Oregon Public Utility Commission

Transcription

1 Oregon Public Utility Commission

2 2012 Oregon Utility Statistics Susan Ackerman, Chair Steven Bloom, Commissioner John Savage, Commissioner Jason Eisdorfer, Director Utility Program

3 Oregon Public Utility Commission i 3930 Fairview Industrial Dr SE, Salem OR PO Box 1088, Salem OR This document and more information about the OPUC is available at Contact Information: Mark Brown - Administrative Assistant Bob Valdez - Public Affairs Specialist or at: PUC.StatsBook@state.or.us Cover photos: upper left - Wind Farm in Northeastern Oregon, by Bob Valdez; upper right electric transmission tower in Oregon by Bob Valdez; lower right Cascade Locks dam near Cascade Locks, Oregon by Bob Valdez; lower left solar panels on Oregon Department of Transportation (ODOT) building roof in Salem, Oregon, courtesy ODOT.

4 Table of Contents Data are not audited by the Commission and shown as submitted by the companies. Electric Page Foreword to Electric Utilities... 1 Index to Electric Utilities... 2 Ten-Year Summary Selected Statistics Investor-Owned Electric Utilities in Oregon... 5 Idaho Power Company Oregon Electric... 6 PacifiCorp (dba Pacific Power) Oregon Electric... 7 Portland General Electric Company Oregon Electric MWh Sales to Ultimate Customers... 9 Graph Ten-Year Summary Distribution of Operating Revenues Graph Ten-Year Summary Total Sales to Ultimate Customers (MWh) Graph Sales to Ultimate Customers During 2012 (MWh) Graph Residential Averages for Graph Customers in Oregon for Financial and Statistical Data Investor-Owned Electric Utilities Financial and Statistical Data Consumer-Owned Electric Utilities Cooperatives Municipal-Owned Utilities People s Utility Districts (PUDs) Selected Statistics Natural Gas Foreword to Natural Gas Utilities Index to Natural Gas Utilities Ten-Year Summary Selected Statistics Investor-Owned Natural Gas Utilities in Oregon Avista Utilities Oregon Natural Gas Cascade Natural Gas Corporation Oregon Natural Gas Northwest Natural Gas Company (dba NW Natural) Oregon Natural Gas i

5 Graph Ten-Year Summary Distribution of Operating Revenues Graph Natural Gas Delivered for Graph Ten-Year Summary Therms of Natural Gas Delivered in Oregon Graph Natural Gas Customers for Graph Ten-Year Summary Customers and Revenues from Natural Gas Sales in Oregon Financial and Statistical Data Telecommunications Foreword to Telecommunications Utilities and Cooperatives (ILECs) Index to Telecommunications Utilities and Cooperatives (ILECs) Ten-Year Summary Revenues and Customers Incumbent Local Exchange Carriers (ILECs) Total Oregon CenturyTel, Inc. Total Oregon Qwest Corporation dba CenturyLink QC Total Oregon United Total Oregon Frontier Communications Northwest, Inc. Total Oregon Small Telecommunications Utilities Total Oregon Telecommunications Cooperatives Total Oregon Graph Ten-Year Summary Distribution of Operating Revenues Graph Ten-Year Summary Sources of Oregon Operating Revenues Graph Telecommunications Sales During Graph Distribution of Switched Access Lines (Wireline) During Graph Ten-Year Summary Switched Access Lines... Graph Expense Categories as Percentage of Expenses During Graph Monthly Operating Costs Per Average Access Line (Wireline) During Graph Five-Year Summary Oregon Universal Service Fund Activities Graph Five-Year Summary Oregon Universal Service Fund Line Count by Wire Center Support Area Financial and Statistical Data Small Telecommunications Utilities Large Telecommunications Utilities Total ILECs Notes to Financial and Statistical Data Page This graph has been removed - total CLEC line counts are not available ii

6 Water Page Foreword to Water Utilities Index to Water Utilities Financial and Statistical Data Class A Class B Class C iii

7 Electric

8 Foreword to Electric Utilities Three investor-owned electric utilities operate in Oregon. Investor-owned electric utilities provide service to approximately 74 percent of the customers in the state. The average annual kilowatt hour (kwh) consumption of residential customers for Oregon operations of investor-owned electric utilities is as follows: Investor-Owned Electric Utilities 10,818 11,213 10,902 11,504 11,660 The following types of electric suppliers served electric customers in Oregon on December 31, 2012: Type of Electricity Supplier Number kwh Sales in Oregon (%) Customers in Oregon (%) Investor-Owned Electricity Service Suppliers (ESS) [1] < 0.1 Cooperative [2] Municipal-Owned [2] People s Utility District [2] [1] Since March 1, 2002, all retail electricity consumers of Portland General Electric Company and PacifiCorp, except residential consumers, may elect to purchase electricity from an entity other than the distribution utility. (See ORS et seq.) [2] Cooperatives, Municipal-Owned Utilities, and People s Utility Districts (PUDs), are not regulated by the Oregon Public Utility Commission, except for safety, area allocation, transmission lines, and curtailment. Reports submitted by Cooperatives, Municipal- Owned Utilities, and PUDs are not audited by the Commission. Some companies may report duplicate customers. An example of a duplicate is a customer whose household service is billed under a residential rate schedule and whose security lighting outside the home is billed under a lighting schedule. When duplicate customers are known and measurable, they have been footnoted. Summary data are provided for informational purposes only. 1

9 Index to Electric Utilities Investor-Owned Idaho Power Company Oregon Operations PacifiCorp (dba Pacific Power) Oregon Operations Portland General Electric (PGE) Page Ten-Year Summaries MWh Sales to Ultimate Customers... 9 Graphs for Financial and Statistical Data Balance Sheet Total System Income Statement Total System Financial Data Oregon and Total System Source and Disposition of Electric Energy Oregon and Total System Sales Statistics Oregon and Total System Consumer-Owned Cooperatives Blachly-Lane County Cooperative Electric Assn. Central Electric Cooperative, Inc. Clearwater Power Company Columbia Basin Electric Cooperative, Inc. Columbia Power Cooperative Assn. Columbia Rural Electric Assn., Inc. Consumers Power, Inc. Coos-Curry Electric Cooperative, Inc. Douglas Electric Cooperative, Inc.. Harney Electric Cooperative, Inc. Hood River Electric Cooperative Lane Electric Cooperative, Inc. Midstate Electric Cooperative, Inc. 2

10 Page Oregon Trail Electric Consumers Cooperative, Inc. Salem Electric Surprise Valley Electrification Corp. Umatilla Electric Cooperative Wasco Electric Cooperative, Inc. West Oregon Electric Cooperative, Inc. Financial and Statistical Data Operating Revenues, Expenses, and Income Source and Disposition of Electric Energy Sales Statistics Municipal-Owned City of Ashland City of Bandon Canby Utility City of Cascade Locks City of Drain Light & Power Eugene Water & Electric Board City of Forest Grove Light & Power Hermiston Energy Services City of McMinnville Water & Light Milton-Freewater City Light & Power City of Monmouth Springfield Utility Board Financial and Statistical Data Operating Revenues, Expenses, and Income Source and Disposition of Electric Energy Sales Statistics

11 Page People s Utility Districts (PUDs) Central Lincoln PUD Clatskanie PUD Columbia River PUD Emerald PUD Northern Wasco County PUD Tillamook PUD Financial and Statistical Data Operating Revenues, Expenses, and Income Source and Disposition of Electric Energy Sales Statistics Selected Statistics

12 Investor-Owned Electric Utilities in Oregon Ten-Year Summary Selected Statistics Oregon Total [A] Residential Averages in Oregon Revenue From Energy Sold Delivery Average [D] Retail Energy to Retail To ESS Number of Revenue Number of Revenue Per Customer Customers Customers Customers Customers Per kwh Customers Per kwh Revenue kwh (MWh) [B] (MWh) [B] (Cents) (Cents) 2003 $2,047,362,984 32,282, ,279, ,101, $815 11, $2,007,684,399 [C] 31,563, ,878 1,299, [E] 1,119, $822 11, $2,021,352,038 [C] 31,422,866 1,383,635 1,323, [E] 1,140, $826 11, $2,207,417,421 [C] 33,047,876 1,107,219 1,366,066 [F] 6.68 [E] 1,169, $874 11, $2,398,190,266 [C] 32,232,556 2,268,542 1,367, [E] 1,178, $1,004 11, $2,511,710,743 32,264,637 2,518,124 1,382, ,191, $1,067 11, $2,576,288,997 31,514,314 1,993,177 1,389, ,195, $1,072 11, $2,553,248,827 31,029,177 1,166,142 1,396, ,201, $1,026 10, $2,864,304,529 32,008,257 1,077,922 1,400, ,203, $1,162 11, $2,845,462,888 31,344,390 1,433,511 1,405, ,210, $1,138 10,818 [A] Oregon Total excludes Sales for Resale and Other Electric Revenue. [B] 1 Megawatt hour (MWh) = 1,000 Kilowatt hours (kwh). [C] Beginning January 1, 2004, certain commercial and industrial customers have chosen to be served by Electricity Service Suppliers (ESSs) for their energy needs. These figures have been revised from prior reports to exclude revenues received by PacifiCorp and Portland General Electric from providing distribution services to ESS customers. [D] These figures exclude ESS customers. [E] These figures have been revised from prior reports to exclude Oregon revenue from ESS customers and MWh of ESS deliveries. [F] PacifiCorp's 2006 figures reflect duplicate customers, i.e., a customer with more than one meter. 5

13 Idaho Power Company Oregon Electric Ten-Year Summary Selected Statistics Oregon Total [A] Residential Averages in Oregon Revenue From Energy Sold Delivery Average Retail Energy to Retail To ESS Number of Revenue Number of Revenue Per Customer Customers Customers Customers Customers Per kwh Customers Per kwh Revenue kwh (MWh) [B] (MWh) [B] (Cents) (Cents) 2003 $26,116, ,952 N/A 17, , $724 14, $28,326, ,045 N/A 17, , $756 14, $30,807, ,230 N/A 17, , $775 14, $29,668, ,349 N/A 17, , $799 15, $30,277, ,458 N/A 18, , $811 15, $32,240, ,066 N/A 18, , $874 15, $37,104, ,062 N/A 18, , $988 15, $40,153, ,941 N/A 18, , $1,096 14, $42,466, ,858 N/A 18, , $1,204 14, $44,091, ,174 N/A 18, , $1,227 13,899 [A] Oregon Total excludes Sales for Resale and Other Electric Revenue. [B] 1 Megawatt hour (MWh) = 1,000 Kilowatt hours (kwh). 6

14 PacifiCorp Oregon Electric Ten-Year Summary Selected Statistics Oregon Total [A] Residential Averages in Oregon Revenue From Energy Sold Delivery Average [D] Retail Energy to Retail To ESS Number of Revenue Number of Revenue Per Customer Customers Customers Customers Customers Per kwh Customers Per kwh Revenue kwh (MWh) [B] (MWh) [B] (Cents) (Cents) 2003 $738,110,370 13,227, , , $774 12, $716,477,387 [C] 13,133, , , $743 11, $725,666,648 [C] 13,206, , , [E] 447, $759 12, $816,740,728 [C] 13,912, , ,323 [F] 5.87 [E] 464,338 [F] 6.92 $827 11, $928,664,900 [C] 14,077, , , [E] 463, $984 12, $996,152,425 14,018, , , , $1,074 12, $959,448,458 13,422,040 75, , , $1,015 12, $944,131,898 12,717, , , , $989 11, $1,121,442,750 13,014,573 89, , , $1,163 11, $1,144,278,862 12,778, , , , $1,174 11,409 [A] Oregon Total excludes Sales for Resale and Other Electric Revenue. [B] 1 Megawatt hour (MWh) = 1,000 Kilowatt hours (kwh). [C] Beginning January 1, 2004, certain commercial and industrial customers have chosen to be served by Electricity Service Suppliers (ESSs) for their energy needs. These figures have been revised from prior reports to exclude revenues received by PacifiCorp from providing distribution services to ESS customers. [D] These figures exclude ESS customers. [E] These figures have been revised from prior reports to exclude Oregon revenue from ESS customers and MWh of ESS deliveries. [F] PacifiCorp's 2006 figures reflect duplicate customers, i.e., a customer with more than one meter. 7

15 Portland General Electric Company Ten-Year Summary Selected Statistics Oregon Total [A] Residential Averages in Oregon Revenue From Energy Sold Delivery Average [D] Retail Energy to Retail to ESS Number of Revenue Number of Revenue Per Customer Customers Customers Customers Customers Per kwh Customers Per kwh Revenue kwh (MWh) [B] (MWh) [B] (Cents) (Cents) 2003 $1,283,136,445 18,425, , , $844 10, $1,262,880,182 [C] 17,764, , , [E] 668, $875 10, $1,264,877,648 [C] 17,540,047 1,213, , [E] 680, $872 10, $1,361,008,240 [C] 18,432, , , [E] 691, $907 10, $1,439,248,223 [C] 17,461,742 2,164, , [E] 701, $1,020 10, $1,483,317,814 17,575,806 2,417, , , $1,066 11, $1,579,735,957 17,419,212 1,917, , , $1,111 11, $1,568,963,027 17,683,065 1,049, , , $1,049 10, $1,700,395,389 18,356, , , , $1,160 10, $1,657,092,258 17,944,435 1,246, , , $1,113 10,375 [A] Oregon Total excludes Sales for Resale and Other Electric Revenue. [B] 1 Megawatt hour (MWh) = 1,000 Kilowatt hours (kwh). [C] Beginning January 1, 2004, certain commercial and industrial customers have chosen to be served by Electricity Service Suppliers (ESSs) for their energy needs. These figures have been revised from prior reports to exclude revenues received by Portland General Electric from providing distribution services to ESS customers. [D] These figures exclude ESS customers. [E] These figures have been revised from prior reports to exclude Oregon revenue from ESS customers and MWh of ESS deliveries. 8

16 2012 MWh Sales to Ultimate Customers [A] Oregon Investor-Owned Utilities: Percent Average Percent Average MWh of MWh No. of MWh of MWh No. of Sales Sales Customers Sales Sales Customers Municipal-Owned Utilities: Idaho Power 621, % 18,398 Ashland 171, % 11,688 PacifiCorp 12,778, % 560,099 Bandon 63, % 3,759 Portland General Electric 17,944, % 827,467 Canby 168, % 6,804 Total 31,344, % 1,405,964 Cascade Locks 17, % 808 Drain 15, % 754 Total Electricity Service Eugene 2,375, % 88,061 Suppliers (ESS) 1,433, % 70 Forest Grove 232, % 9,110 Hermiston 104, % 5,254 Cooperatives: McMinnville 717, % 16,270 Blachly-Lane County 158, % 3,626 Milton-Freewater 105, % 4,879 Central Electric 647, % 31,380 Monmouth 69, % 4,268 Clear Water Power 1, % 155 Springfield 811, % 31,695 Columbia Basin Electric 104, % 3,846 Total 4,853, % 183,350 Columbia Power 24, % 1,816 Columbia Rural Electric 5, % 141 People's Utility Districts: Consumers Power, Inc. 392, % 22,014 Central Lincoln 1,311, % 38,375 Coos-Curry Electric 338, % 17,452 Clatskanie 970, % 4,602 Douglas Electric 146, % 9,803 Columbia River 461, % 18,637 Harney Electric 82, % 2,413 Emerald 413, % 20,485 Hood River Electric 108, % 3,672 Northern Wasco Co. 550, % 12,035 Lane Electric 227, % 12,739 Tillamook 460, % 20,594 Midstate Electric 371, % 18,215 Total 4,167, % 114,728 Oregon Trail Electric 631, % 30,309 Salem Electric 312, % 18,578 Surprise Valley Electrification 34, % 1,763 Umatilla Electric 973, % 14,255 Wasco Electric 107, % 4,633 West Oregon 65, % 4,273 Total 4,734, % 201,083 Total Oregon 46,533, % 1,905,195 [A] Ultimate Customer Totals exclude Sales for Resale. 9

17 Investor-Owned Electric Utilities in Oregon Ten-Year Summary Distribution of Operating Revenues [A] $4,000 $3,500 $3,000 Millions of Dollars $2,500 $2,000 $1,500 $1,000 $500 $ Net Operating Income Taxes Depreciation Other Operating Expenses [A] Operating Revenues include revenue from Ultimate Customers, Sales for Resale, and Other Electric Operations. 10

18 Electric Suppliers in Oregon Ten-Year Summary Total Sales to Ultimate Customers (MWh) In Millions Investor-Owned Cooperatives Municipal-Owned PUDs ESS [A] [A] Beginning January 1, 2004, certain commercial and industrial customers have chosen to be served by Electricity Service Suppliers (ESSs) for their energy needs. 11

19 Electric Utilities Total Oregon Sales to Ultimate Customers During 2012 (MWh) Cooperatives 10.2% Idaho Power 1.3% PacifiCorp 27.5% Municipalities 10.4% PUDs 9.0% Electricity Service Suppliers (ESS) 3.1% Portland General Electric 38.6% 12

20 Selected Electric Utilities in Oregon and United States Averages [A] Residential Averages for Central Lincoln PUD Tillamook PUD Canby Utility Board City of Eugene Springfield Utility Board Central Electric Coop Lane Electric Coop Salem Electric Coop Idaho Power PacifiCorp Portland General United States Annual Revenue Per kwh (in cents) Consumption Per Customer (kwh in thousands) [A] United States data for residential averages is from the Energy Information Administration, Department of Energy. 13

21 Electric Utilities Total Oregon Customers in Oregon for 2012 [A] Cooperatives 10.6% Idaho Power 1.0% PacifiCorp 29.4% Municipalities 9.6% PUDs 6.0% Portland General Electric 43.4% [A] For 2012, ESS customers are less than 1% of total Oregon customers. 14

22 Investor-Owned Electric Utilities in Oregon Balance Sheet Total System Year Ending December 31, 2012 Portland Idaho General Investor-Owned Power Co. PacifiCorp Electric Co. Electric Utilities ASSETS AND OTHER DEBITS Utility Plant $4,922,872,974 $23,971,186,312 $6,806,135,364 $35,700,194,650 Construction Work in Progress 298,470,440 1,250,513, ,303,251 1,689,286,876 Less: Depreciation & Amortization Reserve 1,871,810,171 8,018,360,420 3,250,583,440 13,140,754,031 Net Utility Plant $3,349,533,243 $17,203,339,077 $3,695,855,175 $24,248,727,495 Other Property & Investments 120,819, ,749,865 92,507, ,077,012 Current & Accrued Assets 266,212,411 1,286,678, ,538,166 1,994,428,936 Deferred Debits 1,545,535,282 2,609,052,798 1,047,556,343 5,202,144,423 Total Assets & Other Debits $5,282,100,867 $21,456,820,099 $5,277,456,900 $32,016,377,866 LIABILITIES AND OTHER CREDITS Common Stock $97,877,030 $3,417,945,896 $832,388,455 $4,348,211,381 Preferred Stock 0 40,733, ,733,100 Premium (Less Disc.) on Capital Stock 712,257, ,257,435 Other Paid-in Capital 0 1,102,229,981 16,366,513 1,118,596,494 Installments Received on Capital Stock Less: Capital Stock Expense (2,096,925) (41,284,560) (7,776,148) (51,157,633) Retained Earnings 752,514,607 2,979,135, ,192,136 4,624,842,036 Unappropriated Undist. Sub. Earnings 82,217, ,299,053 (135,601) 239,380,602 Less: Reacquired Capital Stock Accumulated Other Comprehensive Income (17,115,669) (12,003,821) (6,376,798) (35,496,288) Total Proprietary Capital $1,625,653,628 $7,644,054,942 $1,727,658,557 $10,997,367,127 Long-Term Debt 1,537,695,322 6,806,057,103 1,635,621,418 9,979,373,843 Other Noncurrent Liabilities 502,283, ,172, ,319,409 1,949,775,162 Current & Accrued Liabilities 174,487, ,260, ,191,662 1,472,939,910 Customer Advances for Construction 13,261,592 19,569, ,831,561 Accumulated Deferred Investment Tax Cr. 79,896,604 34,331, ,227,621 Other Deferred Credits 17,982, ,027,535 1,596, ,606,962 Other Regulatory Liabilities 69,401, ,737,542 73,382, ,521,469 Unamortized Gain on Required Debt ,533 82,533 Accumulated Deferred Income Taxes 1,261,438,564 4,733,608, ,604,625 6,871,651,678 Total Liabilities & Other Credits $5,282,100,867 $21,456,820,099 $5,277,456,900 $32,016,377,866 15

23 Investor-Owned Electric Utilities in Oregon Income Statement Total System Year Ending December 31, 2012 Portland Idaho General Investor-Owned Power Co. PacifiCorp Electric Co. Electric Utilities NET INCOME Operating Revenues $1,075,085,871 $4,849,485,873 $1,823,171,165 $7,747,742,909 Operation & Maintenance Expenses $670,512,557 $2,939,835,533 $1,166,654,683 $4,777,002,773 Depreciation & Amortization Expenses 123,901, ,334, ,734, ,969,793 Taxes Other Than Income 29,739, ,220,404 95,320, ,280,712 Income Taxes 34,678, ,816,047 64,479, ,974,134 Other Operating Expenses (18,421) (42,129) 1,805,754 1,745,204 Total Operating Expenses $858,813,772 $3,964,164,354 $1,578,994,490 $6,401,972,616 Net Operating Income $216,272,099 $885,321,519 $244,176,675 $1,345,770,293 Net Other Income & Deductions 25,325,465 (3,188,787) 5,130,062 27,266,740 Income Before Interest Charges $241,597,564 $882,132,732 $249,306,737 $1,373,037,033 Interest Charges 61,500, ,039, ,291, ,830,948 AFUDC-Credit 11,929,405 28,756,114 3,699,361 44,384,880 Income Before Extraordinary Items $168,168,039 $537,337,285 $141,315,881 $846,821,205 Extraordinary Items Net Income $168,168,039 $537,337,285 $141,315,881 $846,821,205 RETAINED EARNINGS Balance, January 1 $733,093,998 $2,797,571,096 $829,541,808 $4,360,206,902 Net Income 168,168, ,337, ,315, ,821,205 Other Credits Dividends (68,739,968) (202,049,846) (81,653,949) (352,443,763) Other Debits/Charges Appropriated Retained Earnings 2,209,688 3,575,811 3,852,795 9,638,294 Balance, December 31 $834,731,757 $3,136,434,346 $893,056,535 $4,864,222,638 16

24 Investor-Owned Electric Utilities in Oregon Financial Data Oregon and Total System Year Ending December 31, 2012 Portland General Investor-Owned Idaho Power Co. PacifiCorp Electric Co. Electric Utilities Oregon System Oregon System Oregon Oregon OPERATING REVENUES Residential $16,344,607 $431,555,478 $556,084,917 $1,611,369,814 $804,944,928 $1,377,374,452 Commercial & Industrial 27,609, ,408, ,737,455 2,623,833, ,190,650 1,443,537,758 Public Street & Highway Lighting 137,508 3,588,495 6,456,490 19,998,454 17,956,680 24,550,678 Other Public Authorities ,263, Revenue from Retail Energy Customers $44,091,768 $955,552,462 $1,144,278,862 $4,271,465,085 $1,657,092,258 $2,845,462,888 Sales for Resale 2,692,053 61,534,224 83,963, ,569,624 72,173, ,828,839 Total Revenue from Electric Sales $46,783,821 $1,017,086,686 $1,228,242,071 $4,602,034,709 $1,729,265,835 $3,004,291,727 (Less) Provision for Rate Refunds 22,751 17,809, (7,763,527) (7,740,776) Other Electric Revenue 3,645,801 75,808,969 58,685, ,451,164 86,141, ,473,409 Total Operating Revenue $50,406,871 $1,075,085,871 $1,286,927,876 [B] $4,849,485,873 $1,823,171,165 $3,160,505,912 Revenue from ESS [A] Deliveries N/A N/A $6,627,403 N/A $33,274,941 $39,902,344 OPERATING EXPENSES Production $19,903,663 $384,341,435 $509,213,729 $2,142,943,722 $785,095,053 $1,314,212,445 Transmission 1,193,230 29,051,217 53,440, ,484,082 81,542, ,175,396 Distribution 2,522,335 48,376,086 65,870, ,678,291 84,481, ,874,895 Customer Accounts 978,182 19,523,325 33,503,023 91,533,005 52,044,116 86,525,321 Customer Service & Information 1,894,848 35,122,810 28,364, ,956,755 12,207,313 42,466,413 Administrative & General 7,661, ,097,684 55,027, ,239, ,284, ,974,244 Total Operating Expenses $34,154,020 $670,512,557 $745,420,011 $2,939,835,533 $1,166,654,683 $1,946,228,714 OTHER REVENUE DEDUCTIONS Depreciation & Amortization $5,165,929 $123,901,251 $170,655,347 $622,334,499 $250,734,043 $426,555,319 Taxes 2,610,691 65,167, ,664, ,698, ,525, ,801,026 Miscellaneous Debits & Credits 0 (748,954) 0 337,452 (5,725,952) (5,725,952) Net Gains (Loss) from Disposition of Utility Plant 0 (18,421) (175,994) (42,129) 1,805,754 1,629,760 Total Revenue Deductions $7,776,620 $188,301,215 $303,143,726 $1,024,328,821 $412,339,807 $723,260,153 Total Expenses and Deductions $41,930,640 $858,813,772 $1,048,563,737 $3,964,164,354 $1,578,994,490 $2,669,488,867 NET OPERATING INCOME (or Loss) $8,476,231 $216,272,099 $238,364,139 $885,321,519 $244,176,675 $491,017,045 [A] ESS - Electricity Service Suppliers. [B] PacifiCorp's revenues include allocations to Oregon. 17

