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Electric Commercial Retail Rates for peer utilities (selected for population size and meter counts, as well <br />as the two neighboring Coops and the one IOU) in the state of Minnesota are represented in the graph <br />below with ten years of history from 2014 to 2023. The rate is represented in cents per kWh and <br />compares the rates of peer utilities to ERMU. ERMU has consistently been near the top of the rates for <br />commercial. <br />16.00 <br />15.00 <br />F[K9I9, <br />13.00 <br />12.00 <br />05119I9, <br />10.00 <br />9.00 <br />8.00 <br />Commercial Retail Rates MN <br />Ten Year History <br />2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 <br />Elk River Alexandria Anoka Austin <br />Chaska Owatonna Shakopee Willmar <br />-Connexus Wright-Hennepin-Xcel <br />65 <br />