ENSTAR Natural Gas Company 8/15/2014 Alaska Pipeline Company Gas Cost Adjustment Calculation 2014 Q4 Contract Current Base Index Current Reimbursed Price Base Price Index Index Ratio Calculated Price Net Taxes Transportation per Mcf Volume Total Cost (1) Approved Base Supply Contracts: a) Hilcorp APL-4 1.5500 100.9980 18.0000 561.10% $ 8.7000 8.6600 0.0590-8.7190 1,642,000 14,317,000 b) Hilcorp Alaska 3.1200 3.5387 $ 3.5387 3.5387-0.2210 3.7597 4,432,000 16,663,000 c) Anchor Point Energy $ 7.0600 7.0600-7.0600 597,000 4,215,000 d) Buccaneer Alaska BUC I $ 6.2670 6.2670 6.2670 427,000 2,676,000 e) Buccaneer Alaska BUC III $ 7.0700 7.0700 7.0700 238,600 1,687,000 f) ConocoPhillips CPAI-5 - - g) Hilcorp APL-12 $ 7.1695 2,902,000 20,806,000 h) System Bas Gas Supply 10,238,600 60,364,000 i) Current Average Cost of System Base Gas Supply 5.8957 (2) Additional Gas Supply: a) Short Term Supply Contracts - - - - - - b) CPAI-4 (Boil Off) 4.5100 - - 4.5100 36,800 166,000 c) Undetermined Supply - - - - - d) Total Additional Gas Supply 36,800 166,000 (3) Gas Withdrawn From Storage 12.3028 1,049,600 12,913,000 (4) Transportation Fees 1,499,000 (5) Total Current Cost of System Gas Supply 11,325,000 74,942,000 (6) Current Average Cost of System Gas Supply 6.6174 (7) Estimated Balance of Gas Cost Balance Account @ 9/31/14 ((over) or under collected) 5,156,000 (8) Other Adjustments - (9) Estimated Stored Gas Carrying Costs 0.0325 497,000 (10) Total Costs 80,595,000 (11) Divided by Total Sales (Mcf) 11,280,000 Weighted Average Unit Cost of Gas and Gas Cost (12) Adjustment 7.1449 Previous Gas Cost Adjustment 7.6738 Change (0.5289) % Change -6.9%
Schedule G1 Schedule G2 Schedule G3 Schedule G4 Last Quarter Comparison 2014 Q3 2014 Q4 2014 Q3 2014 Q4 2014 Q3 2014 Q4 2014 Q3 2014 Q4 Base Rate 1.1010 1.1010 $ 1.0870 1.0870 1.1260 1.1260 1.0950 1.0950 GCA 7.6738 7.1449 $ 7.6738 7.1449 7.6738 7.1449 7.6738 7.1449 Per Mcf Cost 8.7748 8.2459 $ 8.7608 $ 8.2319 8.7998 8.2709 8.7688 8.2399 Consumption 149 149 395 395 1,104 1,104 6,496 6,496 1,307.45 1,228.64 $ 3,460.52 $ 3,251.60 $ 9,714.98 $ 9,131.07 $ 56,962.12 $ 53,526.39 Customer charge 162.00 162.00 $ 348.00 $ 348.00 $ 1,308.00 $ 1,308.00 $ 4,320.00 $ 4,320.00 Annual Bill 1,469.45 1,390.64 $ 3,808.52 $ 3,599.60 $ 11,022.98 $ 10,439.07 $ 61,282.12 $ 57,846.39-5.6% $ Increase (78.81) (6.57) $ (208.92) $ (17.41) $ (583.91) $ (48.66) $ (3,435.73) $ (286.31) Current Rates Proposed Rates % Increase -5.4% per Mo. -5.5% per Mo. -5.3% per Mo. -5.6% per Mo 7.6738 7.1449 Gas Sales Service Customers 7/31/2014 723,260 74,592 (0) 145,699 281,962 Annual Revenue Annual Revenue Estimated Annual Revenues $ 5,550,153 $ 5,167,620 $ 572,404 $ 532,952 (0) $ 1,118,065 $ 1,041,005 $ 2,163,720 $ 2,014,590 $ 