city-of-sullivan-city-council-meeting-minutes-july-10-2023_227.pdf
IