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Council to consider electricity aggregation resolution; Stone River Group named broker
Summary
Council members discussed a resolution authorizing a service agreement to aggregate electricity purchases for residential and small commercial customers who do not opt out. Staff said Stone River Group would act as broker and may select the supplier when market rates are favorable; the item was placed on the regular agenda.
On Jan. 14, 2025 the Lincoln Committee of the Whole discussed a resolution authorizing the execution of a service agreement that would allow the city to aggregate electricity purchases for residential customers and small commercial retail customers who do not opt out.
City staff member Mr. Hovlett described the measure…
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