Henderson City Council Minutes 2026-05-19
30-Year Electric Franchise Granted to SWEPCO
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Description
The City of Henderson granted Southwestern Electric Power Company (SWEPCO) a 30-year non-exclusive franchise agreement allowing the company to operate and maintain electric lines and related infrastructure throughout the city. The agreement sets monthly franchise fee payments based on kilowatt hours delivered.
Contract Details
Contract Amount
Calculated monthly per $0.002076/kWh delivered within city limits
Vendor
SOUTHWESTERN ELECTRIC POWER COMPANY (SWEPCO)
Agency
City of Henderson, TX
Contract Type
UTILITIES
Document Date
May 19, 2026
Contract Term
May 12, 2026 – May 12, 2056 (30 years)
Renewal Date
2056-05-12
Renewal Info
Expires May 12, 2056; requires written acceptance by SWEPCO within 90 days. Renewal is subject to future council action.
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