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Poughkeepsie approves nonbinding MOU to seek community energy contract with 50% New York renewable default

4015378 · February 4, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Common Council approved a nonbinding memorandum of understanding allowing the city's consultant to solicit supplier bids for a community choice aggregation (CCA) electricity contract and set the municipality's default product at a 50% New York renewable blend; final award remains contingent on returned pricing.

The Poughkeepsie Common Council on Feb. 5 approved a nonbinding memorandum of understanding (MOU) authorizing the city's CCA consultant to solicit supplier bids and establishing a 50% New York renewable supply as the city's default product.

The action follows a presentation by Glenn Monberg of Jewel Community Power, who outlined the CCA process, the January RFP, and indicative pricing. Monberg said the MOU is a "preapproval of certain pricing benchmarks or caps" and is not binding: the city can decline to proceed if returned bids fail to meet the benchmarks when final pricing is received on Feb. 19.

Why it matters: the CCA program lets municipalities select a default energy supplier and offer fixed-rate options to residential and small-business customers as an alternative to Central Hudson's variable basic service. Councilors cited competing goals: lowering bills for…

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