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3.0 ERMUSR 07-08-2009
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3.0 ERMUSR 07-08-2009
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City Government
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ERMUSR
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7/8/2009
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generation facilities and purchases some of their energy from Great River Energy. Through <br /> CMMPA, Willmar Municipal Utilities will be participating in the BSII for a 30MW share. <br /> '',, Because Willmar Municipal Utilities was involved earlier in the process, their financial situation <br /> is not identical, but very similar. Bruce Gomm the General Manager of Willmar Municipal <br /> Utilities has offered to speak at the Commission Meeting to discuss how Willmar came to terms <br /> with the risks involved in the decision to participate in BSII. <br /> As a supplemental update, the Connexus Energy will be meeting with Great River Energy on <br /> July 7th to discuss their potential involvement in the scenarios of providing an all requirements <br /> purchase power contract with ERMU, a partial requirements purchase power contract with <br /> ERMU, or the acquisition of the electric utility. I hope to be able to provide a verbal update at <br /> the Commission meeting. Also, CMMPA has expressed interest in providing a similar contract <br /> for ERMU. A proposal from CMMPA is included for Commission review. Southern Minnesota <br /> Municipal Power Agency (SMMPA) has also expressed interest in providing energy for ERMU <br /> through an all requirements type contract. There may also be an option for a partial requirements <br /> contract with SMMPA. <br /> The decision regarding ERMU's participation in BSII has had an extremely tight time schedule <br /> which in no way has been ideal. However, the project continues to warrant merit of <br /> consideration. Ultimately the decision will be rooted in the Commission's long term vision for <br /> the Utilities and comfort with the assessed risks. <br />
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