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5.2o ERMU 12-12-2023Elk Municipal Utilities RESIDENTIAL ELECTRIC SERVICE RATE Available: Within Elk River Municipal Utilities (ERMU) established service territory. Applicable: To single-family residences and individually metered apartments for all domestic purposes when all service is supplied through a single meter, provided ratings of individual single-phase motors do not exceed five (5) horsepower. Character of Service: AC, 60 cycles, 120/240 volt, three wire, single-phase. Special Conditions: Residential service to a multiple dwelling or apartment house through a single meter is allowed for existing services only. Service under this rate schedule shall not be sub -metered and resold to the individual tenants on the basis of usage and the cost of electric service to the tenant must be furnished without specific charge or price which varies with the quantity of energy used. Any apartment or dwelling unit which has separate permanent kitchen facilities shall be considered as one single family private residence. Meter equipment must be accessible to our service department at any time. Residential Electric Service Rate: Basic Monthly Electric Charge: $15.00 per month Summer Winter $0.13734 / kWh / month $0.12548 / kWh / month Summer Rate: Applicable during the five monthly billing periods of June — October. Winter Rate: Applicable during the seven monthly billing periods of November— May. Rates are subject to application of Power Cost Adjustment (PCA). Federal, state, and local taxes may apply. Minimum Bill: Basic Monthly Electric Charge. Billing and Terms of Payment: See ERMU Service Policies Policy (Billing Due Dates, and Penalties and Delinquent Notices.) Page 1 of 2 119 Residential Electric Service Rate Terms and Conditions: 1. Usage may be fractionalized on the actual days of service for application of a change in rate or changing from summer to winter or from winter to summer rates. 2. Service will be furnished pursuant to ERMU's rules. 3. Extensions made for service under this schedule are subject to the provisions of ERMU's rules governing Extension of Service and Facilities. 4. The rates set forth herein may be modified by the amount of any governmental changes imposed and levied on transmission, distribution, production, or the sale of electrical power. 5. Exceptions by management approval only. Adopted noc;tzi: beP 12 'n" December 12, 2023 Effective j@RH@Fy1, 2Q22 January 1, 2024 Page 2 of 2 120