Customer Charge or Minimum Bill. Total Average Annual Bill (9 Dth) Total Volumetric Rate*

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1 Residential Gas Rates for Wyoming Regulated Utilities Gas Rates are in effect as of: 11/03/17 Estimates of Seasonal Bills (illustrational purposes only) Customer Charge or Minimum Bill Total Volumetric Rate* Total Average Annual Bill (9 Dth) Total Winter Bill (20 Dth) Utility Effective Date Major Service Locations ($/Month) ($/Dth) ($/Month) ($/Month) Black Hills Energy - Cheyenne August 1, 2017 Cheyenne Black Hills Northwest Gas Utility Company, LLC May 1, 2017 Cody Frannie Deaver Utilities October 1, 2017 Deaver Lower Valley Energy, Natural Gas January 15, 2017 Jackson, Afton Lower Valley Energy, Propane May 1, 2012 Jackson Black Hills Energy - Northeast September 1, 2017 Sundance, Newcastle Montana-Dakota Utilities October 1, 2017 Sheridan, Buffalo, Powell Pinedale Natural Gas Company September 28, 2017 Pinedale Questar Gas Company GS Rate November 1, 2017 Evanston, Green River, Rock Springs ** BHE - SourceGas (Casper) September 1, 2017 Casper, Laramie, Rawlins, Lander ** BHE - SourceGas (Gillette) September 1, 2017 Gillette ** BHE - SourceGas (Torrington) September 1, 2017 Torrington, Douglas, Lusk, Wheatland Town of Walden November 1, 2017 Southern Albany County Wyoming Gas Company October 1, 2017 Worland, Thermopolis, Basin Statewide Low $ $66.51 $32.68 Statewide High $ $ $ Statewide Mean $ $ $79.28 Statewide Median $ $68.95 Estimated bill calculations do not include state (4%) or county (1-3%) taxes and may or may not include franchise fees (0-5%). * The total volumetric rate may include commodity balancing account adjustments, transportation charges as well as other credits and surcharges. ** The SG rates reflect the "pass-on, regulated rate."

2 Electric Rates are in effect as of: 10/16/17 RURAL ELECTRIC ASSOCIATIONS Effective Cust. Chg. Or Total Bill Average Cost Utility Name Date Major Service Location Min. Bill $/month $/month per kwh Beartooth Electric 07/01/17 Park Big Horn County Electric 01/24/17 Sheridan Big Horn Rural Electric Co. 01/01/17 Bighorn, Park, Washakie Bridger Valley 07/01/16 Lincoln, Sweetwater, Sublette, Uinta Carbon Power & Light Co. 01/01/17 Albany, Carbon Fall River 01/01/16 Teton Garland Light & Power Co. 03/01/17 Bighorn, Park High Plains Power 01/01/16 Carbon, Fremont, Hot Springs, Natrona High West Energy 05/01/16 Albany, Laramie Lower Valley 05/01/17 Afton Niobrara Electric Co. 02/01/17 Converse, Goshen, Platte, Niobrara Powder River Energy 01/01/17 Campbell, Crook, Weston Wheatland Rural Elect. Assoc. 01/01/17 Albany, Goshen, Laramie, Platte Willwood Light & Power 03/20/14 Powell Area Wyrulec Company 01/01/17 Goshen, Platte, Laramie Yampa Valley 08/01/15 Carbon Average* $29.23 $ $ * Does not reflect credits to member customers of REA.

3 INVESTOR OWNED UTILITIES Effective Cust. Chg. Or Total Bill Average Cost Utility Name Date Major Service Location Min. Bill $/month $/month per kwh Black Hills Power & Light Co. 09/01/17 Newcastle Cheyenne Light Fuel & Power 06/01/17 Cheyenne, Laramie County Montana Dakota Utility Co. 03/01/17 Sheridan and Sheridan County Rocky Mountain Power ** 09/01/17 Various Town & Counties in Wyoming Average $18.38 $86.81 $ **Rocky Mountain Power - Wyoming Price Summary

4 MUNICIPAL OWNED UTILITIES Cust. Chg. or Effective Major Service Min. Bill Total Bill Average Cost Utility Name Date Location $/month $/month per kwh Basin, Town of 07/01/13 City Cody, City of 04/01/15 City Deaver, Town of** 07/01/15 City Fort Laramie, Town of 01/01/13 City Gillette, City of 05/01/16 City Guernsey, Town of 01/17/17 City - #VALUE! #VALUE! Lingle, Town of 07/01/16 City Lusk, Town of 01/03/17 City Pine Bluffs, Town of* 04/01/11 City Powell, City of 12/22/16 City Torrington, Town of*, *** 05/02/17 City Wheatland, Town of* 10/01/15 City Average $16.17 #VALUE! #VALUE! Summer Rates *Residences heated entirely with electric heat have different rate sheets. **Flat fee of $5 for first 50 kwh. $0.072 per kwh after that. ***Winter Rates

5 SUMMARY Cust. Chg. or Min. Bill Total Bill Average Cost $/month $/month per kwh REA Average $29.23 $ $ Investor Owned Average $18.38 $86.81 $ Municipal Average $16.17 #VALUE! #VALUE! Statewide Average $23.20 #VALUE! #VALUE!

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