Longmont City Council to Review Updated Agreement with Platte River Power Authority
If You Go
What: Longmont City Council study session
When: 7 p.m. Tuesday
Where: Civic Center council chambers, 350 Kimbark St.
Longmont’s agreements with Platte River Power Authority, the city’s wholesale electric power provider, would be amended and extended through the year 2060 under a set of updates up for city council review on Tuesday.
The first contracts and power supply agreements between the not-for-profit electricity generation and transmission provider and its municipal utility owners — Longmont, Loveland, Estes Park and Fort Collins — were executed in the mid-1970s and renewed in 1998 and 2010.
The contracts and agreements run through 2050, according to materials Platte River Power Authority and Longmont Power and Communications provided council for Tuesday night’s study session.
The updates and extension to 2060 of the intergovernmental contract with member municipalities, and of a separate power supply agreement with Longmont, would provide Platte River flexibility for bonding and future renewable power agreements, according to Longmont’s utility staff.
Mayor Brian Bagley, a Longmont member of the Platte River board, said Monday the importance of the contract is that it is “the founding document that guarantees” member municipalities “will work and cooperate” with Platte River on its generation, supply and transmission of electrical power.
City staff said Longmont’s updated power supply agreement with Platte River also includes language supporting a resolution council adopted in January 2018 setting citywide goals that at least 50 percent of residents’ and businesses’ electricity is generated from carbon-free sources by the year 2022 and 100 percent is generated from “clean, renewable energy supplies,” such as solar and wind, by 2030.
Staff said that by 2021, the energy Platte River supplies to Longmont is to be 50 percent non-carbon generated.
The updated power supply agreement also would formally commit Platte River to schedule meetings with Longmont at least every two years to review technologies and business models to meet the city’s goals.
Renewing the contract and power supply agreement “will extend the life of Platte River as a reliable, affordable and environmentally responsible wholesale electric provider for Longmont” and its residents through the year 2060, city staff said.
Contact Staff Writer John Fryar at 303-684-5211 or firstname.lastname@example.org or twitter.com/jfryartc