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Finance committee approves multiple procurement actions including three‑year electricity rate lock and ice‑plant maintenance increase
Summary
Warwick's Finance Committee recommended approval of several bid awards and contract adjustments, including a proposed three‑year rate lock with Constellation Energy and a $105,000 increase for maintenance at the Thayer Warburton Ice Plant.
The Warwick City Finance Committee voted to recommend approval of a slate of municipal procurement actions that included an electricity supplier rate lock, a maintenance increase at the Thayer Warburton Ice Plant and awards for building‑system services.
Electricity supplier: City Treasurer Lynn Prodger told the committee she was asking for approval to renew the city’s contract with Constellation Energy and to lock a rate now to avoid higher market prices next year. "I'm projecting about $72,000. The kilowatt rate that we pay now is $11.74," Prodger said. She reported a recent quote dropped from $11.16 to $10.94 and said locking a…
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