Town of Lucama Minutes Special-Called Meeting 2026-05-07
Power Supply Contract Amended with Carolina Power Partners
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Description
The Lucama Board of Commissioners approved Amendment #4 to the Power Supply Agreement with Carolina Power Partners, extending their electricity supply contract through December 31, 2037. The amendment allows for generator installation with a capacity credit and maintains existing rates.
Contract Details
Vendor
CAROLINA POWER PARTNERS
Agency
Town of Lucama, NC
Contract Type
UTILITIES
Document Date
May 7, 2026
Contract Term
Extended to December 31, 2037
Renewal Date
2037-12-31
Renewal Info
Fourth Amendment extends existing agreement by ten years, with no change in rates. Prior end date was 12/31/2027; now extended to 12/31/2037. Amendment allows generator installation/credit.
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