Delaware County approves 36-month partial price lock with FreePoint Energy; capacity charges drive roughly $346,000 increase

The Delaware County Board of Commissioners on April 28 approved a customer supply agreement with FreePoint Energy Solutions for electrical generation that locks part of the county's supply at fixed prices for 36 months, county finance staff said.

Justin Nobby, Delaware County director of finance, told commissioners the county worked with consultants to structure three contracts with FreePoint covering different groups of accounts and consumption levels. "We're projecting about a 15.5% increase, even with this bid process. So that equals about $346,000 going into the renewal period," Nobby said.

The contracts are structured in three parts: a contract covering the county's largest utility accounts — which Nobby said account for roughly 90% of the county's electric consumption, and…