Photo credit: John Farrell

Minneapolis Energy Options

Energy can make us feel powerless

Energy can make us feel powerless

Others are in control

$0

$0.03

$0.06

$0.08

$0.11

2000 2002 2004 2006 2008 2010

Residential revenue per kWh (Xcel 10-K)

Rising Rates

We face rising costs

m

$il l ion

450

Most of what we spend every year on electricity and gas

leaves town

4.2 billion kilowatt-hours

0%

<1%And little of our

clean energy comes from local sources

But we’re at a crossroads

The city’s contract with

our energy companies is

up for renewal

“Franchise” provides $23 million to general fund out of $450 million per year in energy sales

20years

For the first time in

Other communities have chosen a cleaner future

$0

$0.25

$0.50

$0.75

$1.00

1992 1994 1996 1998 2000 2002 2004 2006 2008 2010

High Stakes

Cost per kilowatt-hour (kWh)

Fa ling Pri es

l

c

A lot changes in 20 years

Economic Impact of Energy Ownership

Absentee

Local 3.4x (max)

High Stakes

There’s a huge opportunity to keep energy dollars local

•Clean energy

•Reliable energy

•Affordable energy

•Local energy

Campaign Goals

Coalition

Prospect Park

What are the options?

Renew (status quo)

Negotiate

Do it ourselves

What if?

Renew (status quo)

Negotiate

✔Gas & Electric?

Do it ourselves

2005 2020 2035 2050

http://www.flickr.com/photos/albaum/2570901839/sizes/l/in/photostream/

-90%

Municipal utilitySacramento, CA

greenhouse gas emissions

SMUD serves 2x more customers than Minneapolis

http://www.flickr.com/photos/albaum/2570901839/sizes/l/in/photostream/

100 MW of solar

Municipal utilitySacramento, CA

Minneapolis has 1 MW

230 MWof wind

http://www.flickr.com/photos/mwestcalifornia/218854880/sizes/l/in/photostream/

Municipal utilitySacramento, CA

Minneapolis has 0 MW

Reliable Energy

What kind of utility is more reliable, on average?

A.Investor-ownedB.MunicipalC.About the same

Reliable EnergyYear IOU Public

Power

1997 132 65

1999 191 65

2000 125 43

average outage minutes, lower is better

What kind of utility is more reliable, on average?

A.Investor-ownedB.MunicipalC.About the same

Reliable Energy

1 in 7Americans

Los Angeles

San Antonio

Austin

Rochester, MN

Moorhead, MN

get electricity from a municipal utility

Affordable Energy

AAA

BBB+

Bond rating

This means the city borrows money for less interest

v.

Affordable Energy

•No taxes

•No shareholders

•Low overhead

•Common interest

Municipal utilities have:

0

25

50

75

100

Water and Trash/Recycling

88%Happy Energy

CustomerSatisfaction

Gas & Electric?

Gas & Electric?

Maybe not.

But we can’t do this

Renew (status quo)

Negotiate

Do it ourselves

Without an option for this

Renew (status quo)

Negotiate

Do it ourselvesGas & Electric?

We need

•Clean energy

•Reliable energy

•Affordable energy

•Local energy

A ballot measure authorizing a

municipal utilityWith strong

requirements for:

LEVERAGE

Because that gives the city

It Gives Us a Chance For

• Simple, on-bill financing for energy

• Intensive neighborhood efficiency retrofits

• More local clean energy production

And it gives us a choice

Renew (status quo)

Negotiate

?

?

? Do it ourselvesGas & Electric?

Choose Now

Renew (status quo)

Negotiate

Municipalize

Sign up here: http://minneapolisenergyoptions.org/join-us/

MinneapolisEnergyOptions.org