Cc Power Purchase Agreement 04212009

THE “GREENING” OF OUR COMMUNITY

Mike GrimExecutive Manager – DME Power Supply

AnnouncementAt the direction of the City Council, Denton Municipal Electric is pleased to announce that it has successfully negotiated and executed a multi-year agreement with NextEra Energy Power Marketing, LLC to purchase up to 60 MWs of renewable energy for our customers.

This amount of renewable energy constitutes greater than 40% of DME’s energy portfolio on a calendar year basis.

Acknowledgment

We thank the City Council for their leadership and foresight in allowing us to pursue this important transaction.

State Ranking in Renewable Usage*Denton’s percentage of renewable energy has now achieved the #1 ranking, among those Texas cities served by a public power utility.

This ranking includes the cities of Austin and San Antonio. * According to the Texas Public Power Association

U.S. Ranking in Renewable Usage*Top Ten U.S. Cities1. Oakland, CA (17%)2. Sacramento/SF/San Jose, CA (12%)*3. Portland, OR (10%)4. Boston (8.6%)5. San Diego, CA (8%)6. Austin, TX (6%)7. Los Angeles, CA (5%)8. Minneapolis, MN (4.5%)9. Seattle, WA (3.5%)10. Chicago, IL (2.5%)

*According to SustainLane Government data 2006/2007

Denton, TX

BackgroundLocation: Wolf Ridge Wind Farm (northwest

of Muenster, Texas) – 75 turbines @ 1.5 MWs Counterparty: NextEra Energy Power

Marketing, LLC. - Largest renewable energy generator in the

U.S.- Owns and operates world’s largest solar

facility- Leading producer of hydroelectric power- NextEra will deposit payments made from

DME into EarthEra Renewable Energy Trust

- Directs 100% of all funds toward the development and construction of renewable energy facilities.

Size and Scale

What’s In It For Denton?• Competitively priced renewable energy• All Denton citizens, businesses and

educational facilities will Be “Going Green” whenever they use electricity

• Provides new, existing and relocating industrials, commercial and educational facilities the ability to “Go Green”

• Economic development opportunities• “Green City” grant opportunities• “Braggin’ Rights” – We’ve done in 2009 what

others say they’ll accomplish by 2020• Regional, State and National Leadership

All citizens of Denton should take great pride in what we have achieved as a community the day before Earth Day. . . .

So Let’s . . .CELEBRATE OUR

SUCCESS AS A CITY!

Cc Power Purchase Agreement 04212009

Business

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