×

Council still tracks energy markets for electric savings

The City of Warren uses about three million kilowatt hours of electricity each year.

From the municipal building to parks to every stop light in the city, there are savings to be found if the city can get good rates.

City Manager Mike Holtz said council authorized a target price earlier this year where the city would lock in rates for a three year term.

“The market has continued to trend down,” he said. “(It) has not hit that target price yet.”

“Every cent is a savings of roughly $30,000 for the city,” Mayor David Wortman said.

He recommended council enter into a four-month term that will bring $16,000 savings to buy time for the markets to continue the downward trend.

“The really good news is it is going the way we had hoped it would go,” Wortman added. “(I) think we can save in excess of $100,000 to the city over the 3-year contract.”

Council took that recommendation and also bumped up the price where staff can lock in the three-year term to what Wortman called a “more realistic target number.”

In other business, council set a date for a public hearing regarding proposed 5G wireless regulations.

That hearing is set for 7 p.m. on July 17, just prior to council’s monthly meeting.

Councilman Jared Villella said the city’s efforts on social media and to provide videos of the meeting are bringing an “increase in engagement, most of which is in regards to information we are sharing about the roundabout.”

Starting at $3.50/week.

Subscribe Today