MPU has recently completed a five year Strategic Plan! The 2019 - 2023 plan builds upon the successes of prior plans with continued focus on reliability, organizational development, fiscal responsibility, stakeholder relationships, adoption of new technologies as appropriate and monitoring key industry changes. In addition, this plan is designed to proactively identify and address the challenges and opportunities of the utility industry trends so that MPU will be the community owned trusted advisor to our customers and stakeholders.
The mission of this strategic plan being the trusted advisor of our customers and stakeholders is a reflection of MPU's on-going commitment of being a Community Owned and Customer Focused utilities service provider. The plan includes five overarching goals that will enable MPU to achieve its vision. The plan focuses both internally and externally, and the goals lay out a comprehensive strategy to adjust to industry changes while enhancing customer service. The synergy between the goals and initiatives will ensure that existing work is prioritized while identifying projects that will achieve the vision.
We invite you to read our 2019 - 2023 Strategic Plan by clicking here.
Did You Know?
Manitowoc Public Utilities (MPU) customers will notice lower electric bills in the coming months between 2.0 and 4.5% depending on customer energy usage. The reduction is the result of multiple factors: continued low natural gas prices; investor-owned power suppliers having their corporate tax rate decrease from 35 percent to 21 percent and lower energy prices in the market. This is the 4th consecutive electric rate decrease.
“As a municipally-owned utility, MPU is exempt from state and federal income taxes.” explained MPU CEO and General Manager Nilaksh Kothari. “MPU purchases a portion of the overall power supply portfolio through agreement with Great Lakes Utilities – a municipal electric company in WI with 12 municipal electric utilities as its members. The savings from the tax rate changes are flowing through as lower purchased power costs from Great Lakes Utilities.”
Click here to learn more about this rate reduction!