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Manager urges council to consider new energy contracts for borough accounts to lower streetlight costs
Summary
Manager presented bids from energy suppliers and recommended moving away from the current provider; he cited the borough's streetlight accounts are on a residential rate (0.0919) that costs about $48,000 per year and described proposals including a 12–48 month pricing option that could reduce annual spending.
Borough Manager summarized a review of the borough’s electricity accounts and supplier bids and asked council to consider authorizing a shorter-term contract to reduce streetlight costs.
Manager said the borough’s street-light accounts are currently “lined up for 0.0919,” which he estimated “cost us about $48,000 a year.” He said the borough solicited proposals from five suppliers; examples quoted in the meeting…
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