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City of Salem Minutes Regular Meeting 2026-04-23

Revolving Fund to Reimburse First Point Power Discounts

City of SalemFIRST POINT POWERApril 23, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Salem’s order related to BlueWave solar contracts establishes a revolving fund that will reimburse the city’s current municipal aggregation supplier, First Point Power, for discounts it provides to income-eligible residents. This mechanism is designed to integrate solar incentive payments with the city’s existing electric supply program.

Contract Details

Vendor

FIRST POINT POWER

Agency

City of Salem, MA

Contract Type

UTILITIES

Document Date

April 23, 2026

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