9,404,342 $ 8,756,168 Schedule G1 Schedule G2 Schedule G3 Schedule G4 Last Year Comparison 2013 Q4 2014 Q4 2013 Q4 2014 Q4 2013 Q4 2014 Q4 2013 Q4 2014 Q4 Base Rate 1.1010 1.1010 $ 1.0870 1.0870 1.1260 1.1260 1.0950 1.0950 GCA 6.3235 7.1449 0.8214 $ 6.3235 7.1449 6.3235 7.1449 6.3235 7.1449 Per Mcf Cost 7.4245 8.2459 $ 7.4105 $ 8.2319 7.4495 8.2709 7.4185 8.2399 Consumption 149 149 395 395 1,104 1,104 6,496 6,496 1,106.25 1,228.64 2,927.15 3,251.60 8,224.25 9,131.07 48,190.58 53,526.39 Customer charge 162.00 162.00 348.00 348.00 1,308.00 1,308.00 4,320.00 4,320.00 Annual Bill 1,268.25 1,390.64 3,275.15 3,599.60 9,532.25 10,439.07 52,510.58 57,846.39 10.0% $ Increase 122.39 10.20 324.45 27.04 906.83 75.57 5,335.81 444.65 % Increase 9.65% per Mo. 9.91% per Mo. 9.51% per Mo. 10.16% per Mo.
Quarter 4 2014 Calculation of ENSTAR Anchor Point Energy Price Index Value Caculation Revised: 8/6/2014 Calculation Period 2014 Q4 Price per Mcf Quarter Start End Trading Months in Quarter Oct Nov Dec 1 15 Sep 15 Oct Jan Feb Mar Index Value $ 4.438 $ 4.438 $ 4.438 2 15 Dec 15 Jan Apr May Jun Floor $ 7.060 $ 7.060 $ 7.060 3 15 Mar 15 Apr Jul Aug Sep Ceiling $ 10.204 $ 10.204 $ 10.204 4 15 Jun 15 Jul Oct Nov Dec Final Index Price $ 7.060 $ 7.060 $ 7.060 Platts Gas Daily NYMEX Natural Gas Futures Forward Strips Trading Day Settlement Prices Trade Date Oct Nov Dec EXCESS Gas Price $8.825 $8.825 $8.825 16 Jun Monday $ 4.704 $ 4.739 $ 4.807 125% of Final Index Price 17 Jun Tuesday $ 4.702 $ 4.733 $ 4.800 18 Jun Wednesday $ 4.654 $ 4.684 $ 4.753 19 Jun Thursday $ 4.584 $ 4.618 $ 4.687 20 Jun Friday $ 4.537 $ 4.572 $ 4.644 21 Jun Saturday 22 Jun Sunday 23 Jun Monday $ 4.459 $ 4.496 $ 4.574 24 Jun Tuesday $ 4.529 $ 4.561 $ 4.632 2014 Q4 25 Jun Wednesday $ 4.541 $ 4.571 $ 4.640 Floor Value Calculation Ceiling Value Calculation Price per Mcf 26 Jun Thursday $ 4.416 $ 4.449 $ 4.519 27 Jun Friday $ 4.385 $ 4.419 $ 4.488 Floor Price without Adjuster Ceiling Price without Adjuster 2014 Q3 Index Value $4.510 28 Jun Saturday $6.8500 $9.9000 2014 Q4 Prelim Index Value $4.438 29 Jun Sunday % Change 1.60% 30 Jun Monday $ 4.434 $ 4.464 $ 4.532 1 Jul Tuesday $ 4.429 $ 4.461 $ 4.532 For purposes of calculating the Floor Price, For purposes of calculating the Ceiling Price, assuming Allowable Change (up to 18%) 1.60% 2 Jul Wednesday $ 4.346 $ 4.380 $ 4.452 assuming that: that: 3 Jul Thursday $ 4.392 $ 4.424 $ 4.492 Incremental Allowable Change (1/2 4 Jul Friday 2014 Quarter 1 GDPIPD* 2014 Quarter 1 GDPIPD* above 18%) 0.00% 5 Jul Saturday 107.658 107.658 Total Change 1.60% 6 Jul Sunday 7 Jul Monday $ 4.221 $ 4.259 $ 4.329 September 30, 2010 GDPIPD September 30, 2010 GDPIPD 2014 Q4 Final Index $4.438 8 Jul Tuesday $ 4.197 $ 4.235 $ 4.305 101.429 