6.1. ERMUSR 08-10-2010 - Laserfiche WebLink

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Addressing costs: "Nothing is more important" Energy is changing in America. Future economic Great River Energy President and CEO growth will require additional sources of electric David Saggau, speaking at the Great power and this new power will be the most expensive River Energy annual meeting last month: ever built. America is facing an energy crises: in the midst of a struggling economy, our country needs to invest in expensive new generation and, at the same time, address climate change. These factors will drive up costs significantly. Electric bills will increase as a result of expected federal action to address climate change. "We are focused on addressing costs -nothing is more important to us right noru than working to keep rates as affordable as possible for our members," said Saggau. "However, our rate is going to continue to increase -due to costs we have little control over -and we do our members no favor by pretending otherwise." _~ ~~_ 6~ ~- Our Energy, Our Future A Dialogue With America Cooperatives' commitment Government's responsibilities Cooperatives are doing our part. As member- In taking on the challenge of addressing climate owned, not-for-profit organizations, we will: change, government must: • Educate our members and elected officials about affordability, reliability and energy policy. • Work to manage costs and ensure reliability. • Help our members save money and energy with efficiency and conservation. • Work with government to develop technology needed to meet climate change goals. Work with electric cooperatives to develop least- cost solutions. Be honest with consumers about the costs and who will pay-no back-door taxes or hidden agendas. Invest in technology necessary to meet climate change goals. For additional information, please visit ourenergymn.coop. www.toddwadena.coop July zoo9