Summ Elec Prices 2012-05-14

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Electric Summary Sheet No. S-1

Effective Date 05/14/2012Issued Date 05/14/2012

HOW A CUSTOMER BILL IS CALCULATED

Schedule 7 is referred to on customer bills as one of the following Rates: 07-NFC-E 07E 17-NFC-E 17E

27-NFC-E 27E 37E 47E

BASIC CHARGE 7.49$

ENERGY CHARGE 1,000 kWh

First 600 kWh @ 0.088389$ 53.03$ Includes Energy Charge (Sch 7) and Low Income (Sch 129)

Remaining 400 kWh @ 0.106967$ 42.79$ Includes Energy Charge (Sch 7) and Low Income (Sch 129)

SUMMARY OF TOTAL CURRENT PRICES - ELECTRIC

7

RESIDENTIAL SERVICE

For a customer who used 1,000 kWh during one month (assuming 30 days of service).

.POWER COST ADJUSTMENT 1,000 kWh @ -$ -$FEDERAL WIND POWER CREDIT 1,000 kWh @ (0.000227)$ (0.23)$

ELECTRIC CONSERVATION PROGRAM CHARGE 1,000 kWh @ 0.004359$ 4.36$

MERGER CREDIT 1,000 kWh @ (0.000332)$ (0.33)$

REGULATORY ASSET TRACKER 1,000 kWh @ 0.000113$ 0.11$ Effective 03/01/2012 to 8/31/2012

RENEWABLE ENERGY CREDIT 1,000 kWh @ (0.000576)$ (0.58)$

ENERGY EXCHANGE CREDIT 1,000 kWh @ (0.006785)$ (6.79)$

Subtotal 99.86$City Tax (if any)

Total Bill99.86$

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HOW A CUSTOMER BILL IS CALCULATED

Schedules 25 & 11 are referred to on customer bills as one of the following Rates: 11E-C-DM 11E-C-KV 25E-C-DM 25E-C-KV25E-C-KC1

25E-I-DM 25E-I-KV 25E-L-DM 25E-L-KV

BASIC CHARGE 51.67$ 51.67$

DEMAND CHARGE 125 KW

WINTER


25

SMALL DEMAND GENERAL SERVICE

For a customer who used 30,000 kWh and 125 KW during one month (assuming 30 days of service). This example shows

both WINTER & SUMMER small demand general service rates.

SUMMER

First 50 KW @ -$ -$ -$ -$Remaining 75 KW @ 9.01$ 675.75$ 6.01$ 450.75$

ENERGY CHARGE 30,000 kWh

First 20,000 kWh @ 0.091725$ 1,834.50$ 0.083572$ 1,671.44$ Includes Energy Charge (Sch 25) and Low Income (Sch 129)

Remaining 10,000 kWh @ 0.066214$ 662.14$ 0.066214$ 662.14$ Includes Energy Charge (Sch 25) and Low Income (Sch 129)

POWER COST ADJUSTMENT 30,000 kWh @ -$ -$ -$ -$

FEDERAL WIND POWER CREDIT 30,000 kWh @ (0.000208)$ (6.24)$ (0.000208)$ (6.24)$

ELECTRIC CONSERVATION PROGRAM CHARGE 30,000 kWh @ 0.003852$ 115.56$ 0.003852$ 115.56$MERGER CREDIT 30,000 kWh @ (0.000229)$ (6.87)$ (0.000229)$ (6.87)$

REGULATORY ASSET TRACKER 30,000 kWh @ 0.000066$ 1.98$ 0.000066$ 1.98$ Effective 03/01/2012 to 8/31/2012

RENEWABLE ENERGY CREDIT 30,000 kWh @ (0.000473)$ (14.19)$ (0.000473)$ (14.19)$

Subtotal 3,314.30$ Subtotal 2,926.24$City Tax (if any) City Tax (if any)

Total Bill 3,314.30$ Total Bill 2,926.24$

* Monthly rates for Schedule 11 are identical to Schedule 25

ENERGY EXCHANGE CREDIT 30,000 kWh @ (0.006785)$ (203.55)$ (0.006785)$ (203.55)$

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Effective Date 05/14/2012

Issued Date 05/14/2012

RESIDENTIAL SERVICE

Schedule 7 is referred to on customer bills as one of the following Rates: 07-NFC-E 07E 17-NFC-E 17E

27-NFC-E 27E 37E 47E

BASIC CHARGE Single Phase 7.49$ Per Month SCH 7 Effective 5/14/2012

Three Phase 17.99$ Per Month SCH 7 Effective 5/14/2012FIRST OVER


Residential Rate Schedules

Used principally for domestic purposes with service delivered through one meter to a single-family unit. May include

limited incidental non-domestic use.

