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DESIGNED WITH THE FUTURE IN MIND <br /> A LETTER FROM THE GENERAL MANAGER <br /> For decades, Elk River Municipal Utilities(ERMU) had received wholesale power from Great River Energy(GRE) <br /> through a contract with one of their member cooperative utilities. In September 2008, ERMU was given a ten year <br /> notice of termination of that power contract. In that action,our community was presented with both an inevitable <br /> change and opportunity. <br /> Just like the electricity and water which ERMU supplies to our community, life continues to flow and ERMU began <br /> the process to find a new power provider.After careful consideration,the ERMU Commission entered into an <br /> agreement with the Minnesota MunicipaL Power Agency(MMPA)to become their twelfth member city.We joined <br /> cities with similar interests that share information and work toward a greater collective good.We joined an agency <br /> as an owner, rather than a renter.We joined an agency with a modern, efficient, green, and flexible generation <br /> fleet that has zero power being generated from coal.We joined an agency in which,for the first time,we have <br /> local representation and a say in our future.We joined an agency with lower wholesale power costs.We joined an <br /> agency well positioned for the future. <br /> On October 1, 2018, the operation transition was made and our community first received power from MMPA. <br /> Our community was now receiving power from something of which we are a member owner, for which we have <br /> local control, and which has positioned us for historic action by <br /> the ERMU Commission to LOWER ELECTRIC RATES for 2019. <br /> IMMIF)A <br /> Change is opportunity.The next chapter in our story has begun. <br /> ERMU is owned by those we service.We are PUBLIC POWER <br /> and WATER, and are proud to serve our community. Minnesota Municipal Power Agency <br /> - Troy Adams, P.E., General Manager <br /> HOW POWER <br /> GETS TO YOUR HOME <br /> MMPA's Power Supply SINN <br /> O NATURAL GAS 0 � I 0 <br /> © SOLAR TECHNOLOGY — MMPAsupplies ERMU delivers power HOME <br /> to residential and <br /> power to ERMU. business customers <br /> © WIND TECHNOLOGY <br /> Q BIO ENERGY ❑ ❑ <br /> • POWER PURCHASES — <br /> I " <br /> BUSINESS <br /> Content provided by MMPA <br /> 75 <br />