As the Joint Action Agency for Massachusetts municipal utilities, MMWEC strives to meet the collective needs of its Member and Project Participant utilities. It does this by providing a variety of wholesale power supply, financial and other services. Working with MMWEC enables municipal utilities to meet their common service needs with greater efficiency and economy, thereby improving their competitive positions and ability to provide service to their customers at the lowest possible cost. Of the 40 municipal utilities in Massachusetts, 22 are Members of MMWEC and 28 are MMWEC Project Participants.

Services
The programs and services offered by MMWEC are structured to meet the specific needs of municipal utilities. As the needs of municipal utilities change, so do the services offered by MMWEC. Generally, MMWEC provides numerous power supply services, including power supply forecasting and planning, project and contract development, power supply and demand management, and a range of services facilitating municipal utility participation in wholesale power markets. MMWEC also provides a variety of financial services, including bond issuance, money management, treasury, accounting and budgeting services. Other services include engineering and project operations, risk management, information systems and business services. In addition, MMWEC is an advocate for municipal utility interests in the development of New England’s electricity marketplace, as well as in a variety of regulatory, legislative and judicial forums.

Power Supply Projects
MMWEC has issued tax-exempt revenue bonds to finance its ownership interests in five electric generating units: the Stony Brook Intermediate Unit, the Stony Brook Peaking Unit, Seabrook Station, Millstone Unit No. 3, and W.F. Wyman Unit No. 4. MMWEC operates the Stony Brook units, which along with MMWEC’s corporate headquarters are located in Ludlow, MA. The power produced by these units is resold to MMWEC’s Project Participant utilities through Power Sales Agreements that obligate the utilities to pay costs associated with MMWEC’s ownership interests, including the interest and principal payments on MMWEC bonds. In addition to the bond-financed Power Supply Projects, MMWEC negotiates contracts and makes other arrangements to meet the bulk power requirements of its Member and Project Participant utilities.

Governance
MMWEC is governed by a 12-member Board of Directors. Seven of the directors are managers or commissioners of MMWEC Member utilities elected by the membership. Two directors are appointed by the governor of Massachusetts and serve at the pleasure of the governor. Three representatives are appointed by the governing bodies of the towns of Hampden, Ludlow and Wilbraham to vote on matters affecting their respective towns.

Staff
MMWEC has a staff of approximately 88 people, including 32 assigned solely to operation of the Stony Brook units. MMWEC’s administrative staff has extensive experience and expertise in a variety of professional disciplines, including power supply management, power plant operations, engineering, financial management, economic analysis, information systems and communications.