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HomeMy WebLinkAboutRES2025-073 Approving the 2025 Wholesale Power Contract with Chugach ElectricSponsored by: Sorensen CITY OF SEWARD, ALASKA RESOLUTION 2025-073 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, APPROVING THE 2025 WHOLESALE POWER CONTRACT AND THE JOINT USE AND OPERATIONS & MAINTENANCE AGREEMENT BETWEEN THE CITY OF SEWARD ELECTRIC SYSTEM AND CHUGACH ELECTRIC ASSOCIATION, INC WHEREAS, the City of Seward has purchased wholesale electric power from Chugach Electric Association, Inc. ("Chugach") under various contracts since 1961; and WHEREAS, the City and Chugach executed a short-term extension of the 2022 Wholesale Power Contract through July 2025 pending completion of a long-term successor agreement; and WHEREAS, City staff have successfully negotiated a new 2025 Wholesale Power Contract that (a) ensures Seward's electric power requirements will be met on a full -requirements basis; (b) excludes Seward from paying for Chugach's production reserves; (c) allows Seward the option to supply its own gas or generation resources; (d) permits Seward to provide energy and reserves to other Railbelt entities coordinated through Chugach dispatch; and (e) includes a fair ratemaking structure that unbundles production and transmission rates in accordance with Commission requirements and RTO protocols; and WHEREAS, as part of this agreement, the City and Chugach have updated the Joint Use and Operations & Maintenance Agreement governing the shared use and maintenance of infrastructure, including poles, rights -of -way, and distribution underbuild, with each party bearing its own maintenance costs and coordinating annual and emergency maintenance; and WHEREAS, these agreements support the City's goals for reliable, cost-effective electric service, while enabling flexibility for local generation and dispatch, including test runs, future shore power operations, and service to other Railbelt utilities; and WHEREAS, the agreements will be submitted to the Regulatory Commission of Alaska for approval and will remain in effect for an initial three-year term with two automatic three-year renewals unless terminated by either party with one year's notice. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The City Council hereby approves the 2025 Wholesale Power Contract and the Agreement for Joint Use and Maintenance of Facilities between the City of Seward and Chugach Electric Association, Inc., substantially in the form presented, and authorizes the City Manager to execute the agreements and take such actions as may be necessary to implement them. Section 2. Funding for services procured under these agreements is hereby authorized and shall be paid from the Seward Electric System enterprise fund. CITY OF SEWARD, ALASKA RESOLUTION 2025-073 Page 2 of 2 Section 3. This resolution shall take effect immediately upon adoption. PASSED AND APPROVED by the City Council of the City of Seward, Alaska this 28rh day of July 2025. THE CITY OF SEWARD, ALASKA S LW�� dx� Sue McClure, Mayor AYES: Barnwell, Finch, Crites, Osenga, McClure NOES: None ABSENT: Wells, Warner ABSTAIN: None ATTEST: Kris Peck City Clerk (City Seal) .�:� r sEty' •.� V A� F • SEAL 10 SO OF,X% I