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Negotiated a Complex Contract for Electricity Supply Services Resulting in $32,000,000 in Savings

64 Connecticut Boards of Education and Municipalities

Our attorneys negotiated a complex contract for electricity supply services for an aggregation of 64 Boards of Education and Municipalities, which was one of the first of its kind in ghte deregulated Connecticut markets. The contract reflected the special needs of Boards of Education: significant load reductions in the summer months, the need to shift load between facilities and the opening and closing of buildings. The contract resulted in a locked-in price for three years that was lower than the utility's transitional standard offer, providing budget certainty for the districts, and amounted to more than $32,000,000 in savings over then current rates.  We continue to represent the consortium, which has grown to 98 members, in their competitive contract negotiations.

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