719 179,000 112.1% $ 10.62 144212 41788 12400 14851 31000 12400.00 171148 170 000 $ In.65 139580 40 440 10500 25 000 30 000 12000.00 155 000 155 000 $ 10.86 144212 417l1li 10850 32 000 1; 12.400.00 154 000 154 000 $ 10.85 144 212 41711 10850 31 000 310 12400.00 155 000 155000 $ 10.86 139580 40 440 10500 25 000 10 (8.400.00 155 000 155000 S 10.92 2,862,052 572, 174 267,600 1,013,4&4 1538,283) 1$171,321.19) 2, 140,772 1,310,924 2,280,000 0.13% 88.7% $9.35 Oct..o7 Nov..o7 Dec-07 Jan-08 Feb-08 Mar..ol Apr..o8 May-08 Jun-08 Jul-08 Aug-08 SeJH18 Total Reservatlon charges FTS.1 FT8-1 FTS-2 FGU Load Load ToIal FTS-1 FTS.2 No-NoUce chlrgaa Uaag. Chlrg. Uaag. Charg. Total Monlhly Full COil Management fee Factor Factor Billing lohlle III (ohase 1111 NNTS (Dhase Ill' (Dhas. 1111 Commodltv charges AdIustments IFuel Retentlonl Per Month wi Relinauish wlo Relinauish (FGU+Peonlesl $ 89112.61 S 32.134.17 S 787.25 S 3 21UI S 878.20 I 1.030 360.03 . 3011.88 . 2U73At . 7.047.00 87.0% 73.4% $ 1.120 861.03 . 124.314.14 $ 41 087.67 $ 1113.75 . 3883.76 . 112.20 . 1 380 871.25 $ 1,847.52 I $ 38881A5 $ 8,114.00 57.5% 53.4% $ 1,559,275.42 $ 128,457.84 I 42457.28 $ 1 534.50 S 4 "',21 $ 80.09 $ 1,238,889.111 $ 2,.91.48 $ 38 582M $ 10.250.00 58.1% 49.5% $ 1 401 515.7& $ 128457.84 S 42,457.26 $ 2,301.75 $ 5,428.78 $ 87.82 $ 1 8&6.243.22 $ 5132.86 I $ 53 02&.55 $ 10677.00 81.0% 61.&% $ 1,815,591.71 $ 120170.33 $ 39 718.08 $ 2153.25 $ 4 672.90 $ 88.87 S 1 632.238.85 S (3213.11 $ 44 248.48 S 9.396.00 67.3% 57.9% $ 1,709.888.09 S 128.457.84 $ 42.457.28 $ 1 534.50 $ 4,880.09 $ tl4. 71 S 1 773 480.84 $ 874.29 S 61118.03 $ 9 801.00 64.1% 66.4% S 1.956,105.28 $ 87819.14 $ 41 087.67 $ 1113.75 $ 2.011.31 . (584.26 1 752.306.53 3 284.8& $ 55 252.14 S 8 328.00 81.1% 65.9";' S 1888,732.53 1$ 57 035.85 32 134.97 S 813.80 S 6 802.92 S 1 002.91 1 730 963.44 . 55650.00 7850.00 l1D.4% 92.0% $ 1 823268.61 5 55 195.98 31 098.36 $ 519.75 $ 5899.84 $ 970.58 1 808 707.87 51 732.27 6 975.00 103.3% 86.1% $ 1683521.76 15 57 035.65 32 134.97 $ 537.08 S 5 778.92 S 1 002.91 1 593 899.84 - 51 258.01 6 930.00 99.4% 82.8% $ 1871207.73 $ 67 035.85 32 134.97 $ 537.08 S 5 830.42 $ 1 002.91 1 805 902.84 . 