Town of Amherst Valley Green Energy Working Group Minutes 2026-03-11
VGE considers extending First Point power contract
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Description
The Valley Green Energy Working Group discussed using cost savings from reduced REC purchases to negotiate a 1–2 year extension of its electricity supply contract with First Point. An amendment to the current First Point contract may be prepared in advance pending community authorization and favorable pricing.
Contract Details
Vendor
FIRST POINT
Agency
City of Amherst, MA
Contract Type
UTILITIES
Document Date
March 11, 2026
Contract Term
Current electricity supply contract through November 2025, with potential 1–2 year extension
Renewal Info
Group is considering authorizing an extension of the current First Point supply contract for 1–2 additional years if monitored daily prices remain favorable; any extension would be executed via amendment to the existing agreement.
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