fggse-\ THE CITY OF NASHUA "The Gate City”
Financial Services
Purchasing Department
August 31, 2017
TO: Mayor Donchess
Finance Committee
FROM: Dan Kooken, Purchasing Manager
SUBJECT: Notification of entry into contract with a 37 party supplier for electricity supply
On Tuesday, August 227, 2017, the Purchasing Department solicited and entered into a 12-month
agreement (November 2017 — October 2018) with a 3” party energy supplier (Constellation) for the
supply portion of its electric utility bills for 25 specific City of Nashua accounts. These accounts were
originally being considered for Hydroelectric Net Metering, which was determined to be uneconomic
based on the current PUC net metering rules at this time. The potential for the net metering of these
accounts will be reviewed again next year prior to the expiration of this contract in October 2018. Please
find attached the executed contract (“Exhibit A”). Also note that these supply contracts are required by
the energy supplier to be executed the day the pricing quote is received.
Contract Terms:
Fixed Price: $0.08960
Fixed Term: 12 months beginning November 2017
229 Main Street » Nashua, New Hampshire 03061 « Phone (603) 589-3330 e Fax (603) 589-3233
