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" Retail sales and nett generation may not correspond exactly for a particular month for a variety of reasons (i.e., sales data may includeu purchases of electricity from nonutilities or imported electricity). Net generation is for the calendar month whiler retail sales and associated revenue accumulate from bills collected for periods of time (28 to 35 days) that varyl dependent upon customer class and consumption occurring in and outside the calendar month. " Totals may not: equal sum of components because of independent rounding. m Sources: Energy Information Administration, Form EIA-826, "Monthly Electric Utility Sales and RevenueW Report with State Distributions," and Form EIA-861, "Annual Electric Utility Report." NTable 8.13 Retail Prices of Electricity Sold by Electric Utilities, 1960-1999/ (Cents per Kilowatthour)________________________________________________________________________________________________________________________________________________________________________________ | | | | | | Residential | Commercial | Industrial | Other 1 | Total |_________________________________|_________________________________|_________________________________|_________________________________|_________________________________ Year | | | | | | | | | | | Nominal | Real 2 | Nominal | Real 2 | Nominal | Real 2 | Nominal | Real 2 | Nominal | Real 2 ______|________________|________________|________________|________________|________________|________________|________________|________________|________________|________________ 1960 2.6 R11.7 2.4 R10.8 1.1 R5.0 1.9 R8.6 1.8 R8.1 1961 2.6 R11.6 2.4 R10.7 1.1 R4.9 1.8 R8.0 1.8 R8.0 1962 2.6 R11.4 2.4 R10.6 1.1 R4.8 1.9 R8.4 1.8 R7.9 1963 2.5 R10.9 2.3 R10.0 1.0 R4.3 1.8 R7.8 1.8 R7.8 1964 2.5 R10.7 2.2 R9.4 1.0 R4.3 1.8 R7.7 1.7 R7.3 1965 2.4 R10.1 2.2 R9.3 1.0 R4.2 1.8 R7.6 1.7 R7.1 1966 2.3 R9.4 2.1 R8.6 1.0 R4.1 1.8 R7.4 1.7 R7.0 1967 2.3 R9.1 2.1 R8.3 1.0 R4.0 1.8 R7.1 1.7 R6.7 1968 2.3 R8.7 2.1 R8.0 1.0 R3.8 1.8 R6.8 1.6 R6.1 1969 2.2 R8.0 2.1 R7.6 1.0 R3.6 1.7 R6.2 1.6 R5.8 1970 2.2 R7.6 2.1 R7.2 1.0 R3.4 1.8 R6.2 1.7 R5.8 1971 2.3 R7.5 2.2 R7.2 1.1 R3.6 1.9 R6.2 1.8 R5.9 1972 2.4 R7.5 2.3 R7.2 1.2 R3.8 2.0 R6.3 1.9 R6.0 1973 2.5 R7.4 2.4 R7.1 1.3 R3.9 2.1 R6.3 2.0 R6.0 1974 3.1 R8.5 3.0 R8.2 1.7 R4.6 2.8 R7.6 2.5 R6.8 1975 3.5 R8.7 3.5 R8.7 2.1 R5.2 3.1 R7.7 2.9 R7.2 1976 3.7 R8.7 3.7 R8.7 2.2 R5.2 3.3 R7.8 3.1 R7.3 1977 4.1 R9.1 4.1 R9.1 2.5 R5.6 3.5 R7.8 3.4 R7.6 1978 4.3 R8.9 4.4 R9.1 2.8 R5.8 3.6 R7.5 3.7 R7.7 1979 4.6 R8.8 4.7 R9.0 3.1 R5.9 4.0 R7.7 4.0 R7.7 1980 5.4 R9.5 5.5 R9.6 3.7 R6.5 4.8 R8.4 4.7 R8.2 1981 6.2 R9.9 6.3 R10.1 4.3 R6.9 5.3 R8.5 5.5 R8.8 1982 6.9 R10.4 6.9 R10.4 5.0 R7.5 5.9 R8.9 6.1 R9.2 1983 7.2 R10.5 7.0 R10.2 5.0 R7.3 6.4 R9.3 6.3 R9.1 1984 7.15 R10.01 7.13 R9.98 4.83 R6.76 5.90 R8.26 6.25 R8.75 1985 7.39 R10.03 7.27 R9.87 4.97 R6.74 6.09 R8.26 6.44 R8.74 1986 7.42 R9.85 7.20 R9.56 4.93 R6.55 6.11 R8.11 6.44 R8.55 1987 7.45 R9.60 7.08 R9.13 4.77 R6.15 6.21 R8.00 6.37 R8.21 1988 7.48 R9.33 7.04 R8.78 4.70 R5.86 6.20 R7.73 6.35 <  R7.92 1989 7.65 R9.19 7.20 R8.65 4.72 R5.67 6.25 R7.51 6.45 R7.75 1990 7.83 R9.05 7.34 R8.48 4.74 R5.48 6.40 