156.2024 Authorizing Agreement - TOQ and NRG Business Marketing LLC for Power Sale - Natural Gas RESOLUTION AUTHORIZING AGREEMENT BETWEEN
TOWN OF QUEENSBURY AND NRG BUSINESS MARKETING LLC FOR
POWER SALE -NATURAL GAS -THROUGH MEGA PROGRAM
RESOLUTION NO.: 156,2024
INTRODUCED BY: Mr. Michael Dixon
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Harrison Freer
WHEREAS, by Resolution No.: 395, 2020, the Queensbury Town Board authorized an
Agreement through the Municipal Electric & Gas Alliance (MEGA) through May 31, 2024 in an
effort to reduce natural gas costs, and
WHEREAS, the Town wishes to continue with the MEGA Program and enter into an
Agreement with NRG Business Marketing LLC (NRG) commencing 06/01/2024 through
05/31/2027 at the Fixed Price of $4.238 per MMBTU as set forth in NRG's 04/11/2024
Agreement/Proposal Id: 68639518,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes Agreement/Proposal Id:
68639518 dated 04/11/2024 between the Town and NRG Business Marketing, LLC (NRG)
commencing 06/01/2024 through 05/31/2027 at the Fixed Price of $4.238 per MMBTU and
authorizes and directs the Town Supervisor to execute such Agreement/Proposal in substantially the
form presented at this meeting and/or any other needed documentation, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor,
Budget Officer and/or Water Superintendent/Wastewater Director to take such other and further
actions as may be necessary to effectuate the terms of this Resolution.
Duly adopted this 15t'day of April, 2024,by the following vote:
AYES Mr. Metivier, Mr. Freer, Mr. Dixon, Mr. Strough
NOES None
ABSENT: Mr. McNulty
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