ENMAX POWER CORPORATION ( EPC ) DISTRIBUTION TARIFF RATE SCHEDULE

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ENMAX POWER CORPORATION ( EPC ) DISTRIBUTION TARIFF RATE SCHEDULE Rates in effect as of July 1, 2011

EPC DISTRIBUTION TARIFF RATE SCHEDULE Rate Code Rate Description Page D100 Distribution Tariff Residential 3 D200 Distribution Tariff Small Commercial 5 D300 Distribution Tariff Medium Commercial 7 D310 Distribution Tariff Large Commercial Secondary 10 D410 Distribution Tariff Large Commercial Primary 12 D500 Distribution Tariff Streetlights 15 D600 Distribution Tariff Distributed Generation 16 D700 Distribution Tariff Transmission Connected 19 2011 DAS Adjustment Rider 20 2011 TAC Deferral Account Rider 21 2011 Balancing Pool Allocation Refund Rider 22 Page 2 of 22

Distribution Tariff Residential RATE CODE D100 Rate Schedule for the provision of Electricity Services to residential Customers of a Retailer. ELIGIBILITY 1. Sites which use Electricity Services for domestic purposes in separate and permanently metered single family dwelling units with each unit either metered separately or incorporated into a common building with other units. 2. As a single phase or three phase wire service supplied at a standard voltage normally available. 3. Sites eligible under 1 and 2 that qualify as a Micro-Generator under the Micro-Generation Regulation. RATE COMPONENT TYPE UNIT PRICE Distribution Charge for Distribution Access Service Service and Facilities Charge per day $0.343450 System Usage Charge per kwh $0.006968 Transmission Charge for System Access Service Variable Charge per kwh $0.015780 INVOICE PERIOD Monthly, from the date of the last invoice to the date of the current invoice. Page 3 of 22

TERMS AND CONDITIONS The Terms and Conditions of the EPC Distribution Tariff form part of this Rate Schedule and apply to all Electricity Services supplied under this Tariff. OTHER 1. No more than one additional unit of living quarters within a single family dwelling, such as a basement suite equipped with cooking facilities, may be provided Electricity Services through one Meter under Rate Code D100. If the dwelling contains more than one additional self-contained unit of living quarters, a Commercial Rate will apply unless a separate Meter is installed for each unit. All new construction in R2 or higher density areas shall have a separate Meter for each suite, or alternatively the Electricity Services may be invoiced at the appropriate commercial rate. 2. If a Residential Site has a garage with a separate meter, the garage will be assigned a commercial rate. 3. If a Site qualifies as a Micro-Generator, rate charges will only apply to energy inflow into the Site (i.e. no outflow charges). LOCAL ACCESS FEE (LAF) The LAF is a surcharge imposed by the City of Calgary and is not approved by the Alberta Utilities Commission. The LAF is collected by EPC on behalf of the City for all Sites located within the municipal boundaries of the City of Calgary. Page 4 of 22

Distribution Tariff Small Commercial RATE CODE D200 Rate Schedule for the provision of Electricity Services to small commercial Customers of a Retailer. ELIGIBILITY 1. Commercial Sites where the Energy consumption is less than 5,000 kwh per month (includes all unmetered services that are not Rate Code D500). 2. Sites eligible under 1 that qualify as a Micro-Generator under the Micro- Generation Regulation. RATE COMPONENT TYPE UNIT PRICE Distribution Charge for Distribution Access Service Service and Facilities Charge per day $0.786805 System Usage Charge per kwh $0.005961 Transmission Charge for System Access Service Variable Charge per kwh $0.013558 INVOICE PERIOD Monthly, from the date of the last invoice to the date of the current invoice. TERMS AND CONDITIONS The Terms and Conditions of the EPC Distribution Tariff form part of this Rate Schedule and apply to all Electricity Services supplied under this Tariff. Page 5 of 22

