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Committee approves contracts with MC Squared for community aggregation and municipal electricity; pricing set at 8.4¢/kWh (12-month municipal option)
Summary
The committee approved a community choice aggregation (CCA) contract and a municipal electricity supply contract with MC Squared; staff reported an actionable weighted average price of 8.4¢/kWh (including renewable energy credits) and recommended a 12-month municipal contract despite a slightly higher 24-month forward price.
The Administration Public Works Committee voted to approve two related contracts with MC Squared: a community choice aggregation contract (CCA) that serves residential customers who opt into the program, and a municipal electricity supply contract to provide actionable pricing for city buildings.
Cara Pratt, the city’s chief sustainability and resilience officer, said one bidder did not provide pricing and was deemed technically…
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