EPWater approves 40‑year interim wholesale water pact
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Description
El Paso Water Utilities – Public Service Board approved an interim wholesale water supply contract with Iron Pointe Municipal Utility District for Phase I of the District’s development. EPWater will provide potable water for up to 1,359 LUEs at an interim wholesale rate currently calculated at $5.58 per CCF for an initial term of forty years, with annual rate updates based on cost-of-service analysis. The District will construct the necessary offsite main extension and handle its own wastewater services.
Contract Details
Contract Amount
Interim wholesale water rate currently calculated at $5.58 per CCF or $7.47 per 1,000 gallons for FY 2026-27, subject to annual adjustment
Vendor
IRON POINTE MUNICIPAL UTILITY DISTRICT
Agency
El Paso Water, TX
Contract Type
UTILITIES
Document Date
May 13, 2026
Contract Term
Initial term of forty (40) years from the Effective Date, then automatic year-to-year renewals unless replaced by a new wholesale service agreement or terminated per contract
Renewal Info
Contract runs for an initial forty (40) years from the Effective Date or until replaced by a comprehensive wholesale service agreement; prior to expiration, parties will negotiate an extension in good faith. If no extension is agreed at the end of the initial term, the contract automatically renews on a year‑to‑year basis under the same terms unless terminated with one‑year written notice or for default as provided in Section 2.02.
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