P.O. Drawer 140, 100 Central Circle

Low Moor, VA24457

540-863-1800†††† 540-863-1804 fax

 

 

DATE:†† April 19, 2017†††††

 

INFORMATION ITEM

 

SUBJECT

Virginia Energy Purchasing Governmental Association

RATIONALE

The Virginia Energy Purchasing Governmental Association (VEPGA) is an organization that negotiates electricity rates on behalf of local governments and political subdivisions of the Commonwealth of Virginia who elect to join the association. VEPGA members realize an electricity rate reduction of approximately 3.6%. The County of Alleghany is currently a member of VEPGA.

ESTIMATED COSTS

Net cost reduction (annual membership fee is $380)

BUDGET CATEGORY

Electric utility

LEGAL REFERENCE

N/A

STAFF CONTACTS

Keven Rice

SUPERINTENDENTíS

RECOMMENDATION

Information only

 

Attachments:

 

1.     Ordinance Approving Joint Powers Association Agreement