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1.5 ERMUSR 10-09-2018
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1.5 ERMUSR 10-09-2018
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City Government
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10/9/2018
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IMME3/4 220 South Sixth Street Suite 1300 Minneapolis, MN 55402 <br /> tel. 612.349.6868 fax. 612.349.6108 www.mmpa.org <br /> Minnesota Municipal Power Agency <br /> Minnesota Municipal Power Agency Begins Supplying Power <br /> to Elk River <br /> Elk River Municipal Utilities receiving power from MMPA beginning Oct. 1 <br /> Elk River, MN— October 1, 2018--- Elk River Municipal Utilities (ERMU) is now receiving <br /> its electric power from the Minnesota Municipal Power Agency (MMPA), an organization <br /> comprised of 12 member municipal utilities. <br /> "We've been looking forward to this day for years," said ERMU's General Manager, Troy <br /> Adams. "We're excited to join a great group of like-minded municipals, who share a similar <br /> vision of public power and pride in the power of their hometowns," he said. <br /> ERMU spent years looking at potential power supply partners. Major factors in the <br /> utility's decision included MMPA's long history of competitive rates, the fact that each MMPA <br /> member has a seat on the MMPA board of directors, and MMPA's balanced and efficient power <br /> supply portfolio. Elk River became the Agency's twelfth member in 2013. Its power supply <br /> agreement with MMPA runs through 2050. <br /> "I'm confident in Elk River's power supply future and excited about taking power from <br /> MMPA," Adams said. <br /> Derick Dahlen, president and CEO of MMPA's management partner Avant Energy said, <br /> "As a progressive and growing community, Elk River is a great fit for MMPA. Their membership <br /> is an affirmation of the Agency's ability to provide competitive rates and value to its member <br /> communities." <br /> Avant is responsible for MMPA's daily management, strategic planning, power supply <br /> planning, daily energy market operations, power plant development and operations, finance and <br /> accounting. <br /> ERMU benefits from MMPA's diversified power supply portfolio of owned and purchased <br /> generation, containing both conventional and renewable resources. The Agency's long-term <br /> approach to power supply planning allows the Agency to maintain flexibility in the rapidly- <br /> changing electric utility industry. <br /> In addition to power supply, the Elk River community benefits from additional offerings <br /> provided by MMPA, including its educational programing. Since joining the organization, nearly <br /> 2,000 Elk River community fourth-graders have participated in MMPA's Energy Education <br /> Program, where students learn about energy generation and conservation. <br /> 2 <br />
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