51 842.32 8 975.00 100.0% 83.3% $ 1.883210.53 1$ 55195.98 31 098.36 Ii 519.75 1$ 5 889.84 970.56 1814113.38 - 51 907.96 6875.00 97.5% 86.1% $ 1 692.527.44 $1.068,219.54 $440,001.80 $13.246.20 $58.024.81 $5,707.34 $18,537,715.28 $ 14,109.72 $571,741.11 $88.928.00 84.8% 70.7% $20,005,755.89 Total Projected OTH WACOG TOIaI Reservation Total Commodl Cost Purchased 1 st 6 Months $941,385.45 $ 8.621,8~1.80 $8,583,287.28 1,172,792 $8.154 2nd 8 Months $52&.575.13 $ 9 915 893.45 $10 418.81 9&7,980 $10.788 TOTAL $1,487,980.61 $ 18,537,795.28 $20,005,755.19 2,140.772 $9.35 Propane Weighted Average Cost of Gas (WACOG) FY 2007-08 Jf i T"J4G)ff'l ~;- f1::3 =-- 5/13/2bo8 ComoanJ 'nYfce- I Gallons p:e I Propane I Shipping Total FYTD Cost 0' Tank Tank WACOG Date Sea-3 L&L ShJnnln.. Deliverad Cost Cost Cost- Gallons Inyento'" Inyentory Withdrawl I I I 09/30/07 $ 48,685.65 37,199 1.30879 10110107 Sea-3 14OO7-0n8 92222. 92380 I 19,835 I 1.46095 1 S 28,474.53 I $ 503.33 I $ 28,977.86 I 19,835.0 I $ n,663.51 57 .034 1.36171 10115107 Sea-3 4007-0796 92336. 92286 I 18963 I 1.46095 I $ 27222.71 1 $ 481.20 I S 27.703.91 I 38,798.0 I S 105,367.42 75.997 1.38647 10/31107 MONTHLY INVENTORY ADJUSTMENT 1 2801 0.80507 I $ 225.42 I $ - 1$ 225.42 I I s 105,592.84 78 277 1.38433 10/31/07 END OF MONTH $ 51,144.22 36,945 39,332 1.38433 11109/07 Sea-3 14007-0861 I 9,7441 1.65996 1 $ 15924.33 I $ 250.31 1 S 16174.64 48 542.0 I $ 67 318.86 46,689 1.44186 11/13/07 Sea-3 14007-0es9 I I 37 372 1 1.66011 I $ 61,075.94 I $ 965.87 I $ 62041.81 85,914.0 $ 129 380.67 84,061 1.53889 11/30/07 MONTHLY INVENTORY ADJUSTMENT I 3181 .1$ - 1$ _ t $ - I $ 129.360.67 84.379 1.53309 11130107 END OF MONTH S 70,732.21 46,137 38,242 1.53309 12/18107 Sea-3 /4007.1005 I I 49 342 I 1.88031 I $ 81 629.92 I $ 1,279.76 1 $ 82,909.88 I 135 258.0 I . 153,641.89 95,479 1.60917 12/31107 MONTHLY INVENTORY ADJUSTMENT I eso 0.950951 $ 817.92 1 $ - 1 $ 817.82 1 $ 154,459.71 96,339 1.60329 12/31/07 END OF MONTH $ 90,611.75 58,516 39,123 1.60329 01/24/08 Sea-3 14008-0072 1 I 398711 1.72267 I $ 67,312.56 I $ 1,027.31 1$ 68 339.87 / 174927.0 $ 158,951.62 96 187 1.65253 01/28108 Sea-3 ~-O088 1 10,000 I 1.72267 1 $ 16,967.70 1 $ 258.96 I $ 17 228.66 184 927.0 $ 17617828 106,187 1.65913 01/31108 MONTHLY INVENTORY ADJUSTMENT 1 945 1.62891 I $ 1,539.32 1 $ - I. 1.539.32 $ 1n 717.60 107,132 1.65887 01/31108 END OF