2. Announcement At 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.
3. Acknowledgment We thank the City Council for their leadership and foresight in allowing us to pursue this important transaction.
4. 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
5. U.S. Ranking in Renewable Usage* Denton, TX Top Ten U.S. Cities Oakland, CA (17%) Sacramento/SF/San Jose, CA (12%)* Portland, OR (10%) Boston (8.6%) San Diego, CA (8%) Austin, TX (6%) Los Angeles, CA (5%) Minneapolis, MN (4.5%) Seattle, WA (3.5%) Chicago, IL (2.5%) *According to SustainLane Government data 2006/2007