File #: 19-2996   
Type: Payment Ordinance Status: Adopted
Meeting Body: City Council Formal Meeting
On agenda: 11/20/2019 Final action: 11/20/2019
Title: Arizona Power Authority

Title

Arizona Power Authority

 

Description

For $200,000.00 in annual payment authority for monthly billings under Contract 143595 for the Water Services Department power consumption agreement with the Arizona Power Authority. The contract allows the City to receive a 50-year supply of renewable energy, moving the City one step closer to the adopted goal of 15 percent renewable energy Citywide by 2025. Through separate credit agreements with SRP and APS, the contract also allows the City to receive energy at reduced costs.