Vernon Township Council AgendaPacket June 8, 2026
Vernon Enters Power Contract with AEP Energy
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Description
Vernon Township entered into an electricity supply contract with AEP Energy, Inc. for a fixed rate of $0.12207 per kWh, following an online reverse auction process. The contract was signed in late May 2026.
Contract Details
Contract Amount
Energy Price: 0.12207 $/kWh (other service terms apply)
Vendor
AEP ENERGY INC
Agency
Township of Vernon, NJ
Contract Type
UTILITIES
Document Date
June 8, 2026
Renewal Info
Subject to terms and conditions in Attachment A-1. Standard renewal provisions as per agreement.
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