City of Salem Regular Meeting Minutes 2026-04-23
Revolving Fund Set to Reimburse First Point Power
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Description
The Salem City Council created a revolving fund through which incentive payments from BlueWave will reimburse municipal aggregation supplier First Point Power for discounts extended to income-eligible residents. This financial mechanism supports the new solar-linked discount program under Salem Power Choice.
Contract Details
Vendor
FIRST POINT POWER
Agency
City of Salem, MA
Contract Type
UTILITIES
Document Date
April 23, 2026
Renewal Info
First Point Power is identified as the current municipal aggregation supplier; continuation or renewal of its underlying supply contract is not specified in this document.
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