Manager recommends fixed-with-capacity pass-through energy contract

The authority manager told the board the current energy supplier Freeport has offered two 48-month options: a fixed all-inclusive rate and a fixed rate with capacity pass-through. He advised the board that "the fixed with the capacity pass through is the better of the 2 choices" because it isolates the authority to pay only the energy portion while capacity charges would be passed through at market rates tied to the five hottest days of the year.