By Lora-Marie Bernard
The Galveston County Commissioners Court recently approved a new deal with TXU Energy that will save about $250,000 a year, or $1.5 million over the term of the six-year contract.
County Judge Mark Henry said commissioners wanted to ensure that taxpayers received the best possible deal when they researched the electric rates for county buildings and facilities.
“We conducted an exhaustive review of our electric needs and what suppliers were offering, and TXU Energy was by far the most compelling and allowed us to lock-in historic low rates,” he said.
Commissioners unanimously approved the agreement at a regular schedule meeting on June 20. With this electric deal Galveston County follows the trend of other Texas cities, like Dallas and Arlington, which have left aggregators and sought bids as stand-alone governments.
TXU Energy’s bid came in at $90,000 below the current aggregators bid.
A press release stated that TXU Energy pledged to plant trees in Galveston County and offered $35,000 in energy saving rebates. The rebates can be used to purchase items such as new LED lighting, saving taxpayers even more on electric costs, according to Gabe Castro, vice president of business markets at TXU Energy.
“We are grateful and excited that TXU Energy has been chosen by Galveston County to provide its power through this multiyear plan that uniquely meets the county’s specific needs and saves taxpayers’ money,” Castro said.