At the Regular Council Meeting on September 16, staff provided an update on the Neighbourhood Energy Utility Preliminary Design Report. Council endorsed the report and the following next steps: 

• Report back to Council in fall 2025 with the completed business case, including user rate analysis, capital structure, and cost allocation and recovery.
• Prepare a Request for Expressions of Interest (RFEOI) to start selecting a private utility partner in a design build finance operate maintain (DBFOM) arrangement.
• Develop NEU connection guidelines to provide specifications to ensure new construction is compatible with the NEU.
• Implement a NEU service area bylaw which, would set the Moody Centre buildout in which new developments within that boundary would be required to connect to the NEU.
• Consult with instream developers on design interface between building and NEU.  

More information is available in the full staff report.