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Section 12. RES Compliance and Rate Impact <br /> This section describes MMPA's efforts toward meeting the State of <br /> Minnesota's Renewable Energy Standard(RES) and the estimated <br /> rate impact of complying with the RES. <br /> RES Requirement MMPA's annual RES requirements are projected to grow from <br /> Projected to Grow to approximately 312,000 in 2019 to 511,000 in 2033. This is mainly <br /> 511,000 MWh because of ERMU's addition as the twelfth member to MMPA as <br /> well as the increasing RES requirements. The RES requirements are <br /> based on total retail electric sales. The calculations account for a <br /> 4.49% system loss between wholesale and retail sales. The table <br /> below summarizes the RES obligation for MMPA for the period <br /> 2019-2033. <br /> Minnesota Municipal Power Agency <br /> Projected RES Requirements <br /> Projected <br /> Wholesale RECs for <br /> Load RES <br /> Year (MWh) Obligations <br /> 2019 1,925,452 312,617 <br /> 2020 1,950,524 372,574 <br /> 2021 1,963,088 374,974 <br /> 2022 1,979,777 378,162 <br /> 2023 1,995,207 381,109 <br /> 2024 2,016,234 385,125 <br /> 2025 2,025,785 483,687 <br /> 2026 2,040,921 487,301 <br /> 2027 2,055,635 490,814 <br /> 2028 2,076,571 495,813 <br /> 2029 2,084,796 497,777 <br /> 2030 2,099,060 501,183 <br /> 2031 2,112,665 504,431 <br /> 2032 2,133,062 509,301 <br /> 2033 2,140,227 511,012 <br /> 108 <br />