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GOAL Natural Gas Strategy: Development, Direction and Implementation

z Prices locked in for two years

April 2023 Update

These three items are critical to minimize the impact to our customers in the future:

| Fixed Gas Prices

FPUA’s wholesale provider has secured fixed gas prices for April 2023 through March 2024 at 75% of generation fuel needs. And April 2024 through March 205 at 50% of generation fuel needs.

| Rate Stabilization Fund

FPUA Board approved a new upper limit for the rate stabilization fund to help minimize the impact of future gas market spikes. This will help minimize the large increase of a PCA adjustment in a single month. |

PCA Adjustment Schedule

With the two items now in full implementation, the FPUA board has approved a multi-month power cost adjustment. This will allow decreasing or increasing the PCA over a period of three months.