Economic Analysis PDF

Privileged and Confidential
Commercially Sensitive Material

April 2015
Line
1
2
3
Load Forecast (Net of SEPA)

Average Monthly CP Billing Demand
Billing Energy
Average Monthly Load Factor
4
5
6
7
AR Rate Structure (Status Quo)

1st Demand Block Rate (Allocated Demand)
2nd Demand Block Rate (Allocated Demand)
Additional Demand Block Rate
Energy Rate
Total NCEMPA: All Participants

Projected Wholesale Rate Impacts of Sale of NCEMPA Generating Assets
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
1,060,637
3,694,657
80%
1,066,307
7,452,464
80%
1,073,161
7,479,539
80%
1,078,114
7,520,101
80%
1,083,900
7,562,879
80%
1,088,538
7,614,147
80%
1,095,233
7,636,324
80%
1,100,099
7,674,661
80%
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
494,727
47%
494,727
46%
494,727
46%
494,727
46%
494,727
46%
494,727
45%
494,727
45%
494,727
45%
708,555 $
9.51
3.2%
735,076 $
9.83
3.4%
762,980 $
10.15
3.2%
792,208 $
10.47
3.2%
862,168 $
11.32
8.1%
863,970 $
11.31
(0.1%)
866,798
11.29
(0.2%)
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
8
9
Allocated Demand
Allocated Demand Percent of Avg Monthly CP
10
11
12
AR Revenues
Average AR Charges (Status Quo)
Percentage Increase (Decrease) over Prior Year
$000
/kWh
%
13
14
15
FR Rate Structure (After Sale)

Demand Rate
Energy Rate
Power Agency Services Charge (per unit Energy)
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
Average FR Charges (Excluding Debt Service)
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
280,037
7.58
579,718 $
7.78
2.6%
601,704 $
8.04
3.4%
623,569 $
8.29
3.1%
641,082 $
8.48
2.2%
650,695 $
8.55
0.8%
676,087 $
8.85
3.6%
708,148
9.23
4.2%
$000
%
(60,317) $
(18%)
(128,836) $
(18%)
(133,372) $
(18%)
(139,411) $
(18%)
(151,126) $
(19%)
(211,473) $
(25%)
(187,883) $
(22%)
(158,650)
(18%)
18
19
20
21
Allocation of Defeasance Debt Service

Total NCEMPA Debt Service
Debt Service Responsibility
Allocated Debt Service
Debt Service Charge (per unit Energy)
22
23
24
Total FR Charges (Including Debt Service)

Average FR Charges (Including Debt Service)
25
26
Comparison
FR Charges - Higher / (Lower) than AR Charges
27 Present Value Discount Rate
GDS Associates, Inc.
kW
%
$
340,354
9.21
$19.29
3.27
0.21
251,537
6.81
522,718
7.01
544,704
7.28
566,569
7.53
584,082
7.72
593,695
7.80
619,087
8.11
$23.37
4.30
0.16
$
651,148
8.48
28,500 $
57,000 $
57,000 $
57,000 $
57,000 $
57,000 $
57,000 $
57,000
100.0000%
100.0000%
100.0000%
100.0000%
100.0000%
100.0000%
100.0000%
100.0000%
$
28,500 $
57,000 $
57,000 $
57,000 $
57,000 $
57,000 $
57,000 $
57,000
0.77
0.76
0.76
0.76
0.75
0.75
0.75
0.74
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate

Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
1,105,800
7,717,852
80%
1,111,777
7,782,790
80%
1,119,156
7,819,246
80%
1,125,040
7,871,520
80%
1,131,087
7,923,288
80%
1,136,096
7,989,377
80%
1,144,161
8,026,628
80%
1,149,586
8,082,031
80%
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
494,727
45%
494,727
44%
494,727
44%
494,727
44%
494,727
44%
494,727
44%
494,727
43%
494,727
43%
870,046 $
11.27
(0.2%)
787,281 $
10.12
(10.3%)
790,151 $
10.11
(0.1%)
730,278 $
9.28
(8.2%)
753,725 $
9.51
2.5%
778,549 $
9.74
2.4%
802,801 $
10.00
2.6%
827,994
10.24
2.4%
$23.75
4.47
0.17
$27.26
4.46
0.17
$28.90
4.66
0.17
$32.25
4.60
0.18
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
730,030 $
9.46
2.5%
780,692 $
10.03
6.0%
794,928 $
10.17
1.3%
811,336 $
10.31
1.4%
848,360 $
10.71
3.9%
869,108 $
10.88
1.6%
894,645 $
11.15
2.5%
963,172
11.92
6.9%
$000
%
(140,016) $
(16%)
(6,589) $
(1%)
4,777 $
1%
81,058 $
11%
94,635 $
13%
90,559 $
12%
91,843 $
11%
135,178
16%
18
19
20
21

22
23
24

25
26
Comparison
kW
%
$
673,030
8.72
723,692
9.30
766,428
9.80
811,336
10.31
848,360
10.71
869,108
10.88
894,645
11.15
$33.68
5.97
0.19
$
963,172
11.92
57,000 $
57,000 $
28,500
100.0000%
100.0000%
100.0000%
$
57,000 $
57,000 $
28,500
0.74
0.73
0.36
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate

Units
2031
2032
2033
2034
2035
kW
MWh
%
1,154,060
8,131,616
80%
1,157,161
8,189,475
81%
1,160,955
8,207,365
81%
1,163,644
8,237,658
81%
1,166,391
8,268,237
81%
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
494,727
43%
494,727
43%
494,727
43%
494,727
43%
494,727
42%
854,226 $
10.50
2.5%
881,604 $
10.77
2.5%
907,297 $
11.05
2.7%
980,349 $ 1,059,300
11.90
12.81
7.7%
7.7%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
kW
%
$
996,248
12.25
$ 1,029,555
12.57
$ 1,071,174
13.05
$35.51
7.20
0.22
$ 1,106,841
13.44
Cumulative Present Value

2015-2025
2026-2035
2015-2035
6,510,455 $ 4,003,480 $ 10,513,935
4,995,834
451,142
5,446,976
$33.78
8.39
0.22
$ 1,185,047
14.33
$000
%
$000
/kWh
$000
/kWh
%
996,248 $ 1,029,555 $ 1,071,174 $ 1,106,841 $ 1,185,047

12.25
12.57
13.05
13.44
14.33
2.8%
2.6%
3.8%
2.9%
6.7%
$000
%
142,022 $
17%
$ (1,063,479) $
(16%)
147,950 $
17%
163,877 $
18%
126,492 $
13%
125,747
12%
4,558,161
4,558,161
9,553,995
451,142
$ 10,005,138
554,682 $
14%
(508,797)
(5%)
5%
April 2015

Projected Charges: NCEMPA AR (Before Sale) vs Average FR (After Sale)
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
Higher (Lower) Initial Rate Reduction - $Millions

(Annualized 2015):
$(120.6) or (18%)
6
5
4
3
2
1
0
2015
CPV Higher (Lower) than Base Case - $Millions

2015-25 (10.5 Years) $(1,063.5) - (16%)
2026-35 (10 Years)
$554.7 - 14%
2015-35 (20.5 Years)
$(508.8) - (5%)
Average AR Charges
(Status Quo)
Average FR Charges
(Excl. Defeasance Debt Service)
Average FR Charges
(Incl. Defeasance Debt Service)
2017
2019
2021
Current Annual Debt Responsibility
$260.00 Million
Defeasance Annual Debt Responsibility $57.00 Million
2023
2025
2027
2029
2031
2033
2035
April 2015

Comparison of Projected NCEMPA AR vs FR Average Rate
Charges and DEP Wholesale (Competitive Measure)
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
Average FR Charges (Including Defeasance Debt Service)
3
DEP Wholesale at City Specific Load Factor (without use of QG)*
* Average CP demands increased by the estimated load met by Qualified Generation

(at approximately 60% of noticed nameplate ratings of the QG).
1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

Projected FR Rate (Including Defeasance Debt Service)
Higher/Lower than the NCEMPA AR Charges
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
Cumulative Present Value (2015-2035)
-30%
$508.8 Million Lower Charges
5% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Apex
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
52,606
147,439
64%
54,042
303,688
64%
55,657
312,028
64%
57,112
320,150
64%
58,575
328,309
64%
59,887
336,433
64%
61,483
344,513
64%
62,943
352,657
64%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
5,550
11%
5,550
10%
5,550
10%
5,550
10%
5,550
9%
5,550
9%
5,550
9%
5,550
9%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
11,726
7.95
$19.29
3.27
0.21
11,228
7.62
25,576 $
8.42
5.9%
$20.04
3.40
0.18
$
28,500 $
1.1218%
320 $
0.22
23,848
7.85
27,796 $
8.91
5.8%
$20.51
3.61
0.14
$
25,403
8.14
30,072 $
9.39
5.4%
$20.80
3.80
0.15
$
26,920
8.41
31,268 $
9.52
1.4%
$21.09
3.94
0.15
$
28,272
8.61
32,797 $
9.75
2.4%
$21.22
4.00
0.16
$
29,234
8.69
34,045 $
9.88
1.4%
$22.02
4.16
0.16
$
31,120
9.03
35,650
10.11
2.3%
$23.37
4.30
0.16
$
33,396
9.47
57,000 $
1.1218%
639 $
0.21
57,000 $
1.1218%
639 $
0.20
57,000 $
1.1218%
639 $
0.20
57,000 $
1.1218%
639 $
0.19
57,000 $
1.1218%
639 $
0.19
57,000 $
1.1218%
639 $
0.19
57,000
1.1218%
639
0.18
24,487 $
8.06
3.0%
26,043 $
8.35
3.5%
27,559 $
8.61
3.1%
28,911 $
8.81
2.3%
29,874 $
8.88
0.8%
31,759 $
9.22
3.8%
34,035
9.65
4.7%
(179) $
(2%)
(1,089) $
(4%)
(1,753) $
(6%)
(2,513) $
(8%)
(2,357) $
(8%)
(2,923) $
(9%)
(2,286) $
(7%)
(1,615)
(5%)
11,547
7.83
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Apex
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
64,423
360,916
64%
65,759
369,285
64%
67,424
377,686
64%
68,938
386,161
64%
70,457
394,658
64%
71,808
403,218
64%
73,521
411,815
64%
75,077
420,537
64%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
5,550
9%
5,550
8%
5,550
8%
5,550
8%
5,550
8%
5,550
8%
5,550
8%
5,550
7%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
36,679 $
10.16
0.5%
$23.75
4.47
0.17
35,097
9.72
38,822 $
10.51
3.4%
$27.26
4.46
0.17
$
38,593
10.45
40,877 $
10.82
3.0%
$28.90
4.66
0.17
$
41,656
11.03
43,473 $
11.26
4.0%
$32.25
4.60
0.18
$
45,123
11.68
46,192 $
11.70
4.0%
$33.59
4.77
0.18
$
47,948
12.15
47,971 $
11.90
1.6%
$33.50
4.98
0.19
$
49,679
12.32
50,154 $
12.18
2.4%
$33.55
5.22
0.19
$
51,866
12.59
54,185
12.88
5.8%
$33.68
5.97
0.19
$
56,284
13.38
57,000 $
1.1218%
639 $
0.18
57,000 $
1.1218%
639 $
0.17
35,736 $
9.90
2.6%
39,232 $
10.62
7.3%
41,975 $
11.11
4.6%
45,123 $
11.68
5.1%
47,948 $
12.15
4.0%
49,679 $
12.32
1.4%
51,866 $
12.59
2.2%
56,284
13.38
6.3%
(942) $
(3%)
410 $
1%
1,099 $
3%
1,649 $
4%
1,756 $
4%
1,709 $
4%
1,712 $
3%
2,099
4%
28,500
1.1218%
320
0.08
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Apex
Units
2031
2032
2033
2034
2035
kW
MWh
%
76,631
429,246
64%
77,981
437,899
64%
79,699
446,417
64%
81,216
454,896
64%
82,762
463,536
64%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
5,550
7%
5,550
7%
5,550
7%
5,550
7%
5,550
7%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
56,914 $
13.26
2.9%
$34.30
6.21
0.20
$
59,055
13.76
59,600 $
13.61
2.7%
$34.74
6.48
0.20
$
61,767
14.11
62,876 $
14.08
3.5%
$35.15
6.87
0.21
$
65,246
14.62
66,438 $
14.61
3.7%
$35.51
7.20
0.22
$
68,347
15.02
71,331
15.39
5.4%

2015-2025
2026-2035
2015-2035
264,381 $
259,352 $
523,734
$33.78
8.39
0.22
$
73,478
15.85
$000
%
$000
/kWh
247,561
5,061
$000
/kWh
%
59,055 $
13.76
2.8%
61,767 $
14.11
2.5%
65,246 $
14.62
3.6%
68,347 $
15.02
2.8%
73,478
15.85
5.5%
252,622
$000
%
2,142 $
4%
2,167 $
4%
2,370 $
4%
1,909 $
3%
2,147
3%
(11,759) $
(4%)
268,551
268,551
516,112
5,061
521,173
9,198 $
4%
(2,561)
(0.5%)
5%
April 2015
Participant: Apex
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

$(0.4) or (2%)
(Annualized 2015):
6
5
4
3
2
1
0
2015

2015-25 (10.5 Years) $(11.8) (4%)
4%
2026-35 (10 Years)
$9.2 2015-35 (20.5 Years)
$(2.6) - (0.5%)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$1.83 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
Participant: Apex
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
Participant: Apex
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
0.5% Lower Charges

-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Ayden
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
18,108
55,806
70%
18,128
111,885
70%
18,182
111,778
70%
18,222
111,887
70%
18,270
112,040
70%
18,295
112,331
70%
18,355
112,255
70%
18,401
112,392
70%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
7,098
39%
7,098
39%
7,098
39%
7,098
39%
7,098
39%
7,098
39%
7,098
39%
7,098
39%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
4,041
7.24
$000
%
$000
/kWh
28,500 $
1.4347%
409 $
0.73
$000
/kWh
%
4,450
7.97
$000
%
18
19
20
21

22
23
24

25
26
Comparison
5,187
9.29
$19.29
3.27
0.21
10,817 $
9.67
4.0%
$20.04
3.40
0.18
$
8,357
7.47
11,248 $
10.06
4.1%
$20.51
3.61
0.14
$
8,668
7.75
11,700 $
10.46
3.9%
$20.80
3.80
0.15
$
8,974
8.02
12,100 $
10.80
3.3%
$21.09
3.94
0.15
$
9,213
8.22
13,078 $
11.64
7.8%
$21.22
4.00
0.16
$
9,328
8.30
13,104 $
11.67
0.3%
$22.02
4.16
0.16
$
9,697
8.64
13,163
11.71
0.3%
$23.37
4.30
0.16
$
10,178
9.06
57,000 $
1.4347%
818 $
0.73
57,000 $
1.4347%
818 $
0.73
57,000 $
1.4347%
818 $
0.73
57,000 $
1.4347%
818 $
0.73
57,000 $
1.4347%
818 $
0.73
57,000 $
1.4347%
818 $
0.73
57,000
1.4347%
818
0.73
9,175 $
8.20
2.8%
9,486 $
8.49
3.5%
9,792 $
8.75
3.1%
10,031 $
8.95
2.3%
10,146 $
9.03
0.9%
10,514 $
9.37
3.7%
10,996
9.78
4.5%
(737) $
(14%)
(1,642) $
(15%)
(1,762) $
(16%)
(1,908) $
(16%)
(2,070) $
(17%)
(2,933) $
(22%)
(2,589) $
(20%)
(2,167)
(16%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Ayden
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
18,460
112,611
70%
18,512
113,090
70%
18,601
113,222
69%
18,674
113,543
69%
18,747
113,875
69%
18,813
114,456
69%
18,915
114,679
69%
19,008
115,147
69%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
7,098
38%
7,098
38%
7,098
38%
7,098
38%
7,098
38%
7,098
38%
7,098
38%
7,098
37%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
13,197 $
11.72
0.1%
$23.75
4.47
0.17
10,483
9.31
12,093 $
10.69
(8.8%)
$27.26
4.46
0.17
$
11,287
9.98
12,164 $
10.74
0.5%
$28.90
4.66
0.17
$
11,929
10.54
11,389 $
10.03
(6.6%)
$32.25
4.60
0.18
$
12,650
11.14
11,744 $
10.31
2.8%
$33.59
4.77
0.18
$
13,197
11.59
12,077 $
10.55
2.3%
$33.50
4.98
0.19
$
13,471
11.77
12,404 $
10.82
2.5%
$33.55
5.22
0.19
$
13,816
12.05
12,750
11.07
2.4%
$33.68
5.97
0.19
$
14,785
12.84
57,000 $
1.4347%
818 $
0.73
57,000 $
1.4347%
818 $
0.72
11,301 $
10.04
2.6%
12,104 $
10.70
6.7%
12,338 $
10.90
1.8%
12,650 $
11.14
2.2%
13,197 $
11.59
4.0%
13,471 $
11.77
1.6%
13,816 $
12.05
2.4%
14,785
12.84
6.6%
(1,897) $
(14%)
11 $
0%
174 $
1%
1,261 $
11%
1,453 $
12%
1,394 $
12%
1,412 $
11%
2,035
16%
28,500
1.4347%
409
0.36
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Ayden
Units
2031
2032
2033
2034
2035
kW
MWh
%
19,089
115,539
69%
19,139
116,037
69%
19,204
116,020
69%
19,247
116,167
69%
19,290
116,315
69%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
7,098
37%
7,098
37%
7,098
37%
7,098
37%
7,098
37%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
13,131 $
11.37
2.6%
$34.30
6.21
0.20
$
15,263
13.21
13,516 $
11.65
2.5%
$34.74
6.48
0.20
$
15,732
13.56
13,874 $
11.96
2.7%
$35.15
6.87
0.21
$
16,320
14.07
14,909 $
12.83
7.3%
$35.51
7.20
0.22
$
16,818
14.48
15,944
13.71
6.8%

2015-2025
2026-2035
2015-2035
99,329 $
61,587 $
160,916
$33.78
8.39
0.22
$
17,839
15.34
$000
%
$000
/kWh
78,666
69,994
148,660
6,473
6,473
85,139
69,994
155,133
$000
/kWh
%
15,263 $
13.21
2.9%
15,732 $
13.56
2.6%
16,320 $
14.07
3.8%
16,818 $
14.48
2.9%
17,839
15.34
5.9%
$000
%
2,132 $
16%
2,216 $
16%
2,447 $
18%
1,909 $
13%
1,895
12%
(14,191) $
(14%)
8,408 $
14%
(5,783)
(4%)
5%
April 2015
Participant: Ayden
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

$(1.5) or (14%)
(Annualized 2015):
6
5
4
3
2
1
0
2015

2015-25 (10.5 Years) $(14.2) - (14%)
14%
2026-35 (10 Years)
$8.4 2015-35 (20.5 Years)
$(5.8) (4%)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$2.95 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
Participant: Ayden
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
Participant: Ayden
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
4% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Belhaven
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
3,099
10,493
77%
3,106
21,089
78%
3,114
21,087
77%
3,123
21,145
77%
3,132
21,210
77%
3,139
21,313
78%
3,148
21,313
77%
3,156
21,370
77%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
1,718
55%
1,718
55%
1,718
55%
1,718
55%
1,718
55%
1,718
55%
1,718
55%
1,718
54%
2,090 $
9.91
3.1%
2,157 $
10.23
3.2%
2,230 $
10.55
3.1%
2,323 $
10.95
3.8%
2,559 $
12.01
9.6%
2,551 $
11.97
(0.3%)
2,544
11.91
(0.5%)
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$23.37
4.30
0.16
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
724
6.90
$000
%
$000
/kWh
28,500 $
0.3473%
99 $
0.94
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
1,009
9.62
$19.29
3.27
0.21
1,500
7.11
1,557
7.39
1,616
7.64
1,661
7.83
1,685
7.91
1,752
8.22
1,839
8.61
57,000 $
0.3473%
198 $
0.94
57,000 $
0.3473%
198 $
0.94
57,000 $
0.3473%
198 $
0.94
57,000 $
0.3473%
198 $
0.93
57,000 $
0.3473%
198 $
0.93
57,000 $
0.3473%
198 $
0.93
57,000
0.3473%
198
0.93
1,698 $
8.05
2.6%
1,755 $
8.32
3.4%
1,814 $
8.58
3.0%
1,859 $
8.77
2.2%
1,883 $
8.84
0.8%
1,950 $
9.15
3.5%
2,037
9.53
4.2%
(186) $
(18%)
(392) $
(19%)
(402) $
(19%)
(416) $
(19%)
(463) $
(20%)
(675) $
(26%)
(601) $
(24%)
(507)
(20%)
823
7.85
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
3,167
21,443
77%
3,179
21,583
78%
3,193
21,622
77%
3,206
21,714
77%
3,220
21,810
77%
3,234
21,969
78%
3,250
22,024
77%
3,267
22,141
77%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
1,718
54%
1,718
54%
1,718
54%
1,718
54%
1,718
53%
1,718
53%
1,718
53%
1,718
53%
2,017 $
9.25
2.2%
2,087 $
9.50
2.7%
2,148 $
9.75
2.6%
2,182
9.86
1.1%
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
$33.68
5.97
0.19
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
1,897
8.85
$000
%
$000
/kWh
57,000 $
0.3473%
198 $
0.92
57,000 $
0.3473%
198 $
0.92
$000
/kWh
%
2,095 $
9.77
2.5%
2,236 $
10.36
6.1%
2,252 $
10.42
0.5%
2,278 $
10.49
0.7%
2,378 $
10.90
3.9%
2,434 $
11.08
1.6%
2,499 $
11.35
2.4%
2,686
12.13
6.9%
$000
%
(451) $
(18%)
14 $
1%
43 $
2%
313 $
16%
361 $
18%
347 $
17%
351 $
16%
504
23%
18
19
20
21

