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****PRELIMINARY AND TENTATIVE FINDINGS**** <br />160 <br />140 <br />120 <br />100 <br />80 <br />60 <br />40 <br />20 <br />0 <br />Table 3 <br />2013 Average Monthly Bill Comparison <br />Residential Service (1000 kWh/Mo) <br />• <br />ARP Average: <br />$122.17/Me <br />!OU <br />Average: <br />$115.05/ <br />Me <br />upas-. <br />Other <br />Municipal <br />Average: <br />$118.08/Mo <br />Non -ARP <br />Average: <br />$117.36/Mo <br />A q u A= 0; ,) ro4 <br />x ��p' <br />aiii <br />OoE NQS <br />cn <br />d <br />z <br />Winter Park <br />Note (1) Duke Energy completed a merger with Progress Energy on duly- 2, 2012. Upon completion of the transaction, the new entity <br />operates in Florida as Duke Energy I lorida, Inc. <br />Source: I lorida Public Service Commission <br />While the FMPA ARP residential weighted average bill in Table 3 is 6 percent higher than the IOU residential <br />weighted average bill, the weighted average wholesale rate for ARP members exceeds the IOU weighted average <br />wholesale rate by a much greater percentage. Table No. 4 shows wholesale rates for ARP members and the wholesale <br />rates for IOUs that sell power on a wholesale basis in Florida. The weighted average cost per Megawatt Hour (MNX1-1) <br />for ARP members in calendar year 2013 was $75.80, which is $18.42, or 32 percent, higher than the IOU amount of <br />$57.38. <br />5 <br />7 <br />