Rates in this summary include the effect of all supplemental rate schedules except Schedule 81, Municipal Tax Adjustment, where applicable. In case of discrepancy between data below and the rate

schedules, the latter have precedence. All rates shown are subject to adjustment by such other schedules in the company's tariff as may apply.

7

600 600

ENERGY CHARGE 0.087817$ 0.106395$ Per kWh SCH 7 Effective 5/14/2012LOW INCOME PROGRAM 0.000572$ 0.000572$ Per kWh SCH 129 Effective 10/1/2011

TOTAL ENERGY CHARGE 0.088389$ 0.106967$ Per kWh

POWER COST ADJUSTMENT CLAUSE SAME >>> -$ Per kWh SCH 95 Effective 11/1/2008

FEDERAL WIND POWER CREDIT SAME >>> (0.000227)$ Per kWh SCH 95A Effective 1/1/2012

CONSERVATION PROGRAM CHARGE SAME >>> 0.004359$ Per kWh SCH 120 Effective 5/1/2012MERGER CREDIT SAME >>> (0.000332)$ Per kWh SCH 132 Effective 1/1/2012

REGULATORY ASSET TRACKER SAME >>> 0.000113$ Per kWh SCH 133 Effective 03/01/2012 to 8/31/2012

RENEWABLE ENERGY CREDIT SAME >>> (0.000576)$ Per kWh SCH 137 Effective 5/14/2012ENERGY EXCHANGE CREDIT SAME >>> (0.006785)$ Per kWh SCH 194 Effective 10/1/2011

TOTAL PER KWH CHARGE 0.084941$ 0.103519$

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Schedules 24 & 8* are referred to on customer bills as one of the following Rates: 08E-C 08E-C-DM 08E-C-KV 24E-C 24E-C-DM

24E-C-KV 24E-I 24E-I-DM 24E-I-KV 24E-L

24E-L-DM

BASIC CHARGE Single Phase 9.66$ Per Month SCH 24 Effective 5/14/2012

Three Phase 24.55$ Per Month SCH 24 Effective 5/14/2012


Commercial, Industrial and Lighting Schedules

24 & 8*GENERAL SERVICEFor commercial or industrial customers with demand less than 50 KW. * Schedule 8 * (Residential & FarmGeneral Service)

Rates in this summary include the effect of all supplemental rate schedules except Schedule 81, Municipal Tax Adjustment, where applicable. In case of discrepancy between data below and the rate

schedules, the latter have precedence. All rates shown are subject to adjustment by such other schedules in the company's tariff as may apply.

OCT - MAR APR - SEP

ENERGY CHARGE 0.091386$ 0.088288$ Per kWh SCH 24 Effective 5/14/2012LOW INCOME PROGRAM 0.000536$ 0.000536$ Per kWh SCH 129 Effective 10/1/2011

TOTAL ENERGY CHARGE 0.091922$ 0.088824$ Per kWh

POWER COST ADJUSTMENT CLAUSE SAME >>> -$ Per kWh SCH 95 Effective 11/1/2008

FEDERAL WIND POWER CREDIT SAME >>> (0.000209)$ Per kWh SCH 95A Effective 1/1/2012

CONSERVATION PROGRAM CHARGE SAME >>> 0.003984$ Per kWh SCH 120 Effective 5/1/2012MERGER CREDIT SAME >>> (0.000272)$ Per kWh SCH 132 Effective 1/1/2012

REGULATORY ASSET TRACKER SAME >>> 0.000095$ Per kWh SCH 133 Effective 03/01/2012 to 8/31/2012RENEWABLE ENERGY CREDIT SAME >>> (0.000498)$ Per kWh SCH 137 Effective 5/14/2012

TOTAL PER KWH CHARGE 0.095022$ 0.091924$

* Monthly rates for Schedule 8 are identical to Schedule 24.

