PSC NO: 4 GAS STATEMENT TYPE: GSC ORANGE AND ROCKLAND UTILITIES, INC. STATEMENT NO: 144 INITIAL EFFECTIVE DATE: 07/01/12

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PSC NO: 4 GAS STATEMENT TYPE: GSC STATEMENT NO: 144 STATEMENT OF GAS SUPPLY CHARGE Applicable to Billing Under Service Classification Nos. 1 and 2 of S.C. Nos. 1&2 Customers Item GSC Price 1. AVERAGE DEMAND COST OF GAS 10.105 2. AVERAGE COMMODITY COST OF GAS 26.626 3. AVERAGE COST OF GAS The average cost of gas per 100 cubic feet determined on June 22, 2012 is computed in accordance with the cost of gas provisions as defined in General Information Section No. 12.1. 36.731 4. Factor of Adjustment - System loss allowance 1.0186 5. Resulting Gas Cost Including Losses ( 3 multiplied by 4) 37.414 6. Surcharge from the annual reconciliation period ended August 31, 2011 to be applied commencing January 1, 2012 through December 31, 2012 (2.591) 7. Interim surcharge 0.000 8. GAS SUPPLY CHARGE Applicable to service rendered on and after the effective date of this statement, and thereafter until changed. 34.823

PSC NO: 4 GAS STATEMENT TYPE: MGA STATEMENT NO: 141 STATEMENT OF MONTHLY GAS ADJUSTMENTS Effective for Service Rendered On or After July 1, 2012 Applicable to the Billing Under Service Classification Nos 1, 2 and 6 of Service Service Classification No. 6 Classification Pre-Aggregation Post-Aggregation Rider B Nos. 1 and 2 10 / 01 / 96 10 / 01 / 96 Rate Schedule II A. Monthly Gas Adjustments Applied to All Volumes Used: cents/ccf cents/ccf cents/ccf cents/ccf 1. Transition Surcharge 0.000 0.000 0.000 0.000 2. Surcharge/(Credit) for Sharing of Benefits 0.194 0.194 0.194 0.194 3. Gas in Storage Working Capital (Reliability/Balancing-Related) 0.213 0.213 0.213 0.213 4. Research and Development Surcharge 0.179 0.179 0.179 0.179 5. Recovery of Prepaid Algonquin Capacity Costs 0.000 N/A N/A N/A Per Order in Case 91-G-0128. 6. Peak Shaving Supply N/A 0.000 0.000 0.000 7. Pipeline Refund (Sept 2011 - Aug 2012) (0.335) (0.310) (0.310) (0.310) 8. Pipeline Refund (March 2012 - February 2013) (0.651) (0.651) (0.651) (0.651) 9. Capacity Release Service Adjustment N/A 0.275 0.275 0.275 10. Transition Adjustment for Competitive Services 0.044 0.044 0.044 0.044 11. Balancing Charge 9.093 9.093 9.093 9.093 12. Temporary Surcharge (November 1, 2011 through October 31, 2012) 2.160 2.160 2.160 2.160 Pursuant to Joint Proposal in Case No. 08-G-1398 13. MONTHLY GAS ADJUSTMENT 10.897 11.197 11.197 11.197 B. Conversion Factor - Applicable to Service Classification No. 6 Only (therms/ccf) 1.030 1.030 1.030 C. Increase in Rates and Charges: Revenue tax surcharge factors shall be applied to all rates and charges in accordance with General Information Section 15.

PSC NO: 4 GAS STATEMENT TYPE: MFC STATEMENT NO: 70 STATEMENT OF MERCHANT FUNCTION CHARGE Effective for Service Rendered On or After July 1, 2012 Applicable to the Billing Under Service Classification Nos 1 and 2 of Service Classification Nos. 1 and 2 (Cents/Ccf) SC1 SC2 Commodity Procurement 1.181 0.413 Credit and Collections 0.678 0.232 Storage Working Capital (Supply-Related) 0.213 0.213 Uncollectibles (1) 0.237 0.053 Total 2.309 0.911 (1) Calculation of Uncollectible Rate SC1 SC2 Uncollectible Percentage (UC%) 0.676% 0.151% Gas Supply Charge (Statement No. GSC - 144) 34.823 34.823 Uncollectible Charge (GSC/(1-UC%)-GSC) (Cents/Ccf) 0.237 0.053

PSC NO: 4 GAS STATEMENT TYPE: IGR STATEMENT NO: 182 INITIAL EFFECTIVE DATE: 06/28/12 STATEMENT OF INTERRUPTIBLE GAS RATES Effective for Billing Periods Beginning On and After June 28, 2012 Applicable to Billing under Service Classification No. 3 of 1. Maximum Allowable Unit Charge a) Tail Block Delivery Rate of SC2 30.025 b) Plus the GSC (Statement No. GSC-144) 34.823 c) Plus the MGA (Statement No. MGA-141) 10.897 d) Total Maximum Allowable Unit Charge 75.745 2. Minimum Allowable Unit Charge a) Average Commodity Cost of Gas Purchased 26.626 b) Factor of Adjustment (Statement No. GSC-144) 1.0186 c) Minimum Allowable Unit Charge 27.121 Applicable to Interruptible Customer Category: A B C 3. Unit Charge 75.745 75.745 75.745 4. Unit Markup (line 3 - line 2c) 48.624 48.624 48.624 5. Effective Charge in Certain Villages and Cities. 76.633 76.633 76.633 6. Effective Charge in All Other Areas. 75.866 75.866 75.866 7 Weighted Average Cost of Transportation Used in the $17.4900 /Dth Determination of the Penalty Charge and the Emergency Service Charge. Customer Categories are defined as: Category A - No. 6 Oil, 2% sulfur content or higher Category B - No. 6 Oil, less than 2% sulfur content Category C - All Others

PSC NO: 4 GAS STATEMENT TYPE: DFR STATEMENT NO: 182 INITIAL EFFECTIVE DATE: 06/28/12 STATEMENT OF DUAL FUEL GAS RATES Effective for Billing Periods Beginning On and After June 28, 2012 Applicable to Billing Under Service Classification No. 5 of 1. Maximum Allowable Unit Charge a) Tail Block Delivery Rate of SC2 30.025 b) Plus the GSC (Statement No. GSC-144) 34.823 c) Plus the MGA (Statement No. MGA-141) 10.897 d) Plus the MFC (Statement No. MFC-70) 0.911 TOTAL 76.656 2. Minimum Allowable Unit Charge a) Average Cost of Gas Purchased ( Statement No. GSC-144) 36.731 b) Factor of Adjustment 1.0186 c) Average Commodity Cost of Gas Sold 37.414 d) Plus Transition Surcharge 0.000 TOTAL 37.414 Applicable to Interruptible Customer Category: A B C 3. Unit Charge 76.656 76.656 76.656 4. Effective Charge in Certain Villages and Cities. 77.554 77.554 77.554 5. Effective Charge in All Other Areas. 76.779 76.779 76.779 Customer Categories are defined as: Category A - No. 6 Oil, 2% sulfur content or higher Category B - No. 6 Oil, less than 2% sulfur content Category C - All Others

PSC NO: 4 GAS STATEMENT TYPE: NGV STATEMENT NO: 182 INITIAL EFFECTIVE DATE: 06/28/12 STATEMENT OF NATURAL GAS VEHICLE RATES Effective for Billing Periods Beginning On and After June 28, 2012 Applicable to Billing Under Service Classification No. 7 of 1. Maximum Allowable Unit Charge Tail Block Delivery Rate of SC2 30.025 Plus the GSC (Statement No. GSC-144) 34.823 Plus the MGA (Statement No. MGA-141) 10.897 TOTAL 75.745 2. Minimum Allowable Unit Charge Average Commodity Cost of Gas 27.121 Plus 5 5.000 TOTAL 32.121 INITIAL TERM THEREAFTER 3. Average Gasoline Price 376.120 376.120 (month of May) 4. Less: Differential 35.000 25.000 5. Difference 341.120 351.120 6. Conversion Factor 1.100 1.100 7. Equivalent Difference 310.109 319.200 ( 5 divided by 6) 8. Unit Charge 75.745 75.745 9. Effective Charge in Certain Villages and Cities 76.633 76.633 10. Effective Charge in All Other Areas 75.866 75.866 Effective Charges do not include any applicable Federal, State and/or local taxes.

PSC NO: 4 GAS STATEMENT TYPE: ITSS STATEMENT NO: 182 INITIAL EFFECTIVE DATE: 06/28/12 STATEMENT OF INTERRUPTIBLE TRANSPORTATION AND SUPPLEMENTAL SALES CHARGES Effective for Billing Periods Beginning On and After June 28, 2012 Applicable to Billing Under Service Classification No. 8 * of 1. Maximum Allowable Base Charge Tail Block Delivery Rate of SC6 30.025 Minus 5 Cents per Ccf 5.000 25.025 2. Minimum Allowable Unit Charge 1.000 3. Base Charge 6.900 4. Transportation Charge Effective Charges Billing Certain Cities Rate and Villages Other Areas First 1000 CCF or less $150.00 $151.76 $150.24 Next 49,000 CCF @ 11.900 12.040 11.919 Next 50,000 CCF @ 9.400 9.510 9.415 Next 100,000 CCF @ 6.900 6.981 6.911 Over 200,000 CCF @ 4.300 4.350 4.307 5. Weighted Average Cost of Transportation Used in the $17.4900 /Dth Determination of Over and Under-Delivery Charges, Penalty Charges and the Emergency Service Charge For the Supplemental Sales Charges, see STATEMENT OF INTERRUPTIBLE GAS RATES STATEMENT NO. IGR - 182 * 5 is also applicable to Service Classification Nos. 13 and 14.

PSC NO: 4 GAS STATEMENT TYPE: WSC STATEMENT NO: 34 STATEMENT OF WITHDRAWABLE SALES SERVICE SUPPLY CHARGE Effective for Billing Periods Beginning On and After July 1, 2012 Applicable to Billing Under Service Classification No. 9 of $/MCF 1. Unit Charge 3.9346 2. Effective Charge in Certain Villages and Cities 3.9807 3. Effective Charge in All Other Areas 3.9409 Effective Charges do not include any applicable Federal, State and/or local taxes.

PSC NO: 4 GAS STATEMENT TYPE: QST STATEMENT NO: 177 STATEMENT OF RATES TO QUALIFIED SELLERS AND FIRM TRANSPORTERS OF GAS Effective for Service Rendered On or After July 1, 2012 Applicable to the Billing Under Service Classification No. 11 of A. Weighted Average Cost of Firm Pipeline Capacity $17.4900 /Dth B. Winter Bundled Sales ("WBS"): WBS Gas Purchases (November - March) $0.0000 /Dth C. Conversion Factor (Dth/Mcf) 1.030 D. Increase in Rates and Charges: Revenue tax surcharge factors shall be applied to all rates and charges in accordance with General Information Section 15.