25 Investor-Owned Electric Utilities in Oregon Source and Disposition of Electric Energy Oregon and Total System (MWh) [A] Year Ending December 31, 2012 Portland General Investor-Owned Idaho Power Co. PacifiCorp Electric Co. Electric Utilities Oregon System Oregon System Oregon Oregon GENERATION (MWh) Steam 230,176 5,227, ,760,136 3,610,126 3,840,302 Hydro 3,176,573 7,956,343 1,501,111 4,264,288 1,942,761 6,620,445 Other 0 675,603 1,341,214 8,244,632 4,006,534 5,347,748 Total Generation 3,406,749 13,859,001 2,842,325 57,269,056 9,559,421 15,808,495 PURCHASED ENERGY [C] 3,667,462 3,973,411 13,716,836 12,654,253 16,627,664 INTERCHANGES NET [C] (3,932) 10,562, ,212 (41,402) 10,521,341 Grand Total Available [C] 17,522,531 17,378,479 71,165,104 22,172,272 42,957,500 [F] SALES (MWh) Residential 185,122 5,039,358 5,405,577 15,968,423 7,505,405 13,096,104 Commercial & Industrial 435,198 9,014,160 7,334,669 38,145,534 10,328,294 18,098,161 Public Street & Highway Lighting ,798 38, , , ,125 Other Public Authorities , Sales to Retail Energy Customers 621,174 14,085,316 12,778,781 54,549,341 17,944,435 31,344,390 Sales for Resale 95,515 2,183,262 2,899,578 11,869,789 3,188,338 6,183,431 Total All Sales 716,689 16,268,578 15,678,359 [E] 66,419,130 21,132,773 37,527,821 Percentage of Oregon Sales 4% N/A 24% N/A N/A N/A ENERGY NOT REPORTED AS SOLD Furnished Without Charge [C] Used by Company [C] 0 21, ,155 24,148 45,687 Total Accounted For 716,689 16,268,578 15,699,898 66,571,285 21,156,921 37,573,508 BALANCE LOST [C] 1,253,953 1,678,581 4,593,819 1,015,351 2,693,932 Grand Total Disposition [C] 17,522,531 17,378,479 71,165,104 22,172,272 39,550,751 [F] ESS [B] Deliveries N/A N/A 186,804 N/A 1,246,708 1,433,512 GENERATION CAPACITY (Total Installed Year End) Steam 64,200 1,118,200 1,796,233 6,927,400 1,370,830 3,231,263 Hydro 581,500 1,709, ,513 1,016, ,900 1,652,913 Other 0 767, ,489 2,250,300 1,360,400 1,943,889 Total Installed (kw) 645,700 [D] 3,594,397 2,643,235 10,193,970 3,539,130 6,828,065 [A] 1 Megawatt hour (MWh) = 1,000 Kilowatt hours (kwh). [B] ESS - Electricity Service Suppliers. [C] Data unavailable. [D] Oregon situs. [E] These numbers include some interruptible sales to Oregon. [F] Grand Total Dispostion does not equal Grand Total Available due to unavailable data from Idaho Power. 18

26 Investor-Owned Electric Utilities in Oregon Sales Statistics Oregon and Total System Year Ending December 31, 2012 AVERAGE NUMBER OF CUSTOMERS Portland General Investor-Owned Idaho Power Co. PacifiCorp Electric Co. Electric Utilities Oregon System Oregon System Oregon Oregon Residential 13, , ,820 1,504, ,440 1,210,579 Commercial & Industrial 5,054 82,603 85, , , ,618 Public Street & Highway Lighting 25 2, , Other Public Authorities Total 18, , ,099 [A] 1,753, ,467 [A] 1,405,964 [A] AVERAGE REVENUE PER kwh SOLD (Cents) Residential Commercial & Industrial Public Street & Highway Lighting Other Public Authorities Total Sales - Retail Energy Customers [B] [B] 9.08 [B] Sales for Resale Total RESIDENTIAL AVERAGE PER CUSTOMER Revenue $1,227 $1,043 $1,174 $1,071 $1,113 $1,138 Sales (kwh) 13,899 12,184 11,409 10,614 10,375 10,818 [A] Oregon excludes ESS (Electricity Service Suppliers) customers. [B] Oregon excludes revenues from ESS customers and MWh of ESS deliveries. 19

27 Electric Cooperatives in Oregon Operating Revenues, Expenses, and Income Year Ending December 31, 2012 Columbia Columbia Blachly- Central Clearwater Basin Columbia Rural Lane Co. Electric Power Electric Power Electric OPERATING REVENUES Residential $5,276,644 $35,713,241 $146,808 $3,744,560 $1,265,070 $71,619 Commercial & Industrial 6,167,276 9,333,533 23,562 2,100, ,037 28,374 Public Street and Highway Lighting 4,841 61, ,208 14,328 0 Other Public Authorities Interdepartmental Sales Irrigation Sales 69,100 4,045,321 1,634 1,640, , ,323 Other Sales to Ultimate Customers Total Revenue from Ultimate Customers $11,517,861 $49,153,927 $172,004 $7,533,981 $2,037,416 $424,316 Sales for Resale ,578 Total Revenue Sales of Electric Energy $11,517,861 $49,153,927 $172,004 $7,533,981 $2,037,416 $653,894 Miscellaneous Revenues 87, ,671 4, ,804 1,504,692 8,061 Total Operating Revenues $11,604,896 $49,532,598 $176,527 $7,687,785 $3,542,108 $661,955 OPERATING EXPENSES Production $0 $0 $0 $0 $0 $0 Purchase 6,492,726 22,441,935 61,173 3,483, , ,346 Transmission 17,919 47, , ,063 38,990 Distribution 1,875,205 3,078,674 33,663 1,186, ,102 83,310 Customer Accounts 492,428 1,287,205 5, , ,334 18,700 Customer Service & Information 5, ,410 3,568 26, ,619 Administrative & General 946,018 5,275,515 17, , ,108 47,113 Total Operating Expenses $9,829,650 $32,636,004 $121,310 $5,801,757 $2,181,001 $410,078 OTHER REVENUE DEDUCTIONS Depreciation & Amortization Expenses $579,514 $5,390,111 $21,172 $910,211 $260,007 $52,201 Taxes 179,923 1,931,311 4, ,409 52,701 18,781 Other Expenses 267,905 4,086,369 13, , ,421 59,368 Non-operating (Gain) or Loss (216,530) (1,478,492) 0 (148,863) 5,260 (14,617) Total Other Revenue Deductions $810,812 $9,929,299 $39,522 $1,197,466 $1,011,389 $115,733 Net Operating Income or (Loss) $964,434 $6,967,295 $15,695 $688,562 $349,718 $136,144 Fixed Capital $24,118,529 $206,192,112 $790,178 $32,179,650 $29,521,562 $1,351,140 Depreciation Reserve 11,113,008 69,813, ,689 12,181,193 7,576, ,323 20

28 Electric Cooperatives in Oregon Operating Revenues, Expenses, and Income Year Ending December 31, 2012 Consumers Coos-Curry Douglas Harney Hood River Lane Power Electric Electric Electric Electric Electric OPERATING REVENUES Residential $23,942,708 $18,867,479 $11,268,300 $1,256,135 $3,768,879 $17,789,931 Commercial & Industrial 8,211,770 11,191,833 2,165, ,889 2,990,780 3,088,215 Public Street and Highway Lighting 133,692 93,609 9, ,543 Other Public Authorities Interdepartmental Sales Irrigation Sales 466, , ,645 2,874, ,522 7,353 Other Sales to Ultimate Customers Total Revenue from Ultimate Customers $32,754,596 $30,743,577 $13,550,596 $4,894,418 $6,924,181 $21,010,042 Sales for Resale Total Revenue Sales of Electric Energy $32,754,596 $30,743,577 $13,550,596 $4,894,418 $6,924,181 $21,010,042 Miscellaneous Revenues 257, , ,134 22, , ,292 Total Operating Revenues $33,012,074 $31,154,218 $13,743,730 $4,917,238 $7,490,081 $21,514,334 OPERATING EXPENSES Production $0 $0 $0 $0 $0 $0 Purchase 13,972,263 11,974,260 5,380,492 2,097,777 3,600,091 8,236,454 Transmission 83, ,040 52, , ,695 6,266 Distribution 6,606,402 7,286,197 2,784,663 1,044, ,862 5,000,165 Customer Accounts 1,462,212 1,415, , , , ,266 Customer Service & Information 369, , ,327 42,185 92, ,439 Administrative & General 2,059,443 2,233,226 1,514, , ,044 2,391,733 Total Operating Expenses $24,553,221 $23,842,312 $10,737,362 $3,947,637 $5,912,355 $17,260,323 OTHER REVENUE DEDUCTIONS Depreciation & Amortization Expenses $3,863,927 $3,668,763 $1,654,704 $619,417 $374,262 $2,028,734 Taxes 1,093, , , ,737 80, ,123 Other Expenses 2,334,241 2,166, ,726 47, ,439 1,257,402 Non-operating (Gain) or Loss (679,516) (456,898) (350,507) (92,647) 0 (212,568) Total Other Revenue Deductions $6,611,841 $6,225,906 $2,343,198 $695,755 $640,202 $3,750,691 Net Operating Income or (Loss) $1,847,012 $1,086,000 $663,170 $273,846 $937,524 $503,320 Fixed Capital $136,937,382 $116,955,019 $27,458,034 $26,892,806 $4,953,245 $65,803,170 Depreciation Reserve 57,852,550 34,598,947 22,831,416 9,351,513 4,855,252 19,575,886 21

29 Electric Cooperatives in Oregon Operating Revenues, Expenses, and Income Year Ending December 31, 2012 Oregon Surprise West Midstate Trail Salem Valley Umatilla Wasco Oregon Electric Electric Electric Electrification Electric Electric Electric OPERATING REVENUES Residential $17,879,612 $24,620,481 $15,074,737 $1,161,878 $12,794,767 $4,711,125 $7,121,412 Commercial & Industrial 6,487,416 18,974,738 9,197, ,579 26,675,843 3,682,875 1,813,919 Public Street and Highway Lighting 1, , ,615 3,432 55,122 19,211 22,189 Other Public Authorities Interdepartmental Sales Irrigation Sales 2,753,226 2,721, ,191 14,246, ,698 5,956 Other Sales to Ultimate Customers Total Revenue from Ultimate Customers $27,121,749 $46,589,603 $24,613,391 $2,443,080 $53,772,700 $9,362,909 $8,963,476 Sales for Resale Total Revenue Sales of Electric Energy $27,121,749 $46,589,603 $24,613,391 $2,443,080 $53,772,700 $9,362,909 $8,963,476 Miscellaneous Revenues 25,292 1,039,688 89, ,344 94,134 Total Operating Revenues $27,147,041 $47,629,291 $24,703,311 $2,443,080 $53,772,700 $9,977,253 $9,057,610 OPERATING EXPENSES Production $0 $0 $0 $0 $0 $0 $0 Purchase 11,810,192 22,119,689 9,026,475 1,000,823 31,162,045 3,465,862 2,318,527 Transmission 123, ,708 1,374, ,940 65, ,088 99,078 Distribution 3,559,485 5,639,377 2,263, ,025,978 2,480,504 3,196,573 Customer Accounts 1,310,424 2,106,716 1,598, ,506, , ,356 Customer Service & Information 249, ,959 66, , ,907 17,960 Administrative & General 3,205,305 5,780,813 3,296, ,059,451 1,035,405 1,169,026 Total Operating Expenses $20,258,515 $36,322,262 $17,625,595 $1,144,763 $42,656,931 $7,915,021 $7,220,520 OTHER REVENUE DEDUCTIONS Depreciation & Amortization Expenses $3,401,500 $4,080,154 $1,451,437 $0 $4,416,593 $713,842 $885,858 Taxes 674,487 1,540,980 1,333, ,147, , ,939 Other Expenses 1,661,013 2,766, , ,848, , ,365 Non-operating (Gain) or Loss (267,327) (1,031,258) (129,660) 0 1,592,508 (52,787) (84,242) Total Other Revenue Deductions $5,469,673 $7,356,625 $3,465,105 [A] $10,004,748 $1,280,930 $2,014,920 Net Operating Income or (Loss) $1,418,853 $3,950,404 $3,612,611 $1,298,317 $1,111,021 $781,302 ($177,830) Fixed Capital $96,205,281 $146,627,833 $56,475,006 $9,834,848 $130,705,290 $31,528,730 $38,181,664 Depreciation Reserve 42,680,130 45,561,822 26,762,744 6,275,937 50,316,651 11,326,480 11,615,413 [A] Available system-wide only. 22

30 Electric Cooperatives in Oregon Source and Disposition of Electric Energy (kwh) Year Ending December 31, 2012 Columbia Columbia Blachly- Central Clearwater Basin Columbia Rural Lane Co. Electric Power Electric Power Electric GENERATED OUTPUT FROM OWN PLANTS Hydroelectric Steam, Internal Combustion, & Other Total PURCHASED ENERGY From Privately Owned Electric Utilities From Publicly Owned Electric Utilities From Other Sources (Non-Utility) 165,458, ,335,460 1,689, ,604,608 26,926,307 8,339,853 Total Purchases 165,458, ,335,460 1,689, ,604,608 26,926,307 8,339,853 Grand Total Available 165,458, ,335,460 1,689, ,604,608 26,926,307 8,339,853 SALES TO ULTIMATE CUSTOMERS Residential 51,494, ,371,314 1,331,996 41,386,809 13,829, ,158 Commercial & Industrial 106,595, ,998, ,502 31,076,280 5,034, ,901 Public Street and Highway Lighting 35, , ,398 82,800 0 Other Public Authorities Interdepartmental Sales Irrigation Sales 397,606 61,404,807 10,891 32,122,578 5,138,247 4,922,612 Other Sales to Ultimate Customers Total Sales to Ultimate Customers 158,523, ,088,673 1,577, ,883,065 24,084,591 5,846,671 Sales for Resale ,157,900 Total All Sales 158,523, ,088,673 1,577, ,883,065 24,084,591 8,004,571 Percentage of Oregon Sales 100% 100% 1.014% 100% 100% 2.64% ENERGY NOT REPORTED AS SOLD Used by Utility 282,000 1,116, , ,116 7,233 Supplied Without Charge Loss 6,653,207 47,129, ,486 6,499,629 2,725, ,049 Total Unsold 6,935,207 48,246, ,486 6,721,543 2,841, ,282 Grand Total Disposition 165,458, ,335,460 1,689, ,604,608 26,926,307 8,339,853 23