R7.40 6.57 R7.59 1991 8.04 R8.97 7.53 R8.40 4.83 R5.39 6.51 R7.26 6.75 R7.53 1992 8.21 R8.94 7.66 R8.34 4.83 R5.26 6.74 R7.34 6.82 R7.43 1993 8.32 R8.85 7.74 R8.23 4.85 R5.16 6.88 R7.32 6.93 R7.37 1994 8.38 R8.73 7.73 R8.05 4.77 R4.97 6.84 R7.12 6.91 R7.20 1995 8.40 R8.56 7.69 R7.84 4.66 R4.75 6.88 R7.01 6.89 R7.02 1996 8.36 R8.36 7.64 R7.64 4.60 R4.60 6.91 R6.91 6.86 R6.86 1997 8.43 R8.27 7.59 R7.45 4.53 R4.45 6.91 R6.78 6.85 R6.72 1998 8.26 R8.01 7.41 R7.19 4.48 R4.34 6.63 R6.43 6.74 R6.54 1999P 8.17 7.81 7.20 6.88 4.42 4.23 6.74 6.44 6.63 6.34 1 Public street and highway lighting, other sales to public authorities, sales to railroads and railways, and interdepartmental sales.r 2 In chained (1996) dollars, calculated by using gross domestic product implicit price deflators. See Table E1. R=Revised. P=Preliminary. Note: Data for 1979 and earlier data are for Classes A and B privately owned electric utilities only. Data for 1980 forward are for selected Class A utilities whoseOelectric operating revenues were $100 million or more during the previous year.6 Web Page: http://www.eia.doe.gov/fuelelectric.html. Sources: 1960 through September 1977 - Federal Power Commission, Form FPC-5, "Monthly Statement of Electric Operating Revenues and Income." October 1977 throughFebruary 1980 - Federal Energy Regulatory Commission (FERC), Form FPC-5, "Monthly Statement of Electric Operating Revenues and Income." March 1980 through 1982 - FERC, FormFERC-5, "Electric Utility Company Monthly Statement." 1983 - Energy Information Administration (EIA), Form EIA-826, "Electric Utility Company Monthly Statement." 1984-1988 - EIA, Form EIA-861, "Annual Electric Utility Report." 1989 forward - EIA, Electric Power Monthly (March 2000), Table 52. 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T ? *---'---  m  $ X m  m X---'---  '  $' < '  ' ---'---  D  $D Y D / D ---'---  b  $b w b M b ---'---    $   -j  ---'---    $     ---'---    $     ---'---    $     ---'---    $     ---'---    $ q'    q---'---  /  $/ D /  / ---'---  M  $M b M 8 M ---'---  j  $j  j U j ---'---    $   r  ---'---  ---'---  ---'---  ------'--- r \ l2 nCNew England Average Monthly Wholesale Electricity Prices, 1993-20010%5-))%))-%%%)%9)))"A))%%%%-%%%"-%%%%%%%%%%%----'---  ---'---  ----'---    2 V 0.0%% 2 > 10.0%%% 2 &20.0%%% 2 30.0%%% 2 40.0%%% 2 50.0%%% 2 60.0%%% 2 70.0%%% 2 80.0%%%---'---  ---'---   Arial- 2 | Jan-93-Arial- 2 May-93-Arial- 2 ySep-93-Arial- 2 | Jan-94-Arial- 2 cMay-94-Arial- 2 Sep-94-Arial- 2 | NJan-95-Arial- 2 May-95-Arial- 2 9Sep-95-Arial- 2 | Jan-96-Arial- 2 $May-96-Arial- 2 Sep-96-Arial- 2 | Jan-97-Arial- 2 May-97-Arial- 2 Sep-97-Arial- 2 | oJan-98-Arial- 2 May-98-Arial- 2 Z Sep-98-Arial- 2 | Jan-99-Arial- 2 E May-99-Arial- 2 Sep-99-Arial- 2 | 0 Jan-00-Arial- 2 May-00-Arial- 2  Sep-00-Arial- 2 | Jan-01-Arial- 2  May-01----'---  ------'--- E Arial- 2 U$/mWh-----'---  ---'---  -- -4- "- M --- - - -D m -- *2 Source: ISO-New England-%%"%-40%/-%%%%%'  --&3  "- -% U ] -  - $t S < $ 7 m --&- "- M b -- - - - -K V ---- :2 o"Jerrold Oppenheim +1-978-283-0897 "%%%4%%%%%%9'%%%%%%%%%%%$2 E bJerroldOpp@tgic.net"%%%4%%D%"%%'  -- -'   '  'ObjInfo"/WorkbookySummaryInformation(!#0DocumentSummaryInformation84      !