City of Watertown FY2027 Budget
City Challenges Engie Electricity Contract Over Rate Hikes
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Description
Watertown references an existing multi-year electricity supply contract with Engie Resources, noting recent billing at rates 30% above the agreed fixed price. The City has challenged the increases before state regulators while continuing to budget conservatively for higher utility costs in FY2027.
Contract Details
Vendor
ENGIE RESOURCES
Agency
City of Watertown, MA
Contract Type
UTILITIES
Document Date
May 1, 2026
Contract Term
multi-year contract (exact dates not stated)
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