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SCHEDULE 1 -AVERAGE RETAIL UTILITY ENERGY RATE <br /> Average Retail Utility Energy Rate:Available to any Qualifying Facility of less than 40 kW capacity <br /> that does not select either Roll Over Credits,Simultaneous Purchase and Sale Billing or Time of Day <br /> rates. <br /> Utility shall bill Qualifying Facilities for any excess of energy supplied by Utility above energy <br /> supplied by the Qualifying Facility during each billing period according to Utility's applicable rate <br /> schedule. Utility shall pay the customer for the energy generated by the Qualifying Facility that <br /> exceeds that supplied by Utility during a billing period at the"average retail utility energy rate:' <br /> "Average retail utility energy rate" means,for any class of utility customer,the quotient of the total <br /> annual class revenue from sales of electricity minus the annual revenue resulting from fixed <br /> charges,divided by the annual class kilowatt-hour sales. Data from the most recent 12-month <br /> period available shall be used in the computation. <br /> "Average retail utility energy rates"are as follows: <br /> Customer Class 2025 Average Retail <br /> Utility Energy Rate <br /> Residential $0.1397/kWh <br /> Commercial Non-Demand $0.1273/kWh <br /> Commercial Demand $0.0824/kWh <br /> Large Industrial Demand $0.0813/kWh <br /> Starting January 2024,a monthly Grid Access Fee will be applied to all interconnection <br /> applications. Please refer to the Elk River Municipal Utilities Fee Schedule for the approved <br /> amounts. <br />