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58 Duke Energy Carolinas,LLC Electricity No.4 North Carolina Tenth Revised Leaf No.92 Superseding North Carolina Ninth Revised Leaf No.92 SCHEDULE PP-H(NC) HYDROELECTRIC QUALIFYING FACILITIES PURCHASED POWER II. Energy Credit Variable Rate 5 Years 10 Years(a) 15 Years(a) a.All On-Peak Energy per Month per kWh: 5.24¢ 5.40 0 6.20 0 6.61 >t b.All Off-Peak Energy per Month per kWh: 4.19 F 4.30 0 4.83 0 5.08 0 Notes:(a) Contracts for the 10-Year and 15-Year Fixed Long-Term Rates are subject to a provision making the contract renewable for subsequent term(s)at the option of the Company on substantially the same terms and provisions and at a rate either (1) mutually agreed upon by the parties negotiating in good faith and taking into consideration the Company's then avoided cost rates and other relevant factors,or(2)set by arbitration. * Unless otherwise specified in the Company's contract with the Customer,payment of credits under this Schedule do not convey to the Company the right to renewable energy credits(RECs)associated with the energy delivered to the Company by the Customer. DEFINITIONS' Nameplate Capacity: The term"Nameplate Capacity"shall mean the maximum continuous electrical output capability of the generator(s) at any time at a power factor of ninety percent(90%). Net Capacity: The term"Net Capacity"shall mean the Nameplate Capacity of the Customer's generating facilities, less the portion of that capacity needed to serve the generating facilities'Auxiliary Load. Auxiliary Load: The term"Auxiliary Load"shall mean power used to operate auxiliary equipment in the facility necessary for power generation(such as pumps,blowers,fuel preparation machinery,and exciters). Net Power: The term"Net Power"shall mean the total amount of electric power produced by the Customer's generating facilities less the portion of that power used to supply the generating facilities'Auxiliary Load. Month: The term'Month"as used in this Schedule means the period intervening between meter readings for the purposes of monthly billing,such readings being taken once per month. For Option A Rates,the On-Peak Months shall be the billing Months of June through September and December through March. The Off- Peak Months shall be the billing Months of April,May,October and November. For Option B Rates,the Summer Months are the period from June 1 through September 30. The Non-Summer Months are the period from October 1 through May 31. DETERMINATION OF ON-PEAK AND OFF-PEAK ENERGY On-Peak Energy shall be energy, in kilowatt-hours,which is supplied to the Company during On-Peak Period Hours. Off-Peak Energy shall be energy,in kilowatt-hours,which is supplied to the Company during the Ott Peak Period Hours. For Option A Rates,the On-Peak Period Hours shall be those hours,Monday through Friday,beginning at 7 A.M.and ending at 11 P.M. The Off-Peak Period Flours shall be all other weekday hours and all Saturday and Sunday hours. For Option B Rates,the On-Peak Period Hours shall he those hours,Monday through Friday,beginning at 1 P.M.and ending at 9 P.M. during Summer Months,and beginning at 6 A.M.and ending at 1 P.M.during Non-Summer Months. The Off-Peak Period Hours shall be all other weekday hours and all Saturday and Sunday hours. All hours for the following holidays shall be considered as Off-Peak: New Year's Day, Memorial Day, Good Friday, Independence Day, Labor Day, Thanksgiving Day, Day after Thanksgiving, and Christmas Day. SAFETY.INTERCONNECTION AND INSPECTION REOUIREMENTS This Schedule is only applicable for installed generation systems and equipment that comply with the provisions outlined in the North Carolina Interconnection Procedures, Forms, and Agreements for State-Jurisdictional Generator Interconnections (hereinafter "Interconnection Procedures")as approved by the North Carolina Utilities Commission. The Customer must submit an Interconnection Request,which must be accepted by the Company,pay an application fee,comply with the liability insurance requirements of the Interconnection Procedures and enter into a specific contract providing for interconnection to the Company's system. In order to ensure protection of the Company's system, the Company reserves the right, at its discretion, to inspect the Customer's generation system and equipment at any time upon reasonable notice to the Customer in an effort to ensure compliance with the North Carolina Tenth Revised Leaf No.92 Effective for service on and after August 26,2011 NCUC Docket No.E-100,Sub 127,Order dated July 27,2011