Lebanon City Council Minutes 2026-03-24
Council Considers Long-Term Power Purchase from AMP
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Description
Council introduced a pending 15-year power purchase contract with American Municipal Power (AMP) for 10MW base load from 2027 to 2041 to secure stable rates and diversify electricity supply.
Contract Details
Contract Amount
Estimated 15-year avg: $59.67/MWh; Potomac component: $63.67-$68.67/MWh
Vendor
AMERICAN MUNICIPAL POWER (AMP)
Agency
City of Lebanon, OH
Contract Type
UTILITIES
Document Date
March 24, 2026
Contract Term
2027 – 2041 (15 years)
Renewal Date
2041-12-31
Renewal Info
Initial contract for years 2027-2041; renewal not stated.
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