Board reviews proposed Kearsarge Energy PILOT
Town of MiddleboroughCity · Middleborough, MA- Disclosed value
- $11,000 per year with a 1.5% escalator (Select Board member suggested 2.5%)
- From minutes
- Document date
- May 18, 2026
The 30-second brief
Kearsarge Energy outlined a proposed twenty-year PILOT tax agreement tied to a battery energy storage facility on Jericho Road, with annual payments starting at $11,000 and an escalator. The Select Board expressed general support but requested further details, including fire safety assurances and a draft agreement, before taking action.
Kearsarge Energy holds this financial services contract with Town of Middleborough. Its other public contracts on record include work for Town of Hampton and Town of Weare.
Term as filed: Twenty years (proposed term with Middleborough Gas & Electric).
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Contract details
- Contract type
- Financial Services
- Amount
- $11,000 per year with a 1.5% escalator (Select Board member suggested 2.5%)
- Document date
- May 18, 2026
- Term
- Twenty years (proposed term with Middleborough Gas & Electric)
- Vendor
- Kearsarge Energy
- Agency
- Town of Middleborough
- Source document
- Middleborough Select Board Meeting Minutes 2026-05-18 (Minutes)
Kearsarge Energy's other public contracts
More Town of Middleborough contracts
Questions about this contract
Who was awarded the financial services contract by Town of Middleborough?
Kearsarge Energy was awarded this financial services contract by Town of Middleborough, as recorded on May 18, 2026. The contract value is $11,000 per year with a 1.5% escalator (Select Board member suggested 2.5%).
How much is the Kearsarge Energy contract with Town of Middleborough worth?
The Kearsarge Energy contract with Town of Middleborough is valued at $11,000 per year with a 1.5% escalator (Select Board member suggested 2.5%), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Middleborough Select Board Meeting Minutes 2026-05-18 (Minutes), dated May 18, 2026 from Town of Middleborough. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Kearsarge Energy hold?
Kearsarge Energy may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Town of Middleborough currently buying?
Explore Town of Middleborough's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.