Village Approves One-Year Fixed-Rate Power Deal with New Wave Energy
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Description
The Board of Trustees approved a one-year fixed-rate electricity contract with New Wave Energy at $0.118 per kWh for all Village commercial accounts, projected to save about $14,000 annually. The Mayor is authorized to execute the agreement pending legal review.
Contract Details
Contract Amount
Estimated savings of $14,000.00 annually (rate $0.118/kWh)
Vendor
NEW WAVE ENERGY
Agency
Village of Ballston Spa, NY
Contract Type
UTILITIES
Document Date
March 23, 2026
Contract Term
1 year fixed rate
Renewal Info
Initial one-year fixed-rate term; future renewals or extensions would require separate Board approval.
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