31 Electric Cooperatives in Oregon Source and Disposition of Electric Energy (kwh) Year Ending December 31, 2012 Consumers Coos-Curry Douglas Harney Hood River Lane Power Electric Electric Electric Electric Electric GENERATED OUTPUT FROM OWN PLANTS Hydroelectric Steam, Internal Combustion, & Other Total PURCHASED ENERGY From Privately Owned Electric Utilities From Publicly Owned Electric Utilities From Other Sources (Non-Utility) 423,735, ,638, ,448,131 91,286, ,208, ,987,689 Total Purchases 423,735, ,638, ,448,131 91,286, ,208, ,987,689 Grand Total Available 423,735, ,638, ,448,131 91,286, ,208, ,987,689 SALES TO ULTIMATE CUSTOMERS Residential 269,082, ,349, ,997,911 17,595,805 53,200, ,562,410 Commercial & Industrial 117,992, ,500,963 24,154,924 9,906,091 53,433,404 35,665,523 Public Street and Highway Lighting 528, ,931 92, ,187 Other Public Authorities Interdepartmental Sales Irrigation Sales 5,101,721 4,411,103 1,166,355 54,888,172 1,812,376 86,744 Other Sales to Ultimate Customers Total Sales to Ultimate Customers 392,705, ,679, ,412,144 82,390, ,446, ,693,864 Sales for Resale Total All Sales 392,705, ,679, ,412,144 82,390, ,446, ,693,864 Percentage of Oregon Sales 100% 100% 100% 42% 100% 100% ENERGY NOT REPORTED AS SOLD Used by Utility 1,133, , , ,089 0 Supplied Without Charge , Loss 29,897,560 17,167,842 11,934,766 8,692,697 5,657,255 14,293,825 Total Unsold 31,030,759 17,959,363 12,035,987 8,896,172 5,761,344 14,293,825 Grand Total Disposition 423,735, ,638, ,448,131 91,286, ,208, ,987,689 24

32 Electric Cooperatives in Oregon Source and Disposition of Electric Energy (kwh) Year Ending December 31, 2012 Oregon Surprise West Midstate Trail Salem Valley Umatilla Wasco Oregon Electric Electric Electric Electrification Electric Electric Electric GENERATED OUTPUT FROM OWN PLANTS Hydroelectric Steam, Internal Combustion, & Other Total PURCHASED ENERGY From Privately Owned Electric Utilities From Publicly Owned Electric Utilities From Other Sources (Non-Utility) 395,041, ,699, ,318,947 39,609,190 1,022,505, ,284,422 68,195,369 Total Purchases 395,041, ,699, ,318,947 39,609,190 1,022,505, ,284,422 68,195,369 Grand Total Available 395,041, ,699, ,318,947 39,609,190 1,022,505, ,284,422 68,195,369 SALES TO ULTIMATE CUSTOMERS Residential 231,387, ,931, ,576,473 15,826, ,376,890 49,264,279 50,012,465 Commercial & Industrial 92,423, ,880, ,954,900 6,039, ,595,621 45,732,955 15,651,195 Public Street and Highway Lighting 6,480 1,654,565 2,541,543 21, ,110 93, ,517 Other Public Authorities Interdepartmental Sales Irrigation Sales 47,761,556 51,140, ,916, ,021,355 12,216,207 29,320 Other Sales to Ultimate Customers Total Sales to Ultimate Customers 371,578, ,607, ,072,916 34,803, ,380, ,307,300 65,880,497 Sales for Resale Total All Sales 371,578, ,607, ,072,916 34,803, ,380, ,307,300 65,880,497 Percentage of Oregon Sales 100% 100% 100% 25% 100% 100% 100% ENERGY NOT REPORTED AS SOLD Used by Utility 1,046, ,456 1,596,267 25,971 0 Supplied Without Charge Loss 22,416,448 33,092,177 11,246,031 4,804,201 47,528,736 4,951,151 2,314,872 Total Unsold 23,462,745 33,092,177 11,246,031 4,805,657 49,125,003 4,977,122 2,314,872 Grand Total Disposition 395,041, ,699, ,318,947 39,609,190 1,022,505, ,284,422 68,195,369 25

33 Electric Cooperatives in Oregon Sales Statistics Year Ending December 31, 2012 Columbia Columbia Blachly- Central Clearwater Basin Columbia Rural Lane Co. Electric Power Electric Power Electric AVERAGE NUMBER OF CUSTOMERS Residential 3,245 27, ,100 1, Commercial & Industrial 294 2, Public Street and Highway Lighting Other Public Authorities Interdepartmental Irrigation 78 1, Other Sales to Ultimate Customers Total Customers 3,626 [B] 31,380 [C] 155 3,846 [D] 1,816 [E] 141 [F] Sales for Resale Total 3,626 [B] 31,380 [C] 155 3,846 [D] 1,816 [E] 142 [F] AVERAGE REVENUE PER KWH SOLD (Cents) Residential Commercial & Industrial Public Street and Highway Lighting Other Public Authorities Interdepartmental Sales Irrigation Sales N/A Other Sales to Ultimate Customers Total Sales to Ultimate Customers Sales for Resale Total RESIDENTIAL AVERAGE PER CUSTOMER Revenue $1,626 $1,314 $1,096 $1,208 $958 $1,628 Sales (kwh) 15,869 16,197 9,940 13,351 10,477 17,208 PLANT OUTPUT CAPACITY (kw) Hydroelectric Steam, Internal Combustion, & Other [B] Includes the following duplicates: 637 Residential and 139 Commercial/Industrial. [C] Includes the following duplicates: 2,327 Residential; 340 Commercial/Industrial; 3 Public Street and Highway Lighting; and 173 Irrigation Sales. [D] Includes the following duplicates: 804 Residential; 140 Commercial/Industrial; and 107 Irrigation Sales. [E] Includes the following duplicates: 605 Residential; 132 Commercial/Industrial; and 102 Irrigation Sales. [F] Includes the following duplicates: 5 Residential; 11 Commercial/Industrial; and 51 Irrigation Sales. 26

34 Electric Cooperatives in Oregon Sales Statistics Year Ending December 31, 2012 Consumers Coos-Curry Douglas Harney Hood River Lane Power Electric Electric Electric Electric Electric AVERAGE NUMBER OF CUSTOMERS Residential 19,726 14,938 9, ,252 11,889 Commercial & Industrial 1,721 2, Public Street and Highway Lighting Other Public Authorities Interdepartmental Irrigation Other Sales to Ultimate Customers Total Customers 22,014 [G] 17,452 9,803 [H] 2,413 [I] 3,672 [J] 12,739 [K] Sales for Resale Total 22,014 [G] 17,452 9,803 [H] 2,413 [I] 3,672 [J] 12,739 [K] AVERAGE REVENUE PER KWH SOLD (Cents) Residential Commercial & Industrial Public Street and Highway Lighting Other Public Authorities Interdepartmental Sales Irrigation Sales Other Sales to Ultimate Customers Total Sales to Ultimate Customers Sales for Resale Total RESIDENTIAL AVERAGE PER CUSTOMER Revenue $1,214 $1,263 $1,248 $1,329 $1,159 $1,496 Sales (kwh) 13,641 13,144 13,404 18,620 16,362 16,113 PLANT OUTPUT CAPACITY (kw) Hydroelectric Steam, Internal Combustion, & Other [G] Includes the following duplicates: 3,869 Residential; 344 Commercial/Industrial; and 86 Irrigation Sales. [H] Includes the following duplicates: 993 Residential; 64 Commercial/Industrial; and 6 Irrigation Sales. [I] Includes the following duplicates: 293 Residential; 267 Commercial/Industrial; and 220 Irrigation Sales. [J] Includes the following duplicates: 700 Residential; 90 Commercial/Industrial; and 65 Irrigation Sales. [K] Includes the following duplicates: 16 Public Street & Highway Lighting. 27

35 Electric Cooperatives in Oregon Sales Statistics Year Ending December 31, 2012 Oregon Surprise West Midstate Trail Salem Valley Umatilla Wasco Oregon Electric Electric Electric Electrification Electric Electric Electric AVERAGE NUMBER OF CUSTOMERS Residential 16,159 25,033 16,500 1,148 10,961 3,769 3,948 Commercial & Industrial 1,577 4,279 2, , Public Street and Highway Lighting Other Public Authorities Interdepartmental Irrigation , Other Sales to Ultimate Customers Total Customers 18,215 30,309 18,578 1,763 14,255 4,633 [L] 4,273 [M] Sales for Resale Total 18,215 30,309 18,578 1,763 14,255 4,633 [L] 4,273 [M] AVERAGE REVENUE PER KWH SOLD (Cents) Residential Commercial & Industrial Public Street and Highway Lighting Other Public Authorities Interdepartmental Sales Irrigation Sales Other Sales to Ultimate Customers Total Sales to Ultimate Customers Sales for Resale Total RESIDENTIAL AVERAGE PER CUSTOMER Revenue $1,106 $984 $914 $1,012 $1,167 $1,250 $1,804 Sales (kwh) 14,319 11,222 11,126 13,786 14,997 13,071 12,668 PLANT OUTPUT CAPACITY (kw) Hydroelectric Steam, Internal Combustion, & Other [L] Includes the following duplicates: 893 Residential; 344 Commercial/Industrial; 1 Public Street and Highway Lighting; and 146 Irrigation Sales. [M] Includes the following duplicates: 266 Residential; 280 Commercial/Industrial; 3 Public Street and Highway Lighting; and 1 Irrigation Sales. 28

36 Municipal-Owned Electric Utilities in Oregon Operating Revenues, Expenses, and Income Year Ending December 31, 2012 City of City of Eugene Water City of City of Canby Cascade Drain and Electric Ashland Bandon Utility Locks Light & Power Board OPERATING REVENUES Residential $6,483,099 $2,652,969 $5,027,564 $720,378 $612,461 $90,784,575 Commercial & Industrial 4,294,787 1,811,884 4,361, ,042 [A] 658,741 90,873,617 Public Street and Highway Lighting ,675 25,368 4,895 1,038,846 Other Public Authorities 1,237, , , , Interdepartmental Sales 401, , , ,127,583 Irrigation Sales 0 124, Other Sales to Ultimate Customers , ,039 0 Total Revenue from Ultimate Customers $12,417,210 $4,963,466 $9,704,263 $1,488,850 $1,287,136 $183,824,621 Sales for Resale ,791,871 Total Revenue Sales of Electric Energy $12,417,210 $4,963,466 $9,704,263 $1,488,850 $1,287,136 $231,616,492 Miscellaneous Revenues 539, , ,745 89,635 14,629 19,612,208 [B] Total Operating Revenues $12,956,257 $5,207,274 $10,213,008 $1,578,485 $1,301,765 $251,228,700 OPERATING EXPENSES Production $0 $0 $0 $0 $0 $17,372,568 Purchase 5,986,024 2,058,306 5,393, , , ,960,527 Transmission 878, , , , ,246,671 Distribution 5,972,101 1,707, , , ,975 18,328,879 Customer Accounts 0 341, , ,383 9,604,743 Customer Service & Information 209,440 61, ,139 2, ,890,817 Administrative & General 181, ,421 1,005, , ,777 23,733,538 Total Operating Expenses $13,227,840 $4,918,255 $8,338,059 $1,583,948 $1,037,953 $190,137,743 OTHER REVENUE DEDUCTIONS Depreciation & Amortization Expenses $439,263 $0 $589,028 $101,989 $43,482 $16,622,804 Taxes 0 302, ,820 88,198 91,644 13,853,284 Other Expenses 9, ,798 26, ,894,281 Non-operating (Gain) or Loss , Total Other Revenue Deductions $448,914 $413,195 $1,117,867 $190,187 $135,126 $45,370,369 Net Operating Income or (Loss) ($720,497) ($124,176) $757,082 ($195,650) $128,686 $15,720,588 Fixed Capital $0 $14,514,221 $0 $2,348,976 $0 $684,999,356 Depreciation Reserve 0 7,294, ,796,716 1,838,543 (336,564,454) [A] [B] Includes security lights. Includes Regulatory credits-net. 29

37 Municipal-Owned Electric Utilities in Oregon Operating Revenues, Expenses, and Income Year Ending December 31, 2012 City of Hermiston City of Milton-Freewater Forest Grove Energy McMinnville City City of Springfield Light & Power Services Water & Light Light & Power Monmouth Utility Board OPERATING REVENUES Residential $7,161,358 $3,577,239 $10,950,341 $3,645,779 $3,667,916 $21,956,409 Commercial & Industrial 6,726,371 3,347,831 24,328,291 2,011,346 2,006,248 19,957,922 Public Street and Highway Lighting 165, , ,416 29,368 92, ,766 Other Public Authorities ,715 72, ,621,781 Interdepartmental Sales ,203 Irrigation Sales 5,549 30, , , Other Sales to Ultimate Customers ,891 66, Total Revenue from Ultimate Customers $14,058,454 $7,058,348 $35,747,761 $6,211,504 $5,766,925 $43,946,081 Sales for Resale Total Revenue Sales of Electric Energy $14,058,454 $7,058,348 $35,747,761 $6,211,504 $5,766,925 $43,946,081 Miscellaneous Revenues 476,673 35,977 1,614,393 1,567, ,198 2,996,711 Total Operating Revenues $14,535,127 $7,094,325 $37,362,154 $7,778,638 $6,341,123 $46,942,792 OPERATING EXPENSES Production $0 $0 $0 $0 $0 $0 Purchase 6,630,068 3,384,243 22,507,371 3,211,128 2,114,694 26,954,356 Transmission 972, ,734 3,009, , ,914 3,400,297 Distribution 3,156, ,418 2,950, , ,719 4,875,852 Customer Accounts 137, , , , ,291 2,609,265 Customer Service & Information 83, , , ,682,525 Administrative & General 1,568, ,047 1,909, ,976 78,986 2,895,012 Total Operating Expenses $12,548,860 $5,745,275 $31,068,176 $5,796,018 $3,621,604 $42,417,307 OTHER REVENUE DEDUCTIONS Depreciation & Amortization Expenses $526,064 $467,889 $1,680,321 $217,944 $354,079 $2,803,735 Taxes 825, ,929 1,774, , ,250 1,960,651 Other Expenses 0 564, , ,699 1,505,315 (214,822) Non-operating (Gain) or Loss (44,311) 0 325, (131,364) Total Other Revenue Deductions $1,306,931 $1,385,083 $4,175,336 $1,442,779 $2,151,644 $4,418,200 Net Operating Income or (Loss) $679,336 ($36,033) $2,118,642 $539,840 $567,875 $107,286 Fixed Capital $27,279,843 $11,236,000 $55,331,409 $982,173,206 $13,077,484 $115,412,162 Depreciation Reserve 11,525,447 4,556,011 19,903, ,877,224 42,836,218 30