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~$& A@\pJerrold Oppenheim Ba=   =t"<X@"1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1sArial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial1Arial"$"#,##0_);\("$"#,##0\)!"$"#,##0_);[Red]\("$"#,##0\)""$"#,##0.00_);\("$"#,##0.00\)'""$"#,##0.00_);[Red]\("$"#,##0.00\)7*2_("$"* #,##0_);_("$"* \(#,##0\);_("$"* "-"_);_(@_).))_(* #,##0_);_(* \(#,##0\);_(* "-"_);_(@_)?,:_("$"* #,##0.00_);_("$"* \(#,##0.00\);_("$"* "-"??_);_(@_)6+1_(* #,##0.00_);_(* \(#,##0.00\);_(* "-"??_);_(@_)0.0 0.0% m/d/yyyy                + ) , *          @@  @   $@   @  @    $    @     $        $@    `MZSheet1!hCHART Elec 1993 to Aug 01 Elec 93-01d Elec v GasTElec v Gas, indexElec v Gas, Oil index Elec v Gas,Oil index&adj#:>Elec v Gas-Oil index & adjPricesMSheet3 TCMy DocumentsJerry's DocumentsOil resid prices June 1986-May 2001 psw14vdall.xlsFile Information PSW14VDAllS1 PSW14VDAllS2 PSW14VDAllS3 PSW14VDAllS4YYYYYZ  (\µ=@Z  (\µ=@Z  {Gz=@Z  Q=@Z  zG<@Z  (\µ=@Z  (\µ=@Z  R>@Z  R>@Z  fffff>@Z  ?@Z  \(?@Z  ?@Z  \(?@Z   @@Z   @@Z  Q?@Z  \(?@Z  9@@Z  33333@@Z  R@@Z  A@Z  QA@Z  = ףp=A@Z  = ףp=A@Z  QA@Z  (\A@Z  A@Z  (\O@@Z  33333@@Z ! 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"! #" $# %$ &% '& (' )( *) +* ,+ -, .- /. 0/ 10 21 32 43 54 65 76 87 98 :9 ;: <; =< >= ?>D@l@ABCDEFGHIJKLM @? A@ BA CB DC ED FE GF HG IH JI KJ LK ML >@  7  A@MHP LaserJet 1100w odXX8 1/2 x 11 inHP LaserJet 1100LPT1:DDTdH"dXX??3` 4#&` 4#'` 4#(` 4#)` 4#*8(  8 8 B,Yl @AA? ] ! ],Ylm $<Source: ISO-New England<&UrjB 8 0D@o H [ ]`Hm 8 BYl @Ag ?[ 5 ]Ylm $5<6Jerrold Oppenheim +1-978-283-0897 JerroldOpp@tgic.net<&U5P88h3d hh3QQ ;hQ ;hQ3_  NM   d4E4D$% M 3O&'Q4$% M 3O&(Q4FA:r 3O 3 b\\#M-43*#M! M4% r]MZ3O)&*Q $/mWh'4523   43" 44% M M3O~&)Q CNew England Average Monthly Wholesale Electricity Prices, 1993-2001'44he@@ @@@@@ @@@@ `@ @@ @ @ @@@ @@@@`@@@@@@@`@@@@`@ @ @ @!@"@#@@$ @%#@&&@'*@(@.@) 2@*5@+9@,=@-`A@.@E@/I@0L@1P@2@T@3 X@4[@5_@6c@7`g@8@k@9o@:r@;v@<z@=`~@>@?@@@A`@B @C@D@E@F@G@@H @I@J@K`@L @M@N@O@P@Q@@R @S@T@U@V@@W @X@Y@Z@[`@\@@]@^@_@`@a`@b @c@d@e`@f @g@e333333(@,@333333+@333333@,@-@+@-@2@ 333331@ 333333+@ %@ +@ 333333,@333333,@,@ @ffffff+@333333,@ffffff*@(@-@ffffff0@)@ffffff+@3333331@/@0@333333,@.@0@-@ 333333-@!,@",@#0@$ffffff0@%ffffff-@&-@'+@(-@)ffffff+@*333331@+1@,333333,@-2@.,@/.@0L0@13333336@2ffffff/@3333333/@43333331@5L1@6.@70@83333337@90@:/@;6@<4@=1@>ffffff-@?2@@ffffff2@A.@B,@Cffffff(@Dffffff"@E1@FL1@G#@Hffffff'@I(@J333330@K0@L333333<@Mףp= H@NRD@O@=@PQk<@QR8@RGz8@S\(\8@T33333B@U(\A@V8@W(\5:@X\(LR@YffffffC@ZRB@[= ףpE@\33333E@])\(I@^fffffH@_fffffFO@`)\HO@azGE@bףp= I@c(\"B@dzGD@eGzA@fQJ@gQE@e> gQ  A@MHP LaserJet 1100w odXX8 1/2 x 11 inHP LaserJet 1100LPT1:DDTdH"dXX??3` 4#` 4#` 4#` 4#` .6 (  jB @ 0D@  ]`` m  B^l @A@g ?9 ]^l m $C<DJerrold Oppenheim, +1-978-283-0897 JerroldOpp@tgic.net, April 2001<TC  B _l @AA? ] _l@ m $<Source: ISO-New England<~4VDh3d cc3QQ ;cQ ;cQ3_  NM   (4E4D $% M 3O&Q4$% M 3O&Q4FA~ 3Ow 3 b\\+MZ43*#M! M4% N7TMZ3O(&Q $/MWH'4523   43" 44% sMM3O=&Q r7New England Average Monthly Wholesale Electricity Price'44ce@@ @@@@@ @@@@ `@ @@ @ @ @@@ @@@@`@@@@@@@`@@@@`@ @ @ @!@"@#@@$ @%#@&&@'*@(@.@) 2@*5@+9@,=@-`A@.@E@/I@0L@1P@2@T@3 X@4[@5_@6c@7`g@8@k@9o@:r@;v@<z@=`~@>@?