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MGE ISSUES. ENERGY 2015. MGE’s plan to meet the energy needs of our customers Solicit customer input Community Energy Conversations. ENERGY 2015 (cont’d). Start with Conservation MGE programs saved 100 KW Power Tomorrow
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ENERGY 2015 • MGE’s plan to meet the energy needs of our customers • Solicit customer input • Community Energy Conversations
ENERGY 2015 (cont’d) • Start with Conservation • MGE programs saved 100 KW • Power Tomorrow • Discontinue burning coal at Blount Plant after 2011; Retirement of older units • West Campus Cogeneration Facility to provide local generation
ENERGY 2015 (cont’d) • Power The Future • 50 MW in 2009; 50 MW in 2010 • Renewables • State Renewable Portfolio Standard • Green Energy • History • Market • Program Expansion • Triple the program - 1¢ Kwh
ENERGY 2015 (cont’d) • 3 Wind Projects • Building 30 MW wind farm – north central Iowa • Purchase power agreement for additional 30 MW • Invenergy project – 16.5 MW • Why Iowa? • Why Now? • Solar • Demonstration Projects • Buy back rate for PV systems- 25¢ Kwh
ENERGY 2015 (cont’d) • Diversity of Fuels
RATE CASE • Requested increase of 3.7% for natural gas rates and 5.7% for electric rates • Drivers • Infrastructure costs (PTF plant and wind – 3.4%) • Transmission improvements - .9% • Other • Cost Controls • Hold line O&M costs • Hedging – reduce volatility and cost
ELECTRIC RELIABILITY • North American Electric Reliability Corporation Audit • EEI Statistics