38 Municipal-Owned Electric Utilities in Oregon Source and Disposition of Electric Energy (kwh) Year Ending December 31, 2012 City of City of Eugene Water City of City of Canby Cascade Drain and Electric Ashland Bandon Utility Locks Light & Power Board GENERATED OUTPUT FROM OWN PLANTS Hydroelectric 2,139, ,433,094 Steam, Internal Combustion, & Other ,436,967 Total 2,139, ,870,061 PURCHASED ENERGY From Privately Owned Electric Utilities ,631,000 From Publicly Owned Electric Utilities ,187,000 From Other Sources (Non-Utility) 171,232,208 67,889, ,747,613 18,979,071 16,485,560 4,041,029,670 Total Purchases 171,232,208 67,889, ,747,613 18,979,071 16,485,560 4,357,847,670 Grand Total Available 173,371,488 67,889, ,747,613 18,979,071 16,485,560 5,262,717,731 SALES TO ULTIMATE CUSTOMERS Residential 90,862,198 34,628,734 78,374,008 8,584,398 7,351, ,922,291 Commercial & Industrial 56,804,491 23,223,397 84,472,810 6,144,266 8,259,129 1,406,814,941 Public Street and Highway Lighting , ,400 83,561 10,192,984 Other Public Authorities 18,028,000 2,776,599 2,329,598 2,900, Interdepartmental Sales 5,537,519 2,110,722 2,406, ,139,077 Irrigation Sales 0 1,044, Other Sales to Ultimate Customers , ,733 0 Total Sales to Ultimate Customers 171,232,208 63,784, ,684,273 17,739,808 15,757,612 2,375,069,293 Sales for Resale ,127,500,678 Total All Sales 171,232,208 63,784, ,684,273 17,739,808 15,757,612 4,502,569,971 Percentage of Oregon Sales 100% 100% 100% 100% 100% 100% ENERGY NOT REPORTED AS SOLD Used by Utility 0 405, ,591,603 [C] Supplied Without Charge Loss 2,139,280 3,700,253 7,063,340 1,239, ,948 82,556,157 Total Unsold 2,139,280 4,105,533 7,063,340 1,239, , ,147,760 Grand Total Disposition 173,371,488 67,889, ,747,613 18,979,071 16,485,560 5,262,717,731 [C] Includes Bookouts, transfers/exchanges. 31

39 Municipal-Owned Electric Utilities in Oregon Source and Disposition of Electric Energy (kwh) Year Ending December 31, 2012 City of Hermiston City of Milton-Freewater Forest Grove Energy McMinnville City City of Springfield Light & Power Services Water & Light Light & Power Monmouth Utility Board GENERATED OUTPUT FROM OWN PLANTS Hydroelectric Steam, Internal Combustion, & Other Total PURCHASED ENERGY From Privately Owned Electric Utilities From Publicly Owned Electric Utilities ,754, From Other Sources (Non-Utility) 241,716, ,436, ,073, ,854,094 71,409, ,678,156 Total Purchases 241,716, ,436, ,827, ,854,094 71,409, ,678,156 Grand Total Available 241,716, ,436, ,827, ,854,094 71,409, ,678,156 SALES TO ULTIMATE CUSTOMERS Residential 109,097,254 51,129, ,187,487 60,331,286 43,058, ,504,000 Commercial & Industrial 121,571,843 52,330, ,827,643 36,239,298 25,677, ,431,582 Public Street and Highway Lighting 1,790, ,706 2,008, , ,069 3,414,000 Other Public Authorities ,540 1,498, ,000 Interdepartmental Sales ,570,418 Irrigation Sales 93, ,740 1,529,308 6,268, Other Sales to Ultimate Customers 0 0 1,130, , Total Sales to Ultimate Customers 232,553, ,630, ,127, ,208,930 69,319, ,908,000 Sales for Resale Total All Sales 232,553, ,630, ,127, ,208,930 69,319, ,908,000 Percentage of Oregon Sales 100% 100% 100% 100% 100% 100% ENERGY NOT REPORTED AS SOLD Used by Utility ,570,418 Supplied Without Charge Loss 9,162,915 1,806,005 13,699,891 2,645,164 2,090,488 24,199,738 Total Unsold 9,162,915 1,806,005 13,699,891 2,645,164 2,090,488 28,770,156 Grand Total Disposition 241,716, ,436, ,827, ,854,094 71,409, ,678,156 32

40 Municipal-Owned Electric Utilities in Oregon Sales Statistics Year Ending December 31, 2012 City of City of Eugene Water City of City of Canby Cascade Drain and Electric Ashland Bandon Utility Locks Light & Power Board AVERAGE NUMBER OF CUSTOMERS Residential 10,172 2,781 6, ,765 Commercial & Industrial 1, ,285 Public Street and Highway Lighting Other Public Authorities Interdepartmental Irrigation Other Sales to Ultimate Customers Total Customers 11,688 3,759 6,804 [D] 808 [E] ,061 Sales for Resale Total 11,688 3,759 6,804 [D] 808 [E] ,061 AVERAGE REVENUE PER KWH SOLD (Cents) Residential Commercial & Industrial Public Street and Highway Lighting N/A Other Public Authorities Interdepartmental Sales Irrigation Sales Other Sales to Ultimate Customers N/A Total Sales to Ultimate Customers Sales for Resale N/A Total RESIDENTIAL AVERAGE PER CUSTOMER Revenue $637 $954 $831 $1,162 $1,180 $1,153 Sales (kwh) 8,933 12,452 12,957 13,846 14,164 11,959 PLANT OUTPUT CAPACITY (kw) Hydroelectric Steam, Internal Combustion, & Other [D] Includes the following duplicates: 1 Public Street and Highway Lighting; 57 Other Sales to Ultimate Customers/Rental lights. These customers are already included in other customer classes. [E] Includes the following duplicates: 64 Residential; 53 Commercial/Industrial; and 73 Other Public Authorities. 33

41 Municipal-Owned Electric Utilities in Oregon Sales Statistics Year Ending December 31, 2012 City of Hermiston City of Milton-Freewater Forest Grove Energy McMinnville City City of Springfield Light & Power Services Water & Light Light & Power Monmouth Utility Board AVERAGE NUMBER OF CUSTOMERS Residential 8,159 4,448 13,068 3,504 3,992 27,848 Commercial & Industrial , ,144 Public Street and Highway Lighting Other Public Authorities Interdepartmental Irrigation Other Sales to Ultimate Customers Total Customers 9,110 5,254 16,270 4,879 4,268 31,695 Sales for Resale Total 9,110 5,254 16,270 4,879 4,268 31,695 AVERAGE REVENUE PER KWH SOLD (Cents) Residential Commercial & Industrial Public Street and Highway Lighting Other Public Authorities N/A Interdepartmental Sales Irrigation Sales Other Sales to Ultimate Customers Total Sales to Ultimate Customers Sales for Resale Total RESIDENTIAL AVERAGE PER CUSTOMER Revenue $878 $804 $838 $1,040 $919 $788 Sales (kwh) 13,371 11,495 15,625 17,218 10,786 13,879 PLANT OUTPUT CAPACITY (kw) Hydroelectric Steam, Internal Combustion, & Other

42 People's Utility Districts in Oregon Operating Revenues, Expenses, and Income Year Ending December 31, 2012 Northern Central Columbia Wasco Lincoln Clatskanie River Emerald County Tillamook OPERATING REVENUES Residential $34,003,849 $3,507,965 $14,259,016 $23,770,321 $8,146,706 $19,169,760 Commercial & Industrial 40,690,656 38,503,163 12,845,695 10,061,746 17,231,165 13,420,569 Public Street and Highway Lighting 1,060,868 17, ,727 64, , ,566 Other Public Authorities Interdepartmental Sales Irrigation Sales , ,540 95,414 0 Other Sales to Ultimate Customers ,311 0 Total Revenue from Ultimate Customers $75,755,373 $42,028,509 $27,466,716 $34,372,829 $25,645,262 $32,977,895 Sales for Resale 0 3,885, ,362,752 2,478,442 0 Total Revenue Sales of Electric Energy $75,755,373 $45,914,193 $27,466,716 $36,735,581 $28,123,704 $32,977,895 Miscellaneous Revenues 1,417,440 3,009, , , , ,327 Total Operating Revenues $77,172,813 $48,923,357 $27,778,470 $37,473,276 $28,273,108 $33,370,222 OPERATING EXPENSES Production $0 $23,181 $0 $570,784 $981,095 $0 Purchase 44,613,477 31,092,762 16,440,126 17,898,519 17,075,380 14,790,148 Transmission 0 3,523, ,436 1,761,087 Distribution 7,002,291 1,706,957 2,409,915 3,562,596 1,801,954 7,240,658 Customer Accounts 2,388, , ,013 1,534, , ,710 Customer Service & Information 58,639 1,602,797 1,160, , ,185 1,254,168 Administrative & General 8,296,668 3,514,881 4,189,455 3,690,605 1,688,292 3,244,966 Total Operating Expenses $62,359,852 $42,067,394 $24,892,545 $27,783,968 $23,080,561 $29,216,737 OTHER REVENUE DEDUCTIONS Depreciation & Amortization Expenses $8,501,326 $2,979,762 $2,213,995 $4,509,310 $1,884,802 $2,586,228 Taxes 3,175, , , ,562 1,037, ,310 Other Expenses 66, , ,550 2,111,365 (1,224,357) 735,267 Non-operating (Gain) or Loss 0 0 (250,601) (613,415) 1,507,914 (261,315) Total Other Revenue Deductions $11,742,978 $4,618,051 $3,379,168 $6,912,821 $3,205,971 $3,848,490 Net Operating Income or (Loss) $3,069,983 $2,237,912 ($493,243) $2,776,487 $1,986,576 $304,995 Fixed Capital $198,107,994 $69,784,746 $61,598,915 $129,532,319 $63,558,009 $87,012,065 Depreciation Reserve 106,664,216 21,684,793 28,606,920 60,809,960 (34,021,646) 24,996,827 35

43 People's Utility Districts in Oregon Source and Disposition of Electric Energy (kwh) Year Ending December 31, 2012 Northern Central Columbia Wasco Lincoln Clatskanie River Emerald County Tillamook GENERATED OUTPUT FROM OWN PLANTS Hydroelectric 0 73,175, ,315,000 0 Steam, Internal Combustion, & Other 0 74, ,503, Total 0 73,249, ,503,605 77,315,000 0 PURCHASED ENERGY From Privately Owned Electric Utilities 0 144,063, ,104, From Publicly Owned Electric Utilities 0 44,133, ,365, ,666,720 From Other Sources (Non-Utility) 1,330,901, ,985, ,033, ,508, ,238, ,611,888 Total Purchases 1,330,901,252 1,187,181, ,033, ,979, ,238, ,278,608 Grand Total Available 1,330,901,252 1,260,430, ,033, ,483, ,553, ,278,608 SALES TO ULTIMATE CUSTOMERS Residential 433,410,942 72,364, ,529, ,175, ,695, ,065,013 Commercial & Industrial 874,111, ,680, ,945, ,476, ,376, ,857,602 Public Street and Highway Lighting 3,516, ,262 1,926, ,766 1,593,698 4,845,026 Other Public Authorities Interdepartmental Sales Irrigation Sales 0 0 2,660,802 5,552,128 1,810,129 0 Other Sales to Ultimate Customers Total Sales to Ultimate Customers 1,311,039, ,271, ,062, ,572, ,475, ,767,641 Sales for Resale 0 246,569, ,828,677 39,160,000 0 Total All Sales 1,311,039,280 1,216,840, ,062, ,401, ,635, ,767,641 Percentage of Oregon Sales 100% 100% 100% 100% 93% 100% ENERGY NOT REPORTED AS SOLD Used by Utility 3,060, , , , , ,109 Supplied Without Charge Loss 16,801,494 43,269,235 14,468,058 20,429,399 8,336,226 23,560,858 Total Unsold 19,861,972 43,589,264 14,971,358 21,081,559 8,918,639 24,510,967 Grand Total Disposition 1,330,901,252 1,260,430, ,033, ,483, ,553, ,278,608 36