22
23
24

25
26
Comparison
2,546 $
11.87
(0.3%)
$23.75
4.47
0.17
2,222 $
10.30
(13.3%)
$27.26
4.46
0.17
$
2,038
9.44
2,210 $
10.22
(0.7%)
$28.90
4.66
0.17
$
2,153
9.96
1,965 $
9.05
(11.4%)
$32.25
4.60
0.18
$
2,278
10.49
2,378
10.90
2,434
11.08
2,499
11.35
2,686
12.13
28,500
0.3473%
99
0.46
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
3,282
22,242
77%
3,292
22,377
78%
3,301
22,374
77%
3,308
22,422
77%
3,315
22,470
77%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
1,718
52%
1,718
52%
1,718
52%
1,718
52%
1,718
52%
2,248 $
10.11
2.5%
2,318 $
10.36
2.5%
2,372 $
10.60
2.4%
2,597 $
11.58
9.2%
2,810
12.51
8.0%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$35.51
7.20
0.22
$33.78
8.39
0.22
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
2,776
12.48
2,868
12.81
2,977
13.31
3,073
13.70
3,279
14.59
$000
%
$000
/kWh

2015-2025
2026-2035
2015-2035
19,022 $
10,628 $
29,650
14,183
12,714
26,897
1,567
1,567
12,714
28,464
$000
/kWh
%
2,776 $
12.48
2.9%
2,868 $
12.81
2.7%
2,977 $
13.31
3.8%
3,073 $
13.70
3.0%
3,279
14.59
6.5%
15,750
$000
%
528 $
24%
550 $
24%
605 $
26%
476 $
18%
469
17%
(3,272) $
(17%)
2,086 $
20%
(1,186)
(4%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

$(0.4) or (18%)
(Annualized 2015):
6
5
4
3
2
1
0
2015

$(3.3) - (17%)
2015-25 (10.5 Years)
20%
2026-35 (10 Years)
$2.1 2015-35 (20.5 Years)
$(1.2) (4%)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$1.06 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
4% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Benson
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
5,917
18,287
71%
5,924
36,678
71%
5,930
36,606
70%
5,935
36,619
70%
5,940
36,639
70%
5,944
36,709
70%
5,950
36,627
70%
5,957
36,641
70%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
3,219
54%
3,219
54%
3,219
54%
3,219
54%
3,219
54%
3,219
54%
3,219
54%
3,219
54%
3,801 $
10.36
3.3%
3,924 $
10.72
3.4%
4,057 $
11.08
3.3%
4,223 $
11.53
4.0%
4,657 $
12.69
10.1%
4,637 $
12.66
(0.2%)
4,618
12.60
(0.5%)
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$23.37
4.30
0.16
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
1,322
7.23
$000
%
$000
/kWh
28,500 $
0.6507%
185 $
1.01
$000
/kWh
%
1,508
8.24
$000
%
18
19
20
21

22
23
24

25
26
Comparison
1,834
10.03
$19.29
3.27
0.21
2,735
7.46
2,833
7.74
2,930
8.00
3,004
8.20
3,040
8.28
3,154
8.61
3,306
9.02
57,000 $
0.6507%
371 $
1.01
57,000 $
0.6507%
371 $
1.01
57,000 $
0.6507%
371 $
1.01
57,000 $
0.6507%
371 $
1.01
57,000 $
0.6507%
371 $
1.01
57,000 $
0.6507%
371 $
1.01
57,000
0.6507%
371
1.01
3,106 $
8.47
2.7%
3,203 $
8.75
3.3%
3,301 $
9.01
3.0%
3,375 $
9.21
2.2%
3,411 $
9.29
0.9%
3,525 $
9.62
3.6%
3,677
10.04
4.3%
(326) $
(18%)
(695) $
(18%)
(721) $
(18%)
(756) $
(19%)
(848) $
(20%)
(1,247) $
(27%)
(1,113) $
(24%)
(941)
(20%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Benson
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
5,966
36,689
70%
5,977
36,843
70%
5,990
36,857
70%
6,003
36,953
70%
6,016
37,055
70%
6,030
37,259
71%
6,047
37,315
70%
6,064
37,472
71%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
3,219
54%
3,219
54%
3,219
54%
3,219
54%
3,219
54%
3,219
53%
3,219
53%
3,219
53%
3,587 $
9.68
2.1%
3,700 $
9.93
2.6%
3,796 $
10.17
2.4%
3,818
10.19
0.2%
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
$33.68
5.97
0.19
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
3,402
9.27
$000
%
$000
/kWh
57,000 $
0.6507%
371 $
1.01
57,000 $
0.6507%
371 $
1.01
$000
/kWh
%
3,772 $
10.28
2.5%
4,030 $
10.94
6.4%
4,046 $
10.98
0.4%
4,088 $
11.06
0.8%
4,260 $
11.50
3.9%
4,347 $
11.67
1.5%
4,452 $
11.93
2.3%
4,762
12.71
6.5%
$000
%
(842) $
(18%)
30 $
1%
75 $
2%
584 $
17%
673 $
19%
647 $
17%
656 $
17%
944
25%
18
19
20
21

22
23
24

25
26
Comparison
4,615 $
12.58
(0.2%)
$23.75
4.47
0.17
4,000 $
10.86
(13.7%)
$27.26
4.46
0.17
$
3,659
9.93
3,971 $
10.77
(0.8%)
$28.90
4.66
0.17
$
3,861
10.47
3,504 $
9.48
(12.0%)
$32.25
4.60
0.18
$
4,088
11.06
4,260
11.50
4,347
11.67
4,452
11.93
4,762
12.71
28,500
0.6507%
185
0.50
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Benson
Units
2031
2032
2033
2034
2035
kW
MWh
%
6,078
37,595
71%
6,087
37,757
71%
6,092
37,707
71%
6,099
37,727
71%
6,107
37,746
71%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
3,219
53%
3,219
53%
3,219
53%
3,219
53%
3,219
53%
3,922 $
10.43
2.4%
4,030 $
10.67
2.3%
4,107 $
10.89
2.0%
4,505 $
11.94
9.6%
4,851
12.85
7.6%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$35.51
7.20
0.22
$33.78
8.39
0.22
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
4,911
13.06
5,060
13.40
5,241
13.90
5,397
14.31
5,727
15.17
$000
%
$000
/kWh

2015-2025
2026-2035
2015-2035
34,523 $
18,635 $
53,158
25,615
22,537
48,152
2,936
2,936
22,537
51,087
$000
/kWh
%
4,911 $
13.06
2.8%
5,060 $
13.40
2.6%
5,241 $
13.90
3.7%
5,397 $
14.31
2.9%
5,727
15.17
6.1%
28,550
$000
%
989 $
25%
1,030 $
26%
1,134 $
28%
892 $
20%
876
18%
(5,972) $
(17%)
3,902 $
21%
(2,071)
(4%)
5%
April 2015
Participant: Benson
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

$(0.7) or (18%)
(Annualized 2015):
6
5
4
3
2
1
0
2015

$(6.0) - (17%)
2015-25 (10.5 Years)
21%
2026-35 (10 Years)
$3.9 2015-35 (20.5 Years)
$(2.1) (4%)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$1.50 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
Participant: Benson
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
Participant: Benson
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
4% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Clayton
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
18,094
51,506
65%
18,327
105,028
65%
18,556
106,653
66%
18,761
108,276
66%
18,968
109,907
66%
19,151
111,587
67%
19,367
113,060
67%
19,574
114,654
67%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
5,214
29%
5,214
28%
5,214
28%
5,214
28%
5,214
27%
5,214
27%
5,214
27%
5,214
27%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
3,889
7.55
$000
%
$000
/kWh
28,500 $
1.0539%
300 $
0.58
$000
/kWh
%
4,190
8.13
$000
%
18
19
20
21

22
23
24

25
26
Comparison
4,638
9.00
$19.29
3.27
0.21
9,865 $
9.39
4.3%
$20.04
3.40
0.18
$
8,160
7.77
10,447 $
9.80
4.3%
$20.51
3.61
0.14
$
8,568
8.03
11,045 $
10.20
4.1%
$20.80
3.80
0.15
$
8,966
8.28
11,472 $
10.44
2.3%
$21.09
3.94
0.15
$
9,302
8.46
12,309 $
11.03
5.7%
$21.22
4.00
0.16
$
9,515
8.53
12,500 $
11.06
0.2%
$22.02
4.16
0.16
$
9,998
8.84
12,760
11.13
0.7%
$23.37
4.30
0.16
$
10,608
9.25
57,000 $
1.0539%
601 $
0.57
57,000 $
1.0539%
601 $
0.56
57,000 $
1.0539%
601 $
0.55
57,000 $
1.0539%
601 $
0.55
57,000 $
1.0539%
601 $
0.54
57,000 $
1.0539%
601 $
0.53
57,000
1.0539%
601
0.52
8,761 $
8.34
2.5%
9,169 $
8.60
3.1%
9,567 $
8.84
2.8%
9,903 $
9.01
2.0%
10,116 $
9.07
0.6%
10,599 $
9.37
3.4%
11,209
9.78
4.3%
(448) $
(10%)
(1,104) $
(11%)
(1,278) $
(12%)
(1,478) $
(13%)
(1,569) $
(14%)
(2,193) $
(18%)
(1,901) $
(15%)
(1,552)
(12%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
19,789
116,316
67%
19,998
118,143
67%
20,241
119,803
68%
20,474
121,590
68%
20,709
123,387
68%
20,933
125,323
68%
21,194
127,083
68%
21,445
128,997
69%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
5,214
26%
5,214
26%
5,214
26%
5,214
25%
5,214
25%
5,214
25%
5,214
25%
5,214
24%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
12,932 $
11.12
(0.1%)
$23.75
4.47
0.17
11,034
9.49
12,521 $
10.60
(4.7%)
$27.26
4.46
0.17
$
12,007
10.16
12,840 $
10.72
1.1%
$28.90
4.66
0.17
$
12,816
10.70
12,693 $
10.44
(2.6%)
$32.25
4.60
0.18
$
13,730
11.29
13,285 $
10.77
3.1%
$33.59
4.77
0.18
$
14,459
11.72
13,754 $
10.97
1.9%
$33.50
4.98
0.19
$
14,884
11.88
14,262 $
11.22
2.3%
$33.55
5.22
0.19
$
15,404
12.12
15,038
11.66
3.9%
$33.68
5.97
0.19
$
16,624
12.89
57,000 $
1.0539%
601 $
0.52
57,000 $
1.0539%
601 $
0.51
11,634 $
10.00
2.3%
12,607 $
10.67
6.7%
13,116 $
10.95
2.6%
13,730 $
11.29
3.1%
14,459 $
11.72
3.8%
14,884 $
11.88
1.4%
15,404 $
12.12
2.1%
16,624
12.89
6.3%
(1,297) $
(10%)
86 $
1%
276 $
2%
1,038 $
8%
1,174 $
9%
1,130 $
8%
1,142 $
8%
1,586
11%
28,500
1.0539%
300
0.25
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
21,693
130,876
69%
21,917
132,806
69%
22,169
134,428
69%
22,399
136,131
69%
22,633
137,856
70%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
5,214
24%
5,214
24%
5,214
24%
5,214
23%
5,214
23%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
15,664 $
11.97
2.7%
$34.30
6.21
0.20
$
17,318
13.23
16,300 $
12.27
2.5%
$34.74
6.48
0.20
$
18,010
13.56
16,993 $
12.64
3.0%
$35.15
6.87
0.21
$
18,875
14.04
18,160 $
13.34
5.5%
$35.51
7.20
0.22
$
19,642
14.43
19,543
14.18
6.3%

2015-2025
2026-2035
2015-2035
95,235 $
72,451 $
167,686
$33.78
8.39
0.22
$
21,050
15.27
$000
%
$000
/kWh
80,361
79,089
159,450
4,755
4,755
85,116
79,089
164,205
$000
/kWh
%
17,318 $
13.23
2.7%
18,010 $
13.56
2.5%
18,875 $
14.04
3.5%
19,642 $
14.43
2.8%
21,050
15.27
5.8%
$000
%
1,653 $
11%
1,710 $
10%
1,882 $
11%
1,481 $
8%
1,507
8%
(10,120) $
(11%)
6,639 $
9%
(3,481)
(2%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

$(0.9) or (10%)
(Annualized 2015):
6
5
4
3
2
1
0
2015

2015-25 (10.5 Years) $(10.1) - (11%)
9%
2026-35 (10 Years)
$6.6 2015-35 (20.5 Years)
$(3.5) (2%)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$1.94 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
2% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Edenton
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
16,693
51,543
70%
16,697
103,734
71%
16,734
103,811
71%
16,747
104,054
71%
16,765
104,394
71%
16,757
104,863
71%
16,790
104,897
71%
16,801
105,118
71%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
7,703
46%
7,703
46%
7,703
46%
7,703
46%
7,703
46%
7,703
46%
7,703
46%
7,703
46%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
3,729
7.23
$000
%
$000
/kWh
28,500 $
1.5570%
444 $
0.86
$000
/kWh
%
4,172
8.09
$000
%
18
19
20
21

22
23
24

25
26
Comparison
4,994
9.69
$19.29
3.27
0.21
10,397 $
10.02
3.4%
$20.04
3.40
0.18
$
7,722
7.44
10,782 $
10.39
3.6%
$20.51
3.61
0.14
$
8,013
7.72
11,184 $
10.75
3.5%
$20.80
3.80
0.15
$
8,296
7.97
11,606 $
11.12
3.4%
$21.09
3.94
0.15
$
8,519
8.16
12,661 $
12.07
8.6%
$21.22
4.00
0.16
$
8,626
8.23
12,654 $
12.06
(0.1%)
$22.02
4.16
0.16
$
8,965
8.55
12,659
12.04
(0.2%)
$23.37
4.30
0.16
$
9,405
8.95
57,000 $
1.5570%
887 $
0.86
57,000 $
1.5570%
887 $
0.85
57,000 $
1.5570%
887 $
0.85
57,000 $
1.5570%
887 $
0.85
57,000 $
1.5570%
887 $
0.85
57,000 $
1.5570%
887 $
0.85
57,000
1.5570%
887
0.84
8,610 $
8.30
2.5%
8,900 $
8.57
3.3%
9,184 $
8.83
2.9%
9,406 $
9.01
2.1%
9,514 $
9.07
0.7%
9,853 $
9.39
3.5%
10,292
9.79
4.2%
(822) $
(16%)
(1,787) $
(17%)
(1,881) $
(17%)
(2,000) $
(18%)
(2,200) $
(19%)
(3,147) $
(25%)
(2,802) $
(22%)
(2,367)
(19%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
16,812
105,332
72%
16,802
105,709
72%
16,831
105,668
72%
16,841
105,810
72%
16,847
105,923
72%
16,835
106,284
72%
16,867
106,248
72%
16,878
106,421
72%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
7,703
46%
7,703
46%
7,703
46%
7,703
46%
7,703
46%
7,703
46%
7,703
46%
7,703
46%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
9,676
9.19
$000
%
$000
/kWh
57,000 $
1.5570%
887 $
0.84
57,000 $
1.5570%
887 $
0.84
$000
/kWh
%
10,563 $
10.03
2.4%
11,273 $
10.66
6.3%
11,393 $
10.78
1.1%
11,571 $
10.94
1.4%
12,037 $
11.36
3.9%
12,254 $
11.53
1.5%
12,535 $
11.80
2.3%
13,386
12.58
6.6%
$000
%
(2,102) $
(17%)
(23) $
(0%)
120 $
1%
1,319 $
13%
1,530 $
15%
1,467 $
14%
1,487 $
13%
2,168
19%
18
19
20
21

22
23
24

25
26
Comparison
12,665 $
12.02
(0.2%)
$23.75
4.47
0.17
11,296 $
10.69
(11.1%)
$27.26
4.46
0.17
$
10,386
9.82
11,273 $
10.67
(0.2%)
$28.90
4.66
0.17
$
10,949
10.36
10,252 $
9.69
(9.2%)
$32.25
4.60
0.18
$
11,571
10.94
10,507 $
9.92
2.4%
$33.59
4.77
0.18
$
12,037
11.36
10,787 $
10.15
2.3%
$33.50
4.98
0.19
$
12,254
11.53
11,049 $
10.40
2.5%
$33.55
5.22
0.19
$
12,535
11.80
11,218
10.54
1.4%
$33.68
5.97
0.19
$
13,386
12.58
28,500
1.5570%
444
0.42
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
16,888
106,568
72%
16,873
106,871
72%
16,901
106,749
72%
16,906
106,794
72%
16,911
106,840
72%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
7,703
46%
7,703
46%
7,703
46%
7,703
46%
7,703
46%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
11,506 $
10.80
2.4%
$34.30
6.21
0.20
$
13,782
12.93
11,805 $
11.05
2.3%
$34.74
6.48
0.20
$
14,174
13.26
12,073 $
11.31
2.4%
$35.15
6.87
0.21
$
14,692
13.76
13,087 $
12.25
8.3%
$35.51
7.20
0.22
$
15,125
14.16
14,048
13.15
7.3%

2015-2025
2026-2035
2015-2035
95,018 $
54,453 $
149,471
$33.78
8.39
0.22
$
16,058
15.03
$000
%
$000
/kWh
72,624
63,377
136,001
7,024
7,024
79,648
63,377
143,025
$000
/kWh
%
13,782 $
12.93
2.8%
14,174 $
13.26
2.6%
14,692 $
13.76
3.8%
15,125 $
14.16
2.9%
16,058
15.03
6.1%
$000
%
2,276 $
20%
2,369 $
20%
2,618 $
22%
2,038 $
16%
2,010
14%
(15,370) $
(16%)
8,923 $
16%
(6,446)
(4%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

$(1.6) or (16%)
(Annualized 2015):
6
5
4
3
2
1
0
2015

2015-25 (10.5 Years) $(15.4) - (16%)
16%
2026-35 (10 Years)
$8.9 2015-35 (20.5 Years)
$(6.4) (4%)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$4.15 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
4% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Elizabeth City

Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
49,446
162,058
75%
50,120
328,720
75%
50,724
331,255
75%
51,309
334,343
74%
51,961
338,042
74%
52,554
341,892
74%
53,139
344,236
74%
53,716
347,232
74%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
20,049
41%
20,049
40%
20,049
40%
20,049
39%
20,049
39%
20,049
38%
20,049
38%
20,049
37%
31,179 $
9.48
3.6%
32,589 $
9.84
3.7%
34,089 $
10.20
3.6%
35,495 $
10.50
3.0%
38,525 $
11.27
7.3%
38,830 $
11.28
0.1%
39,262
11.31
0.2%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
12,526
7.73
$000
%
18
19
20
21

22
23
24

25
26
Comparison
14,844
9.16
$19.29
3.27
0.21
11,371
7.02
$20.04
3.40
0.18
$
28,500 $
4.0525%
1,155 $
0.71
23,799
7.24
$20.51
3.61
0.14
$
24,910
7.52
$20.80
3.80
0.15
$
26,032
7.79
$21.09
3.94
0.15
$
26,996
7.99
$21.22
4.00
0.16
$
27,594
8.07
$22.02
4.16
0.16
$
28,903
8.40
$23.37
4.30
0.16
$
30,566
8.80
57,000 $
4.0525%
2,310 $
0.70
57,000 $
4.0525%
2,310 $
0.70
57,000 $
4.0525%
2,310 $
0.69
57,000 $
4.0525%
2,310 $
0.68
57,000 $
4.0525%
2,310 $
0.68
57,000 $
4.0525%
2,310 $
0.67
57,000
4.0525%
2,310
0.67
26,109 $
7.94
2.8%
27,220 $
8.22
3.5%
28,342 $
8.48
3.2%
29,306 $
8.67
2.3%
29,904 $
8.75
0.9%
31,213 $
9.07
3.7%
32,876
9.47
4.4%
(2,317) $
(16%)
(5,070) $
(16%)
(5,369) $
(16%)
(5,747) $
(17%)
(6,189) $
(17%)
(8,621) $
(22%)
(7,617) $
(20%)
(6,386)
(16%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate

Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
54,306
350,355
74%
54,907
354,330
74%
55,518
356,920
73%
56,123
360,201
73%
56,726
363,462
73%
57,340
367,605
73%
57,954
370,209
73%
58,588
373,771
73%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
20,049
37%
20,049
37%
20,049
36%
20,049
36%
20,049
35%
20,049
35%
20,049
35%
20,049
34%
39,599 $
11.30
(0.0%)
36,843 $
10.40
(8.0%)
37,323 $
10.46
0.6%
35,525 $
9.86
(5.7%)
36,927 $
10.16
3.0%
38,249 $
10.40
2.4%
39,522 $
10.68
2.6%
41,163
11.01
3.2%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
$23.75
4.47
0.17
31,723
9.05
$27.26
4.46
0.17
$
34,351
9.69
$28.90
4.66
0.17
$
36,522
10.23
$32.25
4.60
0.18
$
38,923
10.81
$33.59
4.77
0.18
$
40,867
11.24
$33.50
4.98
0.19
$
42,026
11.43
$33.55
5.22
0.19
$
43,350
11.71
$33.68
5.97
0.19
$
46,735
12.50
57,000 $
4.0525%
2,310 $
0.66
57,000 $
4.0525%
2,310 $
0.65
34,033 $
9.71
2.6%
36,661 $
10.35
6.5%
37,677 $
10.56
2.0%
38,923 $
10.81
2.4%
40,867 $
11.24
4.1%
42,026 $
11.43
1.7%
43,350 $
11.71
2.4%
46,735
12.50
6.8%
(5,566) $
(14%)
(182) $
(0%)
354 $
1%
3,398 $
10%
3,941 $
11%
3,777 $
10%
3,827 $
10%
5,573
14%
28,500
4.0525%
1,155
0.32
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate

Units
2031
2032
2033
2034
2035
kW
MWh
%
59,182
376,976
73%
59,731
380,562
73%
60,217
381,968
72%
60,679
383,957
72%
61,144
385,955
72%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
20,049
34%
20,049
34%
20,049
33%
20,049
33%
20,049
33%
42,679 $
11.32
2.8%
44,248 $
11.63
2.7%
45,730 $
11.97
3.0%
49,124 $
12.79
6.9%
52,820
13.69
7.0%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
$34.30
6.21
0.20
$
48,523
12.87
$34.74
6.48
0.20
$
50,327
13.22
$35.15
6.87
0.21
$
52,462
13.73
$35.51
7.20
0.22
$
54,334
14.15

