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Investor Presentaiton

WHOLESALE REFORMS Benefit-Cost Analysis Results Our benefit-cost analysis indicates that South Carolina customers can save up to $360 million per year if the state participated in a regional wholesale market We estimated benefits and costs for participation in a range of potential market options, from a joint dispatch agreement (JDA), similar to the Duke JDA in operation today, to a combined day- ahead and real-time regional market, as exist in the RTO regions of the country Units Carolinas JDA $ MIn/year Southeast EIM $ MIn/year Operational Savings $10-$13 $22-$27 Investment Cost Savings Administrative Costs Annual Net Benefits N/A $2-$4 $6-$11 N/A $2-$5 $17-$25 Southeast RTO $ MIn/year $87-$106 $94-$117 $36-$66 $115-$187 Integrate w/ PJM $ MIn/year $163-$200 $158-$198 $36 - $40 $281-$362
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