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Schools electricity supply contract
The Council’s electricity supply
contract for Schools has reached its scheduled end date (30th Sept
21). This coincides with historically high energy prices. This
contract would normally be renewed under a competitive process, but
there is a significant risk of locking the Council in to high rates
for an extended period if the contract is renewed in the usual way.
In common with most energy supply contracts let by the Council,
this contract has provision for further extensions. In order to
reduce the impact of current high prices on the Council, the
decision is being taken to extend the current contract by a further
three months beyond its original end date, in order to allow time
for the energy market to restabilise before any new contract was
let. This will still incur significantly higher costs for the
Council in the short term but will limit this impact to a few
months. In the meantime, Council Officers are developing an
alternative procurement approach that would reduce the
Council’s exposure to energy market prices in future
contracts.
Decision type: Key
Reason Key: Result in expenditure of £500,000 or over;
Decision status: Recommendations Approved
Notice of proposed decision first published: 05/01/2022
Decision due: 19 Oct 2021 by Executive Director: Growth and Regeneration
Lead member: Councillor Nicola Beech, Cabinet Member with responsibility for Strategic Planning, Resilience & Floods cllr.nicola.beech@bristol.gov.uk
Contact: Louise Baker, Executive Support Manager Email: louise.baker@bristol.gov.uk.
Decisions
- 05/01/2022 - Schools electricity supply contract