According to the June 15-2011 PUC approved Wind Purchase Power Agreement between MECO and Sempra’s “Auwahi Wind Energy LLC” (AWE)

• MECO has reserved the right to NOT disclose their “avoided costs” of not burning fossil fuels
• NO mention in the agreement of passing on MECO’s energy cost savings to the rate-payers (and the tax-payers who are giving Sempra a 30% federal tax credit)
• Allows MECO owned 69 KV lines to be above ground
• For Auwahi to get the federal tax credits, it must be operational by Dec-31-2012
• There will be a battery component to even out the variable wind energy
• Auwahi has yet to select which of 3 wind turbines or which of 2 batteries it will use
• Final EIS is anticipated to be approved by November 2011
• Special Use Permit,  Special Management Area Permit, and Final Habitat Conservation Plan are anticipated to be issued by December 2011
• Incidental Take Permit is expected to be issued by January 2012
• If those permits are NOT received by March 1, 2012, Auwahi can walk away
• Purchase price for MECO is $ 0.203 / KWH, escalating at 1.5% annually
• Auwahi will be an approximately 21MW wind farm: This means that if Auwahi produces 9MW of electricity each day for 365 days, it will receive $16,000,000 annual revenue from MECO in 2013
• The purchase price does NOT vary as fuel costs fluctuate.