@@@A`@B @C@D@E@F@G@@H @I@J@K`@L @M@N@O@P@Q@@R @S@T@U@V@@W @X@Y@Z@[`@\@@]@^@_@`@a`@b @e333333(@,@333333+@333333@,@-@+@-@2@ 333331@ 333333+@ %@ +@ 333333,@333333,@,@ @ffffff+@333333,@ffffff*@(@-@ffffff0@)@ffffff+@3333331@/@0@333333,@.@0@-@ 333333-@!,@",@#0@$ffffff0@%ffffff-@&-@'+@(-@)ffffff+@*333331@+1@,333333,@-2@.,@/.@0L0@13333336@2ffffff/@3333333/@43333331@5L1@6.@70@83333337@90@:/@;6@<4@=1@>ffffff-@?2@@ffffff2@A.@B,@Cffffff(@Dffffff"@E1@FL1@G#@Hffffff'@I(@J333330@K0@L333333<@Mףp= H@NRD@O@=@PQk<@QR8@RGz8@S\(\8@T33333B@U(\A@V8@W(\5:@X\(LR@YffffffC@ZRB@[= ףpE@\33333E@])\(I@^fffffH@_fffffFO@`)\HO@azGE@bףp= I@e> bףp=  A@MHP LaserJet 1100w odXX8 1/2 x 11 inHP LaserJet 1100LPT1:DDTdH"dXX??3` 4# ` 4# ` 4# ` 4# h3d 3Q:K  ElectricityQ ;L_Q ;L_Q3_  NM   4E4 3Q:K *Gas for electricityQ ;L_ Q ;L_Q3_  NM   4E4D $% M 3O& Q4$% M 3O& Q4FAS 3Ow 3 b#M43*#M! M4% NBMZ3Ob& Q (cents/kWh or $/mcf'4523   43" M3OM% M,3OQ4444% DMM3Op& Q (New England Prices'44e`@`@ @ @@@@@@@@@@@@@ @ @@@ @ @ @ @ @@ @@ @  @ @ @@@@@`@`@@@@@@@@@ezG?Gz@(\@p= ף@y&1@@~jt@ףp= @ffffff@Q@#~j@Q@B`"@@l@ ףp= @rh|@Q @ Q @ ףp= @ tV @ \(\ @ 333333@ 333333 @ +@ \(\ @ -F@ (\@ ףp= @zG@ʡE @(\@1Z@HzG@(\B@RQ@T㥛 @(\@Q@= ףp=@e> = ף  A@MHP LaserJet 1100w odXX8 1/2 x 11 inHP LaserJet 1100LPT1:DDTdH"dXX??3` 4#` 4#` 4#` 4#` 4#0 (     Bhl @AA?]hl m $/<0Jerrold Oppenheim, May 2001 JerroldOpp@tgic.net<kg/!j  Bhl @AA?.   ]hlm $I<JGas accounts for about 19% of generation, gas and oil together about 43% <2 I  B4il @AA?kj]4il|m $_<`Electricity price in 2000 increased 58% faster than is explained by gas and oil price increases<r _0 0 3d 3Q:K  ElectricityQ ;L_ Q ;L_Q3_4E4 3Q:K *Gas for electricityQ ;L_ Q ;L_Q3_  NM  d4E4D$% M 3O&Q4$% M 3O&Q4FA1m 3OS 3 b+MZ43*?N#M! M4% 1hMZ3O=&Q $April 1999 = 1.0'4523   43"  n3O *% M,3O&Q423 M NM4444% Q M3O_&Q FNew England Electricity and Gas Prices from Electricity Market Opening'44e`@`@ @ @@@@@@@@@@@@@ @ @@@ @ @ @ @ @@ @@ @  @ @ @@@@@`@`@@@@@@@@@e??m۶m?p?$C?FkFk@"x?r)r)@,=S?m۶m?S +??S +?6Z5Z?&_6h?++?:Fqc?233333?? 0 ð@ Q? X|W|E@ e&_6? m۶m? !? c?c?? x? m@ A/?yy@|٠ɗ@@u\@ @&_6h@0 0@ @c?c?@l@yy@:Fq@e> :F  A@MHP LaserJet 1100w odXX8 1/2 x 11 inHP LaserJet 1100LPT1:DDTdH"dXX??3` 4#` 4#` 4#` 4#` 4#@(    Bgl @AA?]glm $3<4Jerrold Oppenheim, May 2001 JerroldOpp@tgic.net<g3  Bnl @AA? U  ]nlm $<Gas: 19.4% of kWh<L D   Bol @AA? (  ]olm $<Oil: 23.3% of kWh<F ?@  Blol @Ag ? :  ]lolm $x<yTogether, gas and oil account for only about 43% of generation -- prices of other fuels (hydro, coal, uranium) were flat< x?@  Bol @Ag ?]olm $l<mOn average, electricity price in 2000 increased 58% faster than is explained by gas and oil price increases< l0 0 3d 3Q:K  ElectricityQ ;L_ Q ;L_Q3_  NM   4E4 3Q:K *Gas for electricityQ ;L_ Q ;L_Q3_  NM  !4E4 3Q:K  Resid oilQ ;L_ Q ;L_Q3_  NM   4E4D$% M 3O&Q4$% M 3O&Q4FA1w/ K 3O& = 3 b+MZ43*?N#M! M4% 1hMZ3O=&Q $April 1999 = 1.0'4523   43" = N3O= =% M,3O&Q423 M NM4444% Q^1M3O &Q QNew England Electricity Prices From Market Opening Compared to Gas and Oil Prices'44e`@`@`@ @ @ @@@@@@@@@@@@@@@@@@@ @ @ @@@@ @ @ @ @ @ @ @@ @@ @@ @  @  @ @ @ @@@@@@@`@`@`@@@@@@@@@@@@@e???m۶m?p?$C??FkFk@"x?2E?r)r)@,=S?p?m۶m?S +?\M??S +?p?6Z5Z?&_6h?kek;?++?:Fqc?=6?233333??i? 0 ð@ Q? l-? X|W|E@ e&_6? QITf? m۶m? !? 5g? c?c?? x? xg? m@ A/? f?yy@|٠ɗ@aPz@@u\@q? @&_6h@~$+?0 0@ @c@c?c?@l@(@yy@:Fq@4 ` @e> 4 `   A@MHP LaserJet 1100w odXX8 1/2 x 11 inHP LaserJet 1100LPT1:DDTdH"dXX??3` 4#` 4#` 4#` 4#` 4#P((  ( ( Bul @A@g ?9]ulm $<On average, electricity price in 2000 increased 58% faster than is explained by gas and oil price increases (other fuel prices -- hydro, coal, uranium -- approximately flat)<  ( BXul @AA?I ]Xulm $,<-Source: US Energy Information Administration<g, ( Bul @Ag ? T]ulm $E<FJerrold Oppenheim, June 2001 JerroldOpp@tgic.net +1-978-283-0897<# E00 0 3d 3Q:K  ElectricityQ ;L_Q ;L_Q3_  NM   4E4 3Q:K *Gas for electricityQ ;L_Q ;L_Q3_  NM  !d4E4 3Q:K  OilQ ;L_Q ;L_Q3_  NM   <4E4D$% M 3O&Q4$% M 3O&Q4FA1m , 3OR  3 b+MZ43*?@N#M! M4% .M3O&Q z;Adjusted for share of generated kWh (19.4% gas, 23.3% oil) '4% 1hMMZ3O@&Q $April 1999 = 1.0'4523   43"  p3O iT% M,3O&Q423 M NM4444% Q M3O&Q QNew England Electricity Prices from Market Opening Compared to Gas and Oil Prices'44e`@`@`@ @ @ @@@@@@@@@@@@@@@@@@@ @ @ @@@@ @ @ @ @ @ @ @@ @@ @@ @  @  @ @ @ @@@@@@@`@`@`@@@@@@@@@@@@@e???m۶m? #+s  A@"? ??E3` 4# ` 4#!` 4#"` 4##` 4#$` 4#%``4H(  4 4 B xl @AA? \] xl4m $,<-Source: US Energy Information Administration< , 4 B\xl @A@g ?i ]\xl(m $8<9Jerrold Oppenheim +1-978-283-0897 JerroldOpp@tgic.net< 8 3`\C3d 3Q:K  ElectricityQ ;L_Q ;L_Q3_  NM   4E4 3Q:K Gas/OilQ ;L_Q ;L_Q3_  NM  !4E4D$% M 3O&!Q4$% M 3O&"Q4FA54 3Om [ 3 b#M43*?#M! M4% vM3O&%Q V)Adjusted for share of generated kWh (43%)'4% 9lMZ3O=&$Q $April 1999 = 1.0'4523   43"  3O % M,3OQ4444% TM3O&#Q j3New England Prices from Electricity Market Openiing'44e`@`@ @ @@@@@@@@@@@@@ @ @@@ @ @ @ @ @@ @@ @  @ @ @@@@@`@`@@@@@@@@@e??m۶m?NR\P?FkFk@#ȋ?r)r)@?m۶m?oR??Uy?6Z5Z?hL>?++?zXwg?233333?6? 0 ð@ 1*1K? X|W|E@ %f>B? m۶m? ~? c?c?? 7 7 ? m@ ,d?yy@Ǵ%?@pU? @Zm+?0 0@p9?c?c?@H4MM?yy@bX,?e> bX, A@  dMbP?_*+%"??U} $ j      N P T  V | @@@ ~ $@;wܹ@D   @@ ~ (@ffffff@D @@@ ~ ,@e*al?0D$ @І@ ~ 0@J?<D0 @@X@ ~ 4@X%?HD<  @ @ ~ 8@7@LDH @@ ~ <@oo? DL-ޛJr? %HRQ@- h? %@RQ@ @-@ ~ <@}Y&@ DT U   @2@ ~ @@ %Xe@TD` , VG@$D DQ?! 6?  D D } `@@ ! o~?L D D  ~ @@@@  W   @@ ! ;wܹ@ D D  X# xK=7.@ %LB [   @@  Y# OsD@  %McB! wNG@  D D  Z  @@ ~ @fffffFO@ D`!D@` DD  Z   @@@  @X@ @ @ @h@ @@ `@@ @@(@ @-@ @@ @@!ffffff@ DD@h@ `@@ @ؘ@ @0@ @@ `@.@  @@@ Db l|eeeeeeqaH2$$$$$$$$E$$$$$$ !"#$%&'()*+,-./0123456789:;<=>?  @-@ !@Ж@ !"@,@ "#@X@ #$@@(@$!$e*al? 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%=X`'b9X@"1Arial1Arial1Arial1Arial1iArial1iArial1Arial1iArial1iArial1Arial1iArial1iArial1Arial1Arial"$"#,##0_);\("$"#,##0\)!"$"#,##0_);[Red]\("$"#,##0\)""$"#,##0.00_);\("$"#,##0.00\)'""$"#,##0.00_);[Red]\("$"#,##0.00\)7*2_("$"* #,##0_);_("$"* \(#,##0\);_("$"* "-"_);_(@_).))_(* #,##0_);_(* \(#,##0\);_(* "-"_);_(@_)?,:_("$"* #,##0.00_);_("$"* \(#,##0.00\);_("$"* "-"??_);_(@_)6+1_(* #,##0.00_);_(* \(#,##0.00\);_(* "-"??