2015-2025
2026-2035
2015-2035
293,276 $
198,584 $
491,860
$33.78
8.39
0.22
$
58,032
15.04
$000
%
$000
/kWh
232,277
18,283
$000
/kWh
%
48,523 $
12.87
2.9%
50,327 $
13.22
2.7%
52,462 $
13.73
3.9%
54,334 $
14.15
3.0%
58,032
15.04
6.3%
250,559
$000
%
5,845 $
14%
6,080 $
14%
6,732 $
15%
5,210 $
11%
5,213
10%
(42,717) $
(15%)
221,536
221,536
453,812
18,283
472,095
22,952 $
12%
(19,765)
(4%)
5%
April 2015

16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(4.6) or (16%)
6
5
4
3
2
1
0
2015

$(42.7) - (15%)
2015-25 (10.5 Years)
12%
$23.0 2026-35 (10 Years)
2015-35 (20.5 Years)
$(19.8) (4%)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$11.05 Million
2023
2025
2027
2029
2031
2033
2035
April 2015

16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
4% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Farmville
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
8,862
25,264
65%
8,892
50,675
65%
8,909
50,564
65%
8,922
50,534
65%
8,942
50,539
65%
8,951
50,589
65%
8,973
50,501
64%
9,004
50,573
64%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
4,866
55%
4,866
55%
4,866
55%
4,866
55%
4,866
54%
4,866
54%
4,866
54%
4,866
54%
5,535 $
10.92
3.5%
5,721 $
11.32
3.6%
5,919 $
11.71
3.5%
6,172 $
12.21
4.3%
6,826 $
13.49
10.5%
6,801 $
13.47
(0.2%)
6,779
13.41
(0.5%)
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$23.37
4.30
0.16
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
1,906
7.55
$000
%
$000
/kWh
28,500 $
0.9836%
280 $
1.11
$000
/kWh
%
2,187
8.66
$000
%
18
19
20
21

22
23
24

25
26
Comparison
2,667
10.56
$19.29
3.27
0.21
3,949
7.79
4,090
8.09
4,226
8.36
4,333
8.57
4,382
8.66
4,551
9.01
4,783
9.46
57,000 $
0.9836%
561 $
1.11
57,000 $
0.9836%
561 $
1.11
57,000 $
0.9836%
561 $
1.11
57,000 $
0.9836%
561 $
1.11
57,000 $
0.9836%
561 $
1.11
57,000 $
0.9836%
561 $
1.11
57,000
0.9836%
561
1.11
4,510 $
8.90
2.8%
4,650 $
9.20
3.3%
4,787 $
9.47
3.0%
4,894 $
9.68
2.2%
4,943 $
9.77
0.9%
5,112 $
10.12
3.6%
5,344
10.57
4.4%
(480) $
(18%)
(1,025) $
(19%)
(1,071) $
(19%)
(1,132) $
(19%)
(1,278) $
(21%)
(1,884) $
(28%)
(1,689) $
(25%)
(1,436)
(21%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
9,044
50,695
64%
9,123
51,141
64%
9,204
51,388
64%
9,297
51,804
64%
9,384
52,191
63%
9,436
52,503
64%
9,496
52,642
63%
9,558
52,908
63%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
4,866
54%
4,866
53%
4,866
53%
4,866
52%
4,866
52%
4,866
52%
4,866
51%
4,866
51%
5,375 $
10.30
2.3%
5,550 $
10.57
2.6%
5,702 $
10.83
2.5%
5,723
10.82
(0.1%)
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
$33.68
5.97
0.19
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
4,928
9.72
$000
%
$000
/kWh
57,000 $
0.9836%
561 $
1.11
57,000 $
0.9836%
561 $
1.10
$000
/kWh
%
5,489 $
10.83
2.5%
5,911 $
11.56
6.7%
5,959 $
11.60
0.3%
6,072 $
11.72
1.1%
6,367 $
12.20
4.1%
6,503 $
12.39
1.5%
6,669 $
12.67
2.3%
7,127
13.47
6.3%
$000
%
(1,295) $
(19%)
25 $
0%
85 $
1%
857 $
16%
992 $
18%
953 $
17%
967 $
17%
1,404
25%
18
19
20
21

22
23
24

25
26
Comparison
6,784 $
13.38
(0.2%)
$23.75
4.47
0.17
5,886 $
11.51
(14.0%)
$27.26
4.46
0.17
$
5,350
10.46
5,874 $
11.43
(0.7%)
$28.90
4.66
0.17
$
5,678
11.05
5,216 $
10.07
(11.9%)
$32.25
4.60
0.18
$
6,072
11.72
6,367
12.20
6,503
12.39
6,669
12.67
7,127
13.47
28,500
0.9836%
280
0.55
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
9,613
53,135
63%
9,658
53,410
63%
9,693
53,412
63%
9,723
53,496
63%
9,753
53,580
63%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
4,866
51%
4,866
50%
4,866
50%
4,866
50%
4,866
50%
5,890 $
11.08
2.5%
6,060 $
11.35
2.4%
6,180 $
11.57
2.0%
6,784 $
12.68
9.6%
7,269
13.57
7.0%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$35.51
7.20
0.22
$33.78
8.39
0.22
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
7,363
13.86
7,595
14.22
7,873
14.74
8,111
15.16
8,569
15.99
$000
%
$000
/kWh

2015-2025
2026-2035
2015-2035
50,552 $
27,953 $
78,505
37,091
33,738
70,830
4,437
4,437
33,738
75,267
$000
/kWh
%
7,363 $
13.86
2.9%
7,595 $
14.22
2.6%
7,873 $
14.74
3.7%
8,111 $
15.16
2.9%
8,569
15.99
5.5%
41,529
$000
%
1,473 $
25%
1,534 $
25%
1,692 $
27%
1,327 $
20%
1,300
18%
(9,023) $
(18%)
5,785 $
21%
(3,238)
(4%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(1.0) or (18%)
6
5
4
3
2
1
0
2015

$(9.0)
2015-25 (10.5 Years)
- (18%)
21%
$5.8
2026-35 (10 Years)
2015-35 (20.5 Years)
$(3.2)
(4%)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$3.35 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
4% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Fremont
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
2,177
6,909
72%
2,194
13,975
73%
2,200
13,982
73%
2,202
13,985
73%
2,206
14,011
72%
2,209
14,054
73%
2,213
14,041
72%
2,216
14,055
72%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
1,167
54%
1,167
53%
1,167
53%
1,167
53%
1,167
53%
1,167
53%
1,167
53%
1,167
53%
1,418 $
10.15
3.0%
1,466 $
10.49
3.4%
1,516 $
10.84
3.3%
1,578 $
11.26
3.9%
1,736 $
12.36
9.7%
1,731 $
12.33
(0.2%)
1,726
12.28
(0.4%)
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$23.37
4.30
0.16
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
493
7.13
$000
%
$000
/kWh
28,500 $
0.2359%
67 $
0.97
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
680
9.85
$19.29
3.27
0.21
1,027
7.35
1,066
7.62
1,103
7.89
1,132
8.08
1,147
8.16
1,191
8.48
1,249
8.89
57,000 $
0.2359%
134 $
0.96
57,000 $
0.2359%
134 $
0.96
57,000 $
0.2359%
134 $
0.96
57,000 $
0.2359%
134 $
0.96
57,000 $
0.2359%
134 $
0.96
57,000 $
0.2359%
134 $
0.96
57,000
0.2359%
134
0.96
1,161 $
8.31
2.5%
1,200 $
8.59
3.3%
1,237 $
8.85
3.0%
1,267 $
9.04
2.2%
1,281 $
9.12
0.8%
1,325 $
9.44
3.5%
1,383
9.84
4.3%
(120) $
(18%)
(257) $
(18%)
(266) $
(18%)
(279) $
(18%)
(311) $
(20%)
(455) $
(26%)
(406) $
(23%)
(342)
(20%)
560
8.11
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
2,221
14,091
72%
2,226
14,153
73%
2,233
14,170
72%
2,241
14,224
72%
2,249
14,282
72%
2,259
14,391
73%
2,273
14,467
73%
2,288
14,587
73%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
1,167
53%
1,167
52%
1,167
52%
1,167
52%
1,167
52%
1,167
52%
1,167
51%
1,167
51%
1,369 $
9.58
2.2%
1,415 $
9.83
2.6%
1,458 $
10.08
2.5%
1,482
10.16
0.8%
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
$33.68
5.97
0.19
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
1,287
9.13
$000
%
$000
/kWh
57,000 $
0.2359%
134 $
0.95
57,000 $
0.2359%
134 $
0.95
$000
/kWh
%
1,421 $
10.08
2.5%
1,517 $
10.72
6.3%
1,527 $
10.78
0.5%
1,547 $
10.87
0.9%
1,614 $
11.30
3.9%
1,651 $
11.47
1.5%
1,697 $
11.73
2.3%
1,825
12.51
6.6%
$000
%
(305) $
(18%)
11 $
1%
29 $
2%
213 $
16%
245 $
18%
236 $
17%
239 $
16%
343
23%
18
19
20
21

22
23
24

25
26
Comparison
1,726 $
12.25
(0.2%)
$23.75
4.47
0.17
1,507 $
10.64
(13.1%)
$27.26
4.46
0.17
$
1,383
9.77
1,498 $
10.57
(0.7%)
$28.90
4.66
0.17
$
1,460
10.30
1,334 $
9.38
(11.3%)
$32.25
4.60
0.18
$
1,547
10.87
1,614
11.30
1,651
11.47
1,697
11.73
1,825
12.51
28,500
0.2359%
67
0.47
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
2,303
14,706
73%
2,317
14,847
73%
2,332
14,929
73%
2,347
15,049
73%
2,363
15,170
73%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
1,167
51%
1,167
50%
1,167
50%
1,167
50%
1,167
49%
1,531 $
10.41
2.5%
1,584 $
10.67
2.5%
1,630 $
10.92
2.3%
1,792 $
11.91
9.1%
1,945
12.82
7.7%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$35.51
7.20
0.22
$33.78
8.39
0.22
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
1,891
12.86
1,958
13.19
2,041
13.67
2,116
14.06
2,265
14.93
$000
%
$000
/kWh

2015-2025
2026-2035
2015-2035
12,906 $
7,254 $
20,160
9,655
8,673
18,328
1,064
1,064
8,673
19,392
$000
/kWh
%
1,891 $
12.86
2.8%
1,958 $
13.19
2.6%
2,041 $
13.67
3.7%
2,116 $
14.06
2.9%
2,265
14.93
6.1%
10,719
$000
%
359 $
23%
374 $
24%
412 $
25%
324 $
18%
319
16%
(2,187) $
(17%)
1,419 $
20%
(768)
(4%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(0.2) or (18%)
6
5
4
3
2
1
0
2015

$(2.2)
2015-25 (10.5 Years)
- (17%)
20%
$1.4
2026-35 (10 Years)
2015-35 (20.5 Years)
$(0.8)
(4%)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$0.80 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
4% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Greenville
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
248,353
863,448
79%
249,507
1,743,451
80%
250,507
1,748,708
80%
251,281
1,756,499
80%
252,064
1,764,375
80%
252,538
1,773,933
80%
253,351
1,777,141
80%
254,233
1,786,024
80%
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
100,781
41%
100,781
40%
100,781
40%
100,781
40%
100,781
40%
100,781
40%
100,781
40%
100,781
40%
161,069 $
9.24
3.4%
167,323 $
9.57
3.6%
173,863 $
9.90
3.4%
179,807 $
10.19
3.0%
193,963 $
10.93
7.3%
194,442 $
10.94
0.1%
195,554
10.95
0.1%
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
kW
%
$
77,139
8.93
$19.29
3.27
0.21
58,840
6.81
122,299
7.01
127,254
7.28
132,201
7.53
136,060
7.71
138,046
7.78
143,670
8.08
$23.37
4.30
0.16
$
151,034
8.46
28,500 $
57,000 $
57,000 $
57,000 $
57,000 $
57,000 $
57,000 $
57,000
20.3709%
20.3709%
20.3709%
20.3709%
20.3709%
20.3709%
20.3709%
20.3709%
$
5,806 $
11,611 $
11,611 $
11,611 $
11,611 $
11,611 $
11,611 $
11,611
0.67
0.67
0.66
0.66
0.66
0.65
0.65
0.65
64,646
7.49
133,910 $
7.68
2.6%
138,865 $
7.94
3.4%
143,813 $
8.19
3.1%
147,671 $
8.37
2.2%
149,658 $
8.44
0.8%
155,281 $
8.74
3.6%
162,646
9.11
4.2%
(12,493) $
(16%)
(27,159) $
(17%)
(28,458) $
(17%)
(30,050) $
(17%)
(32,136) $
(18%)
(44,306) $
(23%)
(39,161) $
(20%)
(32,908)
(17%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
255,225
1,796,033
80%
256,897
1,818,282
81%
258,714
1,831,803
81%
260,659
1,851,867
81%
262,479
1,870,479
81%
263,473
1,885,828
82%
264,720
1,893,294
82%
265,930
1,905,642
82%
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
100,781
39%
100,781
39%
100,781
39%
100,781
39%
100,781
38%
100,781
38%
100,781
38%
100,781
38%
196,371 $
10.93
(0.1%)
181,411 $
9.98
(8.7%)
183,024 $
9.99
0.1%
172,873 $
9.34
(6.6%)
179,258 $
9.58
2.7%
184,914 $
9.81
2.3%
190,362 $
10.05
2.5%
197,714
10.38
3.2%
$23.75
4.47
0.17
$27.26
4.46
0.17
$28.90
4.66
0.17
$32.25
4.60
0.18
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
167,633 $
9.33
2.5%
179,756 $
9.89
5.9%
184,152 $
10.05
1.7%
189,321 $
10.22
1.7%
198,445 $
10.61
3.8%
203,260 $
10.78
1.6%
208,948 $
11.04
2.4%
225,032
11.81
7.0%
$000
%
(28,738) $
(15%)
(1,655) $
(1%)
1,128 $
1%
16,448 $
10%
19,187 $
11%
18,346 $
10%
18,586 $
10%
27,318
14%
18
19
20
21

22
23
24

25
26
Comparison
kW
%
$
156,021
8.69
168,144
9.25
178,347
9.74
189,321
10.22
198,445
10.61
203,260
10.78
208,948
11.04
$33.68
5.97
0.19
$
225,032
11.81
57,000 $
57,000 $
28,500
20.3709%
20.3709%
20.3709%
$
11,611 $
11,611 $
5,806
0.65
0.64
0.32
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
266,981
1,916,319
82%
267,730
1,929,242
82%
268,455
1,931,140
82%
268,995
1,936,502
82%
269,536
1,941,879
82%
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
100,781
38%
100,781
38%
100,781
38%
100,781
37%
100,781
37%
204,038 $
10.65
2.6%
210,644 $
10.92
2.5%
216,948 $
11.23
2.9%
232,794 $
12.02
7.0%
251,052
12.93
7.5%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$35.51
7.20
0.22
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
kW
%
$
232,726
12.14
240,508
12.47
250,053
12.95
258,255
13.34

2015-2025
2026-2035
2015-2035
1,478,681 $
952,471 $ 2,431,152
1,163,062
91,902
1,254,964
$33.78
8.39
0.22
$
276,536
14.24
$000
%
$000
/kWh
$000
/kWh
%
232,726 $
12.14
2.8%
240,508 $
12.47
2.7%
250,053 $
12.95
3.9%
258,255 $
13.34
3.0%
276,536
14.24
6.8%
$000
%
28,687 $
14%
29,864 $
14%
33,106 $
15%
25,462 $
11%
25,484
10%
(223,717) $
(15%)
1,064,636
1,064,636
2,227,698
91,902
2,319,600
112,166 $
12%
(111,552)
(5%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(25.0) or (16%)
6
5
4
3
2
1
0
2015

$(223.7) - (15%)
2015-25 (10.5 Years)
$112.2 - 12%
2026-35 (10 Years)
2015-35 (20.5 Years)
$(111.6) - (5%)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$41.95 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
5% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Hamilton
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
588
1,629
63%
590
3,270
63%
593
3,267
63%
595
3,270
63%
597
3,277
63%
599
3,285
63%
601
3,284
62%
604
3,289
62%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
334
57%
334
57%
334
56%
334
56%
334
56%
334
56%
334
56%
334
55%
365 $
11.16
3.4%
378 $
11.55
3.6%
391 $
11.96
3.5%
409 $
12.48
4.4%
454 $
13.83
10.8%
453 $
13.79
(0.3%)
451
13.72
(0.5%)
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$23.37
4.30
0.16
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
125
7.66
$000
%
$000
/kWh
28,500 $
0.0675%
19 $
1.18
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
kW
%
$
176
10.79
$19.29
3.27
0.21
259
7.92
268
8.22
278
8.49
285
8.71
289
8.80
301
9.16
316
9.61
57,000 $
0.0675%
38 $
1.18
57,000 $
0.0675%
38 $
1.18
57,000 $
0.0675%
38 $
1.18
57,000 $
0.0675%
38 $
1.17
57,000 $
0.0675%
38 $
1.17
57,000 $
0.0675%
38 $
1.17
57,000
0.0675%
38
1.17
297 $
9.09
2.8%
307 $
9.39
3.3%
316 $
9.67
3.0%
324 $
9.88
2.2%
328 $
9.97
0.9%
339 $
10.33
3.6%
355
10.78
4.4%
(32) $
(18%)
(68) $
(19%)
(71) $
(19%)
(75) $
(19%)
(85) $
(21%)
(127) $
(28%)
(114) $
(25%)
(97)
(21%)
144
8.84
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
607
3,297
62%
609
3,312
62%
613
3,317
62%
616
3,328
62%
619
3,339
62%
622
3,357
62%
626
3,363
61%
630
3,378
61%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
334
55%
334
55%
334
55%
334
54%
334
54%
334
54%
334
53%
334
53%
451 $
13.69
(0.2%)
388 $
11.70
(14.5%)
385 $
11.61
(0.8%)
337 $
10.13
(12.8%)
345 $
10.34
2.1%
357 $
10.62
2.7%
366 $
10.88
2.4%
365
10.80
(0.7%)
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
$33.68
5.97
0.19
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
326
9.88
$000
%
$000
/kWh
57,000 $
0.0675%
38 $
1.17
57,000 $
0.0675%
38 $
1.16
$000
/kWh
%
364 $
11.05
2.5%
391 $
11.81
6.9%
392 $
11.82
0.2%
397 $
11.94
1.0%
415 $
12.43
4.1%
423 $
12.61
1.5%
434 $
12.90
2.3%
463
13.70
6.2%
$000
%
(87) $
(19%)
3 $
1%
7 $
2%
60 $
18%
70 $
20%
67 $
19%
68 $
19%
98
27%
18
19
20
21

22
23
24

25
26
Comparison
kW
%
$
$23.75
4.47
0.17
$27.26
4.46
0.17
$
353
10.64
$28.90
4.66
0.17
$
373
11.24
$32.25
4.60
0.18
$
397
11.94
415
12.43
423
12.61
434
12.90
463
13.70
28,500
0.0675%
19
0.58
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
633
3,390
61%
635
3,404
61%
637
3,402
61%
639
3,406
61%
641
3,409
61%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
334
53%
334
53%
334
52%
334
52%
334
52%
375 $
11.06
2.4%
385 $
11.32
2.3%
392 $
11.53
1.8%
432 $
12.69
10.1%
463
13.57
7.0%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$35.51
7.20
0.22
$33.78
8.39
0.22
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
kW
%
$
478
14.09
492
14.46
510
14.99
525
15.41
553
16.23
$000
%
$000
/kWh

2015-2025
2026-2035
2015-2035
3,346 $
1,787 $
5,134
2,442
2,191
4,633
305
305
2,191
4,938
$000
/kWh
%
478 $
14.09
2.9%
492 $
14.46
2.6%
510 $
14.99
3.6%
525 $
15.41
2.8%
553
16.23
5.3%
2,746
$000
%
103 $
27%
107 $
28%
118 $
30%
93 $
21%
91
20%
(600) $
(18%)
404 $
23%
(196)
(4%)
5%
April 2015
16
15

April 2015
14
13
Cents/kWh
12
11
10
9
8

(Annualized 2015):
$(0.1) or (18%)

$(0.6) - (18%)
2015-25 (10.5 Years)
23%
2026-35 (10 Years)
$0.4
2015-35 (20.5 Years)
$(0.2) (4%)
5
4
Average AR Charges
(Status Quo)
Average FR Charges
2
1
0
2015
Average FR Charges
2017
2019
2021
$0.20 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
Cents/kWh
12
11
10
9
8
7
6
5
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%

April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
4% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Hertford
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
4,016
11,884
68%
4,013
23,797
68%
4,015
23,738
67%
4,018
23,742
67%
4,024
23,779
67%
4,028
23,845
68%
4,037
23,847
67%
4,047
23,920
67%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
1,913
48%
1,913
48%
1,913
48%
1,913
48%
1,913
48%
1,913
47%
1,913
47%
1,913
47%
2,439 $
10.25
3.7%
2,526 $
10.64
3.8%
2,619 $
11.03
3.7%
2,721 $
11.44
3.8%
2,982 $
12.50
9.3%
2,979 $
12.49
(0.1%)
2,980
12.46
(0.2%)
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$23.37
4.30
0.16
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
879
7.40
$000
%
$000
/kWh
28,500 $
0.3867%
110 $
0.93
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
1,174
9.88
$19.29
3.27
0.21
1,815
7.63
1,879
7.91
1,942
8.18
1,992
8.38
2,017
8.46
2,096
8.79
2,203
9.21
57,000 $
0.3867%
220 $
0.93
57,000 $
0.3867%
220 $
0.93
57,000 $
0.3867%
220 $
0.93
57,000 $
0.3867%
220 $
0.93
57,000 $
0.3867%
220 $
0.92
57,000 $
0.3867%
220 $
0.92
57,000
0.3867%
220
0.92
2,036 $
8.55
2.8%
2,099 $
8.84
3.4%
2,163 $
9.11
3.0%
2,213 $
9.31
2.2%
2,237 $
9.38
0.8%
2,317 $
9.71
3.5%
2,423
10.13
4.3%
(185) $
(16%)
(403) $
(17%)
(426) $
(17%)
(456) $
(17%)
(508) $
(19%)
(744) $
(25%)
(662) $
(22%)
(557)
(19%)
989
8.32
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
4,060
24,012
68%
4,078
24,222
68%
4,098
24,346
68%
4,120
24,536
68%
4,141
24,720
68%
4,156
24,898
68%
4,173
24,989
68%
4,191
25,138
68%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
1,913
47%
1,913
47%
1,913
47%
1,913
46%
1,913
46%
1,913
46%
1,913
46%
1,913
46%
2,656 $
10.91
(0.4%)
2,413 $
9.84
(9.8%)
2,488 $
10.06
2.3%
2,565 $
10.30
2.4%
2,636 $
10.55
2.4%
2,679
10.66
1.0%
$28.90
4.66
0.17
$32.25
4.60
0.18
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
$33.68
5.97
0.19
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
2,270
9.46
$000
%
$000
/kWh
57,000 $
0.3867%
220 $
0.92
57,000 $
0.3867%
220 $
0.91
$000
/kWh
%
2,491 $
10.37
2.4%
2,675 $
11.04
6.4%
2,709 $
11.13
0.8%
2,766 $
11.27
1.3%
2,894 $
11.71
3.8%
2,956 $
11.87
1.4%
3,031 $
12.13
2.2%
3,244
12.91
6.4%
$000
%
(495) $
(17%)
22 $
1%
54 $
2%
353 $
15%
406 $
16%
390 $
15%
396 $
15%
566
21%
18
19
20
21

