CUMBERLAND ELECTRIC MEMBERSHIP CORPORATION RATES EFFECTIVE April 1, 2015 Transition Period (April - May)

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CUMBERLAND ELECTRIC MEMBERSHIP CORPORATION RATES EFFECTIVE April 1, 2015 Transition Period (April - May) RESIDENTIAL RATE SCHEDULE RS (22) $29.00 per month.06418$ per kwh per month SUPPLEMENTAL RESIDENTIAL RATE SCHEDULE SRS (21) Part A: Part B: Part A and B: $20.60 per month $30.60 per month.06688$ per kwh per month GENERAL POWER RATE - SCHEDULE GSA (40) 1. Demand is equal to or less than 50 kw (during the latest 12 month period): $35.50 per delivery point per month $1.50 per kw per month.07651$ per kwh per month.02499$ per kwh per month (50) 2. Demand is greater than 50 kw but not more than 1000 kw (during the latest 12 month period): OR: Demand is less than 50 kw & energy is more than 15,000 kwh for any month during such period: First 50 kw Greater than 50 kw First 15,000 kwh Additional kwh First 15,000 kwh Additional kwh $190.00 per delivery point per month $1.50 per kw per month $11.43 per kw per month.07267$ per kwh per month.03782$ per kwh per month.02499$ per kwh per month.02460$ per kwh per month

(54) 3. The contract demand or the highest demand is greater than 1,000 kw but less than or equal to 5,000 kw (during the latest 12 month period): First 1,000 kw Greater than 1,000 kw $600.00 per delivery point per month $11.95 per kw per month $14.07 per kw per month Note: An additional $14.07 per kw will be charged on the customer s billing demand that exceeds the higher of 2,500 kw or its contract demand..03771$ per kwh per month.02460$ per kwh per month SEASONAL DEMAND & ENERGY GENERAL POWER RATE - SCHEDULE SGSB (56) Current effective contract demand is greater than 5,000 kw but not more than 15,000 kw: $12.03 per kw of billing demand per month, plus an additional $12.03 per kw per month of the amount by which the customer's billing demand exceeds its contract demand..02151$ per kwh per month SEASONAL DEMAND & ENERGY GENERAL POWER RATE - SCHEDULE SGSC (58) Current effective contract demand is greater than 15,000 kw, but not more than 25,000 kw: $11.52 per kw of billing demand per month, plus an additional $11.52 per kw per month of the amount by which the customer's billing demand exceeds its contract demand..02159$ per kwh per month

SEASONAL DEMAND & ENERGY MANUFACTURING SERVICE RATE - SCHEDULE SMSB (02) Current effective contract demand is greater than 5,000 kw but not more than 15,000 kw AND Customers Standard Classification Code (SIC) is between 2000 3999 inclusive. $9.48 per kw of billing demand per month, plus an additional $9.48 per kw per month of the amount by which the customer's billing demand exceeds its contract demand..01269$ per kwh per month SEASONAL DEMAND & ENERGY MANUFACTURING SERVICE RATE - SCHEDULE SMSC (08) Current effective contract demand is greater than 15,000 kw but not more than 25,000 kw; AND Customers Standard Classification Code (SIC) is between 2000 3999 inclusive. $8.97 per kw of billing demand per month, plus an additional $8.97 per kw per month of the amount by which the customer's billing demand exceeds its contract demand..01272$ per kwh for up to 620 hours use of metered demand per month TIME DIFFERENTIATED HOURS USE OF DEMAND SCHEDULE TDMSA (68) Higher of onpeak or offpeak demand is greater than 1,000 kw but not more than 5,000 kw Administrative Charge: $350 per delivery point per month Off Peak Demand: $5.64 per kw per month Off Peak-First 425 HUD.02431$ per kwh per month Off Peak-Next 195 HUD.00466$ per kwh per month Off Peak-Over 620 HUD -.01202$ per kwh per month

OUTDOOR LIGHTING RATE - SCHEDULE LS (72-78) Parts A and B:.04399$ per kwh per month SECURITY LIGHTING RATE SCHEDULE Cost per Month kwh 100 Watt High Pressure Sodium $7.03 42 250 Watt High Pressure Sodium $12.15 105 400 Watt High Pressure Sodium* $17.22 165 1000 Watt High Pressure Sodium* $35.93 385 175 Watt Mercury Vapor** $7.56 70 400 Watt Mercury Vapor** $14.80 155 * Indicates Directional Lights ** CEMC no longer installs or maintains Mercury Vapor security lights NOTE: One dollar ($1.00) charge per month for each additional pole installed for a security light. GENERATION PARTNER RATE SCHEDULE (22) Option 1 and Option 2: Energy Credit: TVA Fuel Credit: Combined Credit: Solar Generation Premium: Other Renewables Premium: -.06418 per kwh per month -.02533 per kwh per month -.08951 per kwh per month -.12000 per kwh per month -.03000 per kwh per month (40-73) Option 1 and Option 2: Energy Credit: TVA Fuel Credit: Combined Credit: Solar Generation Premium: Other Renewables Premium: -.07651 per kwh per month -.02499 per kwh per month -.10150 per kwh per month -.12000 per kwh per month -.03000 per kwh per month

FACILITIES RENTAL Customers over 5,000 KW: Less than 46 kv Deliveries: First 10,000 kw.93 $ per kw per month Over 10,000 kw.73 $ per kw per month Greater than 46 kv and less than 161 kv Deliveries: All kw.36 $ per kw per month