Schneider Engineering will present their findings and recommendations from the assessment of electric resource management operations conducted over the past two months. The presentation will include factual findings, conclusions and recommendations based upon their review within the following scope of work:
- The City's Electric Resource Management organization/functional area.
- Development of current wholesale power supply portfolio and the performance outlook for the portfolio.
- Significant factors that contributed towards decisions that culminated insignificant increases in cost to the wholesale power portfolio.
- Impact of the power supply portfolio on recent City's budgets, retail electric rates and other City business areas.
- Offer a forward-looking evaluation of steps the City may consider to effectively manage and optimize the portfolio and consider market factors that may influence the performance of the portfolio.
The assessment is organized into the following sections:
- Financial Impact to the City
- Organizational Assessment
- a Forward-look at Market and Regulatory Issues
- Conclusions and Key Findings
- Recommendations
Schneider is also prepared to present the report and findings at a public meeting on May 20, where the public can ask questions. Frequently asked questions and other public materials are being developed to facilitate that meeting.