44 People's Utility Districts in Oregon Sales Statistics Year Ending December 31, 2012 Northern Central Columbia Wasco Lincoln Clatskanie River Emerald County Tillamook AVERAGE NUMBER OF CUSTOMERS Residential 32,744 4,036 16,111 18,118 10,286 18,433 Commercial & Industrial 5, ,949 1, ,161 Public Street and Highway Lighting N/A N/A Other Public Authorities Interdepartmental Irrigation Other Sales to Ultimate Customers N/A Total Customers 38,375 4,602 18,637 [A] 20,485 [B] 12,035 [C] 20,594 Sales for Resale Total 38,375 4,627 18,637 [A] 20,485 [B] 12,035 [C] 20,594 AVERAGE REVENUE PER KWH SOLD (Cents) Residential Commercial & Industrial Public Street and Highway Lighting N/A N/A Other Public Authorities Interdepartmental Sales Irrigation Sales Other Sales to Ultimate Customers N/A Total Sales to Ultimate Customers Sales for Resale N/A N/A 0.00 Total RESIDENTIAL AVERAGE PER CUSTOMER Revenue $1,038 $869 $885 $1,312 $792 $1,040 Sales (kwh) 13,236 17,930 13,129 15,464 13,581 12,427 PLANT OUTPUT CAPACITY (kw) Hydroelectric Steam, Internal Combustion, & Other [A] [B] [C] Includes the following duplicates: 1362 Residential; 743 Commercial/Industrial; 499 Public Street and Highway Lighting; 28 Irrigation Sales. Includes the following duplicates: 1,350 Residential. Includes the following duplicates: 1,088 Residential; 135 Commercial/Industrial; 943 Public Street and Highway Lighting; 14 Irrigation Sales. 37

45 Electric Utilities in Oregon Selected Statistics Year Ending December 31, 2012 Investor-Owned Cooperatives [A] Municipalities PUDs Utilities Total OPERATING REVENUES Residential $206,475,386 $157,240,088 $102,857,617 $1,377,374,452 $1,843,947,543 Commercial & Industrial 113,738, ,850, ,752,994 1,443,537,758 1,850,879,755 Public Street & Highway Lighting 1,207,523 1,841,529 1,879,430 24,550,678 29,479,160 Other Public Authorities 0 3,572, ,572,683 Interdepartmental Sales 0 2,061, ,061,798 Irrigation Sales 32,162, , ,232 [B] 33,561,496 Other Sales to Retail Energy Customers 0 258,167 7,311 N/A 265,478 Revenue from Retail Energy Customers $353,583,823 $326,474,620 $238,246,584 $2,845,462,888 $3,763,767,914 Sales for Resale 229,578 47,791,871 8,726, ,828, ,577,166 Total Revenue Sales of Electric Energy $353,813,401 $374,266,491 $246,973,462 $3,004,291,727 $3,979,345,080 (Less) Provision for Rate Refunds (7,740,776) (7,740,776) Miscellaneous Revenues 5,954,429 28,273,157 6,017, ,473, ,718,779 Total Operating Revenues $359,767,830 $402,539,648 $252,991,246 $3,160,505,912 $4,175,804,635 Revenue from ESS [C] Deliveries ,902,344 39,902,344 OPERATING EXPENSES [A] Production $0 $17,372,568 $1,575,060 $1,314,212,445 $1,333,160,073 Purchase 159,578, ,291, ,910, ,781,234 Transmission 4,000,138 22,934,782 5,458, ,175, ,569,217 Distribution 52,662,250 40,781,222 23,724, ,874, ,042,738 Customer Accounts 14,439,898 14,780,955 6,664,700 86,525, ,410,873 Customer Service & Information 4,564,037 9,877,597 5,442,746 42,466,413 62,350,793 Administrative & General 35,131,378 33,402,008 24,624, ,974, ,132,498 Total Operating Expenses $270,376,617 $320,441,038 $209,401,058 $1,946,228,714 $2,746,447,426 OTHER REVENUE DEDUCTIONS Depreciation and Amortization Expenses $34,372,407 $23,846,598 $22,675,423 $426,555,319 $507,449,747 Taxes 10,839,936 20,535,325 7,713, ,801, ,889,750 Other Expenses [D] 21,369,616 18,007,656 2,936,009 (5,725,952) 36,587,329 Non-operating (Gain) or Loss (3,618,144) 166, ,583 1,629,760 (1,439,748) Total Revenue Deductions $62,963,815 $62,555,631 $33,707,478 $723,260,153 $882,487,078 Net Operating Income or (Loss) $26,427,397 $19,542,979 $9,882,710 $491,017,045 $546,870,131 [A] Cooperatives: Operating Expenses exclude Surprise Valley Electrification. [B] Irrigation Revenues included in Commercial & Industrial. [C] ESS - Electricity Service Suppliers. [D] Includes Interest Expenses. 38

46 Electric Utilities in Oregon Selected Statistics Year Ending December 31, 2012 Investor-Owned Cooperatives Municipalities PUDs Utilities Total AVERAGE NUMBER OF CUSTOMERS Residential 172, ,925 99,728 1,210,579 1,642,557 Commercial & Industrial 20,924 20,106 12, , ,492 Public Street & Highway Lighting , ,671 Other Public Authorities Interdepartmental Irrigation 7, [A] 8,671 Other Sales to Retail Energy Customers 0 1,732 0 N/A 1,732 Total Customers 201, , ,728 1,405,964 1,905,125 [B] SALES (MWh) Residential 2,373,336 2,016,031 1,366,240 13,096,104 18,851,710 Commercial & Industrial 1,768,037 2,745,798 2,778,448 18,098,161 25,390,444 Public Street & Highway Lighting 7,041 20,282 12, , ,926 Other Public Authorities 0 28, ,965 Interdepartmental Sales 0 30, ,764 Irrigation Sales 586,548 9,388 10,023 [A] 605,959 Other Sales to Retail Energy Customers 0 1,789 0 N/A 1,789 Total Sales 4,734,962 4,853,015 4,167,189 31,344,390 45,099,557 ESS [B] Deliveries ,433,512 1,433,512 AVERAGE REVENUE PER KWH SOLD (Cents) Residential Commercial & Industrial Public Street & Highway Lighting Other Public Authorities Interdepartmental Sales Irrigation Sales [A] 5.54 Other Sales to Retail Energy Customers N/A N/A Total Sales RESIDENTIAL AVERAGE PER CUSTOMER Revenue $1,198 $983 $1,031 $1,138 $1,123 Sales (kwh) 13,772 12,606 13,700 10,818 11,477 [A] Irrigation customers and sales included in Commercial & Industrial. [B] ESS - Electricity Service Suppliers. ESS not included in Total Customers. 39

47 Natural Gas

48 Foreword to Natural Gas Utilities There are three investor-owned natural gas utilities operating in Oregon. They reported sales of 813 million therms in Oregon during 2012 resulting in operating revenues from natural gas sales of $882 million. Northwest Natural Gas Company, dba NW Natural, is the largest natural gas distribution utility operating in Oregon. During 2012, NW Natural s Oregon total operating revenues comprised 74 percent of the total for the state. The company s operating expenses, excluding depreciation, amortization, and taxes, represented 69 percent of the total expenses for the three utilities. NW Natural s delivered therm volumes, excluding transportation, accounted for 82 percent of Oregon natural gas utility therm sales. 40

49 Index to Natural Gas Utilities Investor-Owned Avista Utilities (Avista) Cascade Natural Gas Corporation (Cascade) Northwest Natural Gas Company (dba NW Natural) Page Ten-Year Summaries Graphs for Financial and Statistical Data Balance Sheet Total System Income Statement Total System Financial Data Oregon and Total System Natural Gas Purchase and Delivery Statistics Total Oregon

50 Investor-Owned Natural Gas Utilities in Oregon Ten-Year Summary Selected Statistics Total [A] Residential Revenue from Therms of Average Average Average Natural Natural Number of Number of Revenue Per Customer Gas Sales Gas Sold Customers Customers Per Therm Revenue Therms 2003 $641,475, ,039, , ,609 $0.96 $ $773,033, ,651, , ,808 $1.08 $ $1,000,838, ,948, , ,954 $1.25 $ $1,146,954, ,820, , ,792 $1.40 $ $1,173,100, ,777, , ,551 $1.42 $ $1,168,176, ,557, , ,007 $1.34 $ $1,100,366, ,363, , ,360 $1.37 $ $905,422, ,548, , ,736 $1.23 $ $1,001,911, ,967, , ,048 $1.18 $ $882,023, ,588, , ,508 $1.12 $ [A] Total excludes transportation of customer-owned natural gas. 42

51 Avista Utilities Oregon Natural Gas Ten-Year Summary Selected Statistics Total [A] Residential Revenue from Therms of Average Average Average Natural Natural Number of Number of Revenue Per Customer Gas Sales Gas Sold Customers Customers Per Therm Revenue Therms 2003 $64,547,450 81,506,529 84,892 74,516 $0.86 $ $83,757,885 84,177,703 87,447 76,919 $1.09 $ $128,990,484 88,247,139 90,233 79,474 $1.29 $ $166,013,603 86,712,127 92,355 81,447 $1.49 $ $178,270,722 85,340,233 94,015 82,981 $1.54 $ $195,693,243 88,843,285 94,690 83,576 $1.54 $ $154,054,132 [B] 85,490,866 94,863 83,747 $1.41 $ $155,272,554 [B] 78,543,809 95,252 84,116 $1.32 $ $181,973,295 [B] 86,365,714 95,413 84,291 $1.29 $ $165,553,559 [B] 79,968,736 95,864 84,645 $1.31 $ [A] Total excludes transportation of customer-owned natural gas. [B] Total includes revenue from Sales for Resale. 43

52 Cascade Natural Gas Corporation Oregon Natural Gas Ten-Year Summary Selected Statistics Total [A] Residential Revenue from Therms of Average Average Average Natural Natural Number of Number of Revenue Per Customer Gas Sales Gas Sold Customers Customers Per Therm Revenue Therms 2003 $58,353,871 69,824,484 48,338 40,546 $0.96 $ $65,270,261 74,402,036 51,049 43,116 $1.00 $ $79,796,124 79,403,557 54,648 46,455 $1.10 $ $89,997,086 81,951,508 58,155 49,744 $1.22 $ $98,359,515 87,598,167 61,260 52,585 $1.28 $ $104,944,590 85,790,702 62,657 53,647 $1.28 $ $92,154,049 75,534,246 62,997 53,818 $1.29 $ $73,880,015 69,215,020 63,733 54,373 $1.12 $ $80,606,310 74,489,216 64,355 54,891 $1.11 $ $68,132,016 69,348,827 64,869 55,366 $0.99 $ [A] Total excludes transportation of customer-owned natural gas. 44

53 Northwest Natural Gas Company Oregon Natural Gas Ten-Year Summary Selected Statistics Total [A] Residential Revenue from Therms of Average Average Average Natural Natural Number of Number of Revenue Per Customer Gas Sales Gas Sold Customers Customers Per Therm Revenue Therms 2003 $518,574, ,708, , ,547 $0.97 $ $624,005, ,072, , ,773 $1.08 $ $792,051, ,297, , ,025 $1.26 $ $890,944, ,156, , ,601 $1.41 $ $896,470, ,838, , ,985 $1.41 $ $867,538, ,923, , ,784 $1.32 $ $854,158, ,338, , ,795 $1.37 $ $676,269, ,789, , ,247 $1.23 $ $739,332, ,112, , ,866 $1.17 $ $648,338, ,270, , ,497 $1.10 $ [A] Total excludes transportation of customer-owned natural gas. 45

54 Investor-Owned Natural Gas Utilities in Oregon Ten-Year Summary Distribution of Operating Revenues [A] $1,400 $1,200 $1,000 llions of Dollars Mi $800 $600 $400 $200 $ Net Operating Income Taxes Depreciation Other Operating Expenses [A] Operating Revenues include revenue from Natural Gas Sales, Transportation, and Miscellaneous Utility Operations. 46

55 Investor-Owned Natural Gas Utilities in Oregon Natural Gas Delivered for 2012 (Sales in Therms - Excludes Transportation) Cascade 8.5% Avista 9.8% NW Natural 81.6% 47

56 Investor-Owned Natural Gas Utilities in Oregon Ten-Year Summary Therms of Natural Gas Delivered in Oregon 1,800 1,600 1,400 llions of Therms Mi 1,200 1, Residential Commercial/Industrial Firm Interruptible Transportation 48

57 Investor-Owned Natural Gas Utilities in Oregon Natural Gas Customers for 2012 (Excludes Transportation) Cascade 8.4% Avista 12.4% NW Natural 79.2% 49

58 Investor-Owned Natural Gas Utilities in Oregon Ten-Year Summary Customers and Revenues from Natural Gas Sales in Oregon (Revenues from gas sales exclude transportation and miscellaneous revenue.) 1,400 $1,400 1,300 $1,300 Thou usands of Customers 1,200 1,100 1, /.-... _.. / ~... - ~ ~ / ~... / - / ~ $1,200 $1,100 $1,000 $900 $800 $700 $600 Millions of Dollars 500 $ $ $300 Customers (Thousands) Note: Revenues from gas sales exclude transportation revenue and miscellaneous revenue. Revenues (Millions) 50

