Derry Area School District Regular Meeting Agenda 2026-05-07
Six-Month Electricity Contract Approved With AEP Energy
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Description
The Board approved a six-month electricity supply contract with AEP Energy, Inc. at a fixed rate of $0.08762 per kWh, reflecting a 6% rate increase over the district's current contract. KeyTex Energy recommended the agreement for the April/May through October/November 2026 period.
Contract Details
Contract Amount
$0.08762/kWh fixed rate
Vendor
AEP ENERGY INC
Agency
Derry Area SD, PA
Contract Type
UTILITIES
Document Date
May 7, 2026
Contract Term
Approximately April/May 2026 through October/November 2026 (6 months)
Renewal Date
2026-11-30
Renewal Info
Short-term six-month fixed-rate electricity contract; future renewals or rebids will be required after October/November 2026.
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Derry Area School District Regular Meeting Agenda 2026-05-07
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