Ok, cool I get the humor. Perhaps I should clarify. I'm in a position in which I can work with my peers, other city councilmen, to set rates in our city. I sincerely would like to put our city on the map as a city of innovation. In that I think offering incentives to the future mining companies would be one way to do that.  

To answer your questions, the electricity would not be free or set below our wholesale rate. So nobody would be paying for it. The price would still need to be profitable for us which is the reason why I posed the question in the first place. If an attractive rate is above our wholesale cost then I will proceed with meetings to determine what legislation we could pass to offer special mining pricing.

Where are you located? I don't need specific, just the general area. I'm asking because the rates differ so much around the world that something that in your area might be below wholesale rates is something normal in another. For me electricity below 0.15€/kWh is something normal, anything hard below that would be cheap and above that expensive. If my rates fell to 0.1€ I might consider mining, especially that I live in a house and could use miners as heaters

Located in Mesa, Arizona.

you have a good idea, you should consult your ideas to the developers and experienced team there, could be a good opportunity ICO.

To answer your questions, the electricity would not be free or set below our wholesale rate.Where are you located? I don't need specific, just the general area All I can say is they need to be very, very low. someone just informed me how much it costs to mine Bitcoin, not only for them but everyone combined. It is a staggeringly higher number.