Brunswick City Committee-of-the-Whole Agenda Feb 2024
Electric Power Supply Contract Awarded to NextEra Energy Services
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Description
Brunswick City Council approved a 24-month contract with NextEra Energy Services Ohio, LLC to provide electric power for city operations through NOPEC at a fixed rate of $0.0555 per kWh starting April 2024. The contract covers all city buildings, lighting, and related functions.
Contract Details
Contract Amount
$0.0555 per kilowatt hour (variable by actual usage)
Vendor
NEXTERA ENERGY SERVICES OHIO LLC
Agency
Town of Brunswick Hills, OH
Contract Type
UTILITIES
Document Date
February 26, 2024
Contract Term
24 months, April 2024 – March 2026 (based on meter read dates)
Renewal Date
2026-03-31
Renewal Info
After the initial 24-month term, the agreement continues month-to-month at a variable Holdover Price absent renewal or termination, with a 30-day written notice required for either party to terminate post-term.
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