59 Investor-Owned Natural Gas Utilities in Oregon Balance Sheet - Total System Year Ending December 31, 2012 Cascade Northwest Investor-Owned Natural Gas Natural Gas Natural Gas Avista Utilities Corporation Company Utilities ASSETS AND OTHER DEBITS Utility Plant in Service $4,044,184,930 $737,323,182 $2,421,753,691 $7,203,261,803 Plant Under Construction 139,513,892 17,556,051 46,831, ,901,504 Less: Deprec. & Amortization Reserve 1,408,153, ,642,118 1,069,505,970 2,850,302,060 Net Utility Plant $2,775,544,850 $382,237,115 $1,399,079,282 $4,556,861,247 Stored Base-Gas Adjustment 6,992, ,132,362 21,124,438 Other Property & Investments 162,062,827 9,941, ,064, ,069,608 Current & Accrued Assets 241,939,394 47,616, ,014, ,570,255 Deferred Debits 756,104, ,753, ,611,648 1,308,469,707 Total Assets & Other Debits $3,942,643,717 $547,549,296 $2,452,902,242 $6,943,095,255 LIABILITIES AND OTHER CREDITS Common Stock $863,316,222 $1,000 $354,901,381 $1,218,218,603 Preferred Stock Premium (Less Discount) on Cap. Stock 0 117,703, ,703,952 Other Paid-in Capital 10,942, ,649,864 12,592,806 Installments Received on Cap. Stock ,215 20,215 Less: Capital Stock Expense 14,977, ,977,565 Retained Earnings 377,687,824 48,284, ,918, ,890,564 Unappropriated Undist. Sub. Earnings (747,337) 0 (7,165,128) (7,912,465) Less: Reacquired Capital Stock Accumulated Other Comprehensive Income (6,700,160) 0 (9,290,677) (15,990,837) Total Proprietary Capital $1,259,477,056 $165,989,164 $733,034,183 $2,158,500,403 Long-Term Debt 1,303,094, ,090, ,700,000 2,069,884,631 Other Noncurrent Liabilities 318,654,628 26,833, ,792, ,280,228 Current & Accrued Liabilities 299,188,386 69,834, ,201, ,223,917 Customer Advances for Construction 947,342 4,620,155 3,260,756 8,828,253 Accumulated Deferred Invest. Tax Credits 12,613, , ,159 13,783,747 Other Deferred Credits 26,169,966 50,631, ,801,514 Other Regulatory Liabilities 57,600,080 4,230,506 5,589,000 67,419,586 Accumulated Deferred Income Taxes 664,898, ,773, ,700,606 1,193,372,976 Total Liabilities & Other Credits $3,942,643,717 $547,549,296 $2,452,902,242 $6,943,095,255 51

60 Investor-Owned Natural Gas Utilities in Oregon Income Statement - Total System Year Ending December 31, 2012 Cascade Northwest Investor-Owned Natural Gas Natural Gas Natural Gas Avista Utilities Corporation Company Utilities NET OPERATING INCOME Operating Revenues $476,311,435 $276,988,483 $718,292,421 $1,471,592,339 Operation Expenses $387,266,082 $193,328,100 $457,169,882 $1,037,764,064 Maintenance Expenses 10,896,136 5,114,841 19,641,738 35,652,715 Depreciation & Amortization Expenses 21,798,587 19,375,135 66,545, ,719,133 Taxes Other Than Income 21,004,712 26,782,798 45,717,106 93,504,616 Income Taxes 9,223,830 7,475,625 41,787,709 58,487,164 Other Operating Expenses (638,573) 368,759 0 (269,814) Total Operating Expenses $449,550,774 $252,445,258 $630,861,846 $1,332,857,878 Net Operating Income $26,760,661 $24,543,225 $87,430,575 $138,734,461 Net Other Income & Deductions [A] 419,260 11,506,018 11,925,278 Income Before Interest Charges [A] $24,962,485 $98,936,593 $123,899,078 Interest Charges 11,290,013 38,954,077 50,244,090 AFUDC - Credit 288, , ,602 Income Before Extraordinary Items [A] $13,384,050 $59,855,336 $73,239,386 Extraordinary Items Net Income [A] $13,384,050 $59,855,336 $73,239,386 RETAINED EARNINGS Balance, January 1 $334,601,862 $51,007,810 $373,904,506 $759,514,178 Net Income 78,210,066 13,384,050 59,855, ,449,452 Other Credits Dividends (68,552,375) (16,107,648) (48,006,442) (132,666,465) Other Debits Appropriated Retained Earnings Other Changes 32,680, ,680,934 Balance, December 31 $376,940,487 $48,284,212 $385,753,400 $810,978,099 [A] Details are unavailable 52

61 Investor-Owned Natural Gas Utilities in Oregon Financial Data - Oregon and Total System Year Ending December 31, 2012 OPERATING REVENUES ($000s) Cascade Natural Northwest Natural Investor-Owned Avista Utilities Gas Corporation Gas Company Natural Gas Utilities Oregon System Oregon System Oregon System Oregon System Revenues from Natural Gas Sales $162,481 $462,641 $63,891 $252,587 $632,284 $706,139 $858,656 $1,421,367 Revenues from Transportation 2,892 7,032 4,012 22,916 14,011 15,675 20,916 45,623 Other Misc. Operating Revenues 180 6, ,485 2,043 (3,521) 2,452 4,603 Total Operating Revenues $165,554 $476,311 $68,132 $276,988 $648,338 $718,292 $882,024 $1,471,592 OPERATING EXPENSES ($000s) Production $120,166 $326,654 $38,369 $150,267 $322,423 $355,335 $480,958 $832,256 Distribution & Transmission 6,652 20,460 4,722 19,430 44,743 29,771 56,117 69,661 Customer Accounts 3,325 11,888 1,985 7,839 18,918 16,733 24,228 36,460 Customer Service & Information 2,399 10, ,505 6,048 4,159 9,047 16,452 Sales ,629 2,323 2,636 2,343 Administrative & General 7,677 28,364 4,914 19,391 37,609 68,491 50, ,246 Total Operating Expenses $140,225 $398,162 $50,592 $198,443 $432,370 $476,812 $623,186 $1,073,417 OTHER REVENUE DEDUCTIONS ($000s) Depreciation & Amortization $5,830 $21,799 $4,343 $19,375 $59,645 $66,545 $69,819 $107,719 Taxes 9,669 30,229 7,159 34,258 40,195 87,505 57, ,992 Miscellaneous Debits and Credits (686) (639) (317) (270) Total Revenue Deductions $14,813 $51,389 $11,871 $54,002 $99,840 $154,050 $126,524 $259,441 Total Expenses and Deductions $155,037 $449,551 $62,463 $252,445 $532,210 $630,862 $749,710 $1,332,858 NET OPERATING INCOME ($000s) $10,516 $26,761 $5,669 $24,543 $116,128 $87,431 $132,313 $138,734 53

62 Investor-Owned Natural Gas Utilities in Oregon Gas Purchase and Delivery Statistics - Oregon Year Ending December 31, 2012 Cascade Northwest Investor-Owned Natural Gas Natural Gas Natural Gas Avista Utilities Corporation Company Utilities PURCHASE STATISTICS (therms) Natural Gas Sales 79,968,736 69,348, ,270, ,588,503 Natural Gas Used by Company 11,917 55,344 2,649,930 2,717,191 Natural Gas Delivered to Storage - Net 1,722,170 0 (4,309,810) (2,587,640) Sales for Resale 253,424, ,424,200 Losses and Billing Delay 6,111,097 (629,221) (16,011,980) (10,530,104) Total Natural Gas Disbursements 341,238,120 68,774, ,599,080 1,055,612,150 REVENUE BY SERVICE CLASS Residential Sales $61,614,793 $36,929,039 $387,742,156 $486,285,988 Commercial & Industrial Sales: Firm Sales 32,075,277 26,961, ,264, ,300,776 Interruptible Sales 1,566, ,277,881 52,843,883 Transportation 2,892,363 4,012,257 14,011,260 20,915,880 Total Revenue $98,148,435 [A] $67,902,789 $646,295,303 $812,346,527 NATURAL GAS DELIVERED (therms) Residential Sales 47,045,131 37,134, ,237, ,417,239 Commercial & Industrial Sales: Firm Sales 29,634,693 32,213, ,366, ,215,008 Interruptible Sales 3,288, ,298,426 60,587,338 Transportation 36,219, ,519, ,733, ,471,715 Total Therms 116,188, ,867,905 1,024,635,227 1,448,691,300 AVERAGE NUMBER OF CUSTOMERS Residential Sales 84,645 55, , ,508 Commercial & Industrial Sales: Firm Sales 11,183 9,503 58,145 78,831 Interruptible Sales Transportation Total Customers 95,904 64, , ,804 REVENUE PER THERM ($) Residential Sales Commercial & Industrial Sales: Firm Sales Interruptible Sales 0.48 N/A Transportation RESIDENTIAL AVERAGE PER CUSTOMER Revenue $728 $667 $701 $701 Therm Consumption [A] Excludes Sales for Resale revenues. 54

63 Telecommunications

64 Foreword to Telecommunications Utilities and Cooperatives (ILECs) This section contains total company and total Oregon telecommunications data from annual reports filed by 31 incumbent local exchange carriers (ILECs). The ILECs consist of telecommunications utilities and cooperatives. Twenty-seven of the thirty-one ILECs serve less than 50,000 access lines in Oregon (small telecommunications utilities), and are partially exempt from regulation under Oregon Revised Statute (ORS) Four ILECs have historically served more than 50,000 access lines (large telecommunications utilities), and are subject to local rate regulation. [1] These data are shown as reported by the ILECs with two exceptions. First, Commission staff added directory revenues for Qwest Corporation dba CenturyLink QC, United Telephone Company of the Northwest dba CenturyLink, and Frontier Communications Northwest Inc. (formerly Verizon Communications, Inc.) as required by Commission order. Second, Commission staff estimated and added income taxes for privately held small telecommunications utilities to allow comparison with larger corporations. [2] The total ILECs' 2012 gross Oregon operating revenues totaled $1.07 billion, a 3.1 percent decrease from [3] As measured by switched access lines, Qwest Corporation dba CenturyLink QC served 62 percent of Oregon's ILEC market and Frontier Communications served 21 percent of the ILEC market. The remaining ILECs served 17 percent. Therefore, the graphs and statistical data are heavily weighted by Qwest Corporation dba CenturyLink QC and Frontier Communications. The Public Utility Commission of Oregon implemented the Oregon Universal Service Fund (OUSF) program in 2001 to ensure that basic service is available to customers at reasonable and affordable rates. In the past five years, the annual average OUSF collected from approximately 239 certified telecommunications telephone service providers (TSPs) equaled $40 million. Disbursements to 33 eligible TSPs that provide basic local telephone service in the high-cost areas averaged $42 million. [1] Competitive changes have resulted in some companies dropping below 50,000. [2] Some ILECs are S corporations that elect to pass corporate income, losses, deductions and credit through to their shareholders for federal tax purposes. [3] 2011 Gross Oregon Operating Revenues were $1.11 billion. 55

65 Index to Telecommunications Utilities and Cooperatives (ILECs) Ten-Year Summaries Graphs for [1] Financial and Statistical Data Small Telecommunications Utilities Large Telecommunications Utilities Total ILECs Notes to Financial and Statistical Data Page Telecommunications Cooperatives Small Telecommunications Utilities Large Telecommunications Utilities Beaver Creek Cooperative Telephone Company Asotin Telephone Company CenturyTel, Inc. Canby Telephone Association Cascade Utilities, Inc. Qwest Corporation dba CenturyLink QC Clear Creek Mutual Telephone Company Citizens Telecom. Co. of Oregon United Telephone Company of the Northwest Colton Telephone Company Eagle Telephone System, Inc. dba CenturyLink Gervais Telephone Company Helix Telephone Company Frontier Communications Northwest, Inc. Molalla Telephone Company Home Telephone Company Monitor Cooperative Telephone Company Monroe Telephone Company Pioneer Telephone Cooperative Mount Angel Telephone Company St. Paul Cooperative Telephone Association Nehalem Telecommunications, Inc. Scio Mutual Telephone Association North-State Telephone Company Stayton Cooperative Telephone Company Oregon Telephone Corporation Oregon-Idaho Utilities, Inc. People's Telephone Company Pine Telephone System, Inc. Roome Telecommunications, Inc. Trans-Cascades Telephone Company [1] The graph for Ten-Year Summary - Switched Access Lines has been removed - total CLEC line counts are not available. 56

66 Incumbent Local Exchange Carriers (ILECs) - Total Oregon Ten-Year Summary Revenues and Customers Revenues ($000's) Average Access Lines (Wireline) Toll, Access Total Business, Average Local & Universal Residential Average Wideband & Total Service Service & Other Residential Business UNE NACs Private Line [A] [C] [B] [B] [B] [B] 2003 $1,530,021 $597,600 $646,894 2,048,769 1,386, , ,881 N/A 2004 $1,465,206 $567,320 $613,788 2,069,076 1,323, , , , $1,500,481 $553,725 $650,033 1,992,755 1,258, , , , $1,415,951 $506,984 $611,517 1,813,162 1,182, , ,028 1,074, $1,395,219 $500,870 $649,865 1,688,676 1,075, , ,996 1,154, $1,341,641 $453,401 $628,150 1,506, , , ,264 1,208, $1,257,233 $412,625 $609,213 1,294, , ,283 87,754 1,203, $1,172,703 $367,116 $583,316 1,151, , ,204 80,214 1,231, $1,112,358 $323,143 $555,793 1,031, , ,783 74,461 1,213, $1,077,513 $288,884 $524, , , ,142 67,586 1,105,572 [A] Total revenues are shown net of uncollectibles and include billing and collection, network access, directories, imputed directory, and miscellaneous revenues. [B] The Residential line count is taken directly from the "Total Residential Access Lines" of the Annual Report Form O (Form O). The Business line count is taken directly from the "Total Business Access Lines" (excluded Integrated Services Digital Network (ISDN) "B" Channels) of Form O. The Unbundled Network Elements (UNE) Network Access Channels (NACs) line count is taken directly from the "UNE NACs" of Form O. The Wideband & Private Line counts are taken directly from the "Wideband Data Lines" and "Dedicated Private Lines" of Form O. [C] The line count of "Other" includes radio common carrier, switched access Feature Group A (FGA), and pay stations. 57

