Title
Resolution - A Resolution of the City Of Mansfield, Texas, Authorizing the City Manager to Negotiate and Execute on Behalf of the City an Agreement by and Between The City of Mansfield, Texas, and iChoosr, LLC
Requested Action
Consider the Resolution authorizing an agreement with iChoosr, LLC.
Recommendation
Staff recommends approval of the Resolution.
Description/History
The Texas Power Switch Program is a resource for residents of the City to participate in a Statewide energy aggregation and competitive auction for retail electricity providers.
If the City should elect to participate in this program, staff will inform and engage residents to raise awareness of the program, including the process and key dates. Interested residents would then register for Texas Power Switch. iChoosr provides electricity offers for residents by facilitating a competitive auction process among electricity providers. The winning electricity provider’s offer would be provided to program registrants to decide if they would be interested in switching to the provider. Resident participation is free, and there is no obligation for the registrant to switch to another electricity provider.
iChoosr will organize three (3) Texas Power Switch group buying programs annually, which the City will actively promote at least two (2) programs each calendar year. The City will partner with iChoosr on collateral materials to inform residents about this program. Seventeen cities in Texas participate, including Cedar Hill, Corinth, Farmers Branch, Fate, Lake Dallas, Lancaster, and Waco, to name a few.
Justification
Senate Bill 7 made substantial changes to the way Texans purchase electricity through deregulation of the electricity market. Although deregulation has increased electric provider options, finding the most cost-effective plan may still pose a challenge for residents. As a result, many Texans do not regularly change their utility provider.
Funding Source
N/A
Prepared By
Jeff Price, Director of Utilities
817-728-3602