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Select Board approves 36‑month electricity agreement with Smartest Energy
Summary
Town staff informed the board a 36‑month electricity contract at $0.1299 per kWh (plus Day‑Ahead Ancillary Services on signature day, with credit if that rate drops) is available; the board approved both a three‑year contract and a motion allowing staff discretion to finalize terms.
Town staff presented a recommended electricity contract and the Select Board approved moving forward with Smartest Energy on June 2.
Dwayne Morin said a previously discussed provider included Day‑Ahead Ancillary Services (DASI) fees that made the contract unattractive. After consulting a previous vendor contact, staff obtained a proposed rate of $0.1299 per kilowatt‑hour, plus whatever the DASI rate is on the day of signature; that price would be locked for 36 months and the town would receive credit if the DASI component fell after signing. Dwayne described Smartest Energy (Syracuse, NY) as a supplier that uses solar and wind resources.
Selectperson Jonathan Hall moved that Dwayne enter a three‑year electrical contract with Smartest Energy; Selectperson Wendy Cowan seconded and the motion passed 5‑0. Hall then amended the motion to allow Dwayne to enter an electrical contract at his discretion; the board again voted 5‑0 to approve the amended motion. The board gave staff authority to finalize terms consistent with the disclosed rate and DASI treatment.
