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Marietta BLW recommends MEAG power agreement; hears electric marketing plan and water authority financial updates
Summary
The Marietta Board of Lights and Water on Aug. 11 voted unanimously to recommend that City Council approve an annual power subscription agreement with the Municipal Electric Authority of Georgia and received presentations on electric marketing, prospective data-center load and water authority finances.
The Marietta Board of Lights and Water on Aug. 11 voted unanimously to recommend that the City Council approve and execute an annual power subscription agreement with the Municipal Electric Authority of Georgia (MEAG) and received reports on electric marketing, anticipated data-center load growth, and water authority finances and capital projects.
The MEAG recommendation was presented as a board motion to authorize MEAG to sell the utility’s excess capacity; board members voted 7-0 to approve the recommendation and forward the agreement to City Council. The general manager described the package as an annual subscription that would allow MEAG to sell 60,313 kW of the city’s capacity and included per-kilowatt figures as stated in the meeting record; the board voted to recommend approval and execution of the attached agreement.
The board’s action matters because MEAG markets excess capacity and manages supplemental supply arrangements that affect how the utility meets peak demand and generates non-rate revenue. The recommendation now goes to City Council for final approval.
Board heard marketing and load forecasts
A BLW marketing presenter summarized the utility’s strategic and competitive position, saying Marietta’s residential…
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