22
23
24

25
26
Comparison
2,986 $
12.43
(0.2%)
$23.75
4.47
0.17
2,653 $
10.95
(11.9%)
$27.26
4.46
0.17
$
2,454
10.13
2,599
10.68
2,766
11.27
2,894
11.71
2,956
11.87
3,031
12.13
3,244
12.91
28,500
0.3867%
110
0.45
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
4,206
25,266
69%
4,217
25,416
69%
4,228
25,437
69%
4,237
25,498
69%
4,245
25,558
69%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
1,913
45%
1,913
45%
1,913
45%
1,913
45%
1,913
45%
2,758 $
10.92
2.4%
2,840 $
11.18
2.4%
2,908 $
11.43
2.3%
3,163 $
12.40
8.5%
3,396
13.29
7.1%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$35.51
7.20
0.22
$33.78
8.39
0.22
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
3,351
13.26
3,456
13.60
3,586
14.10
3,697
14.50
3,923
15.35
$000
%
$000
/kWh

2015-2025
2026-2035
2015-2035
22,326 $
13,019 $
35,345
17,053
15,362
32,415
1,745
1,745
15,362
34,160
$000
/kWh
%
3,351 $
13.26
2.8%
3,456 $
13.60
2.5%
3,586 $
14.10
3.7%
3,697 $
14.50
2.8%
3,923
15.35
5.9%
18,798
$000
%
592 $
21%
616 $
22%
678 $
23%
534 $
17%
526
15%
(3,528) $
(16%)
2,343 $
18%
(1,186)
(3%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(0.4) or (16%)
6
5
4
3
2
1
0
2015

$(3.5)
2015-25 (10.5 Years)
- (16%)
18%
$2.3
2026-35 (10 Years)
(3%)
2015-35 (20.5 Years)
$(1.2)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$1.07 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
3% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Hobgood
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
544
1,674
70%
545
3,350
70%
547
3,344
70%
550
3,354
70%
554
3,365
69%
557
3,377
69%
559
3,376
69%
563
3,386
69%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
361
66%
361
66%
361
66%
361
66%
361
65%
361
65%
361
65%
361
64%
370 $
11.03
3.0%
380 $
11.37
3.1%
393 $
11.71
3.0%
412 $
12.24
4.6%
461 $
13.66
11.5%
459 $
13.59
(0.5%)
456
13.46
(0.9%)
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$23.37
4.30
0.16
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
121
7.25
$000
%
$000
/kWh
28,500 $
0.0730%
21 $
1.24
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
kW
%
$
179
10.71
$19.29
3.27
0.21
251
7.49
260
7.78
270
8.05
278
8.26
282
8.35
293
8.69
309
9.12
57,000 $
0.0730%
42 $
1.24
57,000 $
0.0730%
42 $
1.24
57,000 $
0.0730%
42 $
1.24
57,000 $
0.0730%
42 $
1.24
57,000 $
0.0730%
42 $
1.23
57,000 $
0.0730%
42 $
1.23
57,000
0.0730%
42
1.23
292 $
8.73
2.8%
302 $
9.02
3.3%
312 $
9.29
3.0%
320 $
9.50
2.2%
324 $
9.59
0.9%
335 $
9.93
3.6%
351
10.35
4.3%
(37) $
(21%)
(77) $
(21%)
(78) $
(21%)
(81) $
(21%)
(92) $
(22%)
(137) $
(30%)
(124) $
(27%)
(105)
(23%)
142
8.49
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
567
3,403
68%
573
3,434
68%
579
3,452
68%
586
3,480
68%
593
3,509
68%
601
3,551
67%
609
3,580
67%
618
3,621
67%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
361
64%
361
63%
361
62%
361
62%
361
61%
361
60%
361
59%
361
58%
456 $
13.41
(0.3%)
385 $
11.22
(16.4%)
382 $
11.07
(1.3%)
329 $
9.45
(14.7%)
338 $
9.64
2.1%
353 $
9.95
3.2%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
319
9.39
$000
%
$000
/kWh
57,000 $
0.0730%
42 $
1.22
57,000 $
0.0730%
42 $
1.21
$000
/kWh
%
361 $
10.61
2.5%
388 $
11.30
6.5%
389 $
11.26
(0.3%)
393 $
11.29
0.3%
413 $
11.76
4.2%
425 $
11.97
1.7%
439 $
12.26
2.4%
473
13.07
6.6%
$000
%
(95) $
(21%)
3 $
1%
7 $
2%
64 $
20%
75 $
22%
72 $
20%
73 $
20%
105
29%
18
19
20
21

22
23
24

25
26
Comparison
kW
%
$
$23.75
4.47
0.17
$27.26
4.46
0.17
$
346
10.09
$28.90
4.66
0.17
$
368
10.66
$32.25
4.60
0.18
$
393
11.29
$33.59
4.77
0.18
$
413
11.76
$33.50
4.98
0.19
$
425
11.97
366 $
10.22
2.8%
368
10.16
(0.6%)
$33.55
5.22
0.19
$33.68
5.97
0.19
439
12.26
473
13.07
28,500
0.0730%
21
0.60
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
626
3,657
67%
633
3,694
67%
638
3,704
66%
643
3,724
66%
648
3,743
66%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
361
58%
361
57%
361
57%
361
56%
361
56%
382 $
10.44
2.7%
396 $
10.71
2.6%
405 $
10.92
2.0%
450 $
12.09
10.7%
487
13.02
7.7%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$35.51
7.20
0.22
$33.78
8.39
0.22
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
kW
%
$
492
13.46
511
13.83
531
14.35
550
14.77
585
15.63
$000
%
$000
/kWh

2015-2025
2026-2035
2015-2035
3,373 $
1,807 $
5,181
2,383
2,242
4,625
329
329
2,242
4,954
$000
/kWh
%
492 $
13.46
3.0%
511 $
13.83
2.7%
531 $
14.35
3.8%
550 $
14.77
3.0%
585
15.63
5.8%
2,713
$000
%
111 $
29%
115 $
29%
127 $
31%
100 $
22%
98
20%
(661) $
(20%)
435 $
24%
(226)
(4%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(0.1) or (21%)
6
5
4
3
2
1
0
2015

$(0.7) - (20%)
2015-25 (10.5 Years)
24%
2026-35 (10 Years)
$0.4
2015-35 (20.5 Years)
$(0.2) (4%)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$0.24 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%

April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
4% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Hookerton
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
1,152
2,996
59%
1,156
6,041
60%
1,159
6,039
60%
1,159
6,034
59%
1,160
6,038
59%
1,160
6,044
59%
1,161
6,029
59%
1,162
6,028
59%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
523
45%
523
45%
523
45%
523
45%
523
45%
523
45%
523
45%
523
45%
655 $
10.85
3.8%
682 $
11.29
4.1%
708 $
11.74
4.0%
736 $
12.19
3.9%
807 $
13.35
9.5%
806 $
13.36
0.1%
805
13.36
0.0%
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$23.37
4.30
0.16
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
238
7.94
$000
%
$000
/kWh
28,500 $
0.1057%
30 $
1.01
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
kW
%
$
313
10.45
$19.29
3.27
0.21
494
8.18
512
8.47
528
8.75
541
8.96
547
9.04
567
9.41
595
9.87
57,000 $
0.1057%
60 $
1.00
57,000 $
0.1057%
60 $
1.00
57,000 $
0.1057%
60 $
1.00
57,000 $
0.1057%
60 $
1.00
57,000 $
0.1057%
60 $
1.00
57,000 $
0.1057%
60 $
1.00
57,000
0.1057%
60
1.00
554 $
9.17
2.6%
572 $
9.47
3.2%
588 $
9.75
2.9%
601 $
9.96
2.1%
607 $
10.04
0.8%
627 $
10.41
3.6%
655
10.87
4.5%
(45) $
(14%)
(101) $
(15%)
(110) $
(16%)
(120) $
(17%)
(135) $
(18%)
(200) $
(25%)
(178) $
(22%)
(150)
(19%)
268
8.94
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
1,163
6,033
59%
1,164
6,052
59%
1,167
6,054
59%
1,169
6,067
59%
1,171
6,079
59%
1,173
6,108
59%
1,177
6,120
59%
1,180
6,147
59%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
523
45%
523
45%
523
45%
523
45%
523
45%
523
45%
523
44%
523
44%
806 $
13.35
(0.1%)
714 $
11.80
(11.7%)
713 $
11.78
(0.1%)
646 $
10.64
(9.7%)
662 $
10.89
2.4%
680 $
11.14
2.2%
697 $
11.38
2.2%
701
11.41
0.2%
$28.90
4.66
0.17
$32.25
4.60
0.18
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
$33.68
5.97
0.19
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
611
10.13
$000
%
$000
/kWh
57,000 $
0.1057%
60 $
1.00
57,000 $
0.1057%
60 $
1.00
$000
/kWh
%
672 $
11.13
2.4%
721 $
11.91
7.0%
728 $
12.02
0.9%
742 $
12.23
1.8%
773 $
12.72
4.0%
787 $
12.88
1.3%
805 $
13.15
2.1%
856
13.93
5.9%
$000
%
(134) $
(17%)
7 $
1%
14 $
2%
97 $
15%
111 $
17%
107 $
16%
108 $
16%
155
22%
18
19
20
21

22
23
24

25
26
Comparison
kW
%
$
$23.75
4.47
0.17
$27.26
4.46
0.17
$
661
10.92
698
11.52
742
12.23
773
12.72
787
12.88
805
13.15
856
13.93
28,500
0.1057%
30
0.50
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
1,183
6,170
60%
1,186
6,199
60%
1,188
6,201
60%
1,190
6,212
60%
1,192
6,223
60%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
523
44%
523
44%
523
44%
523
44%
523
44%
720 $
11.68
2.3%
740 $
11.93
2.2%
755 $
12.17
2.0%
821 $
13.22
8.6%
875
14.07
6.4%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$35.51
7.20
0.22
$33.78
8.39
0.22
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
kW
%
$
883
14.30
908
14.65
940
15.17
968
15.58
1,019
16.38
$000
%
$000
/kWh

2015-2025
2026-2035
2015-2035
6,022 $
3,418 $
9,440
4,616
4,059
8,674
477
477
4,059
9,151
$000
/kWh
%
883 $
14.30
2.7%
908 $
14.65
2.4%
940 $
15.17
3.5%
968 $
15.58
2.7%
1,019
16.38
5.1%
5,092
$000
%
162 $
23%
169 $
23%
186 $
25%
146 $
18%
144
16%
(929) $
(15%)
641 $
19%
(289)
(3%)
5%
April 2015
16
15

April 2015
14
13
Cents/kWh
12
11
10
9
8

(Annualized 2015):
$(0.1) or (14%)

$(0.9) - (15%)
2015-25 (10.5 Years)
19%
2026-35 (10 Years)
$0.6
2015-35 (20.5 Years)
$(0.3) (3%)
5
4
Average AR Charges
(Status Quo)
Average FR Charges
2
1
0
2015
Average FR Charges
2017
2019
2021
$0.40 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
Cents/kWh
12
11
10
9
8
7
6
5
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
3% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Kinston
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
67,184
232,596
79%
67,371
467,202
79%
67,552
467,004
79%
67,707
467,744
79%
67,894
468,734
79%
68,019
470,343
79%
68,195
470,099
79%
68,359
470,909
79%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
37,814
56%
37,814
56%
37,814
56%
37,814
56%
37,814
56%
37,814
56%
37,814
55%
37,814
55%
46,971 $
10.05
3.0%
48,409 $
10.37
3.1%
49,955 $
10.68
3.0%
51,964 $
11.09
3.8%
57,119 $
12.14
9.5%
56,929 $
12.11
(0.3%)
56,726
12.05
(0.5%)
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
18,062
7.77
$000
%
18
19
20
21

22
23
24

25
26
Comparison
22,712
9.76
$19.29
3.27
0.21
15,883
6.83
$20.04
3.40
0.18
$
28,500 $
7.6434%
2,178 $
0.94
32,896
7.04
$20.51
3.61
0.14
$
34,145
7.31
$20.80
3.80
0.15
$
35,402
7.57
$21.09
3.94
0.15
$
36,382
7.76
$21.22
4.00
0.16
$
36,872
7.84
$22.02
4.16
0.16
$
38,315
8.15
$23.37
4.30
0.16
$
40,194
8.54
57,000 $
7.6434%
4,357 $
0.93
57,000 $
7.6434%
4,357 $
0.93
57,000 $
7.6434%
4,357 $
0.93
57,000 $
7.6434%
4,357 $
0.93
57,000 $
7.6434%
4,357 $
0.93
57,000 $
7.6434%
4,357 $
0.93
57,000
7.6434%
4,357
0.93
37,252 $
7.97
2.7%
38,501 $
8.24
3.4%
39,759 $
8.50
3.1%
40,738 $
8.69
2.2%
41,228 $
8.77
0.9%
42,672 $
9.08
3.6%
44,551
9.46
4.2%
(4,651) $
(20%)
(9,719) $
(21%)
(9,907) $
(20%)
(10,196) $
(20%)
(11,226) $
(22%)
(15,891) $
(28%)
(14,257) $
(25%)
(12,175)
(21%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
68,576
472,117
79%
68,803
474,547
79%
69,090
475,182
79%
69,354
476,781
78%
69,623
478,421
78%
69,897
481,252
79%
70,225
482,208
78%
70,556
484,351
78%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
37,814
55%
37,814
55%
37,814
55%
37,814
55%
37,814
54%
37,814
54%
37,814
54%
37,814
54%
56,741 $
12.02
(0.2%)
49,515 $
10.43
(13.2%)
49,201 $
10.35
(0.8%)
43,736 $
9.17
(11.4%)
44,831 $
9.37
2.2%
46,319 $
9.62
2.7%
47,620 $
9.88
2.6%
48,308
9.97
1.0%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
$23.75
4.47
0.17
41,436
8.78
$27.26
4.46
0.17
$
44,458
9.37
$28.90
4.66
0.17
$
46,950
9.88
$32.25
4.60
0.18
$
49,611
10.41
$33.59
4.77
0.18
$
51,760
10.82
$33.50
4.98
0.19
$
52,940
11.00
$33.55
5.22
0.19
$
54,346
11.27
$33.68
5.97
0.19
$
58,394
12.06
57,000 $
7.6434%
4,357 $
0.92
57,000 $
7.6434%
4,357 $
0.92
45,793 $
9.70
2.5%
48,814 $
10.29
6.1%
49,129 $
10.34
0.5%
49,611 $
10.41
0.6%
51,760 $
10.82
4.0%
52,940 $
11.00
1.7%
54,346 $
11.27
2.5%
58,394
12.06
7.0%
(10,948) $
(19%)
(700) $
(1%)
(73) $
(0%)
5,875 $
13%
6,929 $
15%
6,621 $
14%
6,726 $
14%
10,086
21%
28,500
7.6434%
2,178
0.46
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
70,834
486,097
78%
71,026
488,365
78%
71,179
488,014
78%
71,275
488,411
78%
71,371
488,808
78%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
37,814
53%
37,814
53%
37,814
53%
37,814
53%
37,814
53%
49,692 $
10.22
2.5%
51,146 $
10.47
2.4%
52,289 $
10.71
2.3%
57,130 $
11.70
9.2%
61,724
12.63
8.0%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
$34.30
6.21
0.20
$
60,314
12.41
$34.74
6.48
0.20
$
62,238
12.74
$35.15
6.87
0.21
$
64,599
13.24
$35.51
7.20
0.22
$
66,597
13.64

2015-2025
2026-2035
2015-2035
425,336 $
235,065 $
660,401
$33.78
8.39
0.22
$
71,038
14.53
$000
%
$000
/kWh
310,269
34,483
$000
/kWh
%
60,314 $
12.41
2.9%
62,238 $
12.74
2.7%
64,599 $
13.24
3.9%
66,597 $
13.64
3.0%
71,038
14.53
6.6%
344,752
$000
%
10,622 $
21%
11,092 $
22%
12,310 $
24%
9,467 $
17%
9,313
15%
(80,584) $
(19%)
276,195
276,195
586,464
34,483
620,947
41,130 $
17%
(39,454)
(6%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(9.3) or (20%)
6
5
4
3
2
1
0
2015

$(80.6) - (19%)
2015-25 (10.5 Years)
17%
$41.1 2026-35 (10 Years)
(6%)
2015-35 (20.5 Years)
$(39.5) -
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$22.54 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
6% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: La Grange
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
4,982
13,666
63%
4,983
27,422
63%
4,986
27,382
63%
4,991
27,425
63%
4,998
27,487
63%
5,003
27,596
63%
5,010
27,582
63%
5,018
27,651
63%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
2,108
42%
2,108
42%
2,108
42%
2,108
42%
2,108
42%
2,108
42%
2,108
42%
2,108
42%
2,842 $
10.36
4.1%
2,955 $
10.79
4.1%
3,076 $
11.22
3.9%
3,192 $
11.61
3.5%
3,483 $
12.62
8.7%
3,483 $
12.63
0.1%
3,493
12.63
0.0%
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$23.37
4.30
0.16
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
1,053
7.70
$000
%
$000
/kWh
28,500 $
0.4261%
121 $
0.89
$000
/kWh
%
1,174
8.59
$000
%
18
19
20
21

22
23
24

25
26
Comparison
1,361
9.96
$19.29
3.27
0.21
2,178
7.94
2,254
8.23
2,331
8.50
2,391
8.70
2,421
8.77
2,515
9.12
2,642
9.55
57,000 $
0.4261%
243 $
0.89
57,000 $
0.4261%
243 $
0.89
57,000 $
0.4261%
243 $
0.89
57,000 $
0.4261%
243 $
0.88
57,000 $
0.4261%
243 $
0.88
57,000 $
0.4261%
243 $
0.88
57,000
0.4261%
243
0.88
2,421 $
8.83
2.7%
2,497 $
9.12
3.3%
2,573 $
9.38
2.9%
2,634 $
9.58
2.1%
2,664 $
9.65
0.8%
2,757 $
10.00
3.6%
2,885
10.43
4.4%
(187) $
(14%)
(421) $
(15%)
(458) $
(15%)
(503) $
(16%)
(559) $
(18%)
(819) $
(24%)
(726) $
(21%)
(609)
(17%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
5,030
27,748
63%
5,044
27,934
63%
5,060
27,995
63%
5,076
28,128
63%
5,093
28,266
63%
5,112
28,491
64%
5,132
28,586
64%
5,154
28,765
64%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
2,108
42%
2,108
42%
2,108
42%
2,108
42%
2,108
41%
2,108
41%
2,108
41%
2,108
41%
3,164 $
11.30
0.1%
2,913 $
10.36
(8.4%)
3,001 $
10.62
2.5%
3,091 $
10.85
2.2%
3,172 $
11.09
2.3%
3,230
11.23
1.2%
$28.90
4.66
0.17
$32.25
4.60
0.18
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
$33.68
5.97
0.19
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
2,720
9.80
$000
%
$000
/kWh
57,000 $
0.4261%
243 $
0.88
57,000 $
0.4261%
243 $
0.87
$000
/kWh
%
2,963 $
10.68
2.4%
3,185 $
11.40
6.8%
3,231 $
11.54
1.2%
3,308 $
11.76
1.9%
3,453 $
12.22
3.9%
3,526 $
12.37
1.3%
3,612 $
12.63
2.1%
3,857
13.41
6.1%
$000
%
(538) $
(15%)
30 $
1%
67 $
2%
394 $
14%
452 $
15%
435 $
14%
440 $
14%
627
19%
18
19
20
21

22
23
24

25
26
Comparison
3,501 $
12.62
(0.1%)
$23.75
4.47
0.17
3,155 $
11.29
(10.5%)
$27.26
4.46
0.17
$
2,942
10.53
3,109
11.11
3,308
11.76
3,453
12.22
3,526
12.37
3,612
12.63
3,857
13.41
28,500
0.4261%
121
0.43
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
5,173
28,919
64%
5,188
29,112
64%
5,198
29,129
64%
5,208
29,209
64%
5,218
29,290
64%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
2,108
41%
2,108
41%
2,108
41%
2,108
40%
2,108
40%
3,326 $
11.50
2.4%
3,426 $
11.77
2.3%
3,506 $
12.03
2.3%
3,794 $
12.99
7.9%
4,054
13.84
6.6%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$35.51
7.20
0.22
$33.78
8.39
0.22
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
3,983
13.77
4,108
14.11
4,256
14.61
4,386
15.01
4,638
15.84
$000
%
$000
/kWh

2015-2025
2026-2035
2015-2035
26,188 $
15,673 $
41,862
20,450
18,275
38,725
1,922
1,922
18,275
40,647
$000
/kWh
%
3,983 $
13.77
2.7%
4,108 $
14.11
2.5%
4,256 $
14.61
3.6%
4,386 $
15.01
2.8%
4,638
15.84
5.5%
22,372
$000
%
657 $
20%
682 $
20%
751 $
21%
592 $
16%
584
14%
(3,816) $
(15%)
2,602 $
17%
(1,215)
(3%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(0.4) or (14%)
6
5
4
3
2
1
0
2015