101.429 2014 Q4 Price Floor $7.060 9 Jul Wednesday $ 4.172 $ 4.209 $ 4.280 2014 Q4 Price Ceiling $10.204 10 Jul Thursday $ 4.122 $ 4.163 $ 4.235 Adjuster Calculation Adjuster Calculation 11 Jul Friday $ 4.144 $ 4.186 $ 4.265 107.658 (2014 Quarter 1 GDPIPD*) 107.658 (2014 Quarter 1 GDPIPD*) 12 Jul Saturday divided by divided by 13 Jul Sunday 101.429 (September 30, 2010 GDPIPD) 101.429 (September 30, 2010 GDPIPD) 2014 Q4 APE Index Price $7.060 14 Jul Monday $ 4.148 $ 4.185 $ 4.264 = = 15 Jul Tuesday $ 4.099 $ 4.139 $ 4.216 1.0614 1.0614 Floor Price Ceiling Price 6.85 x [(1 + 1.0614) / 2] 9.9 x [(1 + 1.0614) / 2] Average $ 4.391 $ 4.426 $ 4.497 6.85 x [2.0614 / 2] 9.9 x [2.0614 / 2] Index Value $ 4.438 6.85 x 1.0307 9.9 x 1.0307 $7.060 per Mcf $10.204 per Mcf *GDPIPD from three quarters prior
Quarter 4 2014 2014 Q4 Prices per Mcf Calculation Period Oct Nov Dec Quarter Start End Trading Months in Quarter Index $4.4382 $4.4382 $4.4382 1 15 Sep 15 Oct Jan Feb Mar Floor $5.8578 $5.8578 $6.9784 2 15 Dec 15 Jan Apr May Jun Ceiling $10.1875 $10.1875 $10.1875 3 15 Mar 15 Apr Jul Aug Sep Final Price $5.8578 $5.8578 $6.9784 4 15 Jun 15 Jul Oct Nov Dec Non Firm gas Price $7.3223 $7.3223 $8.7230 Platts Gas Daily NYMEX Natural Gas Futures Forward Strips Trading Day Settlement Prices 125% final price Trade Date Oct Nov Dec 15 Jun 14 Sunday 16 Jun 14 Monday 4.7040 4.7390 4.8070 Winter Floor Value Calculation Base Floor Value Calculation 2014 Q4 Ceiling Value Calculation % Change from Prior Quarter 17 Jun 14 Tuesday 4.7020 4.7330 4.8000 18 Jun 14 Wednesday 4.6540 4.6840 4.7530 2014 Q3 Index Value $4.510 January, February, March, April, May, 19 Jun 14 Thursday 4.5840 4.6180 4.6870 March, April, May, June, July, August, 2014 Q4 Prelim Index Value $4.438 December, January, February June, July, August, September, October, 20 Jun 14 Friday 4.5370 4.5720 4.6440 September, October, November November, December 21 Jun 14 Saturday % Change 1.60% 22 Jun 14 Sunday 23 Jun 14 Monday 4.4590 4.4960 4.5740 Winter Floor Price without Adjuster Base Floor Price without Adjuster Ceiling Price without Adjuster 24 Jun 14 Tuesday 4.5290 4.5610 4.6320 $6.8500 $5.7500 $10.0000 25 Jun 14 Wednesday 4.5410 4.5710 4.6400 26 Jun 14 Thursday 4.4160 4.4490 4.5190 2014 Quarter 1 GDPIPD* 2014 Quarter 1 GDPIPD* 2014 Quarter 1 GDPIPD* 27 Jun 14 Friday 4.3850 4.4190 4.4880 107.658 107.658 107.658 28 Jun 14 Saturday 29 Jun 14 Sunday September 30, 2011 GDPIPD September 30, 2011 GDPIPD September 30, 2011 GDPIPD Total Change 1.60% 30 Jun 14 Monday 4.4340 4.4640 4.5320 103.768 103.768 103.768 1 Jul 14 Tuesday 4.4290 4.4610 4.5320 2 Jul 14 Wednesday 4.3460 4.3800 4.4520 Adjuster Calculation Adjuster Calculation Adjuster Calculation 3 Jul 14 Thursday 4.3920 4.4240 4.4920 