City of Columbus - File #: 0938-2011

• File #: 0938-2011
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 6/7/2011
• In control: Public Utilities Committee
• On agenda: 7/11/2011
• Final action: 7/13/2011
• Title: To authorize the Director of Public Utilities to enter into an agreement with AEP Retail Energy for electric power costs; and to declare an emergency.

Date	Ver.	Action By	Action	Result
7/13/2011	1	CITY CLERK	Attest
7/12/2011	1	MAYOR	Signed
7/11/2011	1	Columbus City Council	Approved	Pass
7/11/2011	1	COUNCIL PRESIDENT	Signed
6/27/2011	1	Utilities Drafter	Sent to Clerk's Office for Council
6/24/2011	1	Utilities Drafter	Sent for Approval
6/24/2011	1	Finance Reviewer	Reviewed and Approved
6/24/2011	1	Finance Reviewer	Reviewed and Approved
6/24/2011	1	FINANCE DIRECTOR	Reviewed and Approved
6/23/2011	1	City Clerk's Office	Sent back for Clarification/Correction
6/21/2011	1	Utilities Drafter	Sent for Approval
6/21/2011	1	Auditor Reviewer	Reviewed and Approved
6/21/2011	1	CITY AUDITOR	Reviewed and Approved
6/21/2011	1	Utilities Drafter	Sent for Approval
6/21/2011	1	CITY ATTORNEY	Reviewed and Approved
6/21/2011	1	Utilities Drafter	Sent to Clerk's Office for Council
6/20/2011	1	ODI DIRECTOR	Reviewed and Approved
6/17/2011	1	Utilities Drafter	Sent for Approval
6/17/2011	1	EBOCO Reviewer	Sent for Approval
6/16/2011	1	Finance Reviewer	Reviewed and Approved
6/15/2011	1	Finance Reviewer	Reviewed and Approved
6/15/2011	1	Finance Reviewer	Reviewed and Approved
6/14/2011	1	Utilities Drafter	Sent for Approval
6/13/2011	1	Utilities Drafter	Sent for Approval
6/13/2011	1	Utilities Reviewer	Reviewed and Approved
6/13/2011	1	Utilities Drafter	Sent for Approval
6/13/2011	1	Utilities Drafter	Sent for Approval
6/13/2011	1	Utilities Reviewer	Sent for Approval
6/13/2011	1	UTILITIES DIRECTOR	Reviewed and Approved
6/9/2011	1	Utilities Reviewer	Reviewed and Disapproved
6/8/2011	1	Utilities Drafter	Sent for Approval
6/7/2011	1	Utilities Drafter	Sent for Approval

Explanation

The purpose of this legislation is to authorize the Director of Public Utilities to enter into an agreement with AEP Retail Energy for electric power costs services associated with the water treatment process.

The City of Columbus, Division of Power and Water (Water) is a retail customer with AEP Ohio and owns a water treatment infrastructure that is metered and billed by AEP Ohio. AEP Retail Energy is a competitive retail electric service provider and affiliate of AEP Ohio. The Division of Power and Water (Water) has coordinated with AEP Retail Energy to reduce the power cost associated with the water facilities on the AEP Ohio system.

By switching the generation and transmission of the associated with the water treatment infrastructure currently on the AEP Ohio system to AEP Retail Energy, the Department of Public Utilities would reduce the cost of the mega watt hours (MWh) from $81.52/MWh to $62.75/MWh for an approximate 39 month savings of $925,000.00. AEP Ohio would continue to charge the Division of Power and Water (Water) for distribution and customer charges. All contractual information has been reviewed and approved by the City Attorney's Office.

The Department of Public Utilities feels it is in the best interest of the City of Columbus to enter into this agreement with AEP Retail Energy to take advantage of the power cost savings. This ordinance is being submitted as an emergency so that the department can enter into the agreement at the earliest time possible to take advantage of the cost savings to the Division of Power and Water (Water) and to lock into rates.

FISCAL IMPACT: No funding required for this contract

SUPPLIER: AEP Retail Energy 13-4922640, Expires 4-13-13


Title


To authorize the Director of Public Utilities to enter into an agreement with AEP Retail Energy for electric power costs; and to declare an emergency.


Body


WHEREAS, The City of Columbus, Division of Power and Water (Water) is a r...