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P3 power pool reports multi‑year savings for members; San Patricio County saved about $917,000 by P3's method
Summary
David Quinn of the P3 program reported a three‑year procurement awarding Champion Energy Services at a fixed rate of 6.04¢; P3's in‑house method shows San Patricio County saved $917,000 against market, while the PUC methodology records $152,600 saved in 2024.
David Quinn, program manager for the P3 power pool, presented an update on the aggregation program, procurement practices and member savings.
Quinn told the court the P3 program manages roughly 2,000,000 megawatt‑hours across its current three‑year program—"about $63,000,000 a year"—and that the program's internal calculation shows San Patricio County saved $917,000 against market. Using the Public Utility Commission (PUC) methodology, Quinn said the county's reported 2024 savings were $152,600. He explained P3 sends RFPs to all registered retail electric providers, then shortlists providers with the necessary back‑office support and credit rating before the board approves an award.
Quinn announced the procurement awarded a three‑year contract to Champion Energy Services at a fixed wholesale rate of 6.04¢ per kilowatt‑hour; he said San Patricio County's accounts average about 5.85¢ per kWh over the contract based on account composition. He also described the program's aggregation fee of $0.99 per megawatt‑hour and said P3 provides contract protections (no penalties for over/under consumption minimums and dispute handling for inaccurate bills).
Quinn said the board retains the option to seek longer contracts if market conditions fall below previously established ceilings and that the program will provide a forward budget report for members to use in planning.
