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County hears update on gas and electric aggregation; suppliers, capacity charges and timing discussed
Summary
County heard an energy-aggregation update: suppliers report capacity-driven electric price pressures through 2027 while natural gas prices recently eased; a supplier offered a short-term gas lock at about $3.99 per unit through March and said it could provide price quotes without a signed long-term agreement.
County officials heard a briefing on electricity and natural gas aggregation and discussed market factors, proposed lock rates and next steps for the county’s procurement strategy.
Market context: A supplier representative told commissioners that PG&E/PJM capacity charges and other transmission and capacity factors are driving higher electric costs through May 2027 and that electric market capacity costs remain a key…
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