It is resolved that:
(A) Council approve the purchase of 100 per cent renewable electricity in the next large market electricity contract;
(B) authority be delegated to the Chief Executive Officer to:
(i) manage the Expression of Interest (EOI) and Request For Tender (RFT) process and to accept the tender for the purchase, use and sale of electricity, including the renewable energy up to an amount equivalent to the City's total electricity consumption; and
(ii) negotiate, execute and administer contracts relating to the purchase, use and sale of electricity including the renewable energy up to an amount equivalent to the City's total electricity consumption for a period of up to seven years, and to negotiate, execute and administer contract variations, including a further extension of up to five years subject to the details within Confidential Attachment B to the subject report;
(C) Council note that the outcome of the EOI and RFT process will be circulated to Council via CEO update; and
(D) Council note that all Large-Scale Renewable Energy Certificates generated will be retired.
(E) the Chief Executive Officer be requested to include in the tender criteria wording to the effect that a tender is more likely to be successful where community-generated power is included in the tenderer’s proposal.