Signs two-year electricity deal with East Bay Community Energy, estimated $1.5M to $2.5M
The district would buy electricity from East Bay Community Energy Authority at fixed rates below the authority's standard rates, in return for a long-term commitment as a customer. The first term runs May 1, 2022 through April 30, 2024, with a non-binding estimate of $1,500,000 to $2,500,000 that would rise if usage rises significantly. The board is declaring that public bidding would be futile, so the district is not running its own bid.
Plain-English summary written by AI from the official text. AI summary · amounts checked against official text
- Vendor / partner
- East Bay Community Energy Authority · Oakland, CA
- Action
- New agreement
- Category Categories and sub-categories are assigned by AI from each item's official text, using a fixed set of definitions. They can be wrong. How categories work
- Food, transportation & operations
- Term
- May 1, 2022 – Apr 30, 2024
- This vote
- $2,500,000
- Funding
- General Purpose
- Presented by
- Deputy Chief, Facilities Planning and Management
- File
22-0632· agendaV.-5- Outcome
- Adopted on the General Consent Report, Apr 13, 2022
Official text
Approval by the Board of Education of Resolution No. 2122-0212 - Declaring the Futility of Public Bidding for Electricity Service and Approving a Contract for that Purchase, the Electricity Service Agreement by and between the District and East Bay Community Energy Authority, Oakland, CA, for the latter to provide favorable, fixed electricity rates discounted from EBCE’s standard electricity rates for the District’s direct access-eligible electric energy services agreements as consideration for the District’s long-term commitment as an electricity customer of EBCE, with an Initial Term to begin on May 1, 2022, and end on April 30, 2024, for a two (2) year total amount not to exceed $1,500,000 to $2,500,000 for the Initial Term, a non-binding estimate based on the District’s historic electricity usage trend; if the District’s electricity usage increases significantly during the Initial Term, the range would similarly increase.
History
- Adopted on the General Consent Report