..DID: STATEMENT TYPE: GSC..TXT: PSC NO: 4 GAS STATEMENT NO: 2 COMPANY: ORANGE AND ROCKLAND UTILITIES, INC. INITIAL EFFECTIVE DATE: 01/01/01 STAMPS:

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..DID: STATEMENT TYPE: GSC..TXT: PSC NO: 4 GAS STATEMENT NO: 2 RECEIVED: STATUS: EFFECTIVE: GAS SUPPLY CHARGE STATEMENT Applicable to Billing Under Service Classification Nos. 1 and 2 of S.C. Nos. 1&2 Customers Item GSC Price /CCF 1. AVERAGE COST OF GAS The average cost of gas per 100 cubic feet determined on December 27, 2000 is computed in accordance with the cost of gas provisions as defined in General Information Section No. 12.1. 89.693 2. Factor of Adjustment - System loss allowance 1.037 3. Resulting Gas Cost Including Losses ( 1 multiplied by 2) 93.011 4. Credit from the annual reconciliation ending August 31, 2000 to be applied commencing December 1, 2000 through March 31, 2001 (2.943) 5. GAS SUPPLY CHARGE Applicable to service rendered on and after the effective date of this statement, and thereafter until changed. 90.068

..DID: STATEMENT TYPE:MGA..TXT: PSC NO: 4 GAS STATEMENT NO: 2 STATEMENT OF MONTHLY GAS ADJUSTMENTS Effective for Service rendered On or After January 1, 2001 Applicable to the Billing Under Service Classification Nos 1, 2 and 6 of the Schedule of Gas Service of Service Classification No. 6 Service Pre-AggregationPost-Aggregation Classification 10 / 01 / 96 10 / 01 / 96 A. Monthly Gas Adjustments Applied to All Volumes Used: Nos. 1 and 2 cents/ccf cents/ccf 1. Transition Surcharge 0.538 0.000 0.538 2. Surcharge/(Credit) for Sharing of Benefits 0.000 0.000 0.000 3. Gas in Storage Working Capital 0.186 0.186 0.186 4. Interim Backout Credit 0.000 (1.000) (1.000) 5. Research and Development Surcharge 0.077 0.077 0.077 6. Recovery of Prepaid Algonquin Capacity Costs 0.053 N/A N/A per Order in Case 91-G-0128. 7. Peak Shaving Supply N/A 0.068 0.068 8. MONTHLY GAS ADJUSTMENT 0.854 (0.669) (0.131) B. Balancing Fee - Applicable to Service Classification No. 6 Only (Nov. - Mar.): 3.9080 3.9080 C. Conversion Factor - Applicable to Service Classification No. 6 Only 1.035 1.035 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.

..DID: STATEMENT TYPE: IGR INITIAL EFFECTIVE DATE: 12/29/00 STATEMENT OF INTERRUPTIBLE GAS RATES Effective for Billing Periods Beginning On and After December 29, 2000 Applicable to Billing under Service Classification No. 3 of $/MCF 1. Maximum Allowable Unit Charge a) Tail Block Delivery Rate of SC2 1.8131 b) Plus the GSC (Statement No. GSC-2) 9.0068 c) Plus the MGA (Statement No. MGA-2) 0.0854 d) Total Maximum Allowable Unit Charge 10.9053 2. Minimum Allowable Unit Charge a) Average Commodity Cost of Gas Purchased 7.3014 b) Factor of Adjustment (Statement No. GSC-2) 1.0370 c) Minimum Allowable Unit Charge 7.5715 Applicable to Interruptible Customer Category: A B C $/MCF $/MCF $/MCF 3. Unit Charge 8.0715 8.8715 10.9053 4. Unit Markup (line 3 - line 2e) 0.5000 1.3000 3.3338 5. Effective Charge in Certain Villages and Cities. 8.4960 9.3381 11.4789 6. Effective Charge in All Other Areas. 8.4082 9.2416 11.3602 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

..DID: STATEMENT TYPE: ITR RECEIVED: STATUS: EFFECTIVE: STATEMENT OF INTERRUPTIBLE TRANSPORTATION SERVICE RATES Effective for Service Commencing on January 1, 2001 through January 31, 2001 Applicable to any customer commencing service under Service Classification No. 4 during the period for which this statement is effective continuing in effect for a period of not more than two years in accordance with the Service Agreement and the provisions under Service Classification No. 4 of The first 100 MCF rate $150.00 Applicable to Interruptible Customer Category: A B C $/MCF $/MCF $/MCF 1. Transportation Charge 0.5000 1.3000 1.8131 2. Effective Charge in Certain Villages and Cities. 0.5263 1.3684 1.9085 3. Effective Charge in All Other Areas. 0.5209 1.3542 1.8887 Customer Categories are defined as: Category A - No. 6 Oil, 2% sulfur content or higher Category B - No. 6 Oil, less then 2% sulfur content Category C - All Others