*ENERGY EXCHANGE CREDIT (0.006785)$ Per kWh SCH 194 Effective 10/1/2011

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Schedules 26 & 12 are referred to on customer bills as one of the following Rates: 12E-C-KV 26E-C-KV 26E-I-KV 26E-P-CK 26EC-KC1 26E-L-KV

BASIC CHARGE 104.46$ Per Month SCH 26 Effective 5/14/2012OCT - MAR APR - SEP

DEMAND CHARGE 8.94$ 5.96$ Per kW SCH 26 Effective 5/14/2012


26 & 12*LARGE DEMAND GENERAL SERVICE

For commercial or industrial customers with demand greater than 350 kW. * Schedule 12 (Residential &

Farm Large Demand General Service) *Monthly rates for Schedule 12 are identical to Schedule 26


Rates in this summary include the effect of all supplemental rate schedules except Schedule 81, Municipal Tax Adjustment, where applicable. In case of discrepancy between data below and the rate schedules,

the latter have precedence. All rates shown are subject to adjustment by such other schedules in the company's tariff as may apply.

ENERGY CHARGE 0.063642$ Per kWh SCH 26 Effective 5/14/2012LOW INCOME PROGRAM 0.000451$ Per kWh SCH 129 Effective 10/1/2011

TOTAL ENERGY CHARGE 0.064093$ Per kWh

POWER COST ADJUSTMENT CLAUSE -$ Per kWh SCH 95 Effective 11/1/2008

FEDERAL WIND POWER CREDIT (0.000196)$ Per kWh SCH 95A Effective 1/1/2012

CONSERVATION PROGRAM CHARGE 0.003704$ Per kWh SCH 120 Effective 5/1/2012MERGER CREDIT (0.000193)$ Per kWh SCH 132 Effective 1/1/2012

REGULATORY ASSET TRACKER 0.000076$ Per kWh SCH 133 Effective 03/01/2012 to 8/31/2012

RENEWABLE ENERGY CREDIT (0.000437)$ Per kWh SCH 137 Effective 5/14/2012

TOTAL PER KWH CHARGE 0.067047$

REACTIVE POWER 0.001240$ Per KVARH SCH 26 Effective 5/14/2012

ADJUSTMENTS TO SECONDARY VOLTAGE RATES (ABOVE) FOR DELIVERY AT PRIMARY VOLTAGE:

CUSTOMER CHARGE 235.05$ Per Month Effective 5/14/2012

DEMAND CHARGE 0.26$ Credit Per kW to all Demand Rates Effective 5/14/2012

ENERGY CHARGE 3.45% Reduction to all base rates Effective 5/14/2012

* Monthly rates for Schedule 12 are identical to Schedule 26*ENERGY EXCHANGE CREDIT (0.006785)$ Per kWh SCH 194 Effective 10/1/2011

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Schedules 31 & 10 are referred to on customer bills as one of the following Rates: 10E-C-DM 10E-C-KV 31E-C-DM 31E-C-KV 31E-I-DM 31E-I-KV

31EC-KC2 31EC-KC3 31EC-KC4 31EC-KC5 31EI-KC1

BASIC CHARGE 339.51$ Per Month SCH 31 Effective 5/14/2012

PRIMARY GENERAL SERVICE



31 & 10*For commercial or industrial customers with delivery at primary voltage (600 volts or higher). Customer

provides all transformation and facilities beyond the point of delivery. * Schedule 10 * (Residential &

Farm Primary General Service)



- -DEMAND CHARGE 8.64$ 5.76$ Per kW SCH 31 Effective 5/14/2012




FEDERAL WIND POWER CREDIT (0.000185)$ Per kWh SCH 95A Effective 1/1/2012


REGULATORY ASSET TRACKER 0.000075$ Per kWh SCH 133 Effective 03/01/2012 to 8/31/2012RENEWABLE ENERGY CREDIT (0.000445)$ Per kWh SCH 137 Effective 5/14/2012



* Monthly rates for Schedule 10 are identical to Schedule 31

*ENERGY EXCHANGE CREDIT (0.006785)$ Per kWh SCH 194 Effective 10/1/2011

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Schedule 35 is referred to on customer bills as one of the following Rates: 35E-KVAR

BASIC CHARGE 339.51$ Per Month SCH 35 Effective 5/14/2012OCT - MAR APR - SEP

DEMAND CHARGE 4.49$ 2.99$ Per kW SCH 35 Effective 5/14/2012



35PRIMARY SEASONAL IRRIGATION AND DRAINAGE PUMPING SERVICE

For irrigation and/or pumping on agricultural land used in the production of plant crops with delivery at primary voltage

(600 volts or higher). Customer provides all transformation and facilities beyond the point of delivery.