OTHER 1. Temporary Construction/Service Construction and rental costs for necessary transformers and equipment required for any temporary Electricity Services (whether single or three phase, or whether served from an overhead or underground source), shall be payable by the Customer to EPC in advance and based on an EPC estimate. Construction costs include costs associated with: (a) up and down labour; (b) unsalvageable material; (c) vehicles; and (d) equipment. 2. Temporary Connection Service Where applied-for Connection Services are to be used for temporary purposes only, the Customer will pay EPC, in advance of the installation: (a) EPC s total cost of installation and removal of the Facilities required for the temporary service; and (b) the cost of unsalvageable material. 3. Unmetered Services For unmetered services where individual energy consumption is small and easily predicted, estimated consumption will be based on equipment nameplate rating and operational patterns. 4. If a Site that qualifies as a Micro-Generator, rate charges will only apply to energy inflow into the Site (i.e. no outflow charges). LOCAL ACCESS FEE (LAF) The LAF is a surcharge imposed by the City of Calgary and is not approved by the Alberta Utilities Commission. The LAF is collected by EPC on behalf of the City for all Sites located within the municipal boundaries of the City of Calgary. Page 6 of 22

Distribution Tariff Medium Commercial RATE CODE D300 Rate Schedule for the provision of Electricity Services to medium commercial Customers of a Retailer. ELIGIBILITY 1. For Sites whose Energy consumption is equal to or greater than 5,000 kwh per month for at least six of the last 12 invoice periods, provided a peak demand greater than 150 kva was not registered twice in the previous 365 days. 2. Sites eligible under 1 above that qualify as a Micro-Generator under the Micro-Generation Regulation. RATE COMPONENT TYPE UNIT PRICE Distribution Charge for Distribution Access Service Service Charge per day $4.449713 Facilities Charge per day per kva of $0.030206 Billing Demand System Usage Charge per kwh $0.003108 Transmission Charge for System Access Service Demand Charge per day per kva of $0.079502 Billing Demand Variable Charge per kwh $0.005503 Where kva of Billing Demand is defined as the greater of Metered, Ratchet or Contract Demand: Page 7 of 22

(a) Metered Demand is the actual metered demand in the Tariff bill period; (b) Ratchet Demand is 90% of the highest kva demand in the last 365 days ending with the last day of the Tariff bill period; and (c) Contract Demand is the kva contracted for by the Customer. INVOICE PERIOD Monthly, from the date of the last invoice to the date of the current invoice. TERMS AND CONDITIONS The Terms and Conditions of the EPC Distribution Tariff form part of this Rate Schedule and apply to all Electricity Services supplied under this Tariff. OTHER 1. Non-Standard Residential Bulk-Metering. 2. Bulk Metering is the metering of multiple-unit residential occupancies under one corporate identity, (e.g., town housing, apartments, mobile home parks). Where bulk-metering exists, the Customer shall not re-sell electricity, but may include electricity as part of the rental charge and not separate therefrom. 3. Includes Medium Commercial Sites served at primary voltage that existed prior to November 2004 rate class changes. 4. If a Site qualifies as a Micro-Generator, rate charges will only apply to energy inflow into the Site (i.e. no outflow charges). 5. D300 Primary Voltage Service Customers a. For locations or buildings that receive primary voltage service, there will be a transformation credit of $1.143967 per day applied to the Service Charge, and a transformation credit of $0.007909 per day per kva of Billing Demand applied to the Facilities Charge. b. The transformation credit is applicable only to D300 sites receiving primary voltage service prior to January 1, 2009. Page 8 of 22

LOCAL ACCESS FEE (LAF) The LAF is a surcharge imposed by the City of Calgary and is not approved by the Alberta Utilities Commission. The LAF is collected by EPC on behalf of the City for all Sites located within the municipal boundaries of the City of Calgary. Page 9 of 22

Distribution Tariff Large Commercial - Secondary RATE CODE D310 Rate Schedule for the provision of Electricity Services to large commercial (secondary) Customers of a Retailer. ELIGIBILITY 1. For Electricity Services that registered a monthly peak demand greater than 150 kva twice in the previous 365 days and served at secondary voltage. 2. Sites eligible under 1 that qualify as a Micro-Generator under the Micro- Generation Regulation. RATE COMPONENT TYPE UNIT PRICE Distribution Charge for Distribution Access Service Service Charge per day $13.335613 Facilities Charge System Usage Charge On Peak System Usage Charge Off Peak per day per kva of $0.078880 Billing Demand per kwh $0.004899 per kwh $0.000000 Transmission Charge for System Access Service Demand Charge Variable Charge On Peak Variable Charge Off Peak per day per kva of $0.093384 Billing Demand per kwh $0.006583 per kwh $0.004530 Page 10 of 22

