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File #: 0654-2011    Version: 1
Type: Ordinance Status: Passed
File created: 4/19/2011 In control: Public Utilities Committee
On agenda: 5/9/2011 Final action: 5/12/2011
Title: To authorize the Director of Public Utilities to enter into an agreement with AEP Retail Energy for street light generation and transmission services and to declare an emergency.
Attachments: 1. ORD0654-2011AEP Agmt.pdf
Explanation

The purpose of this legislation is to authorize the Director of Public Utilities to enter into an agreement with AEP Retail Energy for street light generation and transmission services.

The City of Columbus, Division of Power and Water (Power) is a retail customer with AEP Ohio and owns street lights that are 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 (Power) has coordinated with AEP Retail Energy to reduce the power cost of the street lights on the AEP Ohio system.

By switching the generation and transmission of the street lights 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 $62.62/MWh to $49.90/MWh for an approximate annual savings of $126,000.00. AEP Ohio would continue to charge the Division of Power and Water (Power) 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 (Power).

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 street light generation and transmission services and to declare an emergency.


Body


WHEREAS, The City of Columbus, Division of Power and Water (Power) is a retail customer with AEP Ohio and owns street lights that are metered and billed by AEP Ohi...

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