Greater Latrobe could earn up to $40,000 with new energy pact



The Greater Latrobe School Board on Tuesday approved a three-year contract with a Delmont-based energy consulting firm that should result in the district's being paid between $30,000 and $40,000 during the life of the agreement for reducing its energy usage.

KeyTex Energy LLC, which seeks to obtain low-cost electricity through contracts with electricity suppliers and distribution companies, is expected to pay the district about $4,000 in the first year of the pact, and more money in the second and third years of the agreement, said Daniel Watson, the district's business manager. In order to be paid the money under the contract, which takes effect July 1, the district must follow procedures for reducing energy capacity during an annual shutdown.

During the past two years, KeyTex paid the school district about $40,000 as a result of its following procedures for energy curtailment.

KeyTex principal owner Gregory Cammerata told the school board last week that the district could even save money on its energy costs because the price of electricity is dropping.

 


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