City of Monroe AgendaPacket 2026-05-12
Monroe Approves Amended Power Sales Agreements With NCMPA1
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Description
The Monroe City Council approved Ordinance O-2026-18 authorizing the Mayor and Clerk to execute an Amended and Restated Project Power Sales Agreement and an Amended and Restated Supplemental Power Sales Agreement with North Carolina Municipal Power Agency Number 1 for continued wholesale electric power supply from the Catawba Nuclear Project. The action formalizes Monroe’s consent to the Agency’s broader power purchase restructuring and related economic arrangements.
Contract Details
Vendor
NORTH CAROLINA MUNICIPAL POWER AGENCY NUMBER 1
Agency
City of Monroe, NC
Contract Type
UTILITIES
Document Date
May 12, 2026
Renewal Info
Ordinance O-2026-18 authorizes execution of amended and restated project and supplemental power sales agreements, replacing prior versions; specific expiration or renewal provisions are contained within those agreements but are not detailed in the agenda text.
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