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6.1.B ERMUSR 06-09-2020UTILITIES COMMISSION MEETING TO:FROM: ERMU Commission Theresa Slominski –Interim General Manager MEETING DATE: AGENDA ITEM NUMBER: June 9, 2020 6.1b SUBJECT: Staff Update ACTION REQUESTED: None DISCUSSION: Minnesota Municipal Power Agency’s (MMPA)monthlymeetingwas held Tuesday, May 26, via WebEx. The summary points of the meeting are: o The Board discussed the coronavirus pandemic and its effect on energy consumption levels and prices. o The Board discussed the status of the renewable projects the Agency is pursuing. o Participation in MMPA’s residential Clean Energy Choice program increased over April, with another 61 new customers signing up for the program. Customer penetration of MMPA’s Clean Energy Choice program for residential customers increased to 3.6%. I will be virtually attending the American Public Power Association conference June 8- 10. The annual business meeting is immediately before our commission meeting from 2:00-3:15. All staff are back to work, with two exceptions. We are exercising safety as per CDC guidelines and staff are being very careful with social distancing and hygiene. There have been a few questions and concerns voiced and we have responded. We plan on opening to the public when the City is also ready to do so, likely a few weeks yet. Midcontinent Independent System Operator’s Return on Equity percentage has been changed again with Opinion 569A issued by the Federal Energy Regulation Committee on May 21, 2020. It is now being increased slightly from 9.88% to 10.02% (previously it was reduced from 12.38% to 9.88%). The refunds that are being calculated will now be slightly less. Previous estimates for the refunds were approximately $7,000 or less per year, for 2016 -2019. ______________________________________________________________________________ Page 1 of 1 136