Where kva of Billing Demand is defined as the greater of Metered, Ratchet or Contract Demand: (a) Metered Demand is the actual metered demand in the Tariff bill period, (b) Ratchet Demand is 90% of the highest kva demand in the last 365 days ending with the last day of the Tariff bill period, (c) Contract Demand is the kva contracted for by the Customer. On Peak is all Energy consumption from 8 a.m. to 9 p.m. Monday to Friday inclusive, excluding statutory holidays (as according to the ISO Rules definition), Off Peak is all Energy consumption not consumed in On Peak hours. INVOICE PERIOD Monthly, from the date of the last invoice to the date of the current invoice. TERMS AND CONDITIONS The Terms and Conditions of the EPC Distribution Tariff form part of this Rate Schedule and apply to all service supplied under this Tariff. OTHER If a Site qualifies as a Micro-Generator, rate charges will only apply to energy inflow into the Site (i.e. no outflow charges). LOCAL ACCESS FEE (LAF) The LAF is a surcharge imposed by the City of Calgary and is not approved by the Alberta Utilities Commission. The LAF is collected by EPC on behalf of the City for all Sites located within the municipal boundaries of the City of Calgary. Page 11 of 22

Distribution Tariff Large Commercial - Primary RATE CODE D410 Rate Schedule for the provision of Electricity Services to large commercial (primary) Customers of a Retailer. ELIGIBILITY 1. For Electricity Services that are served at primary voltage. 2. Sites eligible under 1 above that qualify as a Micro-Generator under the Micro-Generation Regulation. RATE COMPONENT TYPE UNIT PRICE Distribution Charge for Distribution Access Service Service Charge per day $15.928301 Facilities Charge per day per kva f $0.011112 of Billing Demand System Usage Charge per kwh $0.006137 On Peak System Usage Charge Off Peak per kwh $0.000000 Transmission Charge for System Access Service Demand Charge Variable Charge On Peak Variable Charge Off Peak per day per kva of $0.093307 Billing Demand per kwh $0.006495 per kwh $0.004469 Page 12 of 22

Where kva of Billing Demand is defined as the greater of Metered, Ratchet or Contract Demand: (a) Metered Demand is the actual metered demand in the Tariff bill period, (b) Ratchet Demand is 90% of the highest kva demand in the last 365 days ending with the last day of the Tariff bill period, (c) Contract Demand is the kva contracted for by the Customer, On Peak is all Energy consumption from 8 a.m. to 9 p.m. Monday to Friday inclusive, excluding statutory holidays (as according to the ISO Rules definition), Off Peak is all Energy consumption not consumed in On Peak hours. INVOICE PERIOD Monthly, from the date of the last invoice to the date of the current invoice. TERMS AND CONDITIONS The Terms and Conditions of the EPC Distribution Tariff form part of this Rate Schedule and apply to all Electricity Services supplied under this Tariff. OTHER 1. The Customer is responsible for supplying all transformers whether owned by Customer or rented. 2. Primary Metering shall be metering at EPC s primary distribution voltage with any subsequent transformation being the sole responsibility of the Customer. 3. Multi-Sites a) For Customers that have a normally used service connection (preferred service) and a second service connection used strictly as a backup service (alternate service), the demands of the two service connections will be totaled on an interval basis and charged based on Rate Code D410. Page 13 of 22

b) For Customers that use more than one service connection on a regular basis, demands of all the service connections will be totaled on an interval basis and charged based on Rate Code D410 provided the service connections are: i) positioned on adjacent and contiguous locations; ii) not separated by private or public property or right-of-way; and iii) operated as one single unit. 4. If a Site qualifies as a Micro-Generator, rate charges will only apply to energy inflow into the Site (i.e. no outflow charges). LOCAL ACCESS FEE (LAF) The LAF is a surcharge imposed by the City of Calgary and is not approved by the Alberta Utilities Commission. The LAF is collected by EPC on behalf of the City for all Sites located within the municipal boundaries of the City of Calgary. Page 14 of 22

