City of Carrollton Awards Electricity Contract to Gexa Energy Through Texas Energy Center Program
Carrollton, TX – The City of Carrollton has awarded a four year electricity contract to Gexa Energy through the Texas Energy Center (TEC) Program. The City will enjoy a savings of over $500,000 annually or $2 million over the life of the contract, and will be protected from additional charges such as nodal congestion and line losses. The awarded contract will begin in January 2014 and continue through January 2018.
“The Texas Energy Center program provided us with a swift method of entering the market while securing competitive bids from six different suppliers,” said Leonard Martin, City Manager. “This structure allowed us to utilize already negotiated contracts and lock in a low price while the market is favorable.” The Texas Energy Center is a purchasing cooperative offered through the Region One Education Service Center in Edinburg, Texas.
The contract from Gexa Energy, allows the City to best plan for future changes to its electricity usage through an allowance to add or delete meters up to 3% of its current consumption level at the same low contract price, as well as providing unlimited swing. This allows the City to continue its plans for growth, as well as its green initiatives for consumption reduction without fear of additional fees or charges.
“With respect to future energy prices, the City developed a market view and determined that utilizing the Texas Energy Center was the best method to act quickly and provide budget certainty with significant savings to its taxpayers for years to come,” said Annette Van Brunt, of Van Brunt & Associates, Inc., consultant for the Texas Energy Center.
For more information, contact Carl W. Shelton, City of Carrollton Facilities Director, at email@example.com.
City of Carrollton, 1945 E. Jackson Road, Carrollton, Texas 75006 | Tel: (972) 466-3000 | Site Map
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