South Jersey Transportation Authority Board of Commissioners Meeting Agenda 2026-05-20
SJTA Amends and Partially Terminates Onyx Solar PPAs
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Description
The South Jersey Transportation Authority plans to amend its solar power purchase agreements with Onyx Development Group LLC, fixing the energy rate at $0.07/kWh and shortening the term to 15 years for Interchanges 9 and 28. The agreement for Interchange 33 East will be terminated because projected energy savings do not justify proceeding.
Contract Details
Vendor
ONYX DEVELOPMENT GROUP LLC
Agency
Atlantic City Airport Authority, NJ
Contract Type
UTILITIES
Document Date
May 20, 2026
Contract Term
For Interchanges 9 and 28, term changed from 20 years to 15 years; Interchange 33 East agreement terminated
Renewal Info
Existing long-term power purchase agreements are amended to adjust rates, output, and term for Interchanges 9 and 28 and to terminate the Interchange 33 East agreement; no additional renewal options are described in the resolution text.
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