Distribution Tariff Streetlights RATE CODE D500 Rate Schedule for the provision of Electricity Services to Customers of a Retailer. ELIGIBILITY For all photo cell controlled lighting services including all streetlights, traffic sign lighting, roadway lighting and lane rental lighting. Services with photo cell controlled lighting will not be eligible for a Meter. RATE COMPONENT TYPE UNIT PRICE Distribution Charge for Distribution Access Service System Usage Charge per kwh $0.014101 Transmission Charge for System Access Service Variable Charge per kwh $0.013595 INVOICE PERIOD Monthly, from the date of the last invoice to the date of the current invoice. TERMS AND CONDITIONS The Terms and Conditions of the EPC Distribution Tariff form part of this Rate Schedule and apply to all Electricity Services supplied under this Tariff. LOCAL ACCESS FEE (LAF) The LAF is a surcharge imposed by the City of Calgary and is not approved by the Alberta Utilities Commission. The LAF is collected by EPC on behalf of the City for all Sites located within the municipal boundaries of the City of Calgary. Page 15 of 22

Distribution Tariff Large Distributed Generation RATE CODE D600 Rate Schedule for the provision of Electricity Services to Sites with on-site generation with a minimum export capacity of 1,000 kva. ELIGIBILITY 1. For services with on-site generation connected in parallel with the EPC Electric Distribution System with a minimum export capacity of 1,000 kva. 2. For Electricity Services that are served at primary voltage. 3. For sites equipped with bi-directional interval recording metering. RATE COMPONENT TYPE UNIT PRICE Distribution Charge for Distribution Access Service Service Charge per day $15.928301 Dedicated Facilities Charge per day customer specific System Usage Charge On Peak System Usage Charge Off Peak per kwh $0.006137 per kwh $0.000000 Transmission Charge for System Access Service ISO Costs/Credits $ Flow through 1. The customer specific Dedicated Facilities Charge daily amount will be determined as follows: Dedicated Facilities Charge = ((DFA + GA) x (CRF + OMA))/365 days. Page 16 of 22

Where: a) DFA = current cost of dedicated feeder assets b) GA = general assets associated with DFA and equal to 10.8% of DFA c) CRF = Capital Recovery Percentage Factor based on EPC s weighted cost of capital and approved depreciation rate. d) OMA = Operation, maintenance and administration factor equal to 3.1% of DFA. The customer specific Dedicated Facilities Charge daily amount will be outlined in the Interconnection Agreement which will also include the term of the Agreement and an annual inflation adjustment. 2. The System Usage Charge will be determined using the net of the energy inflow and energy outflow at the Meter(s). System Usage Charge will be waived for sites that only have dedicated facilities and do not use the EPC primary feeder system. 3. On Peak is all Energy consumption from 8 a.m. to 9 p.m. Monday to Friday inclusive, excluding statutory holidays (as according to the ISO Rules definition), Off Peak is all Energy consumption not consumed in On Peak hours. 4. Flow-Through of ISO Costs/Credits will be determined by applying the ISO DTS rate (and any applicable riders) to the difference between the POD billing determinants with and without the site(s) billing determinants. 5. An initial fee will be charged for the incremental cost of bi-directional meter(s). INVOICE PERIOD Monthly, from the date of the last invoice to the date of the current invoice. TERMS AND CONDITIONS The Terms and Conditions of EPC form part of this Rate Schedule and apply to all Electricity Services supplied under this Tariff. OTHER Page 17 of 22