107.658 (2014 Quarter 1 GDPIPD*) 107.658 (2014 Quarter 1 GDPIPD*) 107.658 (2014 Quarter 1 GDPIPD*) 4 Jul 14 Friday divided by divided by divided by 5 Jul 14 Saturday 103.768 (September 30, 2011 GDPIPD) 103.768 (September 30, 2011 GDPIPD) 103.768 (September 30, 2011 GDPIPD) 6 Jul 14 Sunday = = = 7 Jul 14 Monday 4.2210 4.2590 4.3290 1.0375 1.0375 1.0375 8 Jul 14 Tuesday 4.1970 4.2350 4.3050 9 Jul 14 Wednesday 4.1720 4.2090 4.2800 Winter Floor Price Floor Price Ceiling Price 10 Jul 14 Thursday 4.1220 4.1630 4.2350 6.85 x [(1 + 1.0375) / 2] 5.75 x [(1 + 1.0375) / 2] 10 x [(1 + 1.0375) / 2] 11 Jul 14 Friday 4.1440 4.1860 4.2650 6.85 x [2.0375 / 2] 5.75 x [2.0375 / 2] 10 x [2.0375 / 2] 12 Jul 14 Saturday 6.85 x 1.01875 5.75 x 1.01875 10 x 1.01875 13 Jul 14 Sunday $6.9784 $5.8578 $10.1875 2014 Q4 Index Value $4.438 14 Jul 14 Monday 4.1480 4.1850 4.2640 15 Jul 14 Tuesday 4.0990 4.1390 4.2160 0 Jan 00 1/0/1900 Average $ 4.3912 $ 4.4260 $ 4.4974 Index Value $ 4.4382 *GDPIPD from three quarters prior Calculation of ENSTAR Buc I Price Index Value Calculation Revised: 8/6/2014 Allowable Change (up to 18%) 1.60% Incremental Allowable Change (1/2 above 18%) 0.00% S:\Active TA Letters\TA 260-4 2014 Q4 GCA\Buc Price 2014 Q4 080614 (2).xlsx
Bureau of Economic Analysis Table 1.1.9. Implicit Price Deflators for Gross Domestic Product [Index numbers, 2009=100] Seasonally adjusted Bureau of Economic Analysis Last Revised on: July 30, 2014 - Next Release Date August 28, 201 2010 2011 2012 2013 2014 Line I II III IV I II III IV I II III IV I II III IV I II 1 Gross do 100.522 100.968 101.429 101.949 102.399 103.145 103.768 103.917 104.461 104.942 105.428 105.824 106.204 106.488 106.923 107.301 107.658 108.188 2 Personal co 101.279 101.393 101.693 102.233 102.999 104.041 104.593 104.954 105.508 105.858 106.202 106.673 106.949 107.072 107.517 107.787 108.153 108.775 3 Goods 101.783 101.143 101.304 102.305 103.792 105.582 106.094 106.177 106.659 106.542 106.683 106.96 106.639 105.988 106.303 105.919 105.771 106.312 4 Durable g 99.525 98.921 98.293 97.817 97.68 98.071 97.843 97.32 97.139 96.77 96.216 95.777 95.53 95.069 94.458 93.828 93.156 92.91 5 Nondurab 102.863 102.209 102.755 104.485 106.782 109.27 110.154 110.551 111.386 111.406 111.923 112.593 112.231 111.477 112.315 112.074 112.23 113.227 6 Services 101.035 101.515 101.884 102.198 102.607 103.278 103.851 104.351 104.939 105.524 105.971 106.539 107.119 107.637 108.15 108.755 109.385 110.049 7 Gross priva 98.839 98.857 99.033 99.553 99.884 100.213 100.641 100.903 101.315 101.688 101.739 102.36 103.011 103.341 103.778 104.193 104.875 105.107 8 Fixed inves 98.977 99.022 99.138 99.569 99.941 100.442 100.704 100.962 101.443 101.762 102.148 102.449 102.932 103.534 104.059 104.721 105.448 