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Salem Council delegates authority to staff to manage $3.2M in projected electric congestion costs
Summary
Council adopted Resolution 1521 to allow electric‑department and finance staff to execute transactions to manage transmission congestion projected at about $3.2 million over a 31‑month contract, authorizing up to 75% (maximum $2.4 million) to acquire or convert to financial transmission rights.
City of Salem Council on March 23 adopted Resolution 1521, delegating authority to utility and finance staff to execute transactions intended to manage transmission congestion risks tied to the city's upcoming electric supply contract.
Assistant City Manager Rob Light told Council the city has secured the anticipated energy supply for a new 31‑month procurement beginning June 1 and that transmission congestion…
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