EX-99.A 89 exhibit99a.htm EXHIBIT 99(A) exhibit99a.htm
Exhibit 99(a)
Examples of Wholesale Energy, Fuel and Emission Allowance Price Fluctuations
2006 through 2010

Wholesale Energy:
PJM West Hub* Power Price - $/MWh
Year
High
Month
Low
Month
2006
$
769.90
 
August
$
(17.11)
**
May
2007
$
571.60
 
August
$
(12.67)
**
May
2008
$
475.58
 
June
$
(43.19)
**
September
2009
$
246.61
 
February
$
(12.48)
**
September
2010
$
362.90
 
December
$
(26.25)
**
May
*      A common trading hub for PJM.
**    Occurs during times of low demand for electricity when generation levels of generating units are reduced to their normal minimums.

Mid-C* Power Price - $/MWh
Year
High
Month
Low
Month
2006
$
189.87
 
July
$
(2.00
)**
May
2007
$
197.79
 
July
$
0.86
 
March
2008
$
101.29
 
April
$
(7.50
)**
June
2009
$
111.53
 
December
$
0.28
 
June
2010
$
53.41
 
November
$
(2.00
)**
June
*      A common trading hub for Northwestern U.S.
**    Occurs when generation levels from hydroelectric units exceed demand due to excess water runoff.


Fuel:
NYMEX Coal (1% sulfur content, 12,000 Btu) Price - $/ton
Year
High
Month
Low
Month
2006
$
57.75
 
February
$
37.50
 
November
2007
$
56.80
 
November
$
38.75
 
January
2008
$
143.25
 
July
$
56.17
 
January
2009
$
68.25
 
January
$
42.25
 
April
2010
$
79.98
 
December
$
49.38
 
February

NYMEX Natural Gas Price - $/million Btu
Year
High
Month
Low
Month
2006
$
10.63
 
January
$
4.20
 
September
2007
$
9.90
 
May
$
5.20
 
September
2008
$
13.69
 
August
$
5.28
 
December
2009
$
6.24
 
February
$
2.41
 
October
2010
$
6.11
 
February
$
3.21
 
November

Residual Oil (1% sulfur content) Price @ NY Harbor - $/barrel
Year
High
Month
Low
Month
2006
$
54.25
 
April
$
35.00
 
October
2007
$
72.52
 
December
$
37.23
 
January
2008
$
119.70
 
July
$
28.40
 
December
2009
$
44.95
 
December
$
33.70
 
March
2010
$
79.85
 
May
$
62.75
 
May

Sulfur Dioxide Emission Allowances:
SO2 Emission Allowance Price - $/allowance
Year
High
Month
Low
Month
2006
$
1,598
 
January
$
445
 
November
2007
$
715
 
June
$
405
 
January
2008
$
535
 
January
$
88
 
July
2009
$
215
 
January
$
56
 
April
2010
$
80
 
February
$
5
 
July, November