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that the Commission discuss different disconnect options (waiting until weather improves, etc) <br /> during inclement weather. <br /> Discussion followed. The Commission decided to leave these decisions up to <br /> management to determine what the best option is at that time. <br /> 5.3 Is` Quarter Performance Metrics and Incentive Compensation Policy Results <br /> The Commission adopted a Performance Metrics program in December 2012, for <br /> implementation January 1, 2013. This is a company performance based program designed to <br /> incentivize employee commitment towards the company's success. Divided into categories <br /> representing core values of the company and again into sub-categories that are quantifiable, this <br /> program is designed to track goals that require companywide support of the employees to <br /> continually achieve. When the employees work together as a team to achieve these goals, the <br /> company recognizes a corresponding increase in value to our customers. <br /> The Commissioners reviewed the performance metrics update, noting we are on track to <br /> meet metrics criteria. Discussion followed. <br /> 5.4 Purchase Power Supply and Agency Membership <br /> Elk River Municipal Utilities currently receives wholesale power from Great River <br /> Energy (GRE) through an"all requirements"purchase power agreement with Connexus Energy, <br /> one of GRE's 28 member electric cooperatives. In September 2008, Connexus exercised their <br /> right to terminate that contract. The provisions of the contract require a ten year notice, <br /> effectively establishing the purchase power agreement to end in September 2018. <br /> Since the date when Connexus gave notice of termination of this power contract, ERMU <br /> has diligently explored options for a future wholesale power supplier. Central Minnesota <br /> Municipal Power Agency (CMMPA) started a Power Supply Coalition. The Coalition was <br /> formed to gain economies of scale for reducing costs associated with a power supply study as <br /> well as gain load for purposes of obtaining better power supply prices from a Request For <br /> Proposal (RFP). A full power supply study was completed along with risk analysis. Based on <br /> the studies, an RFP was sent out for the Coalition's future power supply needs. Shortly after the <br /> bids for the RFP were received, the economy took a downturn. By the time the bids were <br /> analyzed, they were no longer competitive with the wholesale power market. ERMU decided <br /> not to enter into a purchase power agreement resulting from the Coalition's RFP. ERMU used <br /> the results of the study as a basis for future wholesale power supply analysis. <br /> In addition to the work with CMMPA, ERMU had also been researching other municipal <br /> power agencies. In Minnesota, municipal power agencies are created through Minnesota State <br /> Statute 453. One of the benefits of municipal power agencies is their members are other <br /> municipal utilities. ERMU had engaged in membership discussion with: CMMPA, Southern <br /> Minnesota Municipal Power Agency (SMMPA), Missouri River Energy Service (MRES), and <br /> Minnesota Municipal Power Agency (MMPA). Around this time, Connexus and GRE had also <br /> Page 3 <br /> Regular meeting of the Elk River Municipal Utilities Commission <br /> May 14,2013 <br />