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Transmission Transformed Service Rate <br /> Minimum Bill: Charges for failure to meet minimum peak demand and load factor requirements shall be <br /> outlined in the contract between Customer and Utility. <br /> Power Factor Adjustment: Power factor adjustments may be made in the billing demand, when the <br /> power factor, as determined by test, at the time of the Customer's maximum use is less than 9895%. If <br /> the power factor, as measured by ERMU's electric department, is lower than 9895%,the monthly <br /> demand charge may be multiplied by the ratio 9895%divided by the measured power factor, or at <br /> ERMU's option, the power factor may be corrected at the Customer's expense. <br /> Billing and Terms of Payment: See ERMU Service Policies Policy(Billing Due Dates, and Penalties and <br /> Delinquent Notices.) <br /> Terms and Conditions: <br /> 1. Service shall comply with all applicable ERMU Policies and rules. <br /> 2. Extensions made for service under this schedule are subject to the provisions of ERMU's rules <br /> governing Extension of Service and Facilities. <br /> 3. Customer is responsible for any new charges or fees imposed by MISO or any new regulatory or <br /> legislative action that results in increased costs to provide power supply to Customer. <br /> 4. All rates in this electric rate schedule are subject to change with commission approval. <br /> 5. Exceptions by management approval only. <br /> Adopted December 14,2021April 13, 2021 <br /> Revised May 11,2021 <br /> Effective January 1, 2022May 11, 2021 <br /> Page 3 of 3 <br /> 109 <br />