Urbana, IL Set To Select Retail Supplier (Pricing, Contract Disclosed)
October 24,2018
The City of Urbana, Illinois, is considering approving new retail electric supply agreements with Calpine Energy Solutions, LLC for various municipal accounts not currently under a contract. The City is located in the Ameren service area
The city's Committee of the Whole considered pricing provided by Calpine in response to a solicitation sent to eight suppliers
For small commercial DS2 accounts, Calpine pricing was $0.04793 per kWh
For DS5 street lighting accounts, Calpine pricing was $0.03588 per kWh
Both agreements are to be for 36-month terms
Because the city council will not consider formal approval until its November meeting, pricing may change prior to final approval
The start date of the new agreement is to be December 2018 (listed as November 2018 in the contract, but to be revised due to the date of the next council meeting)
The city's Committee of the Whole recommended to the full city council approval of the Calpine agreements