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Investor Presentaiton

Ratepayer Costs Portfolio costs will flow to ratepayers through electricity rates. Meeting 100% renewables will result in incremental costs relative to 2020 rates. Average Monthly Bill Increase for Typical Residential Customer +$13/mo +$11/mo +$14/mo +$32/mo $116/mo +$11/mo ¢/kWh 35 55 +1.6-5.1¢ 30 +0.8-4.6¢ +1.2-4.1¢ +1.1-3.2¢ 25 23.2¢ TAXES 20 20 TRANSM. 15 POLICY DISTRIB 10 5 SUPPLY +4.4-10.6¢ Note: Current 2020 rates can provide a reference point for the magnitude of the 2030 rate impact of increasing RES to 100%. This does not imply the other rate components will be the same in 2030 as in 2020. 0 2020 Basic Residential Rate A-16 Market REC Purchases 1.100% Land- 2. 100% Based Wind Offshore Wind FIGURE 15: 2030 RATE IMPACTS OF 100% RENEWABLE ELECTRICITY Notes: Assumes typical residential customer consumes 500 kWh/mo. 3. 100% 4. 100% Retail Wholesale Solar Solar lili. 10
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