Rates in this summary include the effect of all supplemental rate schedules except Schedule 81, Municipal Tax Adjustment, where applicable. In case of discrepancy between data below and the rate schedules,the latter have precedence. All rates shown are subject to adjustment by such other schedules in the company's tariff as may apply.



POWER COST ADJUSTMENT CLAUSE -$ Per kWh SCH 95 Effective 11/1/2008FEDERAL WIND POWER CREDIT (0.000161)$ Per kWh SCH 95A Effective 1/1/2012



ENERGY EXCHANGE CREDIT (0.006785)$ Per kWh SCH 194 Effective 10/1/2011RENEWABLE ENERGY CREDIT (0.000256)$ Per kWh SCH 137 Effective 5/14/2012



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Schedule 43 is referred to on customer bills as one of the following Rates: 43E-DMD 43E-KVAR 43E-KC1 to 43E-KC-12

BASIC CHARGE 339.51$ Per Month SCH 43 Effective 5/14/2012DEMAND CHARGE 4.75$ Per kW SCH 43 Effective 5/14/2012

Plus KW of Critical Demand established in the preceding 11 mo.

3.89$ Per kW SCH 43 Effective 5/14/2012


Rates in this summary include the effect of all supplemental rate schedules except Schedule 81, Municipal Tax Adjustment, where applicable. In case of discrepancy between data below and

the rate schedules, the latter have precedence. All rates shown are subject to adjustment by such other schedules in the company's tariff as may apply.

43Delivered at primary voltage (600 volts or higher) and customer provides all transformation and facilities beyond the

point of delivery. This schedule is closed to new customers.

LIMITED INTERRUPTIBLE PRIMARY SERVICE ALL ELECTRIC SCHOOLS









REACTIVE POWER CHARGE 0.003000$ Per KVARH SCH 43 Effective 5/14/2012

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Schedule 46 is referred to on customer bills as one of the following Rates: 46E-C 46E-C-KV 46E-I 46E-I-KV

DEMAND CHARGE 2.09$ Per kVa SCH 46 Effective 5/14/2012

(Minimum demand 4400 KVA)


HIGH VOLTAGE INTERRUPTIBLE SERVICE


46For commercial and industrial customers with billing demands not less than 4,400 kVa who may be interrupted duringcertain hours of the day. Customer provides all transformation and facilities beyond the point of delivery with delivery

at high voltage (50,000 or higher).






FEDERAL WIND POWER CREDIT (0.000152)$ Per kWh SCH 95A Effective 1/1/2012CONSERVATION PROGRAM CHARGE 0.003314$ Per kWh SCH 120 Effective 5/1/2012

MERGER CREDIT (0.000152)$ Per kWh SCH 132 Effective 1/1/2012REGULATORY ASSET TRACKER 0.000061$ Per kWh SCH 133 Effective 03/01/2012 to 8/31/2012



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Schedule 49 is referred to on customer bills as one of the following Rates: 49E-C 49E-C-KV 49E-I 49E-I-KV

DEMAND CHARGE 3.70$ Per kVa SCH 49 Effective 5/14/2012(Minimum demand 4400 KVA)

ENERGY CHARGE 0.055562$ Per kWh SCH 49 Effective 5/14/2012


Rates in this summary include the effect of all supplemental rate schedules except Schedule 81, Municipal Tax Adjustment, where applicable. In case of discrepancy between data below

and the rate schedules, the latter have precedence. All rates shown are subject to adjustment by such other schedules in the company's tariff as may apply.

49For commercial or industrial customers with billing demands not less than 4,400 kVa. Delivered at high voltage(50,000 volts or higher) and the customer provides all transformation and facilities beyond the point of delivery.


HIGH VOLTAGE GENERAL SERVICE

.LOW INCOME PROGRAM 0.000357$ Per kWh SCH 129 Effective 10/1/2011

ENERGY CHARGE 0.055919$ Per kWh






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50-59

OUTDOOR LIGHTING SCHEDULES

40LARGE DEMAND GENERAL SERVICE GREATER THAN 3 aMWThis schedule applies to customers with over 3 average MW of load on a distribution feeder. Service under this

schedule is voluntary for three years after the date of approval of the original version of this schedule. See tariff

Schedule 40 for details of the charges.

Other Schedules

Rates in this summary include the effect of all supplemental rate schedules except Schedule 81, Municipal Tax Adjustment, where applicable. In case ofdiscrepancy between data below and the rate schedules, the latter have precedence. All rates shown are subject to adjustment by such other schedules inthe company's tariff as may apply.

