town-of-newbury-meeting-minutes-2024-11-26_3a0.pdf
Newbury advances municipal power aggregation through Colonial Power
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Description
The Town of Newbury, with Colonial Power Group, is advancing a municipal electricity aggregation program. The town will soon procure pricing from electricity suppliers and potentially contract for aggregation services, coordinated by Colonial Power. This would allow residents an alternative to National Grid, with aggregation launching as early as April 2025, pending contract approval.
Contract Details
Vendor
COLONIAL POWER GROUP INC
Agency
Town of Newbury, KS
Contract Type
PROFESSIONAL_SERVICES
Document Date
November 26, 2024
Contract Term
First contract expected 24 months; start projected April 2025, pending board action
Renewal Info
Initial supplier contract likely for 24 months with option for early renewal or second contract if favorable market rates arise. Supplier selection and contract signing still pending.
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