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. ..,,, <br /> 16 <br /> Elk River <br /> I Municipal Utilities <br /> 13069 Orono Parkway phone: 763.441.2020 <br /> I <br /> Elk River,MN 55330 Fax 763 441 8099 <br /> November 21, 2005 <br /> I <br /> lo: Elk River Municipal Utilities Commission <br /> 1 Jerry Takle <br /> John Dietz <br /> Jing Tralle <br /> IFrom. Bryan Adams <br /> I <br /> Subject: Proposed 2006 Electric & Water Rates <br /> IGreat River Energy's wholesale electric rate increase of approximately 2.51% increases <br /> our annual power costs by $251,000. This is the minimum retail rate increase we need to <br /> maintain our budget assumptions. The attached marked up tariff sheets reflect an over all <br /> increase of 2.3% or $346,000. <br /> In summary, the proposed major changes are as follows: <br /> ELECTRIC Winter Summer <br /> Residential from $0.0727 from $.0872 <br /> Ikwh increase $ 0.00132 to $0.07402 to $ .08922 <br /> I <br /> Commercial <br /> Lfrom $0.063 from 50.0849 <br /> wh increase $ 0.00132 to $0.06:2 to 50.08622 <br /> I Demand <br /> Power From $8.50 from $1 1.25 <br /> to $9.25 to $13 00 <br /> IEnergy from $0.0418 from $ 04 I 8 <br /> to $ 0.0406 to $.0406 <br /> IElectric connect fees remained unchanged. <br /> EI. xcel Energy has requested an 8.05% rate increase from the N.1131IC. The MP[IC has <br /> allowed a 6.9% increase on an interim basis. Connexus Energy is proposing an <br /> approximate 4.5% rate increase for 2006. <br /> I <br />