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ATTACHMENT 2 -A <br /> % Utility Rates Escalation Rates (these are historical averages used for developing savings <br /> estimates only and are not binding as it pertains to this Guarantee ) <br /> Year Electricity Water Maintenance <br /> 1 0 % 0 % 0 % <br /> 2 3 % 5 % 3 . 5% <br /> 3 3 % 5 % 3 . 5 % <br /> 4 3 % 5 % 3 . 5% <br /> 5 3 % 5 % 3 . 5% <br /> 6 3 % 5 % 3 . 5% <br /> 7 3 % 5 % 3 . 5% <br /> 8 3 % 5 % 3 . 5% <br /> 9 3 % 5 % 3 . 5% <br /> 10 3 % 5% 3 . 5 % <br /> 11 3 % 5% 3 . 5 % <br /> 12 3 % 5% 3 . 5% <br /> The rates set forth above shall be based upon a compounding of the immediately preceding year' s <br /> escalated rate ( i . e . compounded escalation annually ) . <br /> Indian River County , Florida 9 Indian River County Phase 1 <br /> Phase I Rev . 06/09 <br />