sch-23-2.rev.doc

ELECTRIC SERVICE SCHEDULE NO. 23 - Continued

Power Factor:
This rate is based on the Customer maintaining at all times a power factor of 85% lagging, or higher, as determined by measurement. If the average power factor is found to be less than 85% lagging, Customer will be billed for 3/4 of 1% of the Power recorded by the Company’s meter for every 1% that the power factor is less than 85%. This Power will be billed at the Power Rate stated in Electric Service Schedule No. 6.

Voltage Discount:
Where Customer takes service from Company's available lines of 2,300 volts or higher and provides and maintains all transformers and other necessary equipment, the voltage discount based on measured Energy will be:
0.3920¢ per kWh for all kWh.

Minimum Bill:
The Customer Service Charge.

POWER: The kW as shown by or computed from the readings of the Company’s Power meter for the 15-minute period of Customer’s greatest use during the month, determined to the nearest kW.

SEASONAL SERVICE: Service for annually recurring periods of seasonal use where service is normally discontinued or curtailed during a part of the year may be contracted for under this Schedule under either of the following conditions:

(a) Customer may contract for service under this Schedule on a year-round basis paying for all service, including transformer losses where applicable, under the rates set forth under "Monthly Bill" above including the monthly minimum bill during those months service is curtailed or is not utilized in the Customer's operations.

(b) Customer may contract for seasonal service under this Schedule with a net minimum seasonal payment as follows:

$168.00 plus Energy Charges for Customer taking service at less than 2,300 volts and
$504.00 plus Energy Charges for Customer taking service at 2,300 volts or higher.

CONTRACT PERIOD: One year or longer.

(Continued)

Fourth Revised Sheet No. 23.2
I.P.U.C. No. 28 Canceling Third Revised Sheet No. 23.2

Submitted Under Case No. PAC-E-05-1

ISSUED: January 14, 2005 EFFECTIVE: September 16, 2005