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4.1 ERMUSR 08-08-2023______________________________________________________________________________ Page 1 of 1 UTILITIES COMMISSION MEETING TO: ERMU Commission FROM: Tony Mauren – Governance & Communications Manager MEETING DATE: August 8, 2023 AGENDA ITEM NUMBER: 4.1 SUBJECT: Policy Review – G.2 – Commission Purpose ACTION REQUESTED: Review the policy and provide any feedback. BACKGROUND/DISCUSSION: This month commissioners are reviewing policy G.2 – Commission Purpose to make comments, ask questions, or recommend updates. This is the first in the Governance Policies section of the manual. With this policy the Commission commits to prioritizing its obligations to ERMU’s owners and other stakeholders in governing decisions. The Commission’s principal purpose is to ensure ERMU achieves objectives listed in section G.5 – Results Policies, while avoiding unacceptable actions and situations. ATTACHMENTS: • ERMU Policy – G.2 – Commission Purpose 47 ______________________________________________________________________________ Page 1 of 1 COMMISSION POLICY Section: Category: Governance Governance Policies Policy Reference: Policy Title: G.2 Commission Purpose PURPOSE: With this policy, the Commission commits that it will govern as a body that understands its obligations to the owners and other stakeholders of the ERMU electric and water utility enterprises. POLICY: The Commission’s principal purpose is to ensure that ERMU achieves appropriate results (See Results Policies) for its owners, customers, employees, and other stakeholders at an appropriate cost, while avoiding unacceptable actions and situations. POLICY HISTORY: Adopted May 9, 2017 48