Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Energy Procurement topic
No spam. Unsubscribe anytime.
Public Power Pool briefs commissioners on electricity savings and upcoming multi-year procurement
Summary
Public Power Pool (P3) presented a report to Denton County Commissioners Court showing historical electricity savings for county accounts under its aggregation, explained limits in service territory, and previewed a flexible RFP to procure electricity for up to 10 years starting in 2026.
Public Power Pool (P3) made a presentation to Denton County Commissioners Court on a county electricity aggregation program and an upcoming request for proposals to buy electricity for deregulated accounts beginning in 2026.
David Quinn, P3's program manager, said the pooling program began for Denton County in 2002 and that P3's internal calculation shows $276,000 in cumulative savings for the county since 2002 for the accounts P3 serves. Using the Public Utility Commission's methodology (House Bill 3693 reporting), Quinn said Denton County saved about $76,000 in 2024 under that metric.
Quinn explained that P3 can only serve accounts located in ERCOT competitive territory, so many county accounts served by municipal utilities or rural electric cooperatives (for example CoServ, DME and municipally owned areas) are not eligible for the program. He told commissioners the current P3 contract expires at the end of 2025 and P3 plans a new flexible procurement that would allow incremental purchases of supply for up to 10 years, with initial ceiling rates set in the RFP but with the ability to lock lower rates if market prices fall.
Quinn said forward market curves suggested 2026 pricing near $0.0625 per kilowatt-hour at the time of the presentation and that P3's fee is $0.99 per megawatt-hour. He described the presentation as informational; no action was requested or taken by the court on the item.
Why it matters: The presentation outlined a procurement approach that could let participating county accounts lock multi-year supply at favorable prices if market conditions permit. However, most county accounts are not in competitive territory and are therefore unaffected by the program unless territorial arrangements change.
No vote was recorded; county staff thanked P3 and indicated the item was a presentation only.