MONTH $ 78,551.67 46,147 60,981 1.65887 02108108 Sea-3 14008-0108 . I 1 20107 I 1.62637 1 $ 32160.65 1 $ 520.es 1 $ 32,701.33 205,034.0 $ 109253.00 66,254 1.64900 02/12108 Sea-3 14008-0127 I I 19.140 1.82637 I $ 30 833.00 1 $ 495.85 I $ 31,128.85 224174.0 I $ 140.381.85 85 394 1.64393 02129/08 MONTHLY INVENTORY ADJUSTMENT -I 371 1.22577 r S 454.76 1 s _ Is 454.76 I $ 140 836.41 85,765 1.64212 02129/08 END OF MONTH $ 55,3n .21 33,723 52,042 1.64212 03112/08 8...3 14008-0208 1 1 48,316 1.64380 1$ 78125.52 1 $ 1.296.42 1 $ 79,421.94 272490.01 S 134 799.15 82 039 1.64311 03131/08 MONTHLY INVENTORY ADJUSTMENT l 296 1.82669 r s 540.70 I $ - I. 540.70 I S 135 339.85 62.335 1.643n 03/31/08 END OF MONTH S 53.473.60 32,531 48,804 1.64377 04109108 Sea-3 4008-0288 I 48,504 1.81382 1 S 78854.99 I S 1321.83 I S 7&:278.82 320 184.0 S 131750.12 81 035 1.62584 04/30108 MONTHLY INVENTORY ADJUSTMENT 243 2.20280 r s 535.28 I s - IS 535.28 S 132 285.40 81.278 1.62757 04130I08 END OF MONTH $ 41,210.00 25,320 55,958 1.62757 FYTD Totala 320 114 0.88171 214 327 t UllO.47 218851 Projections Delivered Delivered Cost of Projected NYMEX CGS Cost Gallons Inventory WACOG Apr-08 25,320 $ 41,210.00 1.63 May-08 1.77 1.89 40,000 $ 75,600.00 1.79 Jun-08 1.77 1.89 30,000 $ 56,700.00 1.82 Jul-08 1.77 1.89 30,000 $ 56,700.00 1.84 Aug-08 1.80 1.92 40,000 $ 76,800.00 1.86 Sep-08 1.80 1.92 40,000 $ 76,800.00 1.87 Oct-08 1.79 1.93 40,000 $ 77,000.00 1.88 Nov-08 1.79 1.93 50,000 $ 96,250.00 1.89 Dec-08 1.80 1.94 60,000 $116,100.00 1.89 CSW:05/15/2008 Applicable Annual Therm Range or Other Rate Determinant Monthly Customer Charge (For Central Pasco Territory) Non-Fuel Enerav CharaelTherm Non-Fuel Energy Charge Energy Conservation Adj. (ECA) Environmentallmpositlon Adj. (EIA) Weather Normalization Adj. (WNA) Total Non-Fuel Energy Charge Purchased Gas Adjustment (PGA) Total Energy ChargelTherm Minimum Monthly Bill (For Central Pasco Territory) Compares to LP/Gallon Rate of with 6.0% Franchiae CLEARWATER GAS SYSTEM NATURAL GAS RATE BILLING FACTORS FOR JUNE 1, 2008 - SEPTEMBER 30, 2008 BASED ON APPROVED GAS ADJUSTMENT FACTORS -B!... SMF MMF ...bME.. NA (1 - NA (4 + NA (4 + NA (4 + 3 Units) Units) Units) Units) $8.00 $20.00 $30.00 $75.00 ($12.00) ($30.00) ($50.00) ($125.00) FIrm Natural