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CITY OF XXXX <br /> ELECTRIC RATE SCHEDULE—TRANSMISSION TRANSFORMED SERVICE <br /> Conditions of Service <br /> • Customer must take retail three-phase electric service at a transmission transformed voltage <br /> via a direct connection to one of City's distribution substations. <br /> • Customer must have a minimum annual peak demand of 5,000 kilowatts(kW). <br /> • Customer's annual load factor must be no less than 75%. <br /> • Customers that fail to meet the above criteria shall be moved to another electric rate schedule. <br /> • New customers not yet taking service must demonstrate that they are likely to meet the above <br /> criteria prior to taking service under this rate schedule. <br /> • Any Customer taking service under this electric rate schedule must acknowledge that this rate <br /> schedule contains market-based pricing that subjects the Customer to certain risks, including <br /> fluctuation in rates and prices set by the Midcontinent Independent System Operator(MISO). <br /> • Any Customer desiring to take service under this rate schedule must execute a contract with <br /> the Utility that commits to a minimum term of service, outlines the expected peak demand <br /> and load factor, agrees to the requirements for registering generation with MISO, and <br /> acknowledges the risks of market-based pricing. <br /> Billing Determinants <br /> Energy: Actual metered hourly usage <br /> Transmission Demand: Monthly maximum metered 15-minute Customer demand, adjusted for: <br /> • Applicable MISO zone transmission losses <br /> Capacity: Customer shall select one of the options below: <br /> • If Customer has its own generation,then the capacity billing determinant shall be the <br /> maximum metered 15-minute demand in excess of Customer's registered generation in a <br /> given month. To qualify for the billing determinant in the preceding sentence, Customer's <br /> generation must be registered with MISO and comply with all MISO requirements for <br /> capacity resources. <br /> • If Customer does not have its own generation, or if Customer fails to register its generation <br /> with MISO or fails to comply with all MISO requirements for capacity resources, then the <br /> capacity billing determinant shall be monthly maximum metered 15-minute Customer <br /> demand. <br /> Rates <br /> The following charges shall apply to all energy quantities: <br /> • MISO Real-Time Locational Marginal Price at the applicable MISO Node <br /> • All applicable MISO Ancillary Services Charges <br /> • MISO Multi-Value Project Charges <br /> • A charge of 0.1 cents per kWh for the cost of compliance with the State of Minnesota's <br /> Renewable Energy Standard <br /> 216 <br />