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Worthington renews electric aggregation framework; staff recommends 12‑month supply contract with 100% RECs amid rising capacity costs
Summary
Council approved a resolution authorizing staff to pursue a renewal of the city’s electric aggregation supply agreement with 100% renewable energy certificates for a 12‑month term; consultant told council wholesale capacity prices have surged and recommended a short contract to preserve flexibility.
Worthington City Council voted March 17 to authorize renewal of the city’s electric aggregation program and allow staff to execute a supply agreement consistent with the criteria in the resolution, including a 12‑month term and 100% renewable energy certificates (RECs).
City Manager Stewart introduced an Energy Alliances consultant who briefed council on market conditions and recommended a 12‑month contract because capacity auction prices — the wholesale signal that pays for guaranteed generation capacity…
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