July 15 — “Council also approved of a professional services agreement with the Texas Coalition for Affordable Power (TCAP) for participation in a Strategic Hedging Program (SHP) for the city to get wholesale energy.

City Manager Michael Marrero said that, “instead of buying our electricity through fixed pricing, the SHP program will procure the energy two years in advanced for one year. This provides the lowest pricing in the market,” he said adding that the agreement could help the city avoid certain expenses that long-term contracts perpetuate.”

— Odessa American