$(3.8)
2015-25 (10.5 Years)
- (15%)
17%
$2.6
2026-35 (10 Years)
(3%)
2015-35 (20.5 Years)
$(1.2)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$1.30 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
3% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Laurinburg
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
22,337
69,795
71%
22,369
140,266
72%
22,435
140,542
72%
22,459
140,773
72%
22,493
141,095
72%
22,479
141,305
72%
22,530
141,416
72%
22,550
141,593
72%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
10,876
49%
10,876
49%
10,876
48%
10,876
48%
10,876
48%
10,876
48%
10,876
48%
10,876
48%
14,225 $
10.14
3.4%
14,744 $
10.49
3.4%
15,273 $
10.85
3.4%
15,860 $
11.24
3.6%
17,324 $
12.26
9.1%
17,308 $
12.24
(0.2%)
17,289
12.21
(0.2%)
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
5,018
7.19
$000
%
$000
/kWh
28,500 $
2.1984%
627 $
0.90
57,000 $
2.1984%
1,253 $
0.89
57,000 $
2.1984%
1,253 $
0.89
57,000 $
2.1984%
1,253 $
0.89
57,000 $
2.1984%
1,253 $
0.89
57,000 $
2.1984%
1,253 $
0.89
57,000 $
2.1984%
1,253 $
0.89
57,000
2.1984%
1,253
0.88
$000
/kWh
%
5,645
8.09
11,644 $
8.30
2.6%
12,047 $
8.57
3.3%
12,427 $
8.83
3.0%
12,725 $
9.02
2.2%
12,851 $
9.09
0.8%
13,312 $
9.41
3.5%
13,898
9.82
4.3%
$000
%
(1,201) $
(18%)
(2,581) $
(18%)
(2,698) $
(18%)
(2,846) $
(19%)
(3,135) $
(20%)
(4,473) $
(26%)
(3,996) $
(23%)
(3,391)
(20%)
18
19
20
21

22
23
24

25
26
Comparison
6,846
9.81
$19.29
3.27
0.21
$20.04
3.40
0.18
$
10,391
7.41
$20.51
3.61
0.14
$
10,794
7.68
$20.80
3.80
0.15
$
11,174
7.94
$21.09
3.94
0.15
$
11,472
8.13
$21.22
4.00
0.16
$
11,598
8.21
$22.02
4.16
0.16
$
12,059
8.53
$23.37
4.30
0.16
$
12,645
8.93
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
22,573
141,798
72%
22,565
142,078
72%
22,620
142,230
72%
22,644
142,454
72%
22,667
142,654
72%
22,661
142,958
72%
22,715
143,097
72%
22,739
143,325
72%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
10,876
48%
10,876
48%
10,876
48%
10,876
48%
10,876
48%
10,876
48%
10,876
48%
10,876
48%
17,290 $
12.19
(0.1%)
15,295 $
10.77
(11.7%)
15,252 $
10.72
(0.4%)
13,767 $
9.66
(9.9%)
14,102 $
9.89
2.3%
14,479 $
10.13
2.5%
14,843 $
10.37
2.4%
15,027
10.48
1.1%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
$23.75
4.47
0.17
13,009
9.17
$27.26
4.46
0.17
$
13,954
9.82
$28.90
4.66
0.17
$
14,726
10.35
$32.25
4.60
0.18
$
15,567
10.93
$33.59
4.77
0.18
$
16,202
11.36
$33.50
4.98
0.19
$
16,489
11.53
$33.55
5.22
0.19
$
16,882
11.80
$33.68
5.97
0.19
$
18,031
12.58
57,000 $
2.1984%
1,253 $
0.88
57,000 $
2.1984%
1,253 $
0.88
14,262 $
10.06
2.5%
15,207 $
10.70
6.4%
15,353 $
10.79
0.9%
15,567 $
10.93
1.2%
16,202 $
11.36
3.9%
16,489 $
11.53
1.6%
16,882 $
11.80
2.3%
18,031
12.58
6.6%
(3,028) $
(18%)
(89) $
(1%)
100 $
1%
1,800 $
13%
2,100 $
15%
2,010 $
14%
2,039 $
14%
3,004
20%
28,500
2.1984%
627
0.44
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
22,759
143,499
72%
22,743
143,696
72%
22,780
143,658
72%
22,777
143,590
72%
22,773
143,521
72%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
10,876
48%
10,876
48%
10,876
48%
10,876
48%
10,876
48%
15,409 $
10.74
2.4%
15,792 $
10.99
2.3%
16,145 $
11.24
2.3%
17,533 $
12.21
8.6%
18,816
13.11
7.4%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
$34.30
6.21
0.20
$
18,566
12.94
$34.74
6.48
0.20
$
19,082
13.28
$35.15
6.87
0.21
$
19,787
13.77
$35.51
7.20
0.22
$
20,356
14.18

2015-2025
2026-2035
2015-2035
129,710 $
72,994 $
202,704
$33.78
8.39
0.22
$
21,595
15.05
$000
%
$000
/kWh
97,707
85,315
183,022
9,918
9,918
85,315
192,940
$000
/kWh
%
18,566 $
12.94
2.8%
19,082 $
13.28
2.6%
19,787 $
13.77
3.7%
20,356 $
14.18
2.9%
21,595
15.05
6.1%
107,625
$000
%
3,156 $
20%
3,290 $
21%
3,641 $
23%
2,822 $
16%
2,779
15%
(22,085) $
(17%)
12,321 $
17%
(9,764)
(5%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(2.4) or (18%)
6
5
4
3
2
1
0
2015

$(22.1) - (17%)
2015-25 (10.5 Years)
17%
$12.3 2026-35 (10 Years)
$(9.8) (5%)
2015-35 (20.5 Years)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$5.90 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
5% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Louisburg
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
9,101
28,441
71%
9,163
57,643
72%
9,255
58,147
72%
9,329
58,766
72%
9,401
59,384
72%
9,450
60,066
73%
9,537
60,517
72%
9,606
61,093
73%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
4,178
46%
4,178
46%
4,178
45%
4,178
45%
4,178
44%
4,178
44%
4,178
44%
4,178
43%
5,668 $
9.83
3.3%
5,917 $
10.18
3.5%
6,179 $
10.51
3.3%
6,444 $
10.85
3.2%
7,049 $
11.74
8.2%
7,087 $
11.71
(0.2%)
7,135
11.68
(0.3%)
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$23.37
4.30
0.16
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
2,045
7.19
$000
%
$000
/kWh
28,500 $
0.8445%
241 $
0.85
$000
/kWh
%
2,285
8.04
$000
%
18
19
20
21

22
23
24

25
26
Comparison
2,708
9.52
$19.29
3.27
0.21
4,263
7.40
4,459
7.67
4,653
7.92
4,812
8.10
4,903
8.16
5,133
8.48
5,421
8.87
57,000 $
0.8445%
481 $
0.84
57,000 $
0.8445%
481 $
0.83
57,000 $
0.8445%
481 $
0.82
57,000 $
0.8445%
481 $
0.81
57,000 $
0.8445%
481 $
0.80
57,000 $
0.8445%
481 $
0.80
57,000
0.8445%
481
0.79
4,745 $
8.23
2.4%
4,941 $
8.50
3.2%
5,134 $
8.74
2.8%
5,293 $
8.91
2.0%
5,385 $
8.96
0.6%
5,614 $
9.28
3.5%
5,903
9.66
4.1%
(423) $
(16%)
(924) $
(16%)
(977) $
(17%)
(1,044) $
(17%)
(1,151) $
(18%)
(1,665) $
(24%)
(1,473) $
(21%)
(1,233)
(17%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
9,679
61,713
73%
9,735
62,484
73%
9,834
63,049
73%
9,913
63,728
73%
9,992
64,414
74%
10,053
65,241
74%
10,158
65,857
74%
10,244
66,612
74%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
4,178
43%
4,178
43%
4,178
42%
4,178
42%
4,178
42%
4,178
42%
4,178
41%
4,178
41%
6,567 $
10.42
(0.0%)
6,100 $
9.57
(8.1%)
6,324 $
9.82
2.6%
6,549 $
10.04
2.2%
6,779 $
10.29
2.5%
7,010
10.52
2.2%
$28.90
4.66
0.17
$32.25
4.60
0.18
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
$33.68
5.97
0.19
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
5,620
9.11
$000
%
$000
/kWh
57,000 $
0.8445%
481 $
0.78
57,000 $
0.8445%
481 $
0.77
$000
/kWh
%
6,101 $
9.89
2.3%
6,556 $
10.49
6.1%
6,702 $
10.63
1.3%
6,880 $
10.80
1.6%
7,218 $
11.21
3.8%
7,409 $
11.36
1.3%
7,651 $
11.62
2.3%
8,249
12.38
6.6%
$000
%
(1,082) $
(15%)
45 $
1%
134 $
2%
780 $
13%
894 $
14%
860 $
13%
872 $
13%
1,239
18%
18
19
20
21

22
23
24

25
26
Comparison
7,183 $
11.64
(0.3%)
$23.75
4.47
0.17
6,512 $
10.42
(10.5%)
$27.26
4.46
0.17
$
6,075
9.72
6,461
10.25
6,880
10.80
7,218
11.21
7,409
11.36
7,651
11.62
8,249
12.38
28,500
0.8445%
241
0.38
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
10,326
67,321
74%
10,379
68,088
75%
10,469
68,551
75%
10,536
69,116
75%
10,602
69,685
75%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
4,178
40%
4,178
40%
4,178
40%
4,178
40%
4,178
39%
7,268 $
10.80
2.6%
7,529 $
11.06
2.4%
7,790 $
11.36
2.8%
8,449 $
12.22
7.6%
9,140
13.12
7.3%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$35.51
7.20
0.22
$33.78
8.39
0.22
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
8,565
12.72
8,876
13.04
9,273
13.53
9,616
13.91
10,301
14.78
$000
%
$000
/kWh

2015-2025
2026-2035
2015-2035
53,086 $
33,997 $
87,083
41,338
39,140
80,479
3,810
3,810
39,140
84,289
$000
/kWh
%
8,565 $
12.72
2.7%
8,876 $
13.04
2.5%
9,273 $
13.53
3.8%
9,616 $
13.91
2.9%
10,301
14.78
6.2%
45,148
$000
%
1,297 $
18%
1,347 $
18%
1,482 $
19%
1,167 $
14%
1,160
13%
(7,938) $
(15%)
5,143 $
15%
(2,795)
(3%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(0.8) or (16%)
6
5
4
3
2
1
0
2015

$(7.9)
2015-25 (10.5 Years)
- (15%)
15%
$5.1
2026-35 (10 Years)
(3%)
2015-35 (20.5 Years)
$(2.8)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$2.23 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
3% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Lumberton
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
45,943
147,072
73%
45,962
295,041
73%
45,987
294,537
73%
45,993
294,580
73%
46,016
294,799
73%
46,010
295,428
73%
46,033
294,893
73%
46,047
294,997
73%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
23,328
51%
23,328
51%
23,328
51%
23,328
51%
23,328
51%
23,328
51%
23,328
51%
23,328
51%
30,021 $
10.18
3.3%
31,000 $
10.53
3.4%
32,040 $
10.88
3.3%
33,256 $
11.28
3.7%
36,407 $
12.32
9.2%
36,291 $
12.31
(0.1%)
36,191
12.27
(0.3%)
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
11,788
8.01
$000
%
18
19
20
21

22
23
24

25
26
Comparison
14,484
9.85
$19.29
3.27
0.21
10,444
7.10
$20.04
3.40
0.18
$
28,500 $
4.7153%
1,344 $
0.91
21,596
7.32
$20.51
3.61
0.14
$
22,367
7.59
$20.80
3.80
0.15
$
23,133
7.85
$21.09
3.94
0.15
$
23,721
8.05
$21.22
4.00
0.16
$
23,996
8.12
$22.02
4.16
0.16
$
24,895
8.44
$23.37
4.30
0.16
$
26,083
8.84
57,000 $
4.7153%
2,688 $
0.91
57,000 $
4.7153%
2,688 $
0.91
57,000 $
4.7153%
2,688 $
0.91
57,000 $
4.7153%
2,688 $
0.91
57,000 $
4.7153%
2,688 $
0.91
57,000 $
4.7153%
2,688 $
0.91
57,000
4.7153%
2,688
0.91
24,283 $
8.23
2.7%
25,055 $
8.51
3.4%
25,820 $
8.77
3.0%
26,408 $
8.96
2.2%
26,684 $
9.03
0.8%
27,583 $
9.35
3.6%
28,771
9.75
4.3%
(2,696) $
(19%)
(5,738) $
(19%)
(5,946) $
(19%)
(6,220) $
(19%)
(6,847) $
(21%)
(9,723) $
(27%)
(8,708) $
(24%)
(7,420)
(21%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
46,067
295,167
73%
46,077
295,965
73%
46,119
295,640
73%
46,143
295,860
73%
46,166
296,062
73%
46,175
296,860
73%
46,219
296,558
73%
46,254
296,890
73%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
23,328
51%
23,328
51%
23,328
51%
23,328
51%
23,328
51%
23,328
51%
23,328
50%
23,328
50%
36,161 $
12.25
(0.1%)
31,796 $
10.74
(12.3%)
31,600 $
10.69
(0.5%)
28,288 $
9.56
(10.5%)
28,928 $
9.77
2.2%
29,733 $
10.02
2.5%
30,428 $
10.26
2.4%
30,720
10.35
0.8%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
$23.75
4.47
0.17
26,816
9.09
$27.26
4.46
0.17
$
28,763
9.72
$28.90
4.66
0.17
$
30,297
10.25
$32.25
4.60
0.18
$
31,988
10.81
$33.59
4.77
0.18
$
33,273
11.24
$33.50
4.98
0.19
$
33,886
11.41
$33.55
5.22
0.19
$
34,643
11.68
$33.68
5.97
0.19
$
37,008
12.47
57,000 $
4.7153%
2,688 $
0.91
57,000 $
4.7153%
2,688 $
0.91
29,504 $
10.00
2.5%
31,451 $
10.63
6.3%
31,641 $
10.70
0.7%
31,988 $
10.81
1.0%
33,273 $
11.24
3.9%
33,886 $
11.41
1.6%
34,643 $
11.68
2.3%
37,008
12.47
6.7%
(6,657) $
(18%)
(346) $
(1%)
42 $
0%
3,699 $
13%
4,344 $
15%
4,153 $
14%
4,215 $
14%
6,288
20%
28,500
4.7153%
1,344
0.45
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
46,281
297,132
73%
46,280
297,810
73%
46,299
297,219
73%
46,296
297,133
73%
46,293
297,048
73%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
23,328
50%
23,328
50%
23,328
50%
23,328
50%
23,328
50%
31,479 $
10.59
2.4%
32,286 $
10.84
2.3%
32,929 $
11.08
2.2%
35,863 $
12.07
8.9%
38,551
12.98
7.5%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
$34.30
6.21
0.20
$
38,095
12.82
$34.74
6.48
0.20
$
39,191
13.16
$35.15
6.87
0.21
$
40,587
13.66
$35.51
7.20
0.22
$
41,766
14.06

2015-2025
2026-2035
2015-2035
271,929 $
149,472 $
421,401
$33.78
8.39
0.22
$
44,354
14.93
$000
%
$000
/kWh
202,004
21,273
$000
/kWh
%
38,095 $
12.82
2.9%
39,191 $
13.16
2.6%
40,587 $
13.66
3.8%
41,766 $
14.06
2.9%
44,354
14.93
6.2%
223,276
$000
%
6,617 $
21%
6,905 $
21%
7,658 $
23%
5,903 $
16%
5,803
15%
(48,653) $
(18%)
175,159
175,159
377,162
21,273
398,435
25,687 $
17%
(22,966)
(5%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(5.4) or (19%)
6
5
4
3
2
1
0
2015

$(48.7) - (18%)
2015-25 (10.5 Years)
17%
$25.7 2026-35 (10 Years)
(5%)
2015-35 (20.5 Years)
$(23.0) -
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$13.41 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
5% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: New Bern

Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
77,556
234,890
69%
77,687
472,927
69%
77,995
473,759
69%
78,249
475,679
69%
78,529
478,300
70%
78,678
481,575
70%
79,082
483,360
70%
79,385
486,192
70%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
32,835
42%
32,835
42%
32,835
42%
32,835
42%
32,835
42%
32,835
42%
32,835
42%
32,835
41%
47,287 $
10.00
3.6%
49,174 $
10.38
3.8%
51,170 $
10.76
3.6%
53,101 $
11.10
3.2%
57,713 $
11.98
7.9%
57,902 $
11.98
(0.0%)
58,207
11.97
(0.1%)
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
19,055
8.11
$000
%
18
19
20
21

22
23
24

25
26
Comparison
22,661
9.65
$19.29
3.27
0.21
17,163
7.31
$20.04
3.40
0.18
$
28,500 $
6.6370%
1,892 $
0.81
35,581
7.52
$20.51
3.61
0.14
$
36,968
7.80
$20.80
3.80
0.15
$
38,348
8.06
$21.09
3.94
0.15
$
39,465
8.25
$21.22
4.00
0.16
$
40,053
8.32
$22.02
4.16
0.16
$
41,765
8.64
$23.37
4.30
0.16
$
43,969
9.04
57,000 $
6.6370%
3,783 $
0.80
57,000 $
6.6370%
3,783 $
0.80
57,000 $
6.6370%
3,783 $
0.80
57,000 $
6.6370%
3,783 $
0.79
57,000 $
6.6370%
3,783 $
0.79
57,000 $
6.6370%
3,783 $
0.78
57,000
6.6370%
3,783
0.78
39,364 $
8.32
2.6%
40,751 $
8.60
3.3%
42,131 $
8.86
3.0%
43,248 $
9.04
2.1%
43,836 $
9.10
0.7%
45,548 $
9.42
3.5%
47,752
9.82
4.2%
(3,606) $
(16%)
(7,923) $
(17%)
(8,423) $
(17%)
(9,039) $
(18%)
(9,853) $
(19%)
(13,877) $
(24%)
(12,354) $
(21%)
(10,455)
(18%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate

Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
79,727
489,428
70%
79,977
493,835
70%
80,452
496,391
70%
80,811
499,842
71%
81,177
503,375
71%
81,456
508,154
71%
81,957
510,985
71%
82,369
515,035
71%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
32,835
41%
32,835
41%
32,835
41%
32,835
41%
32,835
40%
32,835
40%
32,835
40%
32,835
40%
58,460 $
11.94
(0.2%)
53,207 $
10.77
(9.8%)
53,529 $
10.78
0.1%
49,804 $
9.96
(7.6%)
51,415 $
10.21
2.5%
53,007 $
10.43
2.1%
54,573 $
10.68
2.4%
56,120
10.90
2.0%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
$23.75
4.47
0.17
45,417
9.28
$27.26
4.46
0.17
$
49,005
9.92
$28.90
4.66
0.17
$
51,917
10.46
$32.25
4.60
0.18
$
55,147
11.03
$33.59
4.77
0.18
$
57,653
11.45
$33.50
4.98
0.19
$
58,975
11.61
$33.55
5.22
0.19
$
60,625
11.86
$33.68
5.97
0.19
$
65,061
12.63
57,000 $
6.6370%
3,783 $
0.77
57,000 $
6.6370%
3,783 $
0.77
49,201 $
10.05
2.4%
52,788 $
10.69
6.3%
53,809 $
10.84
1.4%
55,147 $
11.03
1.8%
57,653 $
11.45
3.8%
58,975 $
11.61
1.3%
60,625 $
11.86
2.2%
65,061
12.63
6.5%
(9,260) $
(16%)
(419) $
(1%)
280 $
1%
5,343 $
11%
6,238 $
12%
5,968 $
11%
6,052 $
11%
8,941
16%
28,500
6.6370%
1,892
0.38
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate

Units
2031
2032
2033
2034
2035
kW
MWh
%
82,744
518,684
72%
82,967
522,917
72%
83,350
524,445
72%
83,583
526,579
72%
83,817
528,720
72%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
32,835
40%
32,835
40%
32,835
39%
32,835
39%
32,835
39%
57,911 $
11.17
2.5%
59,739 $
11.42
2.3%
61,463 $
11.72
2.6%
66,305 $
12.59
7.4%
71,221
13.47
7.0%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
$34.30
6.21
0.20
$
67,305
12.98
$34.74
6.48
0.20
$
69,525
13.30
$35.15
6.87
0.21
$
72,314
13.79
$35.51
7.20
0.22
$
74,673
14.18

2015-2025
2026-2035
2015-2035
436,709 $
271,631 $
708,340
$33.78
8.39
0.22
$
79,521
15.04
$000
%
$000
/kWh
338,173
29,942
$000
/kWh
%
67,305 $
12.98
2.7%
69,525 $
13.30
2.5%
72,314 $
13.79
3.7%
74,673 $
14.18
2.8%
79,521
15.04
6.1%
368,115
$000
%
9,393 $
16%
9,786 $
16%
10,851 $
18%
8,368 $
13%
8,300
12%
(68,593) $
(16%)
308,273
308,273
646,446
29,942
676,388
36,641 $
13%
(31,952)
(5%)
5%
April 2015

16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(7.2) or (16%)
6
5
4
3
2
1
0
2015

$(68.6) - (16%)
2015-25 (10.5 Years)
13%
$36.6 2026-35 (10 Years)
(5%)
2015-35 (20.5 Years)
$(32.0) -
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$16.56 Million
2023
2025
2027
2029
2031
2033
2035
April 2015