5. The Customer is responsible for supplying all transformers whether owned by customer or rented. 6. Primary Metering shall be metering at EPC s primary distribution voltage with any subsequent transformation being the sole responsibility of the Customer. 7. Multi-Site Locations c) For locations or buildings that have a normally used service connection (preferred service) and a second service connection used strictly as a backup service (alternate service), the demands of the two service connections will be totaled on an interval basis and charged on Rate Code D600. d) For locations that use more than one service connection on a regular basis, demands of all the service connections will be totaled on an interval basis and charged on Rate Code D600. LOCAL ACCESS FEE (LAF) The LAF is a surcharge imposed by the City of Calgary and is not approved by the Alberta Utilities Commission. The LAF is collected by EPC on behalf of the City for all Sites located within the municipal boundaries of the City of Calgary. Page 18 of 22

Distribution Tariff Transmission Connected RATE CODE D700 Rate Schedule for the provision of Distribution Access Service to Customers of a Retailer that are connected directly to EPC Facilities at a transmission voltage. RATE COMPONENT TYPE UNIT PRICE Distribution Charge for Distribution Access Service Service Charge per day $15.928301 Transmission Charge for System Access Service ISO Costs $ Flow through INVOICE PERIOD Monthly, from the date of the last invoice to the date of the current invoice. TERMS AND CONDITIONS The Terms and Conditions of the EPC Distribution Tariff form part of this Rate Schedule and apply to all Electricity Services supplied under this Tariff. LOCAL ACCESS FEE (LAF) The LAF is a surcharge imposed by the City of Calgary and is not approved by the Alberta Utilities Commission. The LAF is collected by EPC on behalf of the City for all Sites located within the municipal boundaries of the City of Calgary. Page 19 of 22

DAS ADJUSTMENT RIDER This is a rider to collect the difference between existing rates and FBR rates, from January 1, 2010 to December 31, 2010. The rider is effective as of July 1, 2011. ELIGIBILITY Rider will apply to all sites. RIDER RATE CLASS DESCRIPTION RATE UNIT PRICE CODE Residential D100 % DAS 0.79 Small Commercial D200 % DAS 34.63 Medium Commercial D300 % DAS -12.07 Large Commercial D310 % DAS -3.10 Secondary Large Commercial Primary D410 % DAS 19.76 Streetlights D500 % DAS -20.25 Local Access Fee (LAF) The LAF is a surcharge imposed by the City of Calgary and is not approved by the Alberta Utilities Commission. The LAF is applicable to all services located within the City of Calgary. Page 20 of 22

2011 Transmission Access Charge Deferral Account Rider This is a rider to charge/refund the balance in the Transmission Access Charge Deferral Account. The Transmission Deferral Account records changes in transmission access costs due to changes in Alberta Electric System Operator (AESO) rates. The rider is effective as of July 1, 2011. Eligibility Rider will apply to all energy delivered under the Distribution Tariff. Rider Transmission Access Charge Deferral Account Rider RATE CLASS DESCRIPTION RATE CODE COMPONENT TYPE UNIT PRICE Residential D100 TAC Rider per kwh $0.006953 Small Commercial D200 TAC Rider per kwh $0.007169 Medium Commercial Secondary D300 TAC Rider per kwh $0.006029 Large Commercial Secondary D310 TAC Rider per kwh $0.005302 Large Commercial Primary D410 TAC Rider per kwh $0.005653 Streetlighting D500 TAC Rider per kwh $0.005508 Local Access Fee (LAF) The LAF is a surcharge imposed by the City of Calgary and is not approved by the Alberta Utilities Commission. The LAF is applicable to all services located within the City of Calgary. Page 21 of 22

2011 BALANCING POOL ALLOCATION REFUND RIDER The 2011 Balancing Pool Allocation is a refund rider to flow through the Alberta Electric System Operator ( ISO ) Consumer Allocation Rider ( Rider F ), which is an amount that was transferred to the ISO from the Balancing Pool under Section 82 of the Electric Utilities Act. Eligibility Rider will apply to all energy delivered under the Distribution Tariff. The rider is effective as of January 1, 2011. Rider COMPONENT TYPE UNIT PRICE Balancing Pool Allocation per kwh $(0.002059) LOCAL ACCESS FEE (LAF) The LAF is a surcharge imposed by the City of Calgary and is not approved by the Alberta Utilities Commission. The LAF is collected by EPC on behalf of the City for all Sites located within the municipal boundaries of the City of Calgary. Page 22 of 22