Wadsworth City Council Public Service Committee Minutes April 2026
City Advances 2027–2030 Power Supply Agreement With AMP
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Description
Wadsworth’s Public Service Committee advanced an ordinance to authorize a 2027–2030 Fixed Volume Energy Supply Schedule with American Municipal Power, Inc. to replace an expiring 5 MW block of wholesale power. The agreement will secure 24x7 base-load energy at a rate expected near $0.055 per kilowatt hour, subject to a cap of $0.059 per kilowatt hour.
Contract Details
Vendor
AMERICAN MUNICIPAL POWER INC (AMP)
Agency
Town of Wadsworth, OH
Contract Type
UTILITIES
Document Date
April 14, 2026
Contract Term
January 2027 – December 2030
Renewal Date
2030-12-31
Renewal Info
New fixed-volume energy supply schedule for 2027–2030 to replace an existing contract expiring end of 2026; rate will be locked for term once AMP executes within the authorized price cap. Future renewals or replacements will be staggered with other power resources to manage portfolio risk.
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