Annual Cost of Service 2009 Prices

2009 – Annual Schedule 128 Transition Adjustment

2009 PGE COS Energy Rate - 2009 Market Rate = Transition Adjustment

PGE COS Energy price and 2009 Transition Adjustments have been updated consistent with the OPUC Order 08-601.

• Applicable to service under the above Schedules only for Customers leaving Annual COS pricing during the 2009 November election window.

• Posted prices are effective Jan. 1, 2009 through Dec. 31, 2009.

• Schedule 128 prices will be updated in the future to reflect change resulting from an order in the UE-204 proceeding.

• These charges do not reflect your total bill. They do not include other charges such as basic charge, distribution, transmission and system usage charges or supplemental adjustments.

2009 – 9 Month Balance of Year Schedule 128 Transition Adjustment

2009 PGE COS Energy Rate - 9 Months Balance of Year Market Rate = 9 Months Balance of Year Transition Adjustment

• Applicable to service under the above Schedules only for Customers leaving Annual COS pricing during the quarterly February 2009 November election window.

• Posted prices are effective April 1, 2009 through Dec. 31, 2009.

• Schedule 128 prices will be updated in the future to reflect change resulting from an order in the UE-204 proceeding.

• These charges do not reflect your total bill. They do not include other charges such as basic charge, distribution, transmission and system usage charges or supplemental adjustments.

2009 – 6 Month Balance of Year Schedule 128 Transition Adjustment

2009 PGE COS Energy Rate - 6 Months Balance of Year Market Rate = 6 Months Balance of Year Transition Adjustment

• Applicable to service under the above Schedules only for Customers leaving Annual COS pricing during the quarterly May 2009 November election window.

• Posted prices are effective July 1, 2009 through Dec. 31, 2009.

• Schedule 128 prices will be updated in the future to reflect change resulting from an order in the UE-204 proceeding.

• These charges do not reflect your total bill. They do not include other charges such as basic charge, distribution, transmission and system usage charges or supplemental adjustments.

2009 – 3 Month Balance of Year Schedule 128 Transition Adjustment

2009 PGE COS Energy Rate - 3 Months Balance of Year Market Rate = 3 Months Balance of Year Transition Adjustment

• Applicable to service under the above Schedules only for Customers leaving Annual COS pricing during the quarterly August 2009 November election window.

• Posted prices are effective Oct. 1, 2009 through Dec. 31, 2009.

• These charges do not reflect your total bill. They do not include other charges such as basic charge, distribution, transmission and system usage charges or supplemental adjustments.