Gas Rate Schedules SGS MGS .JJ!L RAC GAC 0- 18,000- 100,000 17,999 99,999 & up $20.00 $30.00 $75.00 ($30.00) ($50.00) ($125.00) $0.580 $0.580 $0.580 $0.580 $0.470 $0.410 $0.350 0.070 0.070 0.070 0.070 0.070 0.070 0.070 0.000 0.000 0.000 0.000 0.000 0.000 0.000 ~ ~ ~ 0.030 0.030 0.030 0.030 $0.880 $0.680 $0.880 $0.880 $0.570 $0.510 $0.450 $1.990 $1.990 $1.990 $1.990 .1.11Q ~ .1.llQ 1.310 1.310 1.310 1.310 $1.880 $1.820 $1.780 $8.00 $20.00 $30.00 $75.00 ($12.00) ($30.00) ($50.00) ($125.00) $20.00 $30.00 $75.00 ($30.00) ($50.00) ($125.00) NA(1- NA(O- 3 Units) 149 tons) $8.00 ($12.00) if not prav. billed $0.200 $0.300 1.310 $1.810 $20.00 ($30.00) if not prevo billed $0.150 0.070 0.000 0.000 ~ J.!.... SL wIM& Relloht NA NA 0030 0.030 NA (150 tons & +) Interr. NG Rate ~~~ NA NA 100,000 Non-Resl. & up $30.00 $20.00 ($50.00). . ($30.00) if not prevo billed $20.00 $8 Res/$20 GS ($30.00) ($12 Res/$30 GS) if not prevo billed $0.100 $0.200 $0.300 0.070 0.070 0.070 0.070 $0.250 1.310 $1.580 0.000 0.000 0.000 0.030 0.030 0.030 $0.200 $0.300 $0.400 1.310 1.310 1..lli $1.510 $1.810 $1.710 $8.00 $20.00 @ $30.00 @ ($12.00) ($30.00) ($50.00) @ premiae @ premise @ premise $20.00 $20.00 $8 Rea/$20 GS ($30.00) ($30.00) ($12 Res/$30 GS) + FAC + FAC $0.089 $0.089 $0.089 $0.089 $0.089 $0.089 $0.069 $1.241 $1.241 $1.241 $1.241 $1.241 $1.241 $1.241 1.047 1.049 1.048 $ 1.821 $ 1.821 $ 1.821 $ 1.821 $ 1.720 $ 1.865 $ 1.810 $ 1.473 $ 1.427 $ 1.382 $ 1.473 $ 1.585 $ $ 1.930 $ 1.930 $ 1.930 $ 1.930 $ 1.823 $ 1.785 $ 1.707 $ 1.582 $ 1.513 $ 1.465 $ 1.562 $ 1.859 $ Change from 10/2004 Therm Rate $ 0.280 $ 0.280 $ 0.280 $ 0.280 $ 0.280 $ 0.280 $ 0.280 $ 0.280 $ 0.280 $ 0.280 $ 0.280 $ 0.280 $ % Change from 10/2004 Therm Rate 16.4% 18.4% 16.4% 18.4% 17.5% 18.2% 18.9% 21.1% 21.9% 22.8% 21.1% 19.8% Utility Tax Note: Fuel Rate per Therm 10101/1973 Non-Utility Taxable FuellTherm $0.069 $1.241 $0.089 $1.241 $0.069 $0.089 $0.069 $1.241 $1.241 $1.241 BTU FACTOR = THERMS/100 CUBIC FEET (CCA 10/2007 MQQZ 1212007 0112008 0212008 ~ 04/2008 0512008 0612008 07/2008 08/2008 09/2008 Firm Service Rates Interruptible Service Rates 1,053 1.053 1.049 1.048 1.033 1.033 1.029 1.027 1.027 1.028 1.027 1.049 1.028 1.049 1.029 $50.00 $150.00 ($75.00) ($250.00) $0.100 $0.470 $0.280 0.070 1.070 NA 