AGENDA CAPTION:
Title
Consider approval of Resolution 2018-42R, approving and authorizing the City Manager to execute a wholesale electric power purchase agreement with AEP Energy Partners, Inc. to supply wind energy to the San Marcos Electric Utility; declaring the agreement to be a competitive matter of the San Marcos Electric Utility under Section 552.133 of the Texas Government Code; and declaring an effective date.
Body
Meeting date: 3/20/2018
Department: Public Services-Electric Utility (Tom Taggart-Exec. Director)
Amount & Source of Funding
Funds Required: Competitive Power Exemption
Account Number: Click or tap here to enter text.
Funds Available: Click or tap here to enter text.
Account Name: Click or tap here to enter text.
Fiscal Note:
Prior Council Action: Previous PPA for CSO with various providers
City Council Goal: [Please select goal from dropdown menu below]
Goal # 7 Maintain Fiscal Responsibility
Goal #8 Provide efficient & effective delivery of services
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Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
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☐ Environment & Resource Protection - Choose an item.
☐ Land Use - Choose an item.
☐ Neighborhoods & Housing - Choose an item.
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☒ Not Applicable
Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
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Background Information:
This PPA will provide electric power to the San Marcos Electric Utility from a wind energy source owned by AEPEP.
Council Committee, Board/Commission Action:
N/A
Alternatives:
Other PPA options exist but at other terms, prices, and sources
Recommendation:
Approve the PPA contract agreement