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Committee packet includes ordinance to join AMP 2027–2030 energy schedule capped at $59/MWh
Summary
The packet contains an ordinance authorizing execution of a 2027–2030 Fixed Volume Energy Supply Schedule with American Municipal Power (AMP), capping third-party contract price at $59.00 per MWh (excluding taxes and fees) and limiting volume to 5 MWh per hour.
The committee packet includes an ordinance to authorize the execution of a 2027–2030 Fixed Volume Energy Supply Schedule with American Municipal Power, Inc. (AMP). The schedule would permit AMP to negotiate long-term energy purchases on the municipality's behalf for the term Jan. 1, 2027 through Dec. 31, 2030, with a stated cap on third-party contract price not to exceed $59.00 per MWh (excluding taxes, transmission costs, replacement energy, losses, congestion costs, security costs, or AMP service fees). The packet also caps volumes to 5 MWh per hour (5 MW) for purchases made under the schedule and designates the Director of Public Service as the Municipality's Authorized Representative for approvals.
The schedule sets out procedures for AMP to confer with the Municipality's Authorized Representative via recorded telephone line or email before executing transaction confirmations, and for AMP to send an acknowledgement email containing commercial terms after a purchase is finalized. The packet includes signature blocks for both the City of Wadsworth and AMP signatories. The ordinance is presented as an emergency measure in the packet, though no vote is recorded in the provided document.
