Southern Minnesota Municipal Power Agency (SMMPA), a wholesale power supplier for 18 municipal utilities in southern Minnesota, announced that it has lowered the price of its Wind Power product from $2.90 per 100-kWh block to $1.00 per block, or a premium of 1¢/kWh. Residential and business customers can purchase the product through SMMPA member utilities.
SMMPA was able to lower the price because the cost of power from its two new 950-kW wind turbines is less than originally expected. According to the agency, the lower costs have resulted from a combination of strong winds, the efficiency of the turbines, and the ability to avoid costly transmission charges and losses by siting the turbines close to the distribution lines of Fairmont Public Utilities, which is a SMMPA member.
Update: SMMPA canceled this program 12/09, the program accomplished its goal and added more than 13% green power to the agency's portfolio.
News Release - SMMPA's Wind Power Price Among Five Lowest In The U.S.
SMMPA Contact: Dan Hayes, 507-285-0478