Alexandria, Cleco reach agreement

ALEXANDRIA, La. — The city of Alexandria and Cleco Power LLC have reached a 20-year power-supply agreement.

The agreement, which includes cooperating recruiting new industrial investment to the city, will take effect when the current contract ends in 2015

The contract includes a tiered structure along with tiered pricing beginning at a 30-megawatt capacity minimum. In addition, the company said, the contract contains growth-based elements that align Cleco and Alexandria to attract and serve new industrial load in the Alexandria market.

The city and Cleco have been operating under a five-year agreement, with options for two one-year extensions, that was announced in early 2010.

St. Mary Now & Franklin Banner-Tribune

Franklin Banner-Tribune
P.O. Box 566, Franklin, LA 70538
Phone: 337-828-3706
Fax: 337-828-2874

Morgan City Daily Review
P.O. Box 948, Morgan City, LA 70381
Phone: 985-384-8370
Fax: 985-384-4255

Follow Us