SMEPASouthwest Mississippi Electric Power Association
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Income levels in much of the area served by the SMEPA members remain below the state average.
SMEPA purchased nearly 69% of energy needs in 2011, including 33% from MPC.
More than 900 megawatts of capacity will be added by these 2 investments and is also expected to meet SMEPA s long-term needs.
Under the second, Aquila and SMEPA will terminate a contract under which Aquila sold to SMEPA the power it purchased from LSP Energy.
In consideration of this restructuring, SMEPA will pay Aquila $16.
Beginning June 1, 2001, Aquila Energy will provide the natural gas to run the unit and will market excess power not scheduled by SMEPA.
The parties will also be entering into an agreement for the joint development of the exploration lands in the Enpro, Sugar Creek and SMEPA gas fields in Kentucky under which ARI will have the right to earn 50 percent of the remaining undeveloped acreage.