Review Agenda Item
Meeting Date: 2/7/2023 - 6:30 PM
Category: Finance - Board Liaison, Darren Mariano
Type: Action
Subject: 4.4 AIU Western PA Electric Consortium Committee-Direct Energy Business for Power Supply Coordination Services
:
Enclosure
File Attachment:
Summary: The Superintendent recommends, and I so move, that the Board approve a three-year contract extension with Direct Energy Business for Power Supply Coordination Services (PSC Services) and electric supply with a start date in January 2024. The contract will set a price for Fixed Adders (capacity, transmission, renewable portfolio standards. Wholesale electricity purchases subsequently will be made and matched with the Fixed Adder to provide a final price.
Funding: General Fund
Recommendation for the Board Action: For Board approval.
Approvals:
Recommended By:
Signed By:
Patricia Connolly - Director of Finance & Operations
Signed By:
Johannah Vanatta - Superintendent
Vote Results: