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Springdale council OKs renewal of city electric aggregation after consultant outlines savings and safeguards
Summary
Council authorized the city administrator to sign a master service agreement for the City of Springdale Electric Aggregation Program after Energy Alliances presented competitive rates, projections of resident savings and consumer-protection guidance.
Springdale — The Springdale City Council voted unanimously May 21 to authorize the city administrator to enter into a master service agreement to continue the city's electric aggregation program, after a detailed presentation from consultant Energy Alliances Inc. and a series of questions about opt-in/opt-out mechanics and protections for seniors.
The council's action, passed 6-0, gives the administrator authority to contract with the electric supplier recommended by Energy Alliances to supply electricity for the city's opt-out aggregation program. Energy Alliances told council it has been pricing supply for the city and urged the city to grant authority so staff can execute a supplier agreement when market prices are favorable.
Why it matters: The aggregation program pools the city's retail electric load to obtain supply prices lower than the default utility rate, producing direct monthly savings for enrolled households. With energy costs…
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