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>L*' 1 <br /> Elk River <br /> Municipal Utilitie s <br /> 322 King Avenue phone: 763.441.2020 <br /> Elk River, MN 55330 Far:763 441 8099 <br /> May 5, 2003 <br /> To: Elk River Municipal Utilities Commission <br /> John Dietz <br /> Jerry Takle <br /> James Tralle <br /> From: Bryan C. Adams <br /> Subject: APPA Electric Rate Study <br /> American Public Power Association (APPA), on an annual basis completes its electric <br /> rate survey. Our state association, Minnesota Municipal Utilities Association (MWJA), <br /> also does an electric rate survey in the fall. Attached for your reference is the APPA <br /> survey reflecting Average Revenue per kWh. The table below summarized the APPA <br /> data. <br /> Average 1S( 2"d 3rd j R <br /> Rate Quartile Quartile Quartile Rate <br /> MN Municipals <br /> Residential 6.7$ 5.7$ 6.7$ 7.5¢ .9$ <br /> Commercial 6.5¢ 5.6¢ 6.5$ 7.3¢ 6.8¢ <br /> Industrial 5.5$ 4.8¢ 5.4$ 6.3¢ 61 7¢ <br /> MN Investor Owned <br /> Residential 7.8$ 7.0$ 8.1$ 8.6$ 49$ <br /> Commercial 6.8$ 6.1¢ 6.2$ 7.2$ 6L8$ <br /> Industrial 3.6$ 3.9¢ 4.1$ 4.4¢ 0$ <br /> MN Cooperatives <br /> Residential 7.4$ 6.8¢ 7.3$ 7.9¢ 6 9¢ <br /> Commercial 6.6$ 5.8$ 6.4$ 7.2$ 6;8¢ <br /> Industrial 4.7$ 3.9$ 4.4¢ 5.2¢ 6,70 <br /> The 2001 year end ERMU sale report reflects the following average revenue. <br /> Residential 51,001,198 kWh @ $3,879,491 = 7.6 $/kWh <br /> Commercial 18,224,352 kWh @ $1,234,361 = 6.77¢/kWh <br /> Industrial 68,392,061 kWh @ $4,216,488 =6.16¢/kWh <br />