Decision details
Contract for electricity supply from the 1st April 2023
Decision Maker: Corporate Director of Strategic Resources
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
New Framework for electricity supply (for
corporate properties, schools and District Councils as part of
LGR)
Decision:
To award the electricity supply contract to
EDF Energy Limited via the CCS RM6011 framework, for the supply of
electricity for the Council’s corporate functions, including
street lighting and illuminated street furniture, and traded
services to school & academy portfolios for the new council
from 01 April 2023. The replacement supply contract will encompass
the existing NYCC meter points and the meter points from the seven
boroughs and districts, which will be brought into the new supply
contract as their existing contracts complete. The precise bundles
as to the makeup of the supply are still to be
determined.
Reasons for the decision:
The current NYCC electricity supply contract
is with nPower (now part of the E.ON UK group), provided via an
energy brokerage framework contract with YPO, which expires on the
31st March 2023.
The decision has been made to enable the new electricity supply
contract to be in place to commence from the 01 April 2023 –
for the supply of electricity for the Council’s corporate
functions, including street lighting and illuminated street
furniture, and traded services to school & academy portfolios
for the new council from 01 April 2023. The replacement supply
contract will encompass the existing NYCC meter points and the
meter points from the seven boroughs and districts, which will be
brought into the new supply contract as their existing contracts
complete.
With the decision made to ensure continuity of electricity supply
on contracted rates for vesting day onwards for the new council to
award the electricity supply contract to EDF Energy Limited via the
CCS RM6011 framework.
The decision has been made following a review of all options under
a Gateway process to ensure continuity of electricity supply on
contracted rates for vesting day onwards for the new council, the
Gateway process has taken into account a review of routes to market
and consideration of the current situation / volatility within the
market.
Alternative options considered:
None.
Publication date: 06/09/2022
Date of decision: 06/09/2022
Effective from: 14/09/2022
Accompanying Documents:
- Contract for electricity supply from the 1st April 2023 PDF 243 KB View as HTML (1) 12 KB
- 20220810 Electricity Supply Contract Report - update 20220819.docx PDF 245 KB View as HTML (2) 12 KB
- 20220810 Electricity Supply Contract Report - update 20220826 PDF 245 KB View as HTML (3) 12 KB
- 20220810 Electricity Supply Contract Report - update 20220902 PDF 245 KB View as HTML (4) 12 KB