16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
5% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Pikeville
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
1,619
4,433
63%
1,628
8,941
63%
1,629
8,940
63%
1,630
8,940
63%
1,633
8,951
63%
1,635
8,969
63%
1,635
8,958
63%
1,637
8,967
63%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
797
49%
797
49%
797
49%
797
49%
797
49%
797
49%
797
49%
797
49%
963 $
10.77
3.6%
999 $
11.17
3.8%
1,036 $
11.59
3.7%
1,078 $
12.05
4.0%
1,186 $
13.23
9.8%
1,183 $
13.21
(0.1%)
1,182
13.18
(0.2%)
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$23.37
4.30
0.16
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
342
7.71
$000
%
$000
/kWh
28,500 $
0.1611%
46 $
1.04
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
kW
%
$
461
10.39
$19.29
3.27
0.21
711
7.95
736
8.24
761
8.51
780
8.71
789
8.80
819
9.14
859
9.59
57,000 $
0.1611%
92 $
1.03
57,000 $
0.1611%
92 $
1.03
57,000 $
0.1611%
92 $
1.03
57,000 $
0.1611%
92 $
1.03
57,000 $
0.1611%
92 $
1.02
57,000 $
0.1611%
92 $
1.03
57,000
0.1611%
92
1.02
803 $
8.98
2.6%
828 $
9.26
3.2%
852 $
9.53
2.9%
872 $
9.74
2.1%
881 $
9.82
0.9%
911 $
10.17
3.5%
951
10.61
4.4%
(73) $
(16%)
(160) $
(17%)
(170) $
(17%)
(184) $
(18%)
(207) $
(19%)
(305) $
(26%)
(273) $
(23%)
(230)
(19%)
388
8.75
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
1,641
8,986
63%
1,645
9,023
63%
1,648
9,035
63%
1,653
9,069
63%
1,658
9,105
63%
1,665
9,170
63%
1,672
9,214
63%
1,681
9,283
63%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
797
49%
797
48%
797
48%
797
48%
797
48%
797
48%
797
48%
797
47%
1,182 $
13.16
(0.2%)
1,038 $
11.50
(12.6%)
1,034 $
11.45
(0.5%)
927 $
10.22
(10.7%)
951 $
10.45
2.2%
981 $
10.70
2.4%
1,008 $
10.94
2.2%
1,017
10.95
0.2%
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
$33.68
5.97
0.19
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
884
9.84
$000
%
$000
/kWh
57,000 $
0.1611%
92 $
1.02
57,000 $
0.1611%
92 $
1.02
$000
/kWh
%
976 $
10.86
2.4%
1,047 $
11.61
6.9%
1,055 $
11.67
0.6%
1,073 $
11.83
1.3%
1,119 $
12.29
3.9%
1,143 $
12.46
1.4%
1,171 $
12.71
2.0%
1,252
13.49
6.1%
$000
%
(206) $
(17%)
9 $
1%
20 $
2%
146 $
16%
168 $
18%
162 $
16%
164 $
16%
235
23%
18
19
20
21

22
23
24

25
26
Comparison
kW
%
$
$23.75
4.47
0.17
$27.26
4.46
0.17
$
955
10.59
$28.90
4.66
0.17
$
1,009
11.16
$32.25
4.60
0.18
$
1,073
11.83
1,119
12.29
1,143
12.46
1,171
12.71
1,252
13.49
28,500
0.1611%
46
0.51
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
1,689
9,349
63%
1,698
9,423
63%
1,704
9,463
63%
1,712
9,523
64%
1,720
9,583
64%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
797
47%
797
47%
797
47%
797
47%
797
46%
1,048 $
11.21
2.4%
1,081 $
11.47
2.3%
1,107 $
11.70
2.0%
1,213 $
12.74
8.9%
1,304
13.61
6.8%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$35.51
7.20
0.22
$33.78
8.39
0.22
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
kW
%
$
1,294
13.85
1,337
14.19
1,389
14.68
1,436
15.08
1,523
15.89
$000
%
$000
/kWh

2015-2025
2026-2035
2015-2035
8,822 $
4,974 $
13,795
6,659
5,946
12,605
727
727
7,386
5,946
13,332
$000
/kWh
%
1,294 $
13.85
2.7%
1,337 $
14.19
2.5%
1,389 $
14.68
3.4%
1,436 $
15.08
2.7%
1,523
15.89
5.4%
$000
%
246 $
23%
256 $
24%
282 $
25%
222 $
18%
218
17%
(1,435) $
(16%)
972 $
20%
(463)
(3%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(0.1) or (16%)
6
5
4
3
2
1
0
2015

$(1.4)
2015-25 (10.5 Years)
- (16%)
20%
$1.0
2026-35 (10 Years)
(3%)
2015-35 (20.5 Years)
$(0.5)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$0.53 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
3% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Red Springs

Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
5,746
18,417
73%
5,775
37,127
73%
5,790
37,212
73%
5,808
37,366
73%
5,830
37,567
74%
5,854
37,806
74%
5,868
37,890
74%
5,888
38,060
74%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
2,721
47%
2,721
47%
2,721
47%
2,721
47%
2,721
47%
2,721
46%
2,721
46%
2,721
46%
3,635 $
9.79
3.4%
3,771 $
10.13
3.5%
3,915 $
10.48
3.4%
4,072 $
10.84
3.4%
4,454 $
11.78
8.7%
4,455 $
11.76
(0.2%)
4,464
11.73
(0.2%)
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$23.37
4.30
0.16
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
1,307
7.10
$000
%
$000
/kWh
28,500 $
0.5500%
157 $
0.85
$000
/kWh
%
1,464
7.95
$000
%
18
19
20
21

22
23
24

25
26
Comparison
1,744
9.47
$19.29
3.27
0.21
2,715
7.31
2,821
7.58
2,928
7.84
3,014
8.02
3,062
8.10
3,186
8.41
3,350
8.80
57,000 $
0.5500%
314 $
0.84
57,000 $
0.5500%
314 $
0.84
57,000 $
0.5500%
314 $
0.84
57,000 $
0.5500%
314 $
0.83
57,000 $
0.5500%
314 $
0.83
57,000 $
0.5500%
314 $
0.83
57,000
0.5500%
314
0.82
3,029 $
8.16
2.6%
3,134 $
8.42
3.2%
3,241 $
8.67
3.0%
3,328 $
8.86
2.1%
3,376 $
8.93
0.8%
3,500 $
9.24
3.5%
3,664
9.63
4.2%
(280) $
(16%)
(606) $
(17%)
(636) $
(17%)
(674) $
(17%)
(744) $
(18%)
(1,078) $
(24%)
(955) $
(21%)
(800)
(18%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate

Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
5,910
38,246
74%
5,937
38,522
74%
5,954
38,643
74%
5,976
38,832
74%
5,997
39,014
74%
6,023
39,283
74%
6,039
39,394
74%
6,062
39,599
75%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
2,721
46%
2,721
46%
2,721
46%
2,721
46%
2,721
45%
2,721
45%
2,721
45%
2,721
45%
4,008 $
10.37
(0.3%)
3,662 $
9.43
(9.1%)
3,769 $
9.66
2.5%
3,891 $
9.90
2.5%
3,996 $
10.14
2.4%
4,087
10.32
1.7%
$28.90
4.66
0.17
$32.25
4.60
0.18
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
$33.68
5.97
0.19
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
3,458
9.04
$000
%
$000
/kWh
57,000 $
0.5500%
314 $
0.82
57,000 $
0.5500%
314 $
0.81
$000
/kWh
%
3,771 $
9.86
2.4%
4,037 $
10.48
6.3%
4,091 $
10.59
1.0%
4,167 $
10.73
1.4%
4,350 $
11.15
3.9%
4,449 $
11.32
1.6%
4,562 $
11.58
2.2%
4,893
12.36
6.7%
$000
%
(705) $
(16%)
30 $
1%
83 $
2%
506 $
14%
580 $
15%
558 $
14%
565 $
14%
805
20%
18
19
20
21

22
23
24

25
26
Comparison
4,476 $
11.70
(0.2%)
$23.75
4.47
0.17
4,008 $
10.40
(11.1%)
$27.26
4.46
0.17
$
3,724
9.67
3,935
10.18
4,167
10.73
4,350
11.15
4,449
11.32
4,562
11.58
4,893
12.36
28,500
0.5500%
157
0.41
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate

Units
2031
2032
2033
2034
2035
kW
MWh
%
6,083
39,779
75%
6,104
40,008
75%
6,113
40,032
75%
6,124
40,120
75%
6,136
40,209
75%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
2,721
45%
2,721
45%
2,721
45%
2,721
44%
2,721
44%
4,210 $
10.58
2.5%
4,341 $
10.85
2.5%
4,450 $
11.12
2.5%
4,826 $
12.03
8.2%
5,200
12.93
7.5%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$35.51
7.20
0.22
$33.78
8.39
0.22
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
5,053
12.70
5,218
13.04
5,415
13.53
5,585
13.92
5,951
14.80
$000
%
$000
/kWh

2015-2025
2026-2035
2015-2035
33,420 $
19,829 $
53,249
25,775
23,170
48,945
2,481
2,481
23,170
51,426
$000
/kWh
%
5,053 $
12.70
2.8%
5,218 $
13.04
2.7%
5,415 $
13.53
3.7%
5,585 $
13.92
2.9%
5,951
14.80
6.3%
28,256
$000
%
843 $
20%
876 $
20%
964 $
22%
759 $
16%
751
14%
(5,163) $
(15%)
3,341 $
17%
(1,823)
(3%)
5%
April 2015

16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(0.6) or (16%)
6
5
4
3
2
1
0
2015

$(5.2)
2015-25 (10.5 Years)
- (15%)
17%
$3.3
2026-35 (10 Years)
(3%)
2015-35 (20.5 Years)
$(1.8)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$1.51 Million
2023
2025
2027
2029
2031
2033
2035
April 2015

16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
3% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Robersonville
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
3,992
13,931
80%
3,997
27,971
80%
4,004
27,951
80%
4,010
27,996
80%
4,019
28,072
80%
4,024
28,179
80%
4,032
28,178
80%
4,040
28,242
80%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
2,096
53%
2,096
52%
2,096
52%
2,096
52%
2,096
52%
2,096
52%
2,096
52%
2,096
52%
2,692 $
9.62
3.2%
2,778 $
9.94
3.3%
2,871 $
10.25
3.2%
2,984 $
10.63
3.7%
3,271 $
11.61
9.2%
3,263 $
11.58
(0.2%)
3,257
11.53
(0.4%)
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$23.37
4.30
0.16
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
948
6.80
$000
%
$000
/kWh
28,500 $
0.4237%
121 $
0.87
$000
/kWh
%
1,068
7.67
$000
%
18
19
20
21

22
23
24

25
26
Comparison
1,300
9.33
$19.29
3.27
0.21
1,961
7.01
2,034
7.28
2,108
7.53
2,167
7.72
2,196
7.79
2,282
8.10
2,394
8.48
57,000 $
0.4237%
242 $
0.86
57,000 $
0.4237%
242 $
0.86
57,000 $
0.4237%
242 $
0.86
57,000 $
0.4237%
242 $
0.86
57,000 $
0.4237%
242 $
0.86
57,000 $
0.4237%
242 $
0.86
57,000
0.4237%
242
0.86
2,202 $
7.87
2.7%
2,275 $
8.14
3.4%
2,350 $
8.39
3.1%
2,408 $
8.58
2.2%
2,438 $
8.65
0.8%
2,524 $
8.96
3.5%
2,635
9.33
4.2%
(231) $
(18%)
(490) $
(18%)
(503) $
(18%)
(521) $
(18%)
(576) $
(19%)
(833) $
(25%)
(739) $
(23%)
(621)
(19%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
4,050
28,330
80%
4,061
28,491
80%
4,074
28,544
80%
4,086
28,652
80%
4,098
28,759
80%
4,110
28,935
80%
4,125
29,000
80%
4,139
29,137
80%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
2,096
52%
2,096
52%
2,096
51%
2,096
51%
2,096
51%
2,096
51%
2,096
51%
2,096
51%
2,634 $
9.16
2.3%
2,721 $
9.40
2.7%
2,798 $
9.65
2.6%
2,854
9.80
1.5%
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
$33.68
5.97
0.19
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
2,468
8.71
$000
%
$000
/kWh
57,000 $
0.4237%
242 $
0.85
57,000 $
0.4237%
242 $
0.85
$000
/kWh
%
2,710 $
9.56
2.5%
2,888 $
10.14
6.0%
2,915 $
10.21
0.7%
2,950 $
10.30
0.8%
3,076 $
10.70
3.9%
3,146 $
10.87
1.6%
3,229 $
11.13
2.4%
3,470
11.91
7.0%
$000
%
(550) $
(17%)
18 $
1%
57 $
2%
384 $
15%
442 $
17%
425 $
16%
431 $
15%
616
22%
18
19
20
21

22
23
24

25
26
Comparison
3,259 $
11.50
(0.2%)
$23.75
4.47
0.17
2,870 $
10.07
(12.4%)
$27.26
4.46
0.17
$
2,646
9.29
2,858 $
10.01
(0.6%)
$28.90
4.66
0.17
$
2,794
9.79
2,566 $
8.95
(10.6%)
$32.25
4.60
0.18
$
2,950
10.30
3,076
10.70
3,146
10.87
3,229
11.13
3,470
11.91
28,500
0.4237%
121
0.42
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
4,152
29,248
80%
4,160
29,389
81%
4,167
29,371
80%
4,171
29,402
80%
4,175
29,432
80%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
2,096
50%
2,096
50%
2,096
50%
2,096
50%
2,096
50%
2,938 $
10.04
2.5%
3,026 $
10.30
2.5%
3,099 $
10.55
2.5%
3,377 $
11.49
8.8%
3,654
12.41
8.1%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$35.51
7.20
0.22
$33.78
8.39
0.22
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
3,584
12.25
3,698
12.58
3,838
13.07
3,958
13.46
4,228
14.36
$000
%
$000
/kWh

2015-2025
2026-2035
2015-2035
24,441 $
13,863 $
38,303
18,480
16,416
34,896
1,911
1,911
16,416
36,807
$000
/kWh
%
3,584 $
12.25
2.9%
3,698 $
12.58
2.7%
3,838 $
13.07
3.9%
3,958 $
13.46
3.0%
4,228
14.36
6.7%
20,391
$000
%
646 $
22%
672 $
22%
739 $
24%
581 $
17%
574
16%
(4,049) $
(17%)
2,553 $
18%
(1,496)
(4%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(0.5) or (18%)
6
5
4
3
2
1
0
2015

$(4.0)
2015-25 (10.5 Years)
- (17%)
18%
$2.6
2026-35 (10 Years)
(4%)
2015-35 (20.5 Years)
$(1.5)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$1.32 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
4% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Rocky Mount

Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
102,872
356,771
79%
103,098
714,920
79%
103,233
713,731
79%
103,241
714,053
79%
103,162
714,518
79%
103,110
715,815
79%
103,143
714,724
79%
103,160
715,136
79%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
63,835
62%
63,835
62%
63,835
62%
63,835
62%
63,835
62%
63,835
62%
63,835
62%
63,835
62%
74,043 $
10.36
2.9%
76,083 $
10.66
2.9%
78,275 $
10.96
2.8%
81,473 $
11.40
4.0%
90,025 $
12.58
10.3%
89,488 $
12.52
(0.4%)
88,828
12.42
(0.8%)
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
28,019
7.85
57,693 $
8.07
2.8%
59,536 $
8.34
3.4%
61,369 $
8.59
3.0%
62,729 $
8.78
2.1%
63,366 $
8.85
0.8%
65,466 $
9.16
3.5%
68,212
9.54
4.1%
$000
%
(7,906) $
(22%)
(16,350) $
(22%)
(16,547) $
(22%)
(16,906) $
(22%)
(18,744) $
(23%)
(26,659) $
(30%)
(24,022) $
(27%)
(20,616)
(23%)
18
19
20
21

22
23
24

25
26
Comparison
35,925
10.07
$19.29
3.27
0.21
24,342
6.82
$20.04
3.40
0.18
$
50,339
7.04
$20.51
3.61
0.14
$
52,182
7.31
$20.80
3.80
0.15
$
54,015
7.56
$21.09
3.94
0.15
$
55,374
7.75
$21.22
4.00
0.16
$
56,011
7.82
$22.02
4.16
0.16
$
58,111
8.13
$23.37
4.30
0.16
$
60,858
8.51
28,500 $
57,000 $
57,000 $
57,000 $
57,000 $
57,000 $
57,000 $
57,000
12.9031%
12.9031%
12.9031%
12.9031%
12.9031%
12.9031%
12.9031%
12.9031%
$
3,677 $
7,355 $
7,355 $
7,355 $
7,355 $
7,355 $
7,355 $
7,355
1.03
1.03
1.03
1.03
1.03
1.03
1.03
1.03
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate

Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
103,200
716,088
79%
103,407
718,752
79%
103,495
719,163
79%
103,554
720,876
79%
103,640
722,707
80%
103,700
726,137
80%
103,812
727,236
80%
103,471
729,945
81%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
63,835
62%
63,835
62%
63,835
62%
63,835
62%
63,835
62%
63,835
62%
63,835
61%
63,835
62%
88,655 $
12.38
(0.3%)
75,774 $
10.54
(14.8%)
74,814 $
10.40
(1.3%)
64,833 $
8.99
(13.5%)
66,109 $
9.15
1.7%
68,226 $
9.40
2.7%
69,993 $
9.62
2.4%
70,027
9.59
(0.3%)
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
69,972 $
9.77
2.4%
74,428 $
10.36
6.0%
74,363 $
10.34
(0.1%)
74,505 $
10.34
(0.0%)
77,571 $
10.73
3.9%
79,169 $
10.90
1.6%
81,117 $
11.15
2.3%
86,847
11.90
6.7%
$000
%
(18,683) $
(21%)
(1,346) $
(2%)
(451) $
(1%)
9,672 $
15%
11,462 $
17%
10,943 $
16%
11,124 $
16%
16,820
24%
18
19
20
21

22
23
24

25
26
Comparison
$23.75
4.47
0.17
62,617
8.74
$27.26
4.46
0.17
$
67,074
9.33
$28.90
4.66
0.17
$
70,686
9.83
$32.25
4.60
0.18
$
74,505
10.34
$33.59
4.77
0.18
$
77,571
10.73
$33.50
4.98
0.19
$
79,169
10.90
$33.55
5.22
0.19
$
81,117
11.15
$33.68
5.97
0.19
$
86,847
11.90
57,000 $
57,000 $
28,500
12.9031%
12.9031%
12.9031%
$
7,355 $
7,355 $
3,677
1.03
1.02
0.51
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate

Units
2031
2032
2033
2034
2035
kW
MWh
%
103,519
732,128
81%
103,488
734,921
81%
103,460
734,292
81%
103,345
734,735
81%
103,229
735,179
81%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
63,835
62%
63,835
62%
63,835
62%
63,835
62%
63,835
62%
71,804 $
9.81
2.2%
73,706 $
10.03
2.3%
75,076 $
10.22
1.9%
82,733 $
11.26
10.1%
89,694
12.20
8.3%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
$34.30
6.21
0.20
$
89,538
12.23
$34.74
6.48
0.20
$
92,244
12.55
$35.15
6.87
0.21
$
95,663
13.03
$35.51
7.20
0.22
$
98,533
13.41

2015-2025
2026-2035
2015-2035
665,319 $
342,728 $ 1,008,047
$33.78
8.39
0.22
$
105,174
14.31
$000
%
$000
/kWh
471,343
58,211
529,555
$000
/kWh
%
89,538 $
12.23
2.8%
92,244 $
12.55
2.6%
95,663 $
13.03
3.8%
98,533 $
13.41
2.9%
105,174
14.31
6.7%
$000
%
17,734 $
25%
18,538 $
25%
20,587 $
27%
15,800 $
19%
15,481
17%
(135,764) $
(20%)
411,131
411,131
882,475
58,211
940,686
68,404 $
20%
(67,361)
(7%)
5%
April 2015

16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(15.8) or (22%)
6
5
4
3
2
1
0
2015

2015-25 (10.5 Years) $(135.8) - (20%)
20%
$68.4 2026-35 (10 Years)
(7%)
2015-35 (20.5 Years)
$(67.4) -
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021

Defeasance Annual Debt Responsibility
2023
2025
2027
2029
2031
$41.67 Million
$7.35 Million
2033
2035
April 2015

16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
7% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Scotland Neck

Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
4,721
15,423
75%
4,726
30,923
75%
4,734
30,874
74%
4,742
30,903
74%
4,752
30,946
74%
4,757
31,031
74%
4,767
30,993
74%
4,776
31,029
74%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
2,543
54%
2,543
54%
2,543
54%
2,543
54%
2,543
54%
2,543
53%
2,543
53%
2,543
53%
3,102 $
10.03
3.3%
3,202 $
10.37
3.4%
3,310 $
10.71
3.3%
3,444 $
11.13
3.9%
3,790 $
12.21
9.7%
3,777 $
12.19
(0.2%)
3,765
12.13
(0.4%)
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$23.37
4.30
0.16
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
1,084
7.03
$000
%
$000
/kWh
28,500 $
0.5140%
146 $
0.95
$000
/kWh
%
1,230
7.98
$000
%
18
19
20
21

22
23
24

25
26
Comparison
1,498
9.71
$19.29
3.27
0.21
2,241
7.25
2,323
7.52
2,406
7.79
2,470
7.98
2,501
8.06
2,598
8.38
2,725
8.78
57,000 $
0.5140%
293 $
0.95
57,000 $
0.5140%
293 $
0.95
57,000 $
0.5140%
293 $
0.95
57,000 $
0.5140%
293 $
0.95
57,000 $
0.5140%
293 $
0.94
57,000 $
0.5140%
293 $
0.95
57,000
0.5140%
293
0.94
2,534 $
8.20
2.7%
2,616 $
8.47
3.4%
2,699 $
8.73
3.1%
2,763 $
8.93
2.2%
2,794 $
9.00
0.8%
2,891 $
9.33
3.6%
3,018
9.73
4.3%
(268) $
(18%)
(568) $
(18%)
(586) $
(18%)
(611) $
(18%)
(681) $
(20%)
(995) $
(26%)
(886) $
(23%)
(747)
(20%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate

Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
4,789
31,092
74%
4,804
31,240
74%
4,824
31,271
74%
4,842
31,367
74%
4,861
31,468
74%
4,881
31,649
74%
4,905
31,708
74%
4,930
31,847
74%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
2,543
53%
2,543
53%
2,543
53%
2,543
53%
2,543
52%
2,543
52%
2,543
52%
2,543
52%
2,984 $
9.48
2.3%
3,082 $
9.74
2.7%
3,169 $
9.99
2.6%
3,210
10.08
0.9%
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
$33.68
5.97
0.19
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
2,807
9.03
$000
%
$000
/kWh
57,000 $
0.5140%
293 $
0.94
57,000 $
0.5140%
293 $
0.94
$000
/kWh
%
3,100 $
9.97
2.5%
3,310 $
10.59
6.3%
3,332 $
10.66
0.6%
3,372 $
10.75
0.9%
3,518 $
11.18
4.0%
3,596 $
11.36
1.6%
3,689 $
11.64
2.4%
3,957
12.43
6.8%
$000
%
(666) $
(18%)
23 $
1%
63 $
2%
463 $
16%
534 $
18%
513 $
17%
520 $
16%
747
23%
18
19
20
21

