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.”
Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.