UTILITIESAPPROVED

Forest Preserve District of Will County Finance Committee Agenda Packet 2026-06-04

Constellation NewEnergy Awarded District Electricity Supply Contract

Estimated $0.08277/kWh (index rate); 36-month term covers 17 accounts; projected 31% savings vs ComEd; estimated total contract value not providedTown of CusterCONSTELLATION NEWENERGY INCJune 4, 2026

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Description

The Forest Preserve District Board approved a new 36-month electricity supply agreement with Constellation NewEnergy, Inc. Effective July 2026, this contract covers 17 electric accounts at an estimated index rate of $0.08277/kWh and is projected to save 31% compared to ComEd’s standard rate. The agreement offers flexibility for energy management and renewable energy projects.

Contract Details

Contract Amount

Estimated $0.08277/kWh (index rate); 36-month term covers 17 accounts; projected 31% savings vs ComEd; estimated total contract value not provided

Vendor

CONSTELLATION NEWENERGY INC

Agency

Town of Custer, IL

Contract Type

UTILITIES

Document Date

June 4, 2026

Contract Term

July 2026 – July 2029 (36 months)

Renewal Date

2029-07-01

Renewal Info

Three-year contract term; covers July 2026 to July 2029. No explicit auto-renewal but subject to possible holdover provisions per contract; new rates may apply after term.