Energy Choices for Minneapolis
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Transcript of Energy Choices for Minneapolis
$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
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
$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
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
•No taxes
•No shareholders
•Low overhead
•Common interest
Municipal utilities have:
We need
•Clean energy
•Reliable energy
•Affordable energy
•Local energy
A ballot measure authorizing a
municipal utilityWith strong
requirements for:
It Gives Us a Chance For
• Simple, on-bill financing for energy
• Intensive neighborhood efficiency retrofits
• More local clean energy production
Choose Now
Renew (status quo)
Negotiate
Municipalize
Sign up here: http://minneapolisenergyoptions.org/join-us/