0.000 0.000 NA ~ 0.030 0.030 $0.200 $0.570 $0.310 $1.510 .1.1!Q .1.1!Q 1.230 $1.880 $1.540 @ premise +FAC $50.00 $150.00 ($75.00) ($250.00) + FAC + Non-Fuel Therm Rate for 250 therms X # Days in Mo. 1.382 $ 1.720 $ 1.409 1.465 $ 1.823 $ 1.494 0.280 $ 0.280 $ 0.300 22.8% 17.5% 24.2% $0.069 $0.069 $0.055 $1.241 $1.241 $1.175 Attachment #4 Contract ~ ~ NA By Contract By Contract NA NA 0.030 Contract + $0.030 Plus 1.230 $1 .260 + Non-Fuel Customer Charge + Non-Fuel Therm Rate for Contract # of Therms $ 0.300 31.3% $0.069 $1.181 CSW05/15/2008 Attachment #5 Page 1 of2 BTU Factor: 2.714 Gallons/1oo cubic feet (CCF) CLEARWATER GAS SYSTEM BTU Factor. 2483 Therms/100 cubic feet (CCF) METERED PROPANE (LP) RATE BILLING FACTORS Therm Factor. 0.915 ThermslGallon FOR JUNE 1, 2008. SEPTEMBER 30, 2008 SAsED ON APPROVED GAS ADJUSTMENT FACTORS RESIDENTIAL MUL TI.fAMIL Y LOOP RESL. SMALLCOML. LARGE COML. VEM'CLE STANDBY/GENERATOR CONTRACT MTRD MRLP MMLP LRLP MGLP MLLP LPV. LPSM CLP I Applicable Annual Gallon Range NA NA NA o - 2,500 >2,501 NAJ NA NA or Other Rate Determinant (1 - 3 Units) (4 + Units) (1 - 3 Units) (Closed for Resl. Application) Monthly Customer Charge $8.00 $20.00 $8.00 $20.00 $30.00 $8.00 R4sI. or $50.00 Set By Contract $20.00 G~ not Non-Fuel Enerav Charaes/Gallon: prevo bil @ premisil Non-Fuel Energy Charge IGallon $1.600 $1.600 $0.800 $0.200 $0.150 $0.100 I $0.390 Set By Contract Energy Conservation Adj.lGallon 0.070 0.070 0.070 0.070 0.070 0.070. 0.070 NA Environm'llmposition Adj./Gallon 0.000 0.000 0.000 0.000 0.000 0.000 0.000 NA Weather Normalization Adj.lGallon QJW1. 2mQ 0.030 .Q.Jm 0.030 1 0.030 0.030 0.030 Total Non.fuel Charges/Gallon $1.700 $1.700 $0.900 $0.100 $0.250 \ $0.200 $0.490 By Contract + $0.030 , Purchased Gas Adjustment/Gallon ~ ~ z.w. 2..1M 2..1M \ 2.150 2.150 2.150 Total Energy Charges/Gallon $3.850 $3.850 $3.050 $2.450 $2.400 i2.350 $2.640 $2.180 ~ + Contract NFE , Any \pPlicable Customer Charge + Minimum Monthly Bill $8.00 $20.00 $8.00 $20.00 $30.00 $50.00 Non-Fuel Energy Chg. cus~mer C.... for the Contracted + A Applicable # of GallonslMo. Facility Charges Utilitv Tax Note: \ Fuel Rate perTherm 10/0111973 0.161 0.161 0.161 0.161 0.161 0.161 0.161 0.161 Non-Utility Taxable FuellTherm $1.989 $1.989 $1. 