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Fort Collins Lowers Wind Premium by 60%

June 2004 - Fort Collins Utilities has lowered the premium charged for its Wind Power Program to 1.0¢/kWh from 2.5¢/kWh. The lower premium, guaranteed for 2004 and 2005, resulted from a decision to purchase wind energy certificates from the new, 144-MW Pleasant Valley Wind Energy Facility located in southwest Wyoming. The utility is purchasing about 5% of the project output.

Fort Collins customers can choose to buy $5 or $10 blocks of wind energy, or have their total energy use supplied with wind—the average residential customer would pay an extra $7 per month to meet their entire electricity needs with wind energy. In 2003, the Fort Collins City Council approved a goal to increase the City's percentage energy contribution from renewable energy sources (in addition to existing large hydro) to 2% by the end of 2004 and to 15% by the year 2017.

News Release - Wind Power Program Expands, Price Drops

News Article - Wind power now more affordable - No longer online at coloradoan.com

More Information - Fort Collins Electric Energy Supply Policy

Fort Collins Contact: Lori Clements-Grote (970) 221-6700



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