_);_(@_)0.0                + ) , *         `3Sheet1.BChart1Z Elec v Gas iPricesSheet3`ibZ  3  @@   WW92, 12, 9970.0, 0, 1040, 17925, 9, 3, 18, 0, 24.3, 6.4, 0.0, 0.0, 8708, 20, 7, 5, 0, 42.1, 40.7, 0.0, 0.0 93, 1, 10090.2, 0, 1132, 18085, 19, 2, 18, 0, 18.1, -4.4, 0.0, 23.6, 8487, 1, 5, 5, 0, 38.0, 27.9, 0.0, 12.1 93, 2, 9483.5, 0, 1196, 18853, 1, 1, 19, 0, 7.7, -4.5, 0.0, 26.4, 9636, 14, 7, 4, 0, 28.1, 21.0, 0.0, 14.4 93, 3, 9744.9, 0, 976, 16882, 15, 1, 19, 0, 21.9, 1.5, 0.0, 29.6, 8065, 28, 7, 4, 0, 41.7, 40.7, 0.0, 13.6 93, 4, 8402.0, 0, 534, 15906, 1, 4, 19, 0, 35.8, 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52.6, 0.0, 14.5 94, 11, 8762.2, 0, 592, 16482, 28, 1, 18, 0, 52.4, 47.8, 0.0, 26.8, 7593, 6, 7, 4, 0, 52.8, 48.7, 0.0, 16.4 94, 12, 9826.1, 0, 936, 18425, 12, 1, 18, 0, 20.3, 0.3, 0.0, 27.4, 8224, 25, 7, 5, 0, 42.5, 40.3, 0.0, 12.8 95, 1, 10008.7, 0, 1031, 18790, 11, 3, 18, 0, 15.0, 12.2, 0.0, 42.5, 8153, 16, 1, 4, 0, 55.9, 54.7, 0.0, 13.7 95, 2, 9330.2, 0, 1105, 19204, 6, 1, 19, 0, 3.7, -11.6, 0.0, 41.2, 9243, 20, 1, 3, 0, 34.4, 24.0, 0.0, 17.2 95, 3, 9458.0, 0, 836, 16841, 9, 4, 19, 0, 22.9, 11.3, 0.0, 27.4, 8814, 19, 7, 4, 0, 33.8, 28.8, 0.0, 15.9 95, 4, 8507.0, 0, 615, 16243, 5, 3, 11, 0, 24.4, -4.2, 0.0, 32.9, 7855, 30, 7, 5, 0, 44.1, 41.4, 0.0, 16.0 95, 5, 8560.6, 0, 276, 15294, 31, 3, 15, 0, 83.2, 50.9, 67.1, 23.6, 7349, 29, 1, 4, 0, 53.4, 51.6, 54.9, 14.1 95, 6, 9173.8, 45, 27, 19720, 19, 1, 17, 0, 92.3, 70.5, 77.7, 43.0, 7712, 11, 7, 5, 0, 57.7, 50.5, 57.6, 15.0 95, 7, 10430.4, 161, 0, 20499, 27, 4, 14, 239, 88.7, 67.3, 77.7, 51.9, 7887, 4, 2, 6, 0, 59.2, 53.9, 60.2, 16.8 95, 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M4523   43" 44% SlM3O&Q N%UK Real Electricity Prices (1990=100)'44e@@@@ @ @@@@@@@@@ @ @$@$@ (@ (@ ,@ ,@ 0@ 0@ 4@ 4@ 8@ 8@<@<@@@@@efffffZ@X͞;^@̌Z@a$]@ Y@zԂP@[@33333X@B{ %[@fffffX@4cZ@Y@Y@33333Y@:X@Z@GX@`Y@.XY@ Y@ jiW@ ̌Y@ "lW@ X@ Q/mYU@ 33333V@ (N|6S@ fffff&U@ ~S@YT@I`R@33333S@^ P@e> ^  A@MHP LaserJet 1100w odXX8 1/2 x 11 inHP LaserJet 1100LPT1:DDTdH"dXX??3` 4#"` 4##` 4#$` 4#%` 4#&` 4#'Z`(B(  (~ ( <Tl A?F]TlDn $5<6Jerrold Oppenheim +1-978-283-0897 JerroldOpp@tgic.net<& 5  ( Bl @A@?]lu $[<\Sources: UK DTI Quarterly Energy Prices (Dec. 2001), Boston Pacific Co. study for EPSA (US)<& g[((0 0 3 d 3Q: "UK (privatized)Q ;Q ;Q3_ M   f5 - i@za.[]- ='>( ffTrellis MM< 4E4 3Q:  US (regulated)Q ;Q ;Q3_    MM< 4E4D$% M 3O&#Q4$% M 3O&$Q4FA` 3O,iG 3 bP P PZR R R RR RV VM&"SS43*ܿ#M! M4523  O43" l3Ol% M,3O&'Q443_ M NM  MM< 44SS4% TM3O&%Q Z+Real Electricity Price Decreases, 1985-1989'4% aM#3O&"Q23 M  4'4% aM#3O&"Q23 M  4'4SS 4eDomesticDomesticIndustryIndustryexE*Ͽ333333ӿ"$ςؿ ףp= ׿e>  ףp A@  dMbP?_*+%"??U}       $@@,@4@8@ $`v@ @p{@x@y@ $s@0v@w@s@r@  $ k@q@ o@ j@h@ $v@x@ {@x@x@ $p@s@w@r@q@ $x@p@r@p@`n@  $ @@@@@ $ `y@@@(@x@  $  s@~@@P@X@ $ Ȁ@؄@0@@Ȇ@ $ @X@@@X@ $@@p{@@ @ @ ! "$<,6666666"666666>@7  A@MHP LaserJet 1100w odXX8 1/2 x 11 inHP LaserJet 1100LPT1:DDTdH"dXX??3` 4#)` 4#*` 4#+` 4#,` 4#-`p<H(  < < B4 @A? ]4 | $5<6Jerrold Oppenheim +1-978-283-0897 JerroldOpp@tgic.net<)ig5` < B @A?]\| $9<:Source: Digest of UK Energy Statistics (2000), Table 9.17<)Bg9<<0 0 3 d 3Q: DenmarkQ ;Q ;Q3_4E4 3Q: FinlandQ ;Q ;Q3_4E4 3Q: SwedenQ ;Q ;Q3_4E4 3Q: UKQ ;Q ;Q3_ $ NM  $$4E4 3Q: FranceQ ;Q ;Q3_ % NM  %%4E4 3Q: USQ ;Q ;Q3_  NM   &&4E4D$% M 3O&*Q4$% M 3O&+Q4FA*Z` 3O 3 b#M43*ffffff?@#M! M4% 9f1MZ3O5&-Q  pence/kWh'4523   43"  63O % M,3OQ4444% TM3O&,Q :Industry Electricity Prices'44e@@@@@@@@@@@@,@,@,@,@,@,@4@4@4@4@4@4@8@8@8@8@8@8@ep= ף @333333 @\(\@ @333333@ףp= @ @ffffff @ffffff@ףp= @\(\ @HzG@(\@{Gz@Q@\(\@{Gz@(\@\(\@HzG @Q@@ףp= @\(\@{Gz@= ףp=@Gz?