Authorize negotiation and execution of a battery storage agreement with Base Power, Inc., for up to 40 megawatts of electric power capacity from a distribution-scale battery facility portfolio, in an estimated amount of up to $4,080,000 per year, for a term up to 10 years, for a total estimated amount of up to $40,800,000. Funding: $4,080,000 is available in the 2025-2026 Operating Budget of Austin Energy. Funding for the remaining contract term is contingent upon available funding in future bud

Staff Report & Agenda Item Details

Authorize negotiation and execution of a battery storage agreement with Base Power, Inc., for up to 40 megawatts of electric power capacity from a distribution-scale battery facility portfolio, in an estimated amount of up to $4,080,000 per year, for a term up to 10 years, for a total estimated amount of up to $40,800,000. Funding: $4,080,000 is available in the 2025-2026 Operating Budget of Austin Energy. Funding for the remaining contract term is contingent upon available funding in future budgets.