City of Charlevoix AgendaPacket Regular Meeting 2026-06-15
City Approves Future Power Capacity Purchase with MPPA
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Description
Charlevoix authorized a not-to-exceed $54,000 power capacity purchase through the Michigan Public Power Agency for Planning Year 2030-2031. The Zonal Resource Credit commitment helps the city meet MISO resource adequacy requirements without changing existing electric rates.
Contract Details
Contract Amount
Not to exceed $54,000.00
Vendor
MICHIGAN PUBLIC POWER AGENCY
Agency
Town of Charlevoix, MI
Contract Type
UTILITIES
Document Date
June 15, 2026
Contract Term
June 1, 2030 – May 31, 2031
Renewal Date
2031-05-31
Renewal Info
One-year power purchase commitment under the existing Energy Service Agreement, for Planning Year 2030/2031 only, with no automatic renewal stated.
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