Michigan Commercial and Industrial Service Rates. Effective Jan. 1, 2017, for Xcel Energy electric and natural gas customers.

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Michigan Commercial and Industrial Service Rates Effective Jan. 1, 2017, for Xcel Energy electric and natural gas customers.

Electric service The Supply Energy charge indicated for each type of service is subject to a Power Supply Cost Recovery (PSCR) factor, which is shown as a separate item on your monthly bill. The PSCR factor effective Jan. 1, 2017, is a credit of $0.00042 per kwh. Small commercial service Energy charge $11.50/mo. $16.50/mo. $0.0245/kWh $0.0885/kWh Small general time-of-day service On-peak Off-peak $11.50/mo. $16.50/mo. $0.0245/kWh $0.1600/kWh $0.0425/kWh Specialized rates The following specialized rates are available to customers with specific energy usage characteristics: non-metered street lighting net metering modified net metering parallel generation To learn more about these rate options, see the For More Information section or call the Business Solutions Center at 800.481.4700. Optional off-peak service* Available on an optional basis to any customer for loads that will be metered separately, controlled by the customer and energized between 9 p.m. and 7 a.m. daily. $5.00/month $11.00/month Energy charge $0.0200/kWh $0.0425/kWh Michigan Commercial and Industrial Service Rates

Commercial and industrial general service* Available for single- or three-phase electric service supplied through one meter where customers demands are measured and where customers are not required to be on large industrial service. $55.00/mo. Distribution demand charge $1.50/kW/mo. $1.20/kW/mo. voltage $0.0200/kWh Voltage discount 20% Supply demand charge $7.70/kW/mo. $7.55/kW/mo. voltage $0.0605/kWh Voltage discount 2% credit per month All kwh in excess of 400 hours times the billing demand, not to exceed 50 percent of total kwh $0.0080/kWh * In no month will the billing demand be greater than the value in kw determined by dividing the kwh sales for the billing month by 100 hours. Large industrial service This rate schedule is mandatory for any retail customer with demands of 1,000 kw or more for at least 4 of 12 months. Mandatory customers $260.00/mo. Optional customers $65.00/mo. Distribution demand charge $1.50/kW/mo. $1.20/kW/mo. Transmission transformed $0.15/kW/mo. Transmission untransformed $0.00/kW/mo. voltage $0.0200/kWh voltage discount 20% Transmission transformed Voltage discount 90% Transmission untransformed Voltage discount 100%

Supply demand charge $7.70/kW/mo. $7.55/kW/mo. Transmission transformed $7.20/kW/mo. Transmission untransformed $7.16/kW/mo. On-peak secondary voltage $0.0825/kWh Off-peak secondary voltage $0.0515/kWh Supply Energy Charge Discount before adjustment for power supply cost recovery 2.0% Transmission transformed 6.5% Transmission untransformed 7.0% credit per month All kwh in excess of 400 hours times the billing demand, not to exceed 50 percent of total kwh $0.0080/kWh Peak controlled service* Optional to general service or large industrial service customers who agree to control demand to a predetermined level when required by Xcel Energy. Participating customers are billed at a reduced rate for controlled demand. Other electric service rates Municipal pumping service Available for municipal pumping purposes including incidental heating and lighting of building and premises in connection with municipality s water system or sewage system. $11.50/mo. $16.50/mo. Energy charge $0.0245/kWh $0.0816/kWh

Other electric service rates Automatic outdoor lighting service* Mercury Vapor (closed to new customers) 175 Watt $11.00/month 250 Watt $15.70/month Sodium Vapor 100 Watt $8.20/month 250 Watt $13.70/month 400 Watt $19.90/month Street lighting service* Company owned Customer owned* Sodium Vapor 70 Watt 5,800 Lumens $9.05/mo. $3.80/mo. 100 Watt 9,500 Lumens $10.35/mo. $4.95/mo. 150 Watt 16,000 Lumens $12.10/mo. $6.35/mo. 250 Watt 27,500 Lumens $15.95/mo. $10.25/mo. 400 Watt 50,000 Lumens $21.55/mo. $14.95/mo. LED 39 Watt $8.80/mo. $1.03/mo. 65 Watt $9.90/mo. $1.72/mo. 155 Watt $13.20/mo. $4.09/mo. 256 Watt $18.25/mo. $6.76/mo. ** Actual price is $0.0264 per watt for customer-owned LED street lighting. Non-metered LED lighting service* LED Est. monthly usage Rate 70 Watt 23 kwh $1.85 100 Watt 33 kwh $2.64 150 Watt 49 kwh $3.96 250 Watt 82 kwh $6.60 400 Watt 131 kwh $10.56 *Rate per watt-month for customer-owned dusk to dawn lighting.

Natural gas service Your bill shows separate charges for distribution (what we charge for delivering gas) and gas cost (what we pay to acquire gas). The Gas Cost Charge, which is shown as a separate item on your bill, is approved by the Michigan Public Service Commission. The Gas Cost Charge as of December 2016 is $0.35315 per therm. Commercial and industrial general service Available on a firm basis to commercial and industrial customers. $18.00/month Distribution charge Gas supply charge $0.1300/therm $0.35315/therm Commercial and industrial interruptible service Available under contract for customers who meet the company s interruptible service requirements. $75.00/month Distribution charge Gas supply charge $0.0560/therm $0.35315/therm How to reach us 24-Hour Emergency Electric Emergency/Power Outage 800.895.1999 Gas Emergency/Gas Odor 800.895.2999 Business Solutions Center Monday-Friday: 8 a.m.-5 p.m. 800.481.4700 For more information Complete rate schedules can be obtained by visiting our website at xcelenergy.com and clicking on Rates & Regulations at the bottom of the page. Information also is available at Xcel Energy s Ironwood Service Center, located at 1756 Liberty St. Questions? Please call our 24-hour Customer Contact Center at 800.895.4999. xcelenergy.com 2016 Xcel Energy Inc. Xcel Energy is a registered trademark of Xcel Energy Inc. 16-12-201 00186767