The main take away from the energy consultant is that the City hire a third party to manage its energy instead of relying on the city’s utility department. Statesman
Moffit said in a presentation to the Georgetown City Council Tuesday that the city did not have enough people to dedicate themselves solely to the management of the city’s energy contracts. The city’s director of utilities, for example, also is an assistant city manager, Moffitt said.
He also recommended that the city start a rate-stabilization fund to absorb some of the impact to customers when energy prices increase. The fund would make it possible for the increased costs passed along to customers - called power cost adjustments- to be made more gradually.
This is typically how government works. We pay someone $30,000 to tell us the obvious. A number of Georgetown residents have already told the City they need experienced personnel to operate in a speculative futures market.
The next thing we will find out is that the City has paid a consultant to tell them they should not engage in long term fixed price contracts without escape clauses! Oh wait, I think numerous citizens have already told that to the City.
Well it's not their money, it's the taxpayers money!
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