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County hears electric-aggregation presentation outlining multi-year buying strategy, possible short-term rate pressure
Summary
A presenter for the county's electric aggregation program updated Freestone County commissioners on a planned procurement that would buy power year-by-year beginning in 2026, showing projected ceiling and target rates, past savings from the program, and how the group will solicit bids from retail providers.
A representative of the county's aggregated electricity purchasing program briefed the Freestone County Commissioners Court on a planned procurement strategy intended to lock in annual retail electricity prices beginning in 2026.
The presenter said the aggregation group—comprised of 99 members including 46 Texas counties—has historically delivered savings versus the open market. Using the program's methodology the presenter said Freestone County saved about $100,000 against market prices since joining in 2015 and that, under the Public Utility Commission (PUC) methodology, the county's participation saved $34,625 in 2023 alone.
The presenter said the current three-year contract expires at the end of 2025 and that the group plans to shift from a multi-year fixed-price contract to an incremental, year-by-year purchase strategy for 2026 and beyond. Under that approach the group…
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