January 17, 2013: At the most recent City Council Meeting, the majority of Council authorized additional funds for extra security systems and the final phase of West Monroe Partners services to finalize the Smart Grid project. This puts the spending about $1.7M over the original $22M budget. (See Daily Herald article here)
A separate agenda item in the meeting was to approve meter reading contract increase of $371,000. The purpose of this extra meter reading is expressly for the NSGI. Why does this extra expense not get added to the $23.7M NSGI tab?
In the meeting, it was stated that an additional project for Conservation Voltage Reduction (CVR) software is not included in this project. The original sales pitch to the Council included CVR, projecting hopeful savings of $19.3M over 15 years. What will this software do to prove these savings are occurring?
Video of the City Council meeting agenda item K1 can be seen here from about minute marker 01:40 to 01:57.