Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
RESOLVED:
That the Cabinet:
1. Authorise the Council to enter into a Customer Access Agreement for the Laser frameworks to procure the Council’s gas and electricity for the purchase period from April 2024 and a supply period commencing April 2025.
2. Authorise the Council to enter into call off contracts with the suppliers under the frameworks: Corona Energy (gas) and Npower (electricity) for a supply period commencing 1st April 2025 until 31st March 2029. The estimated total cost of the contract is £22,592,884.
3. Delegate authority to the Corporate Director of Finance, in consultation with the Cabinet Member for Finance, to allocate the Council’s energy supplies to an appropriate ‘risk product’ (energy buying strategy) offered under the framework.
4. Approve an engagement with Energy Angels for void property energy management at zero cost to the Council for a period of 4 years.
Reasons for decision
The Cabinet Member for Finance introduced the report, which Cabinet agreed, to make the necessary contractual decisions to secure best value – and provide flexibility - for the Council’s energy purchasing for the future and to meet the Council’s carbon reduction objectives.
Alternative options considered and rejected
Cabinet considered other options as set out in the confidential report.
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Finance & Corporate Services |
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Expiry date for any scrutiny call-in / date decision can be implemented (if no call-in) |
These decisions can be called-in by a majority of Members on the Select Committee by 5pm, 20 October 2023 |
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Officer(s) to action |
Richard Coomber / Matthew Kelly |
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Directorate |
Resources
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Classification |
Private - Whilst the Cabinet's decisions above are always made public, the officer report relating to this matter is not because it was considered in the private part of the meeting and contained information relating to the financial or business affairs of any particular person (including the Authority holding that information) and the public interest in withholding the information outweighed the public interest in disclosing it in accordance with Section 100(A) and paragraph 3 of Part 1 of Schedule 12 (A) to the Local Government Act 1972 (as amended). |
Publication date: 13/10/2023
Date of decision: 12/10/2023
Decided at meeting: 12/10/2023 - CABINET
Effective from: 21/10/2023