Issue - meetings
Gas and Electricity Supply
Meeting: 19/01/2016 - Cabinet Capital Assets Committee (Item 10)
10 Gas and Electricity Supply
Report by Carlton Brand,
Corporate Director.
Supporting documents:
Minutes:
Councillor Dick
Tonge, Cabinet Member for Finance,
presented the report which set out the recommended energy
purchasing strategy for the council from 2017 – 2022 in order
to support achievement of value for money and continued resource
efficiency.
In response to a question raised by Cllr Toby Sturgis, Cllr Tonge agreed to send a response to all Cabinet members regarding the percentage of council’s energy purchased would be derived from renewable sources.
There being no further debate, the meeting;
Resolved
- That the council takes advantage of flexible in-period purchasing with a risk cap. This will provide an opportunity for greater savings to be achieved, by placing a limited sum at risk.
- That the council enters into a longer contract after 2017 and takes advantage of current market conditions as well as an extended purchasing window. A five year contract length is recommended.
- That the council stay with the current provider, West Mercia Energy.
4. An appropriate contractual arrangement is put in place with schools wishing to access the contract and the council recovers the ongoing cost of administration.
Reason for Decision:
The proposals are made to address existing risks and provide optimum value for money from April 2017 when the existing electricity and gas contract ends.