These schedules provide incandescent, mercury vapor, metal halide, LED and sodium vapor street lighting service

Schedule 74 provides for conversions of existing overhead electric systems to underground.CONVERSION TO UNDERGROUND SERVICE FOR GOVERNMENT ENTITIES

74GENERAL RULES AND PROVISIONS

80 This schedule adopts the rules and regulations for electric service prescribed by the Washington Utilities andTransportation Commission as well as other operating rules of the company and provides for miscellaneouscharges. (i.e. Tax Adjustment, Application for Service, Billing, Return Check Charge, Discontinuance of Service, etc.)

Schedule 73 provides for conversions of existing overhead electric systems to underground.73

CONVERSION TO UNDERGROUND SERVICE FOR CUSTOMERS OTHER THAN

GOVERNMENT ENTITIES

a ong w ra c con ro g ng.

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Provides for services to reduce electrical energy usage in residential, commercial and industrial facilities.

Provides for adjustment of electric charges in those jurisdictions levying a tax on electric service.

83

Other Schedules


81TAX ADJUSTMENT SCHEDULE

SERVICE LINES (INSTALLATION)

ENERGY CONSERVATION SERVICE

COGENERATION AND SMALL POWER PRODUCTION

Schedule 85 provides for construction of new distribution systems and service lines.

91 Limited to qualifying facilities within the company's service area.

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GREEN ENERGY OPTION - PURCHASE RIDER

Available to all customers as an option designed to provide Customers an opportunity to purchase qualified

alternative energy resources. Customers may purchase an unlimited number of blocks of green energy at $2.00 each.

VOLUNTARY LOAD CURTAILMENT RIDER

93



Available to those customers taking service on schedules 49, 31, 26, 10, or 12 who have the ability to curtail 500 kW

or greater of demand for electric service at certain times when requested by the company.

Other Schedules

Available to customer generators taking service on schedules 7, 24, 25, and 29 who operate fuel cells or

hydroelectric, solar or wind power generators with a total capacity of no more than 25kW.

A block is equivalent to a 160 kWh purchase. Monthly minimum purchase is two blocks per month. Customers mayalternatively purchase green energy that is equal to 100% of their total monthly energy usage at a rate of $0.0125 per

kWh. A monthly charge applies in both cases.

Available to customers who wish to purchase 1,000,000 or more kWh per year of green energy under a service

agreement for a minimum term of one year. The rate is $0.006 per kWh in addition to a monthly charge.

150NET METERING SERVICES FOR CUSTOMER-GENERATOR SYSTEMS

136LARGE VOLUME GREEN ENERGY

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95AFEDERAL INCENTIVE TRACKER (Federal Wind Power Credit)This rate adjustment passes through the amount of the treasury grant credit that is available to PSE for generating electricity from wind

to customers.

120LOW INCOME PROGRAM

SUMMARY OF TOTAL CURRENT PRICES - ELECTRICSUPPLEMENTAL ELECTRIC SCHEDULES DESCRIPTIONS & APPLICATION:

This rate adjustment collects costs incurred for providing electricity conservation services.

ELECTRICITY CONSERVATION SERVICE RIDER (Electric Conservation Program Charge)

95POWER COST ADJUSTMENT CLAUSEThis rate adjustment reflects changes in power costs due to a variety of factors, including fluctuating costs of electricity in the wholesale

market and purchases of electric generation resources.

137TEMPORARY CUSTOMER CHARGE OR CREDIT (Renewable Energy Credit)This rate adjustment currently passes through a temporary credit from a portion of the proceeds of the sale of renewable energy credits.

The credit will be shown on customer bills as "Renewable Energy Credit".

133REGULATORY ASSET TRACKERThe purpose of this rate is to collect annual amortization for the Tenaska generating plant that is scheduled to end on December 31,

2011.

194

This rate adjustment collects costs incurred for providing low income services.

RESIDENTIAL AND FARM ENERGY EXCHANGE BENEFIT (Energy Exchange Credit)Under the Residential and Farm Energy Exchange agreement between Puget Sound Energy and the Bonneville Power Administration,

credits have been available for residential and small farm customers. Credits are automatically passed through to residential customers.

Farm customers must apply and qualify for the credit.

132 MERGER RATE CREDIT (Merger Credit)This rate adjustment passes through the rate credit made available following the merger completed in February 2009.

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Summ Elec Prices 2012-05-14