County to see savings in new electrical contract
PAST ENERGY RATES
2009 83.26 cents per kwh
20107 cents per kwh
2011 and 20126.71 cents per kwh
20136.21 cents per kwh
2014 and 20155.85 per kwh
2015 through 20185.096 cents per kwh
Approved tax abatement agreement with Ken Garner Manufacturing Inc.
Approved agreement with Chase Paymentech for e-filing credit card payments for the district and county clerks and justices of the peace
Released $175,000 pledged collateral from First Victoria Bank
An updated electric contract is projected to save Victoria County taxpayers thousands.
Victoria County commissioners approved a new agreement Monday with World Energy Solutions that will go into effect in 2015.
The contract lowers the cost of electricity to a flat rate of 5.096 cents per kilowatt-hour from 5.85 cents per kwh, resulting in about $218,000 of savings through April 2018.
So long as energy consumption does not spike, the lowered rate means you're saving money, said Commissioner Kevin Janak.
"We're very blessed to be able to negotiate and get a flat rate of 5 cents," Janak said. "That's pretty good."
Furthermore, Janak, who spearheaded the negotiations, brought the user fee down to .1 cent from .118 cents.
World Energy expects the county will save $72,867 annually on the 82 meters the county operates on.
County Judge Don Pozzi commended Janak on the negotiations.
Energy Company of America will supply the electricity - more than 25 million kwh - to the county.