67 CenturyTel - Total Oregon [C] Ten-Year Summary Revenues and Customers Revenues ($000's) Average Access Lines (Wireline) Toll, Access Total Business, Average Local & Universal Residential Average Wideband & Total Service Service & Other Residential Business UNE NACs Private Line [A] [D] [B] [B] [B] [B] 2003 $65,186 $22,308 $41,325 75,254 58,083 13, N/A 2004 $69,053 $21,936 $44,896 72,413 57,106 14, , $68,697 $21,927 $44,827 72,994 55,665 16,000 N/A N/A 2006 $66,439 $21,521 $42,009 70,708 53,708 14,932 N/A N/A 2007 $69,041 $21,309 $46,813 67,482 50,762 13,995 N/A N/A 2008 $62,500 $20,171 $39,637 63,714 47,418 13,686 N/A N/A 2009 $59,731 $18,633 $38,517 59,846 44,346 13,149 N/A $53,658 $17,103 $34,075 55,588 41,291 12,613 N/A $47,326 $16,154 $26,436 51,907 38,755 12,045 N/A $45,262 $15,504 $25,487 50,595 37,734 11,612 N/A 8 [A] Total revenues are shown net of uncollectibles and include billing and collection, network access, directories, imputed directory, and miscellaneous revenues. [B] The Residential line count is taken directly from the "Total Residential Access Lines" of the Annual Report Form O (Form O). The Business line count is taken directly from the "Total Business Access Lines" (excluded ISDN "B" Channels) of Form O. The UNE NACs line count is taken directly from the "UNE NACs" of Form O. The Wideband & Private Line counts are taken directly from the "Wideband Data Lines" and "Dedicated Private Lines" of Form O. [C] CenturyTel of Eastern Oregon and CenturyTel of Oregon are treated as one entity for setting Oregon intrastate rates. [D] The line count of "Other" includes radio common carrier, switched access Feature Group A (FGA), and pay stations. 58

68 Qwest Corporation dba CenturyLink QC - Total Oregon Ten-Year Summary Revenues and Customers Revenues ($000's) Average Access Lines (Wireline) Toll, Access Total Business, Average Local & Universal Residential Average Wideband & Total Service Service & Other Residential Business UNE NACs Private Line [A] [C] [B] [B] [B] [B] 2003 $929,724 $374,706 $347,186 1,345, , , ,076 N/A 2004 $881,061 $349,270 $321,140 1,379, , , , , $920,835 $343,629 $357,199 1,329, , , , , $845,731 $306,679 $330,030 1,191, , , , , $838,952 $312,794 $358,165 1,102, , , ,810 1,050, $790,710 $280,450 $349, , , ,029 98,235 1,107, $723,469 $255,172 $338, , , ,769 79,982 1,119, $676,418 $229,113 $325, , , ,572 72,703 1,124, $639,791 $193,142 $310, , , ,790 67,184 1,082, $616,748 $170,999 $307, , , ,653 63,915 1,032,893 [A] Total revenues are shown net of uncollectibles and include billing and collection, network access, directories, imputed directory, and miscellaneous revenues. [B] The Residential line count is taken directly from the "Total Residential Access Lines" of the Annual Report Form O (Form O). The Business line count is taken directly from the "Total Business Access Lines" (excluded ISDN "B" Channels) of Form O. The UNE NACs line count is taken directly from the "UNE NACs" of Form O. The Wideband & Private Line counts are taken directly from the "Wideband Data Lines" and "Dedicated Private Lines" of Form O. [C] The line count of "Other" includes radio common carrier, switched access Feature Group A (FGA), and pay stations. 59

69 United - Total Oregon Ten-Year Summary Revenues and Customers Revenues ($000's) Average Access Lines (Wireline) Toll, Access Total Business, Average Local & Universal Residential Average Wideband & Total Service Service & Other Residential Business UNE NACs Private Line [A] [C] [B] [B] [B] [B] 2003 $57,805 $24,159 $31,236 69,161 51,068 18,052 N/A 3, $52,546 $23,810 $26,430 72,856 49,584 17,242 N/A N/A 2005 $55,163 $23,371 $27,478 70,557 47,887 16,720 N/A N/A 2006 $53,434 $22,807 $26,746 68,341 45,829 16,584 N/A N/A 2007 $52,398 $22,321 $26,826 66,087 43,604 16,517 N/A N/A 2008 $49,802 $20,985 $24,669 62,116 40,106 16,213 N/A N/A 2009 $47,485 $19,247 $24,877 56,775 35,957 15,274 N/A N/A 2010 $41,824 $17,573 $22,372 52,168 32,736 14,172 N/A N/A 2011 $47,007 $16,070 $20,547 46,671 29,934 13,167 N/A N/A 2012 $45,876 $14,421 $21,127 45,467 28,939 11,931 N/A N/A [A] Total revenues are shown net of uncollectibles and include billing and collection, network access, directories, imputed directory, and miscellaneous revenues. [B] The Residential line count is taken directly from the "Total Residential Access Lines" of the Annual Report Form O (Form O). The Business line count is taken directly from the "Total Business Access Lines" (excluded ISDN "B" Channels) of Form O. The UNE NACs line count is taken directly from the "UNE NACs" of Form O. The Wideband & Private Line counts are taken directly from the "Wideband Data Lines" and "Dedicated Private Lines" of Form O. [C] The line count of "Other" includes radio common carrier, switched access Feature Group A (FGA), and pay stations. 60

70 Frontier Communications Northwest, Inc. - Total Oregon Ten-Year Summary Revenues and Customers Revenues ($000's) Average Access Lines (Wireline) Toll, Access Total Business, Average Local & Universal Residential Average Wideband & Total Service Service & Other Residential Business UNE NACs Private Line [A] [C] [B] [B] [B] [B] 2003 $363,330 $139,308 $155, , , ,436 3,705 N/A 2004 $343,625 $134,012 $148, , , ,211 5,239 62, $336,511 $127,295 $147, , , ,233 6,782 76, $332,457 $117,517 $144, , ,129 96,552 7,850 88, $314,101 $105,940 $145, , ,737 93,539 8,186 91, $315,527 $92,908 $142, , ,340 83,537 8,029 85, $311,955 $85,843 $136, , ,427 76,748 7,772 75, $287,642 $71,339 $131, , ,678 68,258 7,511 97, $262,975 $66,411 $124, , ,262 60,484 7, , $252,292 $58,710 $93, , ,048 61,334 3,671 61,826 [A] Total revenues are shown net of uncollectibles and include billing and collection, network access, directories, imputed directory, and miscellaneous revenues. [B] The Residential line count is taken directly from the "Total Residential Access Lines" of the Annual Report Form O (Form O). The Business line count is taken directly from the "Total Business Access Lines" (excluded ISDN "B" Channels) of Form O. The UNE NACs line count is taken directly from the "UNE NACs" of Form O. The Wideband & Private Line counts are taken directly from the "Wideband Data Lines" and "Dedicated Private Lines" of Form O. [C] The line count of "Other" includes radio common carrier, switched access Feature Group A (FGA), and pay stations. 61

71 Small Telecommunications Utilities - Total Oregon [C] Ten-Year Summary Revenues and Customers Revenues ($000's) Average Access Lines (Wireline) Toll, Access Total Business, Average Local & Universal Residential Average Wideband & Total Service Service & Other Residential Business UNE NACs Private Line [A] [D] [B] [B] [B] [B] 2003 $52,780 $16,739 $33,600 52,665 39,393 11,897 N/A 1, $54,596 $16,272 $34,494 51,376 38,445 11,704 N/A 3, $53,739 $15,725 $33,090 50,010 37,443 11,525 N/A 5, $54,284 $15,857 $32,368 48,505 36,461 11,169 N/A 5, $56,032 $15,670 $35,346 47,037 35,339 10,855 N/A 6, $58,492 $15,429 $36,256 45,572 34,040 10,706 N/A 8, $50,795 [E] $11,374 $34,048 32,913 25,705 6,834 N/A $50,683 $10,743 $33,879 31,781 24,695 6,711 N/A $52,509 $10,793 $36,159 30,797 23,735 6,688 N/A $53,912 $9,590 $37,748 29,797 22,952 6,526 N/A 945 [A] Total revenues are shown net of uncollectibles and include billing and collection, network access, directories, imputed directory, and miscellaneous revenues. [B] The Residential line count is taken directly from the "Total Residential Access Lines" of the Annual Report Form O (Form O). The Business line count is taken directly from the "Total Business Access Lines" (excluded ISDN "B" Channels) of Form O. The UNE NACs line count is taken directly from the "UNE NACs" of Form O. The Wideband & Private Line counts are taken directly from the "Wideband Data Lines" and "Dedicated Private Lines" of Form O. [C] Sixteen small telecommunications utilities serve Oregon, as identified in the "Index to Telecommunications Utilities & Cooperatives." [D] The line count of "Other" includes radio common carrier, switched access Feature Group A (FGA), and pay stations. [E] Qwest Corporation absorbed Malheur Home Telephone Company effective December 10,

72 Telecommunications Cooperatives - Total Oregon [C] Ten-Year Summary Revenues and Customers Revenues ($000's) Average Access Lines (Wireline) Toll, Access Total Business, Average Local & Universal Residential Average Wideband & Total Service Service & Other Residential Business UNE NACs Private Line [A] [D] [B] [B] [B] [B] 2003 $61,196 $20,380 $37,695 57,693 43,592 11,842 N/A 4, $64,325 $22,020 $38,523 55,554 43,083 11,829 N/A 6, $65,536 $21,778 $39,440 54,882 42,375 11,657 N/A 7, $63,606 $22,603 $36,084 51,546 39,906 10,752 N/A 7, $64,695 $22,836 $37,302 48,213 36,991 10,380 N/A 6, $64,610 $23,458 $35,871 45,959 34,772 10,335 N/A 7, $63,798 $22,356 $36,493 43,852 31,847 10,509 N/A 8, $62,478 $21,245 $36,535 41,742 29,490 9,878 N/A 9, $62,750 $20,573 $37,517 42,964 28,312 8,609 N/A 7, $63,423 $19,660 $38,596 41,723 29,088 9,086 N/A 9,900 [A] Total revenues are shown net of uncollectibles and include billing and collection, network access, directories, imputed directory, and miscellaneous revenues. [B] The Residential line count is taken directly from the "Total Residential Access Lines" of the Annual Report Form O (Form O). The Business line count is taken directly from the "Total Business Access Lines" (excluded ISDN "B" Channels) of Form O. The UNE NACs line count is taken directly from the "UNE NACs" of Form O. The Wideband & Private Line counts are taken directly from the "Wideband Data Lines" and "Dedicated Private Lines" of Form O. [C] Eleven telecommunications cooperatives serve Oregon, as identified in the "Index to Telecommunications Utilities & Cooperatives." [D] The line count of "Other" includes radio common carrier, switched access Feature Group A (FGA), and pay stations. 63

73 Telecommunications Utilities and Cooperatives (ILECs) - Total Oregon Ten-Year Summary Distribution of Operating Revenues $1,600 $1,400 $1,200 Millions of Dollars $1,000 $800 $600 $400 $200 $ Net Operating Income [A] Operating Taxes [A] Depreciation Operating Expenses [B] [A] Amounts for 2002 include the restatements filed by Qwest Corporation dba CenturyLink QC (formerly Qwest Copooration) in [B] Operating Expenses include plant operations, customer operations and corporate operations. 64

74 Telecommunications Utilities and Cooperatives (ILECs) - Total Oregon Ten-Year Summary Sources of Oregon Operating Revenues $1,800 $1,600 $1,400 Millions of Dollars $1,200 $1,000 $800 $600 $400 $200 $ Local Service [A] Toll, Access & USF [A] Other [B] [A] Amounts for 2002 include the restatements filed by Qwest Corporation dba CenturyLink QC (formerly Qwest Corporation) in [B] Other includes carrier billing & collection, and directory revenues. 65

75 Telecommunications Utilities and Cooperatives (ILECs) Total Oregon Telecommunications Sales During 2012 (Gross Operating Revenues) Small Utilities 5.3% Cooperatives 6.1% Qwest Corporation dba CenturyLink QC 55.5% Frontier Communications 24.1% United 4.5% CenturyTel 4.5% 66

76 Telecommunications Utilities and Cooperatives (ILECs) Total Oregon Distribution of Switched Access Lines (Wireline) During 2012 [A] (Includes UNEs) Small Utilities 2.8% Cooperatives 4.0% Frontier Communications 20.1% United 4.3% Qwest Corporation dba CenturyLink QC 64.0% CenturyTel 4.8% [A] The CLEC segment was removed total CLEC line counts are not available. 67

77 Telecommunications Utilities and Cooperatives (ILECs) - Total Oregon Expense Categories as Percentage of Expenses During 2012 by Size of Company 40% 35% Perce ent of Total Operating Expenses 30% 25% 20% 15% 10% 5% 0% Plant Operations Depreciation Customer & Corporate Expenses Other Operating Expenses All Other ILECs CenturyTel, United, & Frontier Qwest Corporation dba CenturyLink QC 68

78 Telecommunications Utilities and Cooperatives (ILECs) - Total Oregon Monthly Operating Costs Per Average Access Line (Wireline) During 2012 by Size of Company $35 $30 nt of Total Operating Expenses Perce $25 $20 $15 $10 $5 $0 Plant Operations Depreciation Customer & Corporate Expenses Other Operating Expenses All Other ILECs CenturyTel, United, & Frontier Qwest Corporation dba CenturyLink QC 69

79 Telecommunications Utilities and Cooperatives (ILECs) Five-Year Summary Oregon Universal Service Fund Activities $60,000 $50,000 Th housands of Dollars $40,000 $30,000 $20,000 $10,000 $ Disbursement Contribution 70

80 Telecommunications Utilities and Cooperatives (ILECs) Five-Year Summary Oregon Universal Service Fund Line Count by Wire Center Support Area 18,000 16,000 14,000 12,000 Thousands 10,000 8,000 6,000 4,000 2, Line Count 71