\(\@(\@q= ףp@e> q= נ  A@MHP LaserJet 1100w odXX8 1/2 x 11 inHP LaserJet 1100LPT1:DDTdH"dXX??3` 4#(` 4#.` 4#/` 4#0` 4#1`8H(  8 8 B @AA? ]l $5<6Jerrold Oppenheim +1-978-283-0897 JerroldOpp@tgic.net<(ig5$j 8 B @A?] $9<:Source: Digest of UK Energy Statistics (2000), Table 9.17<(Bg90 0 3 d 3Q: DenmarkQ ; Q ;Q3_4E4 3Q: FinlandQ ; Q ;Q3_4E4 3Q: SwedenQ ; Q ;Q3_4E4 3Q: UKQ ; Q ;Q3_  NM  N4E4 3Q: FranceQ ; Q ;Q3_ $ NM  $$4E4 3Q: USQ ;Q ;Q3_ % NM  %%4E4D$% M 3O&.Q4$% M 3O&/Q4FA$m 3OP 3 b#M43*#M! M4% ?fCMZ3O5&1Q  Pence/kWh'4523   43"  63O % M,3OQ4444% TM3O&0Q :Domestic Electricity Prices'44e@@@@@@@@@@@@,@,@,@,@,@,@4@4@4@4@4@4@8@8@8@8@8@8@e(\@= ףp=@{Gz@{Gz@@p= ף@{Gz"@Q@Q@Gz@\( @(\@q= ףp*@(\@Q@Q @Q%@RQ@ףp= '@Q@Q@(\@\(\ @p= ף@Q)@p= ף@{Gz@)\(@)\(@Q@e> Q  A@MHP LaserJet 1100w odXX8 1/2 x 11 inHP LaserJet 1100LPT1:DDTdH"dXX??3` 4#5` 4#6` 4#7` 4#8` 4#9` 4#:P(  P P Bl @AA?k ]l  $-<.Average Low Price: 223 (Average savings, 13%)<6 - P B,l @AA?M H],l $<Average High Price: 257<6{ X P B.l @Ag ?|,].l $?<@Average Lowest Prepayment Price: 248, 3% less than Average High<5 ?' P B(l @Ag ?|p ](l $7<8Jerrold Oppenheim +1 978-283-0897 JerroldOpp@tgic.net<5 7 P Bl @Ag ?+X]l臓 $<Source: Energywatch, Dec. 2001<5 0 0 3 d 3Q:  Low priceQ ;Q ;Q3_  NM  d4E4 3Q:  High priceQ ;Q ;Q3_  NM  d4E4 3Q:  Prepmt lowQ ;Q ;Q3_  NM  d4E4D$% M 3O&7Q4$% M 3O&8Q4FA7 & 3O $ 3 b+MZ43*i@ r@#M! 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Y@/zԂP@[@@(@*`W@*@.~@/B{ %[@@( W@*@*@.t@/4cZ@@(Y@+Y@+@.Y@1Y@@(@+-@+@.-@1:X@  @(@+L@ +  @.d@ 1GX@ $@(@+P@ + $@.`Y@ 1.XY@ (@(H@+@ + (@.Y@ 1jiW@ ,@(@+M@ + ,@.@ 1"lW@ 0@(@+@ + 0@.X@ 1Q/mYU@4@(\@+e@+4@.@1(N|6S@8@(Y@+6@+8@.@1~S@<@([@,S@,<@.̿@2I`R@@@)@,@,@@3@2^ P@4,,52 0 0 &6*?DD&6Lp?DD6 7(6xE*ϿDDD(6"$ςؿDDD  666 76>6B  6666(6?qmѿDDD(6W) ܿDDD &6&?DD(6VyFDDD 66(6] =˿DDD(6.)׿DDD (6`!:vDDD(6P+DDDD 66(6$LοDDD(6~~j ӿDDD "(6CGDD D (6e{DD D  66(6]?ʿDD D (6zx#˿DD D  -:< @PNNNNNBNNNNNNNNXX:P>@7  A@MHP LaserJet 1100w odXX8 1/2 x 11 inHP LaserJet 1100LPT1:DDTdH"dXX??3` 4#` 4#` 4#` 4#` 4#~@f(    B(v @AA?  ](vDl $< Domestic<2   Bxv @AA?  ]xvl $ < Industrial<0   Hv @A?]vl $6<7Jerrold Oppenheim +1-978-283-0897 Jerrold Opp@tgic.net< 6   Bv @A?[]vl $2<3Source: UK DTI Quarterly Energy Prices (Dec. 2001)< 20 0 3 d 3Q: DomesticQ ;Q ;Q3_  NM   4E4 3Q: IndustryQ ;Q ;Q3_  NM ] d4E4D$% M 3O&Q4$% M 3O&Q4FAG 3O 3 b#M43*T@@_@#M! M4523   43" 44% TdM3O&Q H"UK Electricity Prices (1990 = 100)'44e@@@@ @ @@@@@@@@@ @ @$@$@ (@ (@ ,@ ,@ 0@ 0@ 4@ 4@ 8@ 8@<@<@@@@@e T@V@̌T@V@33333sT@,V@̌U@`W@ W@ Y@Y@Y@fffff[@p= Y@33333\@(\B[@\@(\\@ ]@ fffff[@ 333333^@ GzD[@ 33333^@ 33333SZ@ \@ 33333X@ 33333S[@ HzX@[@̼X@lZ@(\V@e> (  A@"DV@E??t3` 4#` 4#` 4#` 4# ` 4#!xP`(    Blv @A?/]lvPl $2<3Source: UK DTI Quarterly Energy Prices (Dec. 2001)< 2  Bv @AA? , ]vl $< Domestic<!2 l  B v @AA? y ] v l $< Industry<!) 4  B\v @AA? /]\vl $5<6Jerrold Oppenheim +1-978-283-0897 JerroldOpp@tgic.net< 5`\C3 d 3Q: DomesticQ ;Q ;Q3_  NM   4E4 3Q: IndustryQ ;Q ;Q3_  NM  d4E4D$% M 3O&Q4$% M 3O&Q4FAC 3O(P 3 b#M43*@P@@_@#M! M4523   43" 44% SlM3O&Q N%UK Real Electricity Prices (1990=100)'44e@@@@ @ @@@@@@@@@ @ @$@$@ (@ (@ ,@ ,@ 0@ 0@ 4@ 4@ 8@ 8@<@<@@@@@efffffZ@X͞;^@̌Z@a$]@ Y@zԂP@[@33333X@B{ %[@fffffX@4cZ@Y@Y@33333Y@:X@Z@GX@`Y@.XY@ Y@ jiW@ ̌Y@ "lW@ X@ Q/mYU@ 33333V@ (N|6S@ fffff&U@ ~S@YT@I`R@33333S@^ P@e> ^  A@MHP LaserJet 1100w odXX8 1/2 x 11 inHP LaserJet 1100LPT1:DDTdH"dXX??3` 4#"` 4##` 4#$` 4#%` 4#&` 4#'Z`(B(  (~ ( <&v A? $ ]&v\l $5<6Jerrold Oppenheim +1-978-283-0897 JerroldOpp@tgic.net<&U5  ( B@'v @A@?