Takoma Power reaffirms SliceBlock as optimal energy product in new contract analysis

In the heart of Tacoma's city hall, a pivotal discussion unfolded as Tacoma Power representatives gathered to evaluate their energy procurement strategy. The focus was clear: selecting the best product to meet the city's future energy needs while minimizing risk and cost.

Rachel, a key speaker at the meeting, presented a thorough analysis of the Bonneville Power Administration (BPA) products available for the upcoming contract. Since 2015, Tacoma Power has consistently revisited this crucial decision, and each analysis has pointed to the same conclusion: the Slice Block product remains the most advantageous option.

The Slice Block product is composed of two main components. The first is a fixed block of energy that provides a consistent monthly supply, ensuring reliability for Tacoma's residents. The second component, known as the slice, offers a variable share of the federal power system, adapting to changing conditions and demands. This dual structure allows Tacoma Power to operate flexibly while managing the complexities of energy supply.

Rachel emphasized the importance of this product in navigating the uncertainties of future customer growth and consumption patterns. With the rise of electrification and evolving energy demands, the Slice Block product stands out as the best choice to ensure Tacoma Power can meet its customers' needs effectively. Not only does it provide the necessary flexibility, but it also comes at the lowest cost compared to other options.

The familiarity Tacoma Power has with the Slice Block product further strengthens its case. Having already implemented this solution, the team is well-equipped to manage its operations, reducing the need for extensive negotiations with BPA regarding implementation details.

As the meeting concluded, it was clear that Tacoma Power is poised to make a strategic decision that aligns with both fiscal responsibility and the evolving energy landscape. The commitment to the Slice Block product reflects a proactive approach to ensuring a reliable and cost-effective energy future for the residents of Tacoma.