City of Revere Awards Technology Contract to Parallel Products Solar Energy LLC (April 2026)
- Disclosed value
- Approximately $800,000 in annual bill credits to low-income households (no direct City cost)
- From minutes
- Approved
- Apr 13, 2026
The 30-second brief
The Revere City Council approved a 20-year SMART 3.0 community solar agreement with Parallel Products Solar Energy, LLC to deliver about $800,000 in annual electric bill savings to roughly 2,300 low-income residents through the Revere Power Choice aggregation program. The City assumes only administrative responsibilities and may terminate the agreement without penalty if it leaves municipal aggregation.
Parallel Products Solar Energy LLC holds this technology contract with City of Revere. Its other public contracts on record include work for Revere School District and Revere Public Schools MA.
Term as filed: 20-year agreement; remains in effect while City operates municipal aggregation program.
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Contract details
- Contract type
- Technology
- Amount
- Approximately $800,000 in annual bill credits to low-income households (no direct City cost)
- Document date
- April 13, 2026
- Term
- 20-year agreement; remains in effect while City operates municipal aggregation program
- Agency
- City of Revere
- Source document
- City of Revere City Council Meeting Minutes April 13 2026 (Minutes)
Parallel Products Solar Energy LLC's other public contracts
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Questions about this contract
Who was awarded the technology contract by City of Revere?
Parallel Products Solar Energy LLC was awarded this technology contract by City of Revere, as recorded on April 13, 2026. The contract value is Approximately $800,000 in annual bill credits to low-income households (no direct City cost).
How much is the Parallel Products Solar Energy LLC contract with City of Revere worth?
The Parallel Products Solar Energy LLC contract with City of Revere is valued at Approximately $800,000 in annual bill credits to low-income households (no direct City cost), covering technology work.
What type of contract is this?
This is a Technology contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Revere City Council Meeting Minutes April 13 2026 (Minutes), dated April 13, 2026 from City of Revere. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Parallel Products Solar Energy LLC hold?
Parallel Products Solar Energy LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Revere currently buying?
Explore City of Revere's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.