New power con­tracts started

Central Otago Mirror - - CENTRAL NEWS -

Cen­tral Otago District Coun­cil com­menced elec­tric­ity sup­ply con­tracts with Pioneer Gen­er­a­tion this month.

The coun­cil has more than 120 elec­tric­ity con­nec­tions for which it pur­chases elec­tric­ity from elec­tric­ity re­tail­ers un­der fixed term con­tracts.

These con­tracts de­fine fixed unit costs through­out the con­tract pe­riod giv­ing coun­cil cer­tainty over elec­tric­ity costs.

Coun­cil re­cently re­tendered these con­tracts and re­ceived com­pet­i­tive bids from Pioneer Gen­er­a­tion and Con­tact En­ergy.

While both com­pa­nies con­trib­ute sig­nif­i­cantly to the lo­cal com­mu­nity, Pioneer Gen­er­a­tion’s bid of­fered greater sav­ings and a closer work­ing re­la­tion­ship than the other re­tail­ers put for­ward, a coun­cil man­ager said.

"Coun­cil be­lieves that this is a pos­i­tive step to­wards form­ing a part­ner­ship ap­proach in re­la­tion to en­ergy man­age­ment," In­fra­struc­ture Ser­vices Man­ager Jon Kings­ford said. ‘‘A bonus of this part­ner­ship is that Pioneer Gen­er­a­tion con­trib­utes to Cen­tral Lakes Trust, which dis­trib­utes fund­ing through­out the lo­cal com­mu­nity to wor­thy projects."

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