Investor Presentaiton

Average retail price comparison Small and Large Industrial - Summer 2019 Industrial Electric Service Prices 1,000 kW peak demand and 400,000 kWh monthly consumption (Prices in cents per kWh) PGE - Sch 85 Primary (OR) EEI U.S. Average 7.7 9.8 Large Industrial Electric Service Prices 50,000 kW peak demand and 32,500,000 kWh monthly consumption (Prices in cents per kWh) PGE -89 Subtrans (OR) EEI U.S. Average 6.1 7.9 Avista (WA) 9.2 Avista (WA) 5.8 IdaCorp (ID) 6.7 IdaCorp (ID) NW Energy (MT) 8.4 NW Energy (MT) Black Hills Energy (WY) Black Hills Energy (WY) 7.4 7.2 NV Energy (NV) NV Energy (NV) PacifiCorp (OR) 7.4 PacifiCorp (OR) 6.0 Arizona Public Service (AZ) 9.8 Arizona Public Service (AZ) 5.5 OG&E Energy (OK) 5.1 Kansas City Power & Light (KS) OG&E Energy (OK) Kansas City Power & Light (KS) 3.8 7.7 Westar Energy-KGE (KS) 8.4 0.0 2.0 4.0 6.0 8.0 10.0 Westar Energy-KGE (KS) 6.8 0.0 2.0 4.0 6.0 8.0 30 • Notes: This average is based on Investor-owned utilities only EEI U.S. Average is based on Investor-owned utilities only Source: EEI Typical Bills and Average Rates Report for Prices in effect Jul. 1, 2019 PGE

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