The Corporation of the City of Stratford Finance and Labour Relations Committee Agenda December 8, 2025
City maintains LAS electricity and gas procurement deals
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Description
Stratford continues to source electricity and natural gas through Local Authority Services (LAS) using a 50% hedge for electricity and fixed‑price pooled contracts for natural gas. The annually renewed agreements stabilize utility costs and support the City’s energy and emissions planning.
Contract Details
Vendor
LOCAL AUTHORITY SERVICES (LAS)
Agency
City of Stratford, Canada
Contract Type
UTILITIES
Document Date
December 8, 2025
Contract Term
Electricity hedge agreements entered into annually since 2000; current hedge for 2026 set at 50% of consumption. Natural gas fixed-price contract entered July 2021 and renewed annually.
Renewal Info
Electricity hedge percentage is set each fall for the next fiscal year, with options between 0% and 75%; the City has maintained a 50% hedge for several years. The natural gas agreement initiated in July 2021 has been renewed annually following analytic review of LAS reporting.
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