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Town of Peace River Special Meeting Agenda April 2026

Town Continues Long-Term Electricity Deal With AMSC

$0.0695 per kilowatt hour of electricity; 2025 electricity cost $980,773Town of Peace RiverALBERTA MUNICIPAL SERVICES CORPORATIONApril 20, 2026

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Motive logo
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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Description

The Town of Peace River maintains an energy services agreement with Alberta Municipal Services Corporation to supply electricity at $0.0695 per kilowatt hour through December 31, 2029. In 2025 the Town incurred electricity costs of $980,773 under this contract.

Contract Details

Contract Amount

$0.0695 per kilowatt hour of electricity; 2025 electricity cost $980,773

Vendor

ALBERTA MUNICIPAL SERVICES CORPORATION

Agency

Town of Peace River, Canada

Contract Type

UTILITIES

Document Date

April 20, 2026

Contract Term

August 4, 2022 – December 31, 2029

Renewal Date

2029-12-31

Renewal Info

Energy services agreement effective August 4, 2022, amended September 5, 2023, with a fixed term to December 31, 2029; renewal terms beyond 2029 are not specified.

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