Georgetown seeks third-party review of energy management
The city of Georgetown is seeking proposals to manage the city’s energy portfolio and complete a comprehensive review of the city’s management practices in purchasing and managing energy, according to a news release issued Friday evening.
The city lost $21.8 million on its wind and solar contracts from 2016 to 2018 due to the falling prices of oil and gas, according to figures provided by City Manager David Morgan. Georgetown is renegotiating its 20- to 25-year wind and solar contracts to try to get a better deal, Morgan has said.
When the city signed wind and solar contracts around 2012, it was looking at long-term demands and contracted for more energy than it needed, he said.
General Manager of Utilities Jim Briggs said Georgetown’s current process for managing energy is not achieving the city’s goals.
Read more: https://www.statesman.com/news/20190208/georgetown-seeks-third-party-review-of-energy-management
The article is notable since Georgetown is running on 100% renewable energy. My alma mater, Southwestern University, took the lead by going to 100% renewable energy prior to the rest of the city.
