4.02b EMRUSR 11-12-2024Elk River Municipal Utilities
Competitive Rate Comparisons
2014-2023 —
2018-2024 -
Electric
Water
61
Electric Residential Rates
Electric Residential Retail Rates for the state of Minnesota are represented in the graph below with ten
years of history from 2014 to 2023. All information is obtained from the EIA annual reports. The rate is
represented in cents per kWh and compares the minimum, maximum, 25t" percentile, 501" percentile,
and 75t" percentile (represented in the line graphs) to Elk River Municipal Utilities (represented in the
vertical bar graphs.) Since 2013 ERMU has been above the 75t" percentile with exception of 2020-2021
being slightly below the 75t" percentile.
22.00
20.00
18.00
16.00
14.00
12.00
10.00
8.00
6.00
4.00
2.00
0.00
Residential Retail Rates MN
Ten Year History
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Elk River Avg Max Min
75th percentile 50th percentile 25th percentile
Electric Residential Retail Rates for peer utilities (selected for population size and meter counts, as well
as the two neighboring Coops and the one IOU) in the state of Minnesota are represented in the graph
below with ten years of history from 2014 to 2023. The rate is represented in cents per kWh and
compares the rates of peer utilities to ERMU. Since 2018 ERMU has been moving from the top of the
rates to more the mid -range of rates.
12.00
11.00
10.00
9.00
Residential Retail Rates MN
Ten Year History
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Elk River Alexandria Anoka Austin
Chaska Owatonna Shakopee Willmar
-Connexus Wright-Hennepin®Xcel
63
Electric Commercial Rates
Electric Commercial Retail Rates for the state of Minnesota are represented in the graph below with ten
years of history from 2014 to 2023. All information is obtained from the EIA annual reports. The rate is
represented in cents per kWh and compares the minimum, maximum, 25t" percentile, 501" percentile,
and 75t" percentile (represented in the line graphs) to Elk River Municipal Utilities (represented in the
vertical bar graphs.) ERMU has consistently been just above the 75`" percentile.
30.00
28.00
26.00
24.00
22.00
20.00
18.00
16.00
14.00
12.00
10.00
8.00
6.00
4.00
2.00
0.00
Commercial Retail Rates MN
Ten Year History
0
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Elk River -Avg -Max -Min
75th percentile 50th percentile 25th percentile
Electric Commercial Retail Rates for peer utilities (selected for population size and meter counts, as well
as the two neighboring Coops and the one IOU) in the state of Minnesota are represented in the graph
below with ten years of history from 2014 to 2023. The rate is represented in cents per kWh and
compares the rates of peer utilities to ERMU. ERMU has consistently been near the top of the rates for
commercial.
16.00
15.00
F[K9I9,
13.00
12.00
05119I9,
10.00
9.00
8.00
Commercial Retail Rates MN
Ten Year History
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Elk River Alexandria Anoka Austin
Chaska Owatonna Shakopee Willmar
-Connexus Wright-Hennepin-Xcel
65
Electric Industrial Rates
Electric Industrial Retail Rates for the state of Minnesota are represented in the graph below with ten
years of history from 2014 to 2023. All information is obtained from the EIA annual reports. The rate is
represented in cents per kWh and compares the minimum, maximum, 251" percentile, 501" percentile,
and 751" percentile (represented in the line graphs) to Elk River Municipal Utilities (represented in the
vertical bar graphs.) ERMU has consistently been hovering around the 751" percentile with a drop to 251"
percentile in 2023.
20.00
OW9191
10.00
5.00
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Industrial Retail Rates MN
Ten Year History
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Elk River -Avg -Max -Min
75th percentile 50th percentile 25th percentile
Electric Industrial Retail Rates for peer utilities (selected for population size and meter counts, as well as
the two neighboring Coops and the one IOU) in the state of Minnesota are represented in the graph
below with ten years of history from 2014 to 2023. The rate is represented in cents per kWh and
compares the rates of peer utilities to ERMU. Since 2018 ERMU has moved from near the top of the
rates to the middle of the range for industrial.
11.00
10.00
9.00
8.00
7.00
Industrial Retail Rates MN
Ten Year History
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Elk River Alexandria Anoka
Chaska Owatonna Shakopee
-Connexus Wright -Hennepin --- Xcel
Austin
Willmar
67
Water Rate Tiers
The graph below compares the tiers charged by Metro Cities in the state of Minnesota, with information
gathered internally. The cities represented are St. Louis Park, Eden Prairie, Minnetonka, Maple Grove,
Lakeville, Plymouth, Bloomington, Burnsville, Woodbury, Apple Valley, Edina, Chaska, Shakopee, Anoka,
and Elk River. Some cities have four and five tiers, while ERMU only has three tiers. ERMU is below
average in the first tier, above average in the second, and equal to average in the third tier.
Tier Comparison with Metro Cities
$10.00
$9.00
$8.00
$7.00
$6.00
$5.00
$4.00
$3.00
$2.00
$1.00 - �-
$0.00
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Water Residential Rates
Water Residential Retail Rates for peer utilities (selected for population size and meter counts) in the
state of Minnesota are represented in the graph below with seven years of history from 2018 to 2024.
All information is obtained from the Advanced Engineering and Environmental Services (AE2S) annual
survey reports. The rate is represented as the charges for 6,000 gallons of residential water use per
month. ERMU has consistently been near the bottom of the rates. *Note Chaska did not submit survey
responses since 2022, so 2023-2024 is the same rate as 2022.
55.00
50.00
45.00
40.00
35.00
30.00
25.00
20.00
15.00
Residential Water Rates
Seven Year History
"-wo-
2018 2019 2020
2021
2022
2023
Elk River
Alexandria
Austin
Chaska*
Willmar
Owatonna
2024
Water Commercial Rates
Water Commercial Retail Rates for peer utilities (selected for population size and meter counts) in the
state of Minnesota are represented in the graph below with seven years of history from 2018 to 2024.
All information is obtained from the Advanced Engineering and Environmental Services (AE2S) annual
survey reports. The rate is represented as the charges for 18,000 gallons of commercial water use per
month. ERMU has consistently been near the bottom of the rates.
60.00
50.00
40.00
30.00
Commercial Water Rates
Seven Year History
2018 2019
Elk River
Owatonna
2020
2021
Alexandria
-Willmar
2022 2023
Austin
-Anoka
2024
70