105.701 9 Nonreside 98.721 98.947 99.092 99.492 99.897 100.428 100.744 101.052 101.674 101.982 102.263 102.401 102.617 103.052 103.356 103.694 104.051 104.37 10 Structur 97.98 98.554 99.107 99.712 100.044 101.26 102.304 103.499 104.439 105.478 105.782 106.148 106.854 108.168 108.741 109.787 110.409 110.718 11 Equipme 97.86 97.809 98.046 98.29 98.478 98.823 98.931 99.165 99.574 99.583 99.877 100.266 100.195 100.231 100.338 100.287 100.477 100.784 12 Intellect 100.293 100.635 100.379 100.85 101.583 101.943 102.085 101.913 102.648 102.896 103.142 102.74 103.043 103.484 103.898 104.337 104.767 105.11 13 Residenti 100.033 99.331 99.325 99.899 100.115 100.474 100.479 100.501 100.338 100.715 101.584 102.609 104.239 105.541 106.954 108.94 111.215 111.189 14 Change in --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- 15 Net exports--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- 16 Exports 102.638 103.773 104.024 106.456 109.183 111.511 112.156 110.95 111.693 111.929 111.888 112.244 112.53 111.666 111.872 111.948 112.719 112.605 17 Goods 102.979 104.348 104.719 107.895 111.142 113.815 114.401 112.807 113.439 113.514 113.517 113.718 113.904 112.739 112.797 112.633 113.483 113.024 18 Services 101.94 102.578 102.576 103.399 104.995 106.569 107.334 106.963 107.947 108.538 108.403 109.1 109.608 109.4 109.929 110.539 111.136 111.782 19 Imports 105.904 105.387 104.743 107.149 111.48 114.891 114.814 114.543 115.63 114.657 113.328 114.399 114.502 113.054 113.292 113.291 114.088 113.959 20 Goods 106.928 106.311 105.519 108.181 113.286 117.199 117.172 117.028 118.297 117.081 115.471 116.654 116.778 115.104 115.383 115.182 116.049 115.897 21 Services 101.552 101.455 101.478 102.754 103.591 104.741 104.457 103.617 103.856 103.969 103.898 104.465 104.48 104.038 104.097 104.984 105.467 105.448 22 Governmen 101.667 102.423 102.937 103.67 104.702 105.811 106.249 106.116 107.047 107.055 107.264 107.782 108.144 108.313 108.692 109.331 109.432 109.774 23 Federal 101.715 102.446 102.848 103.424 104.585 105.526 105.893 105.69 106.197 106.337 106.387 106.442 106.835 107.104 107.419 108.805 108.119 108.527 24 National d 101.67 102.261 102.473 103.037 104.438 105.441 105.76 105.444 106.261 106.406 106.474 106.52 106.833 106.989 107.244 108.06 108.075 108.454 25 Nondefen 101.804 102.785 103.524 104.121 104.853 105.684 106.132 106.133 106.093 106.223 106.242 106.315 106.845 107.305 107.723 110.073 108.225 108.679 26 State and 101.634 102.406 102.999 103.843 104.783 106.009 106.497 106.414 107.642 107.557 107.876 108.715 109.051 109.153 109.571 109.728 110.331 110.631 Addendum 27 Gross natio 100.64 101.078 101.538 102.059 102.519 103.27 103.892 104.043 104.588 105.064 105.548 105.944 106.324 106.608 107.044 107.423 107.778 ---