Village of Chagrin Falls AgendaPacket 2026-06-22
AEP Energy Contract Planned For Village Facilities
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Description
The Village of Chagrin Falls plans to authorize a Master Energy Purchase Agreement with AEP Energy, Inc. for retail electric service to multiple Village facilities at a fixed per‑kilowatt‑hour rate. The agreement will begin when the current NextEra Energy power contract expires in July 2026 and is intended to lock in favorable energy pricing.
Contract Details
Contract Amount
$_______ per kilowatt hour
Vendor
AEP ENERGY INC
Agency
Chagrin Falls village, OH
Contract Type
UTILITIES
Document Date
June 22, 2026
Contract Term
Not specified; replaces 36‑month contract ending July 2026
Renewal Info
Intended to follow a 36‑month Competitive Retail Electric Service Contract with NextEra Energy Services Ohio, LLC; the new agreement’s duration and renewal options are not specified in the ordinance text.
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