Price council approves two power sales contracts with Utah Associated Municipal Power Systems

The Price City Council approved two resolutions Nov. 26 authorizing power sales contracts with Utah Associated Municipal Power Systems.

Staff member Nick (S2) briefed the council on the first item, Resolution 2024-024, describing prior briefings and the electric task force’s recommendation. S2 stated the recommended sales contract "be entered into in the amount of $5.255"; the transcript does not specify units (for example, millions of dollars or another unit). Council member Kate (S5) urged a long-term view: "It's good for the long term of price... it might look a little expensive now, but the power's going up." The council approved Resolution 2024-024 on a motion from S5 and a second from S4 by voice vote.

The council then considered Resolution 2024-025, described by S2 as a separate peaking project (Millard County) rather than the base-load plant considered earlier. S2 said the committee recommended authorization despite an estimated "paper loss" of about 1.79; the meeting transcript does not provide units or a detailed financial breakdown. Council member S4 moved to approve Resolution 2024-025; the motion was seconded and the council approved the resolution by voice vote.

The meeting record shows the council considered the proposals as part of a longer-standing relationship with Utah Associated Municipal Power Systems (S2 noted a roughly 30-year relationship); the council framed both approvals as long-term steps to secure power supply amid expected price increases. The meeting did not record roll-call vote tallies, contract term sheets, or detailed budget impacts; those documents were not presented in the transcript.