GREEN BAY, Wis., Feb. 5 /PRNewswire/ — Today, Great Lakes Utilities (GLU) and Wisconsin Public Service Corporation (WPSC) announced the signing of a long-term power supply agreement that will provide GLU with a power supply portfolio including renewable resources.
“We have been working with WPSC for many years to take advantage of their resources and ours,” said Nilaksh Kothari, Administrative Manager of GLU and General Manager of Manitowoc Public Utilities. “This new agreement provides GLU with the options to increase or decrease the amount of power that we take as our needs change. It is important for us to know that we have WPSC to help us as we grow as a new organization and add new members.”
GLU municipal utilities recently signed a member agreement committing to purchase their power supply needs through GLU over the next 25 years. GLU has now begun the process of acquiring power supply agreements from wholesale providers to match the needs of their member communities.
GLU Chair Joe Pacovsky, Marshfield Utilities, said, “This agreement is the first of several that we expect to sign to help us create a power supply portfolio combining economical products and services from multiple suppliers to continue providing some of the lowest rates in the Midwest to our customers.”
GLU municipal communities include Clintonville and Shawano served by Badger Power Marketing, Kiel, Manitowoc, Marshfield, Medford, Rice Lake, and Wisconsin Rapids.
“We are pleased to work with GLU and its member communities — many of which we have worked with over the years,” said Charlie Severance, WPSC General Manager – Wholesale Electric and Renewable Energy. “And we’re excited to be working with the new communities.”
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Source: Wisconsin Public Service Corporation
