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  • Guzman Energy Selected as Wholesale Power Supply Partner for the City of Great Falls

Guzman Energy Selected as Wholesale Power Supply Partner for the City of Great Falls

Key Highlights:

  • Fixed wholesale power pricing for the City of Great Falls

  • Selected through a public RFP process among five respondents

  • Contract ensures firm and reliable electric supply

  • Partnership begins November 1, 2024

Source (Business Wire)

Notable Quotes:

“As a Montana municipality, the City of Great Falls is in a unique position to purchase electricity on the open market. The City’s goal is to find electric rates that are stable, predictable, and affordable to the taxpayers of Great Falls. We look forward to this new partnership with Guzman.”

Greg Doyon, City Manager at City of Great Falls

“The City of Great Falls, MT is a great example of municipalities working proactively to have certainty around their wholesale power supply cost. We’re delighted to be partnered with them for reliable, fixed price wholesale power.”

Jeffrey M. Heit, Principal, Managing Director at Guzman Energy

Our Take:

The partnership between Guzman Energy and the City of Great Falls marks a significant step towards securing stable and predictable energy costs for the municipality. By opting for a fixed wholesale power pricing model, Great Falls can effectively manage its budgeting and planning processes, ultimately benefiting its taxpayers. Guzman Energy's selection through a competitive public RFP process underscores their competitive pricing and advantageous delivery terms, solidifying their reputation as a reliable power provider. This strategic move also expands Guzman Energy's footprint beyond New Mexico and Colorado, showcasing their growing influence in the U.S. energy market.