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Board approves NG Resources/ENGIE resolution renewing access to consortium electricity pricing
Summary
The board approved a resolution allowing the district to continue participating in a utility consortium that contracts with ENGIE for bulk electricity purchasing; staff said rates are typically locked in each spring and the consortium runs roughly on a three‑year cycle.
The Fremont City Schools Board of Education voted to approve a resolution to continue participating in an energy consortium arrangement that uses ENGIE (under a power-sales agreement) to obtain lower electricity rates, district staff said.
A staff member explained the district participates through the Ohio Schools Council consortium; ENGIE negotiates bulk electricity rates and locks those rates for participating districts. Staff described the procurement as cyclical and said the consortium typically locks rates sometime between March and May. They also said districts repeatedly participate on a roughly three‑year cycle to maintain the negotiated pricing.
Board members moved and seconded the resolution and approved it by roll call. The motion was made by Miss Lewis and seconded by Miss Lehman; the roll call recorded Miss Lewis, Miss Lehman and Mr. Price voting yes.
The staff explanation did not include a dollar figure for expected savings or the term length the district will adopt under this specific resolution; staff said the item authorizes the district to pursue the consortium option so that staff can lock in favorable electricity pricing when the vendor secures rates this spring.
