CONTRACTAPPROVED

City of Salem Awards Professional Services Contract to Aep Energy Partners (February 2026)

Disclosed value: Estimated $75,000 to $115,000 (annual fee); From minutes
Approved: Feb 9, 2026
Renews: Mar 2027; Free account

What it covers

Salem City Council approved a one-year market participation and energy management agreement with AEP Energy Partners, allowing the City to access PJM auction revenue rights and avoid immediate capital requirements. The contract carries an annual fee between $75,000 and $115,000, with an option to renew for a second year.

Who holds it

Aep Energy Partners holds this professional services contract with City of Salem. Its other public contracts on record include work for City of Hagerstown.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Salem contract.

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Contract details

Contract type: Professional Services
Amount: Estimated $75,000 to $115,000 (annual fee)
Document date: February 9, 2026
Term: 1 year, with option to renew for 1 additional year
Renews: Free account
Vendor: Aep Energy Partners
Agency: City of Salem
Source document: City of Salem City Council Minutes February 9 2026 (Minutes)

Aep Energy Partners's other public contracts

City of Salem, VirginiaCouncil Authorizes FTR Authority Under AEP Energy Contract · Apr 13, 2026 City of Salem, VirginiaExisting AEP Energy Partners Electric Supply Agreement · Mar 23, 2026Undisclosed City of Salem, VirginiaAEP Energy Partners Agreement Amended for Energy Scheduling · Mar 23, 2026Undisclosed City of Hagerstown, MarylandAEP Energy Partners Supplies Wholesale Power Through 2026 · Mar 10, 2026 City of Salem, VirginiaSalem Approves Energy Contract with AEP Energy Partners · Feb 23, 2026Undisclosed All Aep Energy Partners contractsVendor profile

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Questions about this contract

Who was awarded the professional services contract by City of Salem?

Aep Energy Partners was awarded this professional services contract by City of Salem, as recorded on February 9, 2026. The contract value is Estimated $75,000 to $115,000 (annual fee).

How much is the Aep Energy Partners contract with City of Salem worth?

The Aep Energy Partners contract with City of Salem is valued at Estimated $75,000 to $115,000 (annual fee), covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Salem City Council Minutes February 9 2026 (Minutes), dated February 9, 2026 from City of Salem. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Aep Energy Partners hold?

Aep Energy Partners 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 City of Salem currently buying?

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

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