UTILITIESAPPROVED

City of Olney Awards Utilities Contract to Common Energy Llc (July 2026)

The Olney City Council approved Resolution 2026-R-70 authorizing a 25-year credit purchase agreement with Common Energy LLC for community solar credits on city electric accounts. The program is projected to save the City about $33,117 annually and more than $1 million over the life of the agreement, with a one-year termination option.

Status
APPROVED
Document date
July 27, 2026
Contract type
UTILITIES
Vendor
Common Energy Llc
Agency
City of Olney · IL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
UTILITIES
Contract term
25-year term with option to terminate with one-year notice
Renewal
Initial 25-year agreement includes a provision allowing the City to terminate with one-year notice if it is no longer in the City's best interest; no automatic renewal beyond the 25-year term is mentioned.
Document type
Minutes
Source document
City of Olney City Council Minutes 2026-07-27

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the utilities contract by City of Olney?

Common Energy Llc was awarded this utilities contract by City of Olney, as recorded on July 27, 2026.

What type of contract is this?

This is a Utilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Olney City Council Minutes 2026-07-27 (Minutes), dated July 27, 2026 from City of Olney. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Common Energy Llc hold?

Common Energy Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Common Energy Llc's profile

What is City of Olney currently buying?

Explore City of Olney's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Olney's profile

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