5.2l ERMU 12-12-20232024 CIP Operating Budget
lRequired Spending and Savings Goals per State of MN
Total Spending Level 1.5% of GOR
Low Income Requirement .2% of Residential GOR
Energy Savings Goal (kWh)
Possible Distributed Renewable Generation Funds
Possible Research and Development Funds
jProposed CIP Budget 2024
Direct Labor
General & Administration
Advertising (Marketing)
Equipment
Contract (Includes $34,219 MN PUC Assessme
ERMU Rebates
$ 634,500
$ 28,720
4,994,857
$ 8,000
$ 18,000
$
143,822
$
182,965
$
51,235
$
35,000
Total $
413,022
$
221,478
Total all Expenses and Rebates $ 634,500
Total Estimated kWh Savings 4,994,857
Total Operating CIP Budget No Rebates Only Direct Costs
Total Rebate Budget
Direct Labor $ 143,822
General & Administration $ 182,965
Advertising (Marketing) $ 51,235
Contract (Includes $34,219 MN PUC Assessment) $ 35,000
Total ERMU Operating Expenses $ 413,022
ERMU Self Funded (spend is dependant on kWh savings) 221,478
Total Requested Budget
Direct Labor $ 143,822
General & Administrations $ 182,965
Advertising (Marketing) $ 51,235
Contract (Includes MN PUC Assessment) $ 35,000
ERMU Self Funded Rebates $ 221,478
Total Requested 2024 Budget $ 634,500
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