$]@'vl $[<\Sources: UK DTI Quarterly Energy Prices (Dec. 2001), Boston Pacific Co. study for EPSA (US)<& U[ 3d 3Q: "UK (privatized)Q ;Q ;Q3_ M   f5 - i@za.[]- ='>( ffTrellis MM< 4E4 3Q:  US (regulated)Q ;Q ;Q3_    MM< 4E4D $% M 3O&#Q4$% M 3O&$Q4FAm ] 3OG3 3 bP P PZR R R RR RV VM&"SS43*ܿ#M! M4523  O43" M3O% M,3O&'Q443_ M NM  MM< 44SS4% KvM3O&%Q Z+Real Electricity Price Decreases, 1985-1999'4% M#3O&"Q23 M  4'4% M#3O&"Q23 M  4'4SS 4eDomesticDomesticIndustryIndustryexE*Ͽ333333ӿ"$ςؿ ףp= ׿e>  ףp A@  dMbP?_*+%"??U}       $@@,@4@8@ $`v@ @p{@x@y@ $s@0v@w@s@r@  $ k@q@ o@ j@h@ $v@x@ {@x@x@ $p@s@w@r@q@ $x@p@r@p@`n@  $ @@@@@ $ `y@@@(@x@  $  s@~@@P@X@ $ Ȁ@؄@0@@Ȇ@ $ @X@@@X@ $@@p{@@ @ @ ! "$<,6666666"666666>@7  A@MHP LaserJet 1100w odXX8 1/2 x 11 inHP LaserJet 1100LPT1:DDTdH"dXX??3` 4#)` 4#*` 4#+` 4#,` 4#-`p<H(  < < B:v @A? ]:vpl $5<6Jerrold Oppenheim +1-978-283-0897 JerroldOpp@tgic.net<)ig5` < B ;v @A?] ;vl $9<:Source: Digest of UK Energy Statistics (2000), Table 9.17<)Bg9<<0 0 3 d 3Q: DenmarkQ ;Q ;Q3_4E4 3Q: FinlandQ ;Q ;Q3_4E4 3Q: SwedenQ ;Q ;Q3_4E4 3Q: UKQ ;Q ;Q3_ $ NM  $$4E4 3Q: FranceQ ;Q ;Q3_ % NM  %%4E4 3Q: USQ ;Q ;Q3_  NM   &&4E4D$% M 3O&*Q4$% M 3O&+Q4FA*Z` 3O 3 b#M43*ffffff?@#M! M4% 9f1MZ3O5&-Q  pence/kWh'4523   43"  63O % M,3OQ4444% TM3O&,Q :Industry Electricity Prices'44e@@@@@@@@@@@@,@,@,@,@,@,@4@4@4@4@4@4@8@8@8@8@8@8@ep= ף @333333 @\(\@ @333333@ףp= @ @ffffff @ffffff@ףp= @\(\ @HzG@(\@{Gz@Q@\(\@{Gz@(\@\(\@HzG @Q@@ףp= @\(\@{Gz@= ףp=@Gz?\(\@(\@q= ףp@e> q= נ  A@MHP LaserJet 1100w odXX8 1/2 x 11 inHP LaserJet 1100LPT1:DDTdH"dXX??3` 4#(` 4#.` 4#/` 4#0` 4#1`8H(  8 8 B @AA? ]ԝl $5<6Jerrold Oppenheim +1-978-283-0897 JerroldOpp@tgic.net<(ig5$j 8 B @A?]$l $9<:Source: Digest of UK Energy Statistics (2000), Table 9.17<(Bg90 0 3 d 3Q: DenmarkQ ; Q ;Q3_4E4 3Q: FinlandQ ; Q ;Q3_4E4 3Q: SwedenQ ; Q ;Q3_4E4 3Q: UKQ ; Q ;Q3_  NM  N4E4 3Q: FranceQ ; Q ;Q3_ $ NM  $$4E4 3Q: USQ ;Q ;Q3_ % NM  %%4E4D$% M 3O&.Q4$% M 3O&/Q4FA$m 3OP 3 b#M43*#M! M4% ?fCMZ3O5&1Q  Pence/kWh'4523   43"  63O % M,3OQ4444% TM3O&0Q :Domestic Electricity Prices'44e@@@@@@@@@@@@,@,@,@,@,@,@4@4@4@4@4@4@8@8@8@8@8@8@e(\@= ףp=@{Gz@{Gz@@p= ף@{Gz"@Q@Q@Gz@\( @(\@q= ףp*@(\@Q@Q @Q%@RQ@ףp= '@Q@Q@(\@\(\ @p= ף@Q)@p= ף@{Gz@)\(@)\(@Q@e> Q  A@MHP LaserJet 1100w odXX8 1/2 x 11 inHP LaserJet 1100LPT1:DDTdH"dXX??3` 4#5` 4#6` 4#7` 4#8` 4#9` 4#:P(  P P B`7v @AA?k ]`7vl $-<.Average Low Price: 223 (Average savings, 13%)<6 - P BCv @AA?M H]Cv  A@  dMbP?_*+%MHP LaserJet 1100w odXX8 1/2 x 11 inHP LaserJet 1100LPT1:DDTdH"dXX??U} $}  } I }   Low price       #               <   8# 9490q@   & 959 #$ #% #M #6 #< #= #7 #8 #9 1; p@;q@;0q@(: v@?DDD&:p}DD : 1 ? .;n@;q@;p@(:PuPu?DDD&:DD D E ? 2;n@;p@;pp@(:O!&8? DDD&:|1ז DD : J ? - ;m@;Pq@;`o@( :f? D D D & :Ljd D D  F G > ) ;@m@;p@;0p@( :oWc"=? D D D & :0g1 D D  : ) > ( ;k@;n@;n@( :߸? D D D & :߈ D D  : @ ? 0 ;k@;@p@;n@( :S+R+? D D D & : D D  : 0 ? * ;`k@;`n@; n@( :H?D D D & :F ۀD D  0 : A ,;`j@;@n@;`m@(:ge?DDD&:|DD : ; ? 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