Coversheet

AGENDA ITEM SUMMARY

ITEM SUMMARY:

Consider approval to nominate 5 megawatts of Project 1 resources to the MEAG Excess Power Pool for use by any MEAG Participant for a period of up to five (5) years. The allocation will be made to option three, 5 MW.

Electric Director Bill Bosch will address.

SPECIAL CONSIDERATIONS OR CONCERNS:

The City can withdraw its commitment should load growth necessitate. By committing the energy to one specific price product, should another MEAG Participant select a product the City did not subscribe to, the City would not receive the benefit of the purchase.

STAFF RECOMMENDATION:

Staff recommends approval.

FINANCIAL IMPACT:

Should a Participant access the Excess Power Pool, the City will receive a payment for its share of the total purchase.

ATTACHMENTS:
	File Name	Description
	Excess_Power_Pool_Nomination_Form.pdf	Nomination form

Submitted by:	Meeting Date:
Bill Bosch	3/10/2015
Reviewed by:
Kenny L. Smith