City of Nashua
Financial Services Division
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229 Main Street - Nashua, NH 03060 (603) 589-3171
Fax (603) 589-3209
September 16, 2016
TO: Mayor Donchess
Finance Committee
FROM: John Griffin, Chief Financial Officer/Comptroller
SUBJECT: Notification of entry into contract with a 3™ party supplier for electricity supply.
On Thursday, September 15"", 2016, Financial Services competitively solicited and entered into an
agreement with a 3 party energy supplier for the tariff-controlled supply portion of its electric utility
bills. Pursuant to the communication approved at the September 7", 2016 Finance Committee meeting,
please find attached the executed contract (“Exhibit A’).
Contract Terms:
Fixed Price: $0.07010 per kWh
Fixed Term: 36 months beginning November 2017