Get email alerts on the Energy topic
No spam. Unsubscribe anytime.
Trappe chooses 24-month fixed-rate electric supply to avoid Delmarva Power default rates
Summary
After reviewing bids on Nov. 5, the Trappe Town Council selected a 24-month fixed-rate electric supply option presented by CQI Associates to avoid reverting to Delmarva Power's higher default rates; the motion passed unanimously.
Richard Anderson of CQI Associates presented electric supplier rate options and told the council that without a new contract the town’s rates would revert to Delmarva Power’s current rates.
After reviewing the options, Commissioner Walter Chase moved to select the 24-month, fixed-rate option; Commissioner Michael Sullivan seconded and the council approved the motion unanimously.
Council members said selecting a fixed-rate contract would provide price stability through the contract term. The town’s current electric supplier contract expires in December, and staff will finalize the new contract before that expiration.
AI generated
The text on this page is AI generated. Summaries, highlights, analysis, and video transcripts are all produced from the original source material.
AI can make mistakes, so if you spot one, and we will fix it for everyone.
Note: the source content is unaltered by us. Any content source we link to, be it a video, an audio recording, or a document, is presented exactly as its publisher released it. That publisher is usually a government body, sometimes an individual official or another organisation.