22
23
24

25
26
Comparison
3,766 $
12.11
(0.2%)
$23.75
4.47
0.17
3,287 $
10.52
(13.1%)
$27.26
4.46
0.17
$
3,017
9.66
3,269 $
10.45
(0.6%)
$28.90
4.66
0.17
$
3,186
10.19
2,909 $
9.27
(11.3%)
$32.25
4.60
0.18
$
3,372
10.75
3,518
11.18
3,596
11.36
3,689
11.64
3,957
12.43
28,500
0.5140%
146
0.47
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate

Units
2031
2032
2033
2034
2035
kW
MWh
%
4,951
31,961
74%
4,965
32,110
74%
4,977
32,087
74%
4,985
32,123
74%
4,994
32,159
74%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
2,543
51%
2,543
51%
2,543
51%
2,543
51%
2,543
51%
3,304 $
10.34
2.5%
3,401 $
10.59
2.5%
3,476 $
10.83
2.3%
3,802 $
11.83
9.2%
4,100
12.75
7.7%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$35.51
7.20
0.22
$33.78
8.39
0.22
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
4,087
12.79
4,215
13.13
4,373
13.63
4,507
14.03
4,794
14.91
$000
%
$000
/kWh

2015-2025
2026-2035
2015-2035
28,188 $
15,633 $
43,822
21,071
18,723
39,794
2,319
2,319
18,723
42,113
$000
/kWh
%
4,087 $
12.79
2.9%
4,215 $
13.13
2.7%
4,373 $
13.63
3.8%
4,507 $
14.03
3.0%
4,794
14.91
6.3%
23,390
$000
%
783 $
24%
814 $
24%
896 $
26%
705 $
19%
694
17%
(4,798) $
(17%)
3,090 $
20%
(1,709)
(4%)
5%
April 2015

16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(0.5) or (18%)
6
5
4
3
2
1
0
2015

$(4.8)
2015-25 (10.5 Years)
- (17%)
20%
$3.1
2026-35 (10 Years)
(4%)
2015-35 (20.5 Years)
$(1.7)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$1.50 Million
2023
2025
2027
2029
2031
2033
2035
April 2015

16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
4% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Selma
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
10,585
34,629
75%
10,668
70,403
75%
10,747
71,065
75%
10,804
71,695
76%
10,858
72,283
76%
10,902
72,988
76%
10,962
73,424
76%
11,014
74,001
77%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
4,537
43%
4,537
43%
4,537
42%
4,537
42%
4,537
42%
4,537
42%
4,537
41%
4,537
41%
6,659 $
9.46
3.2%
6,951 $
9.78
3.4%
7,248 $
10.11
3.4%
7,529 $
10.42
3.0%
8,184 $
11.21
7.6%
8,220 $
11.20
(0.2%)
8,274
11.18
(0.1%)
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$23.37
4.30
0.16
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
2,432
7.02
$000
%
$000
/kWh
28,500 $
0.9171%
261 $
0.75
$000
/kWh
%
2,693
7.78
$000
%
18
19
20
21

22
23
24

25
26
Comparison
3,173
9.16
$19.29
3.27
0.21
5,081
7.22
5,311
7.47
5,533
7.72
5,709
7.90
5,810
7.96
6,066
8.26
6,393
8.64
57,000 $
0.9171%
523 $
0.74
57,000 $
0.9171%
523 $
0.74
57,000 $
0.9171%
523 $
0.73
57,000 $
0.9171%
523 $
0.72
57,000 $
0.9171%
523 $
0.72
57,000 $
0.9171%
523 $
0.71
57,000
0.9171%
523
0.71
5,604 $
7.96
2.3%
5,834 $
8.21
3.1%
6,056 $
8.45
2.9%
6,231 $
8.62
2.1%
6,333 $
8.68
0.6%
6,589 $
8.97
3.4%
6,915
9.34
4.1%
(480) $
(15%)
(1,055) $
(16%)
(1,117) $
(16%)
(1,193) $
(16%)
(1,298) $
(17%)
(1,851) $
(23%)
(1,631) $
(20%)
(1,359)
(16%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Selma
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
11,073
74,652
77%
11,129
75,511
77%
11,204
76,120
78%
11,275
76,908
78%
11,348
77,727
78%
11,418
78,750
79%
11,504
79,489
79%
11,589
80,452
79%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
4,537
41%
4,537
41%
4,537
40%
4,537
40%
4,537
40%
4,537
40%
4,537
39%
4,537
39%
8,322 $
11.15
(0.3%)
7,618 $
10.09
(9.5%)
7,679 $
10.09
(0.0%)
7,191 $
9.35
(7.3%)
7,455 $
9.59
2.6%
7,723 $
9.81
2.3%
7,986 $
10.05
2.4%
8,307
10.33
2.8%
$23.75
4.47
0.17
$27.26
4.46
0.17
$28.90
4.66
0.17
$32.25
4.60
0.18
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
$33.68
5.97
0.19
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
6,617
8.86
$000
%
$000
/kWh
57,000 $
0.9171%
523 $
0.70
57,000 $
0.9171%
523 $
0.69
$000
/kWh
%
7,140 $
9.56
2.4%
7,656 $
10.14
6.0%
7,830 $
10.29
1.4%
8,036 $
10.45
1.6%
8,424 $
10.84
3.7%
8,655 $
10.99
1.4%
8,930 $
11.23
2.2%
9,647
11.99
6.7%
$000
%
(1,182) $
(14%)
39 $
1%
151 $
2%
846 $
12%
969 $
13%
932 $
12%
944 $
12%
1,339
16%
18
19
20
21

22
23
24

25
26
Comparison
7,134
9.45
7,568
9.94
8,036
10.45
8,424
10.84
8,655
10.99
8,930
11.23
9,647
11.99
28,500
0.9171%
261
0.34
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Selma
Units
2031
2032
2033
2034
2035
kW
MWh
%
11,673
81,392
80%
11,744
82,447
80%
11,823
83,085
80%
11,891
83,844
80%
11,960
84,610
81%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
4,537
39%
4,537
39%
4,537
38%
4,537
38%
4,537
38%
8,620 $
10.59
2.6%
8,949 $
10.85
2.5%
9,272 $
11.16
2.8%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
10,022
12.31
10,404
12.62
10,874
13.09
10,028 $
11.96
7.2%
$35.51
7.20
0.22
$
11,286
13.46
10,879
12.86
7.5%

2015-2025
2026-2035
2015-2035
61,959 $
40,255 $
102,214
$33.78
8.39
0.22
$
12,136
14.34
$000
%
$000
/kWh
48,910
45,819
94,729
4,137
4,137
45,819
98,866
$000
/kWh
%
10,022 $
12.31
2.7%
10,404 $
12.62
2.5%
10,874 $
13.09
3.7%
11,286 $
13.46
2.9%
12,136
14.34
6.6%
53,048
$000
%
1,402 $
16%
1,455 $
16%
1,602 $
17%
1,258 $
13%
1,257
12%
(8,912) $
(14%)
5,564 $
14%
(3,348)
(3%)
5%
April 2015
Participant: Selma
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(1.0) or (15%)
6
5
4
3
2
1
0
2015

$(8.9)
2015-25 (10.5 Years)
- (14%)
14%
$5.6
2026-35 (10 Years)
(3%)
2015-35 (20.5 Years)
$(3.3)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$2.11 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
Participant: Selma
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
Participant: Selma
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
3% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Smithfield
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
24,240
87,759
83%
24,329
176,805
83%
24,416
177,068
83%
24,477
177,550
83%
24,537
178,031
83%
24,583
178,812
83%
24,644
178,841
83%
24,699
179,259
83%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
11,196
46%
11,196
46%
11,196
46%
11,196
46%
11,196
46%
11,196
46%
11,196
45%
11,196
45%
16,402 $
9.28
3.2%
16,978 $
9.59
3.4%
17,580 $
9.90
3.3%
18,202 $
10.22
3.3%
19,754 $
11.05
8.0%
19,749 $
11.04
(0.0%)
19,775
11.03
(0.1%)
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
5,864
6.68
$000
%
$000
/kWh
28,500 $
2.2631%
645 $
0.73
57,000 $
2.2631%
1,290 $
0.73
57,000 $
2.2631%
1,290 $
0.73
57,000 $
2.2631%
1,290 $
0.73
57,000 $
2.2631%
1,290 $
0.72
57,000 $
2.2631%
1,290 $
0.72
57,000 $
2.2631%
1,290 $
0.72
57,000
2.2631%
1,290
0.72
$000
/kWh
%
6,509
7.42
13,458 $
7.61
2.6%
13,942 $
7.87
3.4%
14,423 $
8.12
3.2%
14,792 $
8.31
2.3%
14,983 $
8.38
0.8%
15,523 $
8.68
3.6%
16,220
9.05
4.2%
$000
%
(1,380) $
(17%)
(2,944) $
(18%)
(3,036) $
(18%)
(3,158) $
(18%)
(3,411) $
(19%)
(4,771) $
(24%)
(4,226) $
(21%)
(3,555)
(18%)
18
19
20
21

22
23
24

25
26
Comparison
7,889
8.99
$19.29
3.27
0.21
$20.04
3.40
0.18
$
12,168
6.88
$20.51
3.61
0.14
$
12,652
7.15
$20.80
3.80
0.15
$
13,133
7.40
$21.09
3.94
0.15
$
13,502
7.58
$21.22
4.00
0.16
$
13,693
7.66
$22.02
4.16
0.16
$
14,233
7.96
$23.37
4.30
0.16
$
14,930
8.33
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
24,763
179,769
83%
24,826
180,730
83%
24,912
180,998
83%
24,992
181,665
83%
25,074
182,342
83%
25,150
183,441
83%
25,250
183,830
83%
25,347
184,662
83%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
11,196
45%
11,196
45%
11,196
45%
11,196
45%
11,196
45%
11,196
45%
11,196
44%
11,196
44%
19,808 $
11.02
(0.1%)
17,876 $
9.89
(10.2%)
17,881 $
9.88
(0.1%)
16,464 $
9.06
(8.3%)
16,947 $
9.29
2.5%
17,481 $
9.53
2.5%
17,979 $
9.78
2.6%
18,529
10.03
2.6%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
$23.75
4.47
0.17
15,393
8.56
$27.26
4.46
0.17
$
16,481
9.12
$28.90
4.66
0.17
$
17,396
9.61
$32.25
4.60
0.18
$
18,348
10.10
$33.59
4.77
0.18
$
19,138
10.50
$33.50
4.98
0.19
$
19,579
10.67
$33.55
5.22
0.19
$
20,105
10.94
$33.68
5.97
0.19
$
21,635
11.72
57,000 $
2.2631%
1,290 $
0.72
57,000 $
2.2631%
1,290 $
0.71
16,683 $
9.28
2.6%
17,771 $
9.83
6.0%
18,041 $
9.97
1.4%
18,348 $
10.10
1.3%
19,138 $
10.50
3.9%
19,579 $
10.67
1.7%
20,105 $
10.94
2.5%
21,635
11.72
7.1%
(3,124) $
(16%)
(105) $
(1%)
160 $
1%
1,884 $
11%
2,191 $
13%
2,098 $
12%
2,127 $
12%
3,106
17%
28,500
2.2631%
645
0.36
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
25,438
185,433
83%
25,511
186,501
83%
25,589
186,679
83%
25,653
187,199
83%
25,718
187,721
83%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
11,196
44%
11,196
44%
11,196
44%
11,196
44%
11,196
44%
19,096 $
10.30
2.6%
19,700 $
10.56
2.6%
20,264 $
10.86
2.8%
21,907 $
11.70
7.8%
23,702
12.63
7.9%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
$34.30
6.21
0.20
$
22,357
12.06
$34.74
6.48
0.20
$
23,095
12.38
$35.15
6.87
0.21
$
24,019
12.87
$35.51
7.20
0.22
$
24,816
13.26

2015-2025
2026-2035
2015-2035
149,246 $
89,692 $
238,938
$33.78
8.39
0.22
$
26,596
14.17
$000
%
$000
/kWh
115,064
10,210
$000
/kWh
%
22,357 $
12.06
2.9%
23,095 $
12.38
2.7%
24,019 $
12.87
3.9%
24,816 $
13.26
3.0%
26,596
14.17
6.9%
125,273
$000
%
3,261 $
17%
3,395 $
17%
3,755 $
19%
2,910 $
13%
2,894
12%
(23,973) $
(16%)
102,473
102,473
217,536
10,210
227,746
12,781 $
14%
(11,192)
(5%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(2.8) or (17%)
6
5
4
3
2
1
0
2015

$(24.0) - (16%)
2015-25 (10.5 Years)
14%
$12.8 2026-35 (10 Years)
(5%)
2015-35 (20.5 Years)
$(11.2) -
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$5.21 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
5% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Southport
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
9,056
28,198
71%
9,120
56,812
71%
9,178
57,189
71%
9,226
57,500
71%
9,269
57,778
71%
9,301
57,989
71%
9,332
58,190
71%
9,357
58,352
71%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
3,644
40%
3,644
40%
3,644
40%
3,644
39%
3,644
39%
3,644
39%
3,644
39%
3,644
39%
5,444 $
9.58
3.9%
5,686 $
9.94
3.8%
5,933 $
10.32
3.8%
6,151 $
10.65
3.2%
6,661 $
11.49
7.9%
6,684 $
11.49
0.0%
6,718
11.51
0.2%
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
$23.37
4.30
0.16
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
2,031
7.20
$000
%
$000
/kWh
28,500 $
0.7366%
210 $
0.74
$000
/kWh
%
2,241
7.95
$000
%
18
19
20
21

22
23
24

25
26
Comparison
2,601
9.22
$19.29
3.27
0.21
4,223
7.43
4,404
7.70
4,577
7.96
4,712
8.16
4,779
8.24
4,978
8.55
5,229
8.96
57,000 $
0.7366%
420 $
0.74
57,000 $
0.7366%
420 $
0.73
57,000 $
0.7366%
420 $
0.73
57,000 $
0.7366%
420 $
0.73
57,000 $
0.7366%
420 $
0.72
57,000 $
0.7366%
420 $
0.72
57,000
0.7366%
420
0.72
4,643 $
8.17
2.8%
4,824 $
8.44
3.2%
4,997 $
8.69
3.0%
5,132 $
8.88
2.2%
5,199 $
8.97
0.9%
5,398 $
9.28
3.5%
5,649
9.68
4.4%
(360) $
(14%)
(801) $
(15%)
(862) $
(15%)
(935) $
(16%)
(1,019) $
(17%)
(1,462) $
(22%)
(1,286) $
(19%)
(1,069)
(16%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
9,379
58,496
71%
9,396
58,608
71%
9,417
58,740
71%
9,432
58,836
71%
9,445
58,916
71%
9,453
58,966
71%
9,467
59,053
71%
9,477
59,117
71%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
3,644
39%
3,644
39%
3,644
39%
3,644
39%
3,644
39%
3,644
39%
3,644
38%
3,644
38%
6,734 $
11.51
(0.0%)
6,154 $
10.50
(8.8%)
6,182 $
10.52
0.2%
5,767 $
9.80
(6.9%)
5,933 $
10.07
2.7%
6,082 $
10.32
2.4%
6,234 $
10.56
2.3%
6,388
10.81
2.3%
$23.75
4.47
0.17
$27.26
4.46
0.17
$28.90
4.66
0.17
$32.25
4.60
0.18
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
$33.68
5.97
0.19
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
5,385
9.21
$000
%
$000
/kWh
57,000 $
0.7366%
420 $
0.72
57,000 $
0.7366%
420 $
0.72
$000
/kWh
%
5,805 $
9.92
2.5%
6,204 $
10.59
6.7%
6,318 $
10.76
1.6%
6,460 $
10.98
2.1%
6,725 $
11.41
4.0%
6,844 $
11.61
1.7%
7,004 $
11.86
2.2%
7,477
12.65
6.6%
$000
%
(929) $
(14%)
51 $
1%
135 $
2%
693 $
12%
792 $
13%
761 $
13%
770 $
12%
1,089
17%
18
19
20
21

22
23
24

25
26
Comparison
5,785
9.87
6,108
10.40
6,460
10.98
6,725
11.41
6,844
11.61
7,004
11.86
7,477
12.65
28,500
0.7366%
210
0.36
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
9,485
59,165
71%
9,486
59,170
71%
9,490
59,198
71%
9,489
59,191
71%
9,488
59,185
71%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
3,644
38%
3,644
38%
3,644
38%
3,644
38%
3,644
38%
6,558 $
11.08
2.6%
6,726 $
11.37
2.6%
6,897 $
11.65
2.5%
7,409 $
12.52
7.4%
7,927
13.39
7.0%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$35.51
7.20
0.22
$33.78
8.39
0.22
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
7,697
13.01
7,908
13.36
8,197
13.85
8,434
14.25
8,944
15.11
$000
%
$000
/kWh

2015-2025
2026-2035
2015-2035
50,429 $
30,847 $
81,276
40,178
35,376
75,554
3,323
3,323
35,376
78,877
$000
/kWh
%
7,697 $
13.01
2.9%
7,908 $
13.36
2.7%
8,197 $
13.85
3.6%
8,434 $
14.25
2.9%
8,944
15.11
6.1%
43,501
$000
%
1,139 $
17%
1,182 $
18%
1,300 $
19%
1,024 $
14%
1,017
13%
(6,928) $
(14%)
4,530 $
15%
(2,399)
(3%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(0.7) or (14%)
6
5
4
3
2
1
0
2015

$(6.9)
2015-25 (10.5 Years)
- (14%)
15%
$4.5
2026-35 (10 Years)
(3%)
2015-35 (20.5 Years)
$(2.4)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$1.86 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
3% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Tarboro
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
26,670
120,724
103%
26,649
241,730
104%
26,644
240,995
103%
26,651
240,945
103%
26,671
240,998
103%
26,683
241,547
103%
26,707
241,028
103%
26,735
241,135
103%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
18,157
68%
18,157
68%
18,157
68%
18,157
68%
18,157
68%
18,157
68%
18,157
68%
18,157
68%
22,318 $
9.23
2.3%
22,793 $
9.46
2.4%
23,331 $
9.68
2.4%
24,236 $
10.06
3.9%
26,679 $
11.04
9.8%
26,493 $
10.99
(0.5%)
26,266
10.89
(0.9%)
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
7,295
6.04
$000
%
$000
/kWh
28,500 $
3.6701%
1,046 $
0.87
57,000 $
3.6701%
2,092 $
0.87
57,000 $
3.6701%
2,092 $
0.87
57,000 $
3.6701%
2,092 $
0.87
57,000 $
3.6701%
2,092 $
0.87
57,000 $
3.6701%
2,092 $
0.87
57,000 $
3.6701%
2,092 $
0.87
57,000
3.6701%
2,092
0.87
$000
/kWh
%
8,341
6.91
17,138 $
7.09
2.6%
17,690 $
7.34
3.5%
18,275 $
7.58
3.3%
18,713 $
7.76
2.4%
18,928 $
7.84
0.9%
19,555 $
8.11
3.5%
20,355
8.44
4.0%
$000
%
(2,554) $
(23%)
(5,180) $
(23%)
(5,103) $
(22%)
(5,056) $
(22%)
(5,524) $
(23%)
(7,751) $
(29%)
(6,938) $
(26%)
(5,911)
(23%)
18
19
20
21

22
23
24

25
26
Comparison
10,895
9.02
$19.29
3.27
0.21
$20.04
3.40
0.18
$
15,046
6.22
$20.51
3.61
0.14
$
15,598
6.47
$20.80
3.80
0.15
$
16,183
6.72
$21.09
3.94
0.15
$
16,621
6.90
$21.22
4.00
0.16
$
16,836
6.97
$22.02
4.16
0.16
$
17,463
7.25
$23.37
4.30
0.16
$
18,263
7.57
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
26,782
241,408
103%
26,840
242,361
103%
26,912
242,281
103%
26,982
242,769
103%
27,056
243,287
103%
27,135
244,449
103%
27,227
244,550
103%
27,325
245,292
102%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
18,157
68%
18,157
68%
18,157
67%
18,157
67%
18,157
67%
18,157
67%
18,157
67%
18,157
66%
26,214 $
10.86
(0.3%)
22,445 $
9.26
(14.7%)
22,125 $
9.13
(1.4%)
19,200 $
7.91
(13.4%)
19,608 $
8.06
1.9%
20,327 $
8.32
3.2%
20,935 $
8.56
2.9%
21,321
8.69
1.5%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
$23.75
4.47
0.17
18,827
7.80
$27.26
4.46
0.17
$
19,991
8.25
$28.90
4.66
0.17
$
21,055
8.69
$32.25
4.60
0.18
$
22,037
9.08
$33.59
4.77
0.18
$
22,955
9.44
$33.50
4.98
0.19
$
23,527
9.62
$33.55
5.22
0.19
$
24,185
9.89
$33.68
5.97
0.19
$
26,175
10.67
57,000 $
3.6701%
2,092 $
0.87
57,000 $
3.6701%
2,092 $
0.86
20,919 $
8.67
2.7%
22,083 $
9.11
5.2%
22,101 $
9.12
0.1%
22,037 $
9.08
(0.5%)
22,955 $
9.44
3.9%
23,527 $
9.62
2.0%
24,185 $
9.89
2.8%
26,175
10.67
7.9%
(5,296) $
(20%)
(362) $
(2%)
(24) $
(0%)
2,836 $
15%
3,348 $
17%
3,199 $
16%
3,250 $
16%
4,854
23%
28,500
3.6701%
1,046
0.43
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
27,408
245,895
102%
27,466
246,882
103%
27,507
246,528
102%
27,539
246,691
102%
27,571
246,853
102%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
18,157
66%
18,157
66%
18,157
66%
18,157
66%
18,157
66%
21,928 $
8.92
2.6%
22,602 $
9.16
2.7%
23,148 $
9.39
2.6%
25,474 $
10.33
10.0%
27,944
11.32
9.6%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
$34.30
6.21
0.20
$
27,043
11.00
$34.74
6.48
0.20
$
27,944
11.32
$35.15
6.87
0.21
$
29,068
11.79
$35.51
7.20
0.22
$
30,032
12.17