989 $1.989 $1.989 $1.989 $1.989 $1.989 Change from 10/2004 Gallon Rate $ 1.020 $ 1.020 $ 1.020 $ 1.020 $ Hl20 $ 1.020 $ 1.020 $ 1.050 % Change from 10/2004 Gallon Rate 36.0% 36.0% 50.2% 71.3% 7;i.9% 76.7% 63.0% 92.9% CSW:05115/2008 Attachment #5 Page 2 of2 BTU Factor: 2.714 Gallons/100 cubic feet (CCF) CLEARWATER GAS SYSTEM BTU Factor: 2.483 Therms/100 cubic feet (CCF) BULK PROPANE (LP) RATE BILLING FACTORS Therm Factor: 0.915 ThermslGallon FOR JUNE 1, 2008 - SEPTEMBER 30, 2008 BASED ON APPROVED 'GAS ADJUSTMENT FACTORS STANDARD RESIDENTIAL BULK LP SERVICE RESIDENTIAL "WILL CALL" COMMERCIAL "WILL CALL" BULK STANDBYI CONTRACT BULK (Rate Class is Based on Annual LP Gallon Usage Level) (Based on Annual Usage Level) (Based on Annual Usage Level) GENERATOR "WILL CALL" BRLP1 BRLP2 BRLP3 ~ WRLP1 WRLP2 BCLP1 ~ LPSB 9.f Applicable Annual Gallon Range 0-60 60.1 -120 120.1 - 390 > 300 0- 120 > 120 o - 2,500 > 2,500 (Closed for Resl Any Contract or Other Rate Determinant 1-3 UNITS 1-3 UNITS 1-3 UNITS 1-3 UNITS 1-3 UNITS 1-3 UNITS Customers in this Customers in this Application Customers Who Range of Usage Range of Usage Request Bulk Del. Annual Customer Charge $ 180.00 $ 144.00 $ 72.00 $ 60.00 $ 120.00 $ 60.00 $ 72.00 $ 72.00 $ 360.00 Set by contract Non-Fuel Enerav Charaes/Gallon: Non-Fuel Energy ChargelGallon $ 1.500 $ 1.300 $ 0.900 $ 0.800 $ 1.300 $ 0.800 $ 0.200 $ 0.150 $ 0.390 Set By Contract Energy Conservation Adj./Gallon 0.070 0.070 0.070 0.070 0.070 0.070 0.070 0.070 0.070 NA Envlronm'llmposltion Adj.IGallon NA Weather Normalllation AdJ.fGallon 0.030 0.030 0.030 0.030 0.030 0.030 0.030 0.030 0.030 0.030 Total Non-Fuel Charges/Gallon $ 1.600 $ 1.400 $ 1.000 $ 0.900 $ 1.400 $ 0.900 $ 0.300 $ 0.260 $ 0.490 Set By Contract + 0.030 Purchased Gas Adjustment/Gallon 2.150 2.150 2.150 2.150 2.150 2.150 2.150 2.150 2.150 ~ Total Energy Charges/Gallon $ 3.760 $ 3.660 $ 3.160 $ 3.060 $ 3.650 $ 3.060 $ 2.460 $ 2.400 $ 2.640 $ 2.180 + Contract NFE Note: No Monthly Minimum Bill Utllltv Tax Note: Fuel Rate per Therm 10101/1973 $ 0.161 $ 0.161 $ 0.161 $ 0.161 $ 0.161 $ 0.161 $ 0.161 $ 0.161 $ 0.161 $ 0.161 Non-Utility Taxable Fuel1Therm $ 1.989 $ 1.989 $ 1.989 $ 1.989 $ 1.989 $ 1.989 $ 1.989 $ 1.989 $ 1.989 $ 1.989 Change from 1012004 Gallon Rate $ 1.020 $ 1.020 $ 1.120 $ 1.120 $ 1.520 $ 1.120 $ 1.020 $ 1.020 $ 1.020 $ 1.050 % Change from 1012004 Gallon Rate 37.4% 40.3% 55.2% 58.0% 74.9% 58.0% 71.3% 73.9% 63.0% 92.9% CSW:05l1S12D08 I I I I I ~ I I I I I Attachment #6 Residential Rate History By Components Clearwater Gas System I I I I Totel Rate ComoonentslThem Contract LP Month NGMerm LPfnallon . ECA EJA It'mA ~A f...GA PGAlaallon Oct.04 $ 1.710 $ 2.030 $ 0.100 $ $ - $1.030 $ 0.960 $ 1.130 NOv-04 $ 1.710 $ 2.030 $ 0.100 $ - $ - $ 1.030 $ 0.960 $ 1.130 Dec-04 $ 1.750 $ 2.090 $ 0.100 $ - $ - $1.070 $ 1.000 $ 1.190 Jan.05 $ 1.750 $ 2.090 $ 0.100 $ - $ - $1.070 $ 1.000 $ 1.190 Feb-05 $ 1.830 $ 2.150 $ 0.130 $ - $ 0.010 $ 1.110 $ 1.040 $ 1.210 Mar-05 $ 1.860 $ 2.180 $ 0.130 $ 0.020 $ 0.020 $ 1.110 $ 1.040 $ 1.210 Aur-05 $ 1.860 $ 2.280 $ 0.130 $ 0.020 $ 0.020 $ 1.110 $ 1.040 $ 1.210 Mav-OS $ 1.790 $ 2.190 $ 0.130 $ 0.020 $ - $1.080 $ 0.990 $ 1.140 Jun-05 $ 1.790 $ 2.190 $ 0.130 $ 0.020 $ - $1.060 $ 0.990 $ 1.140 Jul-05 $ 1.790 $ 2.190 $ 0.130 $ 0.020 $ - $ 1.060 $ 0.990 $ 1.140 Aug-05 $ 1.820 $ 2.220 $ 0.140 $ 0.020 $ - $ 1.080 $ 1.010 $ 1.160 SeD-05 $ 1.970 $ 2.300 $ 0.140 $ 0.020 S - $ 1.230 $ 1.160 $ 1.240 FV 04105 Avg. I 1.803 S 2.1&2 $ 0.122 ,0.012 $ 0.004 $ 1.0" , 1.01& , 1.174 2004 Ava. I 1.&52 $ 1.968 I 0.123 $ . ! I - I 0.949 I 0.879 , 1.046 Ocl-05 $ 2.190 $ 2.530 S 0.120 $ 0.020 $ - $ 1.470 $ 1.390 $ 1.490 Nov-05 $ 2.190 $ 2.530 $ 0.120 $ 0.020 $ - $ 1.470 $ 1.390 $ 1.490 Dec-05 $ 2.260 $ 2.490 S 0.120 $ 0.020 $ - $ 1.540 $ 1.480 $ 1.450 Jan-06 S 2.260 $ 2.490 $ 0.120 $ 0.020 S - $ 1.540 $ 1.480 $ 1.450 Feb-06 S 2.220 $ 2.480 $ 0.160 $ 0.010 $ - $ 1.470 $ 1.390 $ 1.390 Mar-06 S 2.220 S 2.460 $ 0.160 $ 0.010 $ - $ 1.470 S 1.390 $ 1.390 Aur-06 $ 2.110 $ 2.320 $ 0.170 S 0.010 $ . $ 1.350 $ 1.270 $ 1.240 Mey-06 $ 1.960 S 2.360 $ 0.170 $ 0.010 $ - $ 1.200 $ 1.120 $ 1.280 Jun.06 $ 1.920 $ 2.420 $ 0.160 $ 0.010 $ - $1.150 $ 1.070 $ 1.330 JuI-06 $ 1.910 $ 2.500 S 0.200 $ 0.010 $ - $ 1.120 $ 1.040 $ 1.390 Aug-06 S 1.860 $ 2.600 $0.2OD $ 0.010 $ - S 1.070 $ 0.990 $ 1.490 ~6 S 1.860 $ 2.600 $ 0.2OD S 0.010 $ - $1.070 $ 0.990 $ 1.490 FV Ava. I 2.080 I 2A10 I 0.110 --,-0.013 II . 