2. Authorize negotiation and execution of two power purchase agreements with Duke Energy Renewables, Inc. for terms of up to 25 years for up to 200 megawatts of wind-generated electricity under each agreement, in an estimated amount of $20,000,000 per year for each agreement, for an estimated total contract amount of $500,000,000 for each agreement. 3. Authorize negotiation and execution of a power purchase agreement with E.ON Climate and Renewables North America, LLC, for a term of up to 25 years for up to 170 megawatts of wind-generated electricity in an estimated amount of $15,500,000 per year, for an estimated total contract amount of $387,500,000.
OLD BUSINESS Austin Energy: Update regarding Resolution 20120927-083, directing AE to host a oneday Energy Efficiency Stakeholder Process and place a related standing item on the RMC agenda for one year
Jun 18, 2013 Resource Management
2. Authorize negotiation and execution of two power purchase agreements with Duke Energy Renewables, Inc. for terms of up to 25 years for up to 200 megawatts of wind-generated electricity under each agreement, in an estimated amount of $20,000,000 per year for each agreement, for an estimated total contract amount of $500,000,000 for each agreement. 3. Authorize negotiation and execution of a power purchase agreement with E.ON Climate and Renewables North America, LLC, for a term of up to 25 years for up to 170 megawatts of wind-generated electricity in an estimated amount of $15,500,000 per year, for an estimated total contract amount of $387,500,000.
OLD BUSINESS Austin Energy: Update regarding Resolution 20120927-083, directing AE to host a oneday Energy Efficiency Stakeholder Process and place a related standing item on the RMC agenda for one year