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,. <br /> { <br /> ? Financial Highlights <br /> 1 <br /> I i f <br /> ,r V V1 PA comoletec two sonc <br /> ' %j, r refuncings in 2014 that <br /> / <br /> / , ,- , /-,I resultec in a corTloinec <br /> i ,. <br /> °resent va ue <br /> ;; ,. , ; , , 6. savings to Inc-r bers <br /> /477/ of more than S17 million. <br /> t / i / <br /> • , 'r Member Rates <br /> /4 . <br /> 4 MMPA's average rate to members in 2014 was• <br /> t $69.73 per MWh, an increase of 2.2%over 2013's <br /> average rate. The Agency's strategic planning <br /> and financial focus has resulted in MMPA's rates <br /> being competitive with other local power supply <br /> y 3� a <br /> ,, providers. The Agency's average rate was lower <br /> than that of a comparable investor-owned utility, <br /> , generation and transmission cooperative, <br /> , <br /> and municipal power agency in the state of <br /> Minnesota for the year. <br /> Average MMPA Rate to Members <br /> in dollars per megawatt hour <br /> 70 <br /> o - � 60 — 68.24 69.73 <br /> { 65.06 S/MWh S/MWh <br /> $/MWh <br /> t L , yam. . , 50 _.• . : <br /> $ 40 — <br /> J.. .:� ` std <br /> i= 20 <br /> 10 <br /> --_- - ' o- 2012 2013 2014 <br /> �-- � "ter... <br /> r <br />