11.327 $ 1.247 I 1A07 200S Ava. I 1.925 . " 2.278 $ 0.127 I , 0.017 I I 0.004 I I 1.1.8 " 1.125 -, 1.256 Oc:l-06 $ 1.940 $ 2.600 $ 0.180 $ 0.010 $ - $ 1.170 $ 1.090 $ 1.510 Nov-06 $ 1.940 $ 2.600 $ 0.180 $0.010 $ - $ 1.170 $ 1.090 $ 1.510 Dee-06 $ 1.940 $ 2.600 $ 0.180 $ 0.010 $ - $ 1.170 $ 1.090 $ 1.510 Jen-07 $ 1.940 $ 2.600 $ 0.180 $ 0.010 $ - $ 1.170 $ 1.090 $ 1.510 Feb-07 $ 1.940 $ 2.600 $ 0.180 $ 0.010 $ - $ 1.170 $ 1.090 $ 1.510 Mar-07 $ 1.940 $ 2.600 $ 0.180 $ 0.010 $ - $ 1.170 $ 1.090 $ 1.510 ADr-07 $ 1.940 $ 2.600 $ 0.180 $ - $ 0.030 $1.150 $ 1.070 $ 1.490 Mev-07 $ 1.940 $ 2.740 $ 0.160 $ - $ 0.030 $1.150 $ 1.070 $ 1.630 Jun-07 $ 1.920 $ 2.990 $ 0.160 $ - $ 0.030 $ 1.130 $ 1.050 $ 1.880 Jul-07 $ - 1.840 $ 2.990 $ 0.160 $ - $ - $ 1.060 $ 1.000 $ 1.910 Aug-07 $ 1.840 $ 2.990 $ 0.180 $ - $ . $ 1.060 $ 1.000 $ 1.910 SeD-07 $ 1.890 $ 2.990 $ 0.160 S - $ - $ 1.130 $ 1.050 . 1.910 FV 06107 Avg. $ 1.918 $ 2.742 I 0.180 $ 0.005 1'.008 11.146 $ 1.065 $ 1.&48 2006 ~. I 2.012 $ 2.501 , 0.17& I " 0.011 1$ - I , 1.248 I:t' 1.186 . 10415 Oc:l-07 $ 1.840 $ 2.990 $ 0.160 $ - 1$ - $ 1.080 $ 1.000 $ 1.910 Nov-07 $ 1.840 $ 3.170 $ 0.180 $ - $ - $ 1.080 S 1.000 . 2.090 Dec-07 $ 1.840 $ 3.170 $ 0.160 S - S - $ 1.060 $ 1.000 $ 2.090 Jan..08 $ 1.840 $ 3.170 $ 0.180 $ - $ - $ 1.080 $ 1.000 $ 2.011O Feb-08 $ 1.840 $ 3.170 $ 0.180 $ - $ - $ 1.060 $ 1.000 $ 2.011O Mar-08 $ 1.810 $ 3.120 $ 0.150 $ - $ 0.030 $ 1.050 $ 0.970 $ 2.040 ADr-08 $ 1.810 $ 3.120 $ 0.150 $ - $ 0.030 $ 1.050 $ 0.970 $ 2.040 Mav-08 $ 1.880 $ 3.120 $ 0.090 $ - S 0.030 $ 1.180 S 1.100 $ 2.100 Jun-08 $ 1.990 $ 3.150 $ 0.070 $ - $ 0.030 $1.310 $ 1.230 $ 2.150 Jul-08 Aua-08 Sea-08 FV G7/oa Avg. I 1.854 $ 3.131 10.1111 --'- . 1..013 $ 1.110 I 1.030 --,-.0', . 2.1167 2007 A\I!II. I 1.893 $ 2.869 $ 0.110 , 0.003 $ ..008 S 1.123 " 1.043 $ 1.77' Incr. Above $ 0.070 $ 0.160 $10.110 $ . $ . $ 0.180 $ 0.180 $ 0.270 Last V_ Same Month 4% 11% -61% NA 0% 16% 17% 14% Incr. Based $ 1.40 $ 3.60 on 20 Therms 3% 6% Equivalltnt CentsIKWH &.8 11.7 for Gas vs. FPC Rate 11.7 11.7 Note: This is Plaarese :neruYs residential rate in 112008 for usage >1.000 KWH. (ResldMltlall Gas Cheaper ~ -42% 0% Note: Added $1 per month to Monthly Customer Cnarge for IIIG & LP effective 41112005 I I I I I I I I I I Notes: I J I I I . Based on Bulk LP IBRLP3 which is aDDlicable for customen uslno 120.1 - 300 . & equal 10 Residential LP Will Call IBRWCl.Pl.