CONTRACTPENDING

Solar Power Purchase Agreement Negotiations with Prospect14 Continue

Borough of State College logoBorough of State College
Disclosed value
$0.05755/kWh (proposed), 15-year term, escalator 2.5%
From agenda
Document date
Dec 15, 2025
Term
15 years (from June/July 2025)
Renews
Free account

The 30-second brief

What it covers

Prospect14's revised PPA offer for solar power—now $0.05755/kWh over 15 years—remains under review with Centre County Solar Group. The group must decide whether to accept, renegotiate, or terminate the PPA.

Who holds it

PROSPECT14 holds this energy contract with Borough of State College. Its other public contracts on record include work for Town of Patton and Town of Harris.

What happens next

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

Renewal date on recordLocked

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Contract details

Contract type
Energy
Amount
$0.05755/kWh (proposed), 15-year term, escalator 2.5%
Document date
December 15, 2025
Term
15 years (from June/July 2025)
Renews
Free account
Source document
borough_of_state_college_council_meeting_agenda_de.pdf (Agenda)

PROSPECT14's other public contracts

More Borough of State College contracts

Questions about this contract

Who was awarded the energy contract by Borough of State College?

PROSPECT14 was awarded this energy contract by Borough of State College, as recorded on December 15, 2025. The contract value is $0.05755/kWh (proposed), 15-year term, escalator 2.5%.

How much is the PROSPECT14 contract with Borough of State College worth?

The PROSPECT14 contract with Borough of State College is valued at $0.05755/kWh (proposed), 15-year term, escalator 2.5%, covering energy work.

What type of contract is this?

This is a Energy contract, documented as a agenda record.

Where was this contract approved?

This contract appears in borough_of_state_college_council_meeting_agenda_de.pdf (Agenda), dated December 15, 2025 from Borough of State College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does PROSPECT14 hold?

PROSPECT14 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 Borough of State College currently buying?

Explore Borough of State College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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