2015-2025
2026-2035
2015-2035
198,052 $
103,892 $
301,943
$33.78
8.39
0.22
$
32,441
13.14
$000
%
$000
/kWh
141,181
16,557
$000
/kWh
%
27,043 $
11.00
3.1%
27,944 $
11.32
2.9%
29,068 $
11.79
4.2%
30,032 $
12.17
3.2%
32,441
13.14
7.9%
157,739
$000
%
5,115 $
23%
5,342 $
24%
5,920 $
26%
4,558 $
18%
4,497
16%
(40,313) $
(20%)
123,720
123,720
264,901
16,557
281,459
19,828 $
19%
(20,485)
(7%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(5.1) or (23%)
6
5
4
3
2
1
0
2015

$(40.3) - (20%)
2015-25 (10.5 Years)
19%
$19.8 2026-35 (10 Years)
(7%)
2015-35 (20.5 Years)
$(20.5) -
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021

2023
2025
2027
2029
2031
$12.33 Million
$2.09 Million
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
7% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Wake Forest

Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
23,279
78,322
77%
24,282
159,923
75%
24,836
162,925
75%
25,337
165,945
75%
25,838
168,960
75%
26,283
172,004
75%
26,828
174,868
74%
27,325
177,848
74%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
5,589
24%
5,589
23%
5,589
23%
5,589
22%
5,589
22%
5,589
21%
5,589
21%
5,589
20%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
5,424
6.93
$000
%
$000
/kWh
28,500 $
1.1297%
322 $
0.41
57,000 $
1.1297%
644 $
0.40
57,000 $
1.1297%
644 $
0.40
57,000 $
1.1297%
644 $
0.39
57,000 $
1.1297%
644 $
0.38
57,000 $
1.1297%
644 $
0.37
57,000 $
1.1297%
644 $
0.37
57,000
1.1297%
644
0.36
$000
/kWh
%
5,746
7.34
12,198 $
7.63
4.0%
12,868 $
7.90
3.6%
13,532 $
8.15
3.2%
14,103 $
8.35
2.4%
14,487 $
8.42
0.9%
15,282 $
8.74
3.8%
16,247
9.14
4.5%
$000
%
(601) $
(9%)
(1,425) $
(10%)
(1,636) $
(11%)
(1,884) $
(12%)
(1,916) $
(12%)
(2,559) $
(15%)
(2,165) $
(12%)
(1,715)
(10%)
18
19
20
21

22
23
24

25
26
Comparison
6,347
8.10
$19.29
3.27
0.21
13,623 $
8.52
5.1%
$20.04
3.40
0.18
$
11,554
7.22
14,505 $
8.90
4.5%
$20.51
3.61
0.14
$
12,224
7.50
15,416 $
9.29
4.3%
$20.80
3.80
0.15
$
12,888
7.77
16,020 $
9.48
2.1%
$21.09
3.94
0.15
$
13,459
7.97
17,046 $
9.91
4.5%
$21.22
4.00
0.16
$
13,843
8.05
17,447 $
9.98
0.7%
$22.02
4.16
0.16
$
14,638
8.37
17,962
10.10
1.2%
$23.37
4.30
0.16
$
15,603
8.77
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate

Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
27,830
180,899
74%
28,288
184,110
74%
28,858
187,176
74%
29,376
190,352
74%
29,896
193,551
74%
30,362
196,885
74%
30,949
200,067
74%
31,484
203,402
74%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
5,589
20%
5,589
20%
5,589
19%
5,589
19%
5,589
19%
5,589
18%
5,589
18%
5,589
18%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
18,310 $
10.12
0.2%
$23.75
4.47
0.17
16,320
9.02
18,297 $
9.94
(1.8%)
$27.26
4.46
0.17
$
17,770
9.65
18,947 $
10.12
1.9%
$28.90
4.66
0.17
$
19,064
10.18
19,257 $
10.12
(0.1%)
$32.25
4.60
0.18
$
20,460
10.75
20,295 $
10.49
3.6%
$33.59
4.77
0.18
$
21,637
11.18
21,073 $
10.70
2.1%
$33.50
4.98
0.19
$
22,368
11.36
21,971 $
10.98
2.6%
$33.55
5.22
0.19
$
23,278
11.63
23,511
11.56
5.3%
$33.68
5.97
0.19
$
25,272
12.42
57,000 $
1.1297%
644 $
0.36
57,000 $
1.1297%
644 $
0.35
16,964 $
9.38
2.7%
18,414 $
10.00
6.7%
19,386 $
10.36
3.6%
20,460 $
10.75
3.8%
21,637 $
11.18
4.0%
22,368 $
11.36
1.6%
23,278 $
11.63
2.4%
25,272
12.42
6.8%
(1,346) $
(7%)
117 $
1%
439 $
2%
1,202 $
6%
1,342 $
7%
1,296 $
6%
1,306 $
6%
1,761
7%
28,500
1.1297%
322
0.17
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate

Units
2031
2032
2033
2034
2035
kW
MWh
%
32,014
206,692
74%
32,471
210,006
74%
33,047
213,029
74%
33,554
216,110
74%
34,069
219,235
73%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
5,589
17%
5,589
17%
5,589
17%
5,589
17%
5,589
16%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
24,598 $
11.90
3.0%
$34.30
6.21
0.20
$
26,426
12.79
25,686 $
12.23
2.8%
$34.74
6.48
0.20
$
27,568
13.13
26,965 $
12.66
3.5%
$35.15
6.87
0.21
$
29,032
13.63
28,695 $
13.28
4.9%
$35.51
7.20
0.22
$
30,327
14.03
30,987
14.13
6.4%

2015-2025
2026-2035
2015-2035
133,933 $
112,856 $
246,789
$33.78
8.39
0.22
$
32,695
14.91
$000
%
$000
/kWh
116,785
5,097
$000
/kWh
%
26,426 $
12.79
2.9%
27,568 $
13.13
2.7%
29,032 $
13.63
3.8%
30,327 $
14.03
3.0%
32,695
14.91
6.3%
121,881
$000
%
1,828 $
7%
1,882 $
7%
2,068 $
8%
1,632 $
6%
1,709
6%
(12,052) $
(9%)
120,307
120,307
237,092
5,097
242,188
7,451 $
7%
(4,601)
(2%)
5%
April 2015

16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(1.2) or (9%)
6
5
4
3
2
1
0
2015

2015-25 (10.5 Years) $(12.1)
- (9%)
7%
$7.5
2026-35 (10 Years)
2015-35 (20.5 Years)
- (2%)
$(4.6)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$1.89 Million
2023
2025
2027
2029
2031
2033
2035
April 2015

16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
2% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Washington
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
42,618
146,178
78%
42,892
294,672
78%
42,977
295,460
78%
43,161
296,911
79%
43,434
299,002
79%
43,737
301,296
79%
43,881
302,460
79%
44,116
304,270
79%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
20,220
47%
20,220
47%
20,220
47%
20,220
47%
20,220
47%
20,220
46%
20,220
46%
20,220
46%
28,373 $
9.63
3.3%
29,382 $
9.94
3.3%
30,483 $
10.27
3.2%
31,699 $
10.60
3.3%
34,593 $
11.48
8.3%
34,639 $
11.45
(0.3%)
34,761
11.42
(0.2%)
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
11,193
7.66
$000
%
18
19
20
21

22
23
24

25
26
Comparison
13,631
9.32
$19.29
3.27
0.21
10,028
6.86
$20.04
3.40
0.18
$
28,500 $
4.0871%
1,165 $
0.80
20,844
7.07
$20.51
3.61
0.14
$
21,661
7.33
$20.80
3.80
0.15
$
22,518
7.58
$21.09
3.94
0.15
$
23,239
7.77
$21.22
4.00
0.16
$
23,662
7.85
$22.02
4.16
0.16
$
24,653
8.15
$23.37
4.30
0.16
$
25,956
8.53
57,000 $
4.0871%
2,330 $
0.79
57,000 $
4.0871%
2,330 $
0.79
57,000 $
4.0871%
2,330 $
0.78
57,000 $
4.0871%
2,330 $
0.78
57,000 $
4.0871%
2,330 $
0.77
57,000 $
4.0871%
2,330 $
0.77
57,000
4.0871%
2,330
0.77
23,174 $
7.86
2.7%
23,991 $
8.12
3.3%
24,848 $
8.37
3.1%
25,569 $
8.55
2.2%
25,991 $
8.63
0.9%
26,983 $
8.92
3.4%
28,286
9.30
4.2%
(2,438) $
(18%)
(5,200) $
(18%)
(5,392) $
(18%)
(5,635) $
(18%)
(6,130) $
(19%)
(8,602) $
(25%)
(7,656) $
(22%)
(6,475)
(19%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
44,389
306,351
79%
44,759
309,122
79%
44,963
310,714
79%
45,240
312,817
79%
45,512
314,886
79%
45,885
317,674
79%
46,085
319,222
79%
46,396
321,563
79%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
20,220
46%
20,220
45%
20,220
45%
20,220
45%
20,220
44%
20,220
44%
20,220
44%
20,220
44%
34,915 $
11.40
(0.2%)
31,541 $
10.20
(10.5%)
31,617 $
10.18
(0.3%)
29,148 $
9.32
(8.4%)
30,086 $
9.55
2.5%
31,153 $
9.81
2.6%
32,071 $
10.05
2.4%
33,069
10.28
2.4%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
$23.75
4.47
0.17
26,856
8.77
$27.26
4.46
0.17
$
28,941
9.36
$28.90
4.66
0.17
$
30,626
9.86
$32.25
4.60
0.18
$
32,448
10.37
$33.59
4.77
0.18
$
33,941
10.78
$33.50
4.98
0.19
$
34,844
10.97
$33.55
5.22
0.19
$
35,814
11.22
$33.68
5.97
0.19
$
38,587
12.00
57,000 $
4.0871%
2,330 $
0.76
57,000 $
4.0871%
2,330 $
0.75
29,186 $
9.53
2.5%
31,270 $
10.12
6.2%
31,791 $
10.23
1.1%
32,448 $
10.37
1.4%
33,941 $
10.78
3.9%
34,844 $
10.97
1.8%
35,814 $
11.22
2.3%
38,587
12.00
7.0%
(5,729) $
(16%)
(271) $
(1%)
174 $
1%
3,300 $
11%
3,856 $
13%
3,691 $
12%
3,743 $
12%
5,518
17%
28,500
4.0871%
1,165
0.37
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Units
2031
2032
2033
2034
2035
kW
MWh
%
46,665
323,596
79%
46,972
325,895
79%
47,032
326,410
79%
47,157
327,388
79%
47,282
328,368
79%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
20,220
43%
20,220
43%
20,220
43%
20,220
43%
20,220
43%
34,150 $
10.55
2.6%
35,312 $
10.84
2.7%
36,269 $
11.11
2.5%
39,209 $
11.98
7.8%
42,322
12.89
7.6%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
$34.30
6.21
0.20
$
39,950
12.35
$34.74
6.48
0.20
$
41,356
12.69
$35.15
6.87
0.21
$
42,964
13.16
$35.51
7.20
0.22
$
44,377
13.55

2015-2025
2026-2035
2015-2035
260,744 $
160,010 $
420,754
$33.78
8.39
0.22
$
47,452
14.45
$000
%
$000
/kWh
199,114
18,439
$000
/kWh
%
39,950 $
12.35
2.9%
41,356 $
12.69
2.8%
42,964 $
13.16
3.7%
44,377 $
13.55
3.0%
47,452
14.45
6.6%
217,553
$000
%
5,799 $
17%
6,044 $
17%
6,695 $
18%
5,167 $
13%
5,130
12%
(43,191) $
(17%)
182,642
182,642
381,757
18,439
400,195
22,632 $
14%
(20,559)
(5%)
5%
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(4.9) or (18%)
6
5
4
3
2
1
0
2015

2015-25 (10.5 Years)
$(43.2) - (17%)
14%
$22.6 2026-35 (10 Years)
2015-35 (20.5 Years)
$(20.6) (5%)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021

2023
2025
2027
2029
2031
$15.32 Million
$2.33 Million
2033
2035
April 2015
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
5% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Wilson
Units
2015
(6 months)
2016
2017
2018
2019
2020
2021
2022
kW
MWh
%
148,481
652,476
100%
148,368
1,316,356
101%
149,937
1,321,903
101%
150,364
1,331,435
101%
151,406
1,340,048
101%
152,260
1,351,140
101%
153,921
1,353,781
100%
154,012
1,358,585
101%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$40.19
$42.65
$12.10
4.71
$41.43
$43.89
$14.54
4.71
$42.63
$45.09
$16.97
4.71
$43.96
$46.42
$19.41
4.71
$47.93
$50.39
$19.73
4.71
$58.94
$61.40
$19.89
4.71
$57.78
$60.24
$20.73
4.71
$56.01
$58.47
$22.15
4.71
kW
%
87,757
59%
87,757
59%
87,757
59%
87,757
58%
87,757
58%
87,757
58%
87,757
57%
87,757
57%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
$000
%
18
19
20
21

22
23
24

25
26
Comparison
57,558
8.82
$19.29
3.27
0.21
39,928
6.12
118,711 $
9.02
2.2%
122,330 $
9.25
2.6%
126,103 $
9.47
2.3%
131,180 $
9.79
3.4%
143,615 $
10.63
8.6%
143,579 $
10.61
(0.2%)
$20.04
3.40
0.18
$20.51
3.61
0.14
$20.80
3.80
0.15
$21.09
3.94
0.15
$21.22
4.00
0.16
$22.02
4.16
0.16
82,714
6.28
86,491
6.54
90,197
6.77
93,204
6.96
94,938
7.03
99,119
7.32
143,096
10.53
(0.7%)
$23.37
4.30
0.16
$
103,846
7.64
28,500 $
57,000 $
57,000 $
57,000 $
57,000 $
57,000 $
57,000 $
57,000
17.7385%
17.7385%
17.7385%
17.7385%
17.7385%
17.7385%
17.7385%
17.7385%
$
5,055 $
10,111 $
10,111 $
10,111 $
10,111 $
10,111 $
10,111 $
10,111
0.77
0.77
0.76
0.76
0.75
0.75
0.75
0.74
44,983
6.89
92,825 $
7.05
2.3%
96,602 $
7.31
3.6%
100,308 $
7.53
3.1%
103,315 $
7.71
2.3%
105,049 $
7.77
0.8%
109,230 $
8.07
3.8%
113,957
8.39
4.0%
(12,575) $
(22%)
(25,886) $
(22%)
(25,728) $
(21%)
(25,795) $
(20%)
(27,865) $
(21%)
(38,566) $
(27%)
(34,349) $
(24%)
(29,138)
(20%)
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Wilson
Units
2023
2024
2025
2026
2027
2028
2029
2030
kW
MWh
%
154,532
1,364,339
101%
154,679
1,369,896
101%
155,312
1,369,768
101%
154,745
1,371,306
101%
154,429
1,373,566
102%
154,245
1,384,331
102%
155,899
1,388,745
102%
155,646
1,396,847
102%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$55.47
$57.93
$22.55
4.71
$36.12
$38.58
$26.25
4.71
$33.72
$36.18
$27.99
4.71
$18.31
$20.77
$31.54
4.72
$17.25
$19.71
$32.96
4.90
$17.79
$20.25
$32.87
5.11
$17.56
$20.02
$32.94
5.36
$9.86
$12.32
$33.03
6.16
kW
%
87,757
57%
87,757
57%
87,757
57%
87,757
57%
87,757
57%
87,757
57%
87,757
56%
87,757
56%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
$000
%
$000
/kWh
$000
/kWh
%
117,415 $
8.61
2.6%
124,079 $
9.06
5.2%
125,188 $
9.14
0.9%
125,379 $
9.14
0.0%
130,279 $
9.48
3.7%
133,465 $
9.64
1.6%
137,857 $
9.93
3.0%
149,074
10.67
7.5%
$000
%
(25,837) $
(18%)
(2,074) $
(2%)
(46) $
(0%)
13,580 $
12%
16,019 $
14%
15,291 $
13%
15,533 $
13%
23,203
18%
18
19
20
21

22
23
24

25
26
Comparison
143,252 $
10.50
(0.3%)
126,152 $
9.21
(12.3%)
125,234 $
9.14
(0.7%)
111,799 $
8.15
(10.8%)
114,260 $
8.32
2.0%
118,174 $
8.54
2.6%
122,324 $
8.81
3.2%
$23.75
4.47
0.17
$27.26
4.46
0.17
$28.90
4.66
0.17
$32.25
4.60
0.18
$33.59
4.77
0.18
$33.50
4.98
0.19
$33.55
5.22
0.19
107,304
7.86
113,968
8.32
120,133
8.77
125,379
9.14
130,279
9.48
133,465
9.64
137,857
9.93
125,872
9.01
2.3%
$33.68
5.97
0.19
$
149,074
10.67
57,000 $
57,000 $
28,500
17.7385%
17.7385%
17.7385%
$
10,111 $
10,111 $
5,055
0.74
0.74
0.37
5%
April 2015

April 2015
Line
1
2
3

Billing Energy
4
5
6
7

Energy Rate
Participant: Wilson
Units
2031
2032
2033
2034
2035
kW
MWh
%
154,481
1,403,641
104%
153,116
1,412,215
105%
152,018
1,412,287
106%
150,722
1,415,316
107%
149,436
1,418,351
108%
$/kW-mo
$/kW-mo
$/kW-mo
/kWh
$9.23
$11.69
$33.70
6.41
$8.54
$11.00
$34.18
6.69
$6.21
$8.67
$34.53
7.10
$12.74
$15.20
$34.92
7.44
$12.12
$14.58
$33.24
8.56
kW
%
87,757
57%
87,757
57%
87,757
58%
87,757
58%
87,757
59%
8
9
Allocated Demand
10
11
12
AR Revenues
$000
/kWh
%
13
14
15

Demand Rate
Energy Rate
$/kW-mo
/kWh
/kWh
16
17
FR Revenues
$000
/kWh
18
19
20
21

22
23
24

25
26
Comparison
129,128 $
9.20
2.1%
132,690 $
9.40
2.1%
135,908 $
9.62
2.4%
147,546 $
10.42
8.3%
$34.30
6.21
0.20
$34.74
6.48
0.20
$35.15
6.87
0.21
$35.51
7.20
0.22
153,559
10.94
158,182
11.20
164,178
11.62
169,201
11.96
161,247
11.37
9.1%

2015-2025
2026-2035
2015-2035
1,074,950 $
606,670 $ 1,681,620
$33.78
8.39
0.22
$
182,754
12.88
$000
%
$000
/kWh
793,743
80,026
873,769
$000
/kWh
%
153,559 $
10.94
2.5%
158,182 $
11.20
2.4%
164,178 $
11.62
3.8%
169,201 $
11.96
2.8%
182,754
12.88
7.8%
$000
%
24,431 $
19%
25,492 $
19%
28,270 $
21%
21,655 $
15%
21,507
13%
(201,181) $
(19%)
701,382
701,382
1,495,125
80,026
1,575,151
94,712 $
16%
(106,469)
(6%)
5%
April 2015
Participant: Wilson
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7

(Annualized 2015):
$(25.1) or (22%)
6
5
4
3
2
1
0
2015

2015-25 (10.5 Years)
$(201.2) - (19%)
2026-35 (10 Years)
$94.7 - 16%
2015-35 (20.5 Years)
$(106.5) - (6%)
Average AR Charges
(Status Quo)
Average FR Charges
Average FR Charges
2017
2019
2021
$40.33 Million
2023
2025
2027
2029
2031
2033
2035
April 2015
Participant: Wilson
16
15

April 2015
14
13
12
Cents/kWh
11
10
9
8
7
6
5
4
3

1
0
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015
Participant: Wilson
30%
April 2015
20%
% Higher/Lower
10%
0%
-10%
-20%
-30%
6% Lower Charges
-40%
-50%
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
April 2015

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Commercially Sensitive Material

Load Forecast (Net of SEPA)

AR Rate Structure (Status Quo)

Total NCEMPA: All Participants

FR Rate Structure (After Sale)

Allocation of Defeasance Debt Service

Total FR Charges (Including Debt Service)

27 Present Value Discount Rate

GDS Associates, Inc.

Privileged and Confidential

Load Forecast (Net of SEPA)

AR Rate Structure (Status Quo)

Total NCEMPA: All Participants

FR Rate Structure (After Sale)

Allocation of Defeasance Debt Service

Total FR Charges (Including Debt Service)

27 Present Value Discount Rate

GDS Associates, Inc.

Privileged and Confidential

Load Forecast (Net of SEPA)

AR Rate Structure (Status Quo)

Total NCEMPA: All Participants

FR Rate Structure (After Sale)

Allocation of Defeasance Debt Service

Total FR Charges (Including Debt Service)

27 Present Value Discount Rate

GDS Associates, Inc.

Cumulative Present Value

996,248 $ 1,029,555 $ 1,071,174 $ 1,106,841 $ 1,185,047

Total NCEMPA: All Participants

Privileged and Confidential

Higher (Lower) Initial Rate Reduction - $Millions

CPV Higher (Lower) than Base Case - $Millions

GDS Associates, Inc.

Current Annual Debt Responsibility

Defeasance Annual Debt Responsibility $57.00 Million

Total NCEMPA: All Participants

Privileged and Confidential

Average FR Charges (Including Defeasance Debt Service)

* Average CP demands increased by the estimated load met by Qualified Generation

GDS Associates, Inc.

Total NCEMPA: All Participants

$508.8 Million Lower Charges

GDS Associates, Inc.

Privileged and Confidential

Load Forecast (Net of SEPA)

AR Rate Structure (Status Quo)

FR Rate Structure (After Sale)

Allocation of Defeasance Debt Service

Total FR Charges (Including Debt Service)

27 Present Value Discount Rate

GDS Associates, Inc.

Privileged and Confidential

Load Forecast (Net of SEPA)

AR Rate Structure (Status Quo)

FR Rate Structure (After Sale)

Allocation of Defeasance Debt Service

Total FR Charges (Including Debt Service)

27 Present Value Discount Rate

GDS Associates, Inc.

Privileged and Confidential