Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Narberth reviews electricity supply options with IGS Energy as contract nears expiry
Summary
At a work session April 3, the Narberth Borough Council heard a presentation from Graham Lou of IGS Energy about options for the borough’s electricity supply contract, which Lou said runs through December 2025.
At a work session April 3, the Narberth Borough Council heard a presentation from Graham Lou of IGS Energy about options for the borough’s electricity supply contract, which Lou said runs through December 2025.
The presentation outlined contract-length options ranging from 12 to 54 months, compared IGS pricing to the PECO default supply rate, and described market forces—especially rising PJM capacity costs—that could push supply bills higher this summer. "When we go out to lock in our rate, there are several cost components that make up a kilowatt hour rate," Lou said, adding that energy typically represents about 65% of the supply cost while a reliability or "capacity" component has risen…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
