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HomeMy WebLinkAboutMT League of Cities & Towns (2)Montana League of Cities and Towns P.O. Box 1704 - Helena, Mt 59624 406 442-8768 (Phone) 406 442-9231 (Fax) Memorandum To: Participants in the Power Supply Program From: Alec Hansen Subject: Prorated Share of Legal and Consulting Costs Date: August 10, 2000 U AUG 7 6 2000 1a V ?D CITY pF LAUREL I The 22 cities and towns that are participating in the power supply program offered by Energy West Resources through the League will save nearly $97,000 on the cost of electrical service over the next two years. These savings come from the 2.2% positive margin between the averaged regulated rate for electricity and the price offered by Energy West. Montana Power charges a variable rate that is lower in the summer and higher in the higher demand winter months. This program provides a flat rate, which has the effect of reducing savings for cities and towns that have proportionally higher energy usage in the summer months. Under the contract, cities and towns agreed to reimburse the League for the consulting and legal costs incurred in negotiating this deal. We estimate these costs at $5,000, and we are assessing the fees as a pro rata share of $97,000 in savings participants in the program will realize over the next two years. We suggest that you verify your savings and administrative fee on the attached spreadsheet. Finally, we ask you remit the amount on the separate invoice to the League of Cities and Towns to cover your share of the costs of negotiating this deal. School districts across Montana are partners with cities and towns in this power supply agreement. We have aggregated a large and balanced combination of loads: We have also acquired valuable experience, and should be in a position to arrange the best possible rates for cities and schools when the electrical energy market in Montana is fully deregulated in less than two years. I thank you for working with the League on this important and very interesting project. Best wishes, Alec Hansen Executive Director SHARED COST SUMMARY SUMMARY OF CONTRACT RESULTS Section 5 S of Agency Agreement Annual Two Yr Contract Share of CITY I TOWN Pro Rata Share of Cost Est Supply Est Supp ly Savings Kwh (Kwh) Savings Savings Butte Silver Bow 0.1973 $ 986.34 $ 12,240 $ 24,480 0.2526 City of Belgrade 0.0018 $ 8.85 $ 100 $ 201 0.0021 City of Billings 01734 $ 866.87 $ 8,735 $ 17,470 0.1803 City of Bozeman 0.0780 $ 390.14 $ 5,631 $ 11,261 0.1162 City of Conrad 0.0059 $ 29.55 $ 142 $ 284 0.0029 City of Deer Lodge 0.0120 $ 59.97 $ 119 $ 237 0.0024 City of Glasgow 0.0211 $ 105.37 $ 1,124 $ 2,248 0.0232 City of Great Falls 0.1629 $ 814.31 $ 872 $ 1,743 0.0180 City of Harlem 0.0052 $ 2613 $ 384 $ 769 0.0079 City of Havre 0.0583 $ 291.44 $ 3,328 $ 6,656 0.0687 City of Helena 0.0886 $ 443.02 $ 6,445 $ 12,891 0.1330 City of Malta 0.0092 $ 45.80 $ 709 $ 1,418 0.0146 City of Missoula 0.0832 $ 415.80 3 3,616 $ 7,233 0.0746 City of Three Forks 0.0035 $ 17.70 $ 196 $ 393 0.0041 Town of Cascade 0.0031 $ 15.42 $ 114 $ 229 0.0024 Town of Darby 0.0042 $ 21.04 $ 148 $ 295 0.0030 Town of Manhattan 0.0021 $ 10.72 $ (27) $ (54) (0.0006) Town of Plains 0.0028 $ 14.02 $ 172 $ 345 0.0036 Town of Sheridan 0.0059 $ 29.66 $ 14 $ 27 0.0003 Town of Superior 0.0032 $ 16.06 $ 128 $ 257 0.0026 City of Livingston 0.0347 $ 173.44 $ 1,980 $ 3,960 0.0409 City Of laurel 0.0436 $ 21824 $ 2288 $ 4,577 0.0472 1.0000 $ 5,000.00 $ 48,460 $ 96,919 1.0000 I I I L?r r C ? - LJ 1 6 DOC CIY OF LA, REL