The industry specialists at CMPAS conduct portfolio development activities that include load forecasting, resource planning, risk analysis, and procurement. If the forecasting, planning, and analysis indicate a need, CMPAS begins the process to procure projects and/or joint purchases.
Development costs are relatively the same whether the project is large or small. By joining CMPAS, municipal utilities can share costs for staff expertise and for the development, management, and administration of projects and benefit from CMPAS's ability to create economies of scale and leverage purchasing power by aggregating needs.
CMPAS recovers portfolio development costs through membership dues and project subscriptions. Members remain autonomous and in control of their wholesale rate structure as they only pay for the projects they need. For every upstream contract procured, CMPAS holds an equivalent aggregated downstream contract and assigns contract costs to project participants by their specific subscription quantity. Since the procurement level must match the sum of subscriptions, CMPAS’s net power supply position remains zero as it passes through costs to participants directly. In this way, CMPAS can develop and procure projects without impacting the wholesale rate structure of non-participating members.