..DID: STATEMENT TYPE: DFR INITIAL EFFECTIVE DATE: 12/29/00 STATEMENT OF DUAL FUEL GAS RATES Effective for Billing Periods Beginning On and After December 29, 2000 Applicable to Billing under Service Classification No. 5 of 1. Maximum Allowable Unit Charge /CCF a) Tail Block Delivery Rate of SC2 18.131 b) Plus the GSC (Statement No. GSC-2) 90.068 c) Plus the MGA (Statement No. MGA-2) 0.8538 TOTAL 109.053 2. Minimum Allowable Unit Charge a) Average Cost of Gas Purchased ( Statement No. GSC-2) 89.693 b) Factor of Adjustment 1.037 c) Average Commodity Cost of Gas Sold 93.011 e) Plus Transition Surcharge 0.538 TOTAL 93.549 Applicable to Interruptible Customer Category: A B C /CCF /CCF /CCF 3. Unit Charge 109.053 109.053 109.053 4. Effective Charge in Certain Villages and Cities. 114.789 114.789 114.789 5. Effective Charge in All Other Areas. 113.602 113.602 113.602 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

..DID: STATEMENT TYPE: NGV INITIAL EFFECTIVE DATE: 12/29/00 STATEMENT OF NATURAL GAS VEHICLE RATES Effective for Billing Periods Beginning On and After December 29, 2000 Applicable to Billing Under Service Classification No. 7 of /CCF 1. Maximum Allowable Unit Charge Tail Block Delivery Rate of SC2 18.131 Plus the GSC (Statement No. GSC-2) 90.068 Plus the MGA (Statement No. MGA-2) 0.854 TOTAL 109.053 2. Minimum Allowable Unit Charge Average Commodity Cost of Gas 75.715 Plus 5 /CCF 5.000 TOTAL 80.715 INITIAL TERM THEREAFTER /CCF /CCF 3. Average Gasoline Price 164.200 164.200 (month of November) 4. Less: Differential 35.000 0.000 5. Difference 129.200 164.200 6. Conversion Factor 1.100 1.100 7. Equivalent Difference 117.455 149.273 ( 5 divided by 6) 8. Unit Charge 109.053 109.053 9. Effective Charge in Certain Villages and Cities 114.789 114.789 10. Effective Charge in All Other Areas 113.602 113.602 Effective Charges do not include any applicable Federal, State and/or local taxes.

..DID: STATEMENT TYPE: ITSS INITIAL EFFECTIVE DATE: 12/29/00 STATEMENT OF INTERRUPTIBLE TRANSPORTATION AND SUPPLEMENTAL SALES CHARGES Effective for Billing Periods Beginning On and After December 29, 2000 Applicable to Billing under Service Classification No. 8 of 1. Maximum Allowable Base Charge $/MCF Tail Block Delivery Rate of SC2 1.8131 Minus 50 Cents per Mcf 0.5000 1.3131 2. Minimum Allowable Unit Charge Average Commodity Cost of Gas multiplied 7.5715 by Five Percent X 0.05 0.3786 3. Base Charge 0.5500 4. Transporation Charge Effective Charges Billing Certain Cities Rate and Villages Other Areas $/MCF $/MCF $/MCF First 100 MCF or less $150.00 $157.89 $156.26 Next 4,900 MCF @ 1.0500 1.1052 1.0938 Next 5,000 MCF @ 0.8000 0.8421 0.8334 Over 10,000 MCF @ 0.5500 0.5789 0.5729 For the Supplemental Sales Charges, see STATEMENT OF INTERRUPTIBLE GAS RATES STATEMENT NO. IGR - 40

..DID: STATEMENT TYPE: QST..TXT: PSC NO: 4 GAS STATEMENT NO: 39 RECEIVED: STATUS: EFFECTIVE: STATEMENT OF RATES TO QUALIFIED SELLERS AND FIRM TRANSPORTERS OF GAS Effective for Service rendered On or After January 1, 2001 Applicable to the Billing Under Service Classification No. 11 of A. Weighted Average Cost of Firm Pipeline Capacity $15.7184 Dth B. Functional Storage Service: (a) Functional Annual Storage Capacity - FASC $0.0767 Dth (b) Demand Transfer Recovery: (1) Storage Inventory Sale - DTRS ($0.3127) Dth (2) Storage Inventory Purchase - DTRP $0.3127 Dth C. Capacity Allocation Percentages Applicable to the Annual Heat Load Requirement - AHLR: (a) Served by Propane 10.1% (b) Storage & Transportation 39.6% (c) Longhaul Transportation 50.3% 100.0% D. Conversion Factor 1.035 E. Increase in Rates and Charges: Revenue tax surcharge factors shall be applied to all rates and charges in accordance with General Information Section 15.

..DID: STATEMENT TYPE: QSW..TXT: PSC NO: 4 GAS STATEMENT NO: 30 RECEIVED: STATUS: EFFECTIVE: STATEMENT OF RATES TO QUALIFIED SELLERS WITHOUT COMPANY RELEASED CAPACITY Effective for Service rendered On or After January 1, 2001 Applicable to the Billing Under Service Classification No. 12 of A. Functional Storage Service: (a) Functional Annual Storage Capacity - FASC $0.0767 Dth (b) Demand Transfer Recovery: (1) Storage Inventory Sale - DTRS ($0.3127) Dth (2) Storage Inventory Purchase - DTRP $0.3127 Dth B. Capacity Allocation Percentages Applicable to the Annual Heat Load Requirement - AHLR: (a) Served by Propane 10.1% (b) Storage & Transportation 39.6% (c) Longhaul Transportation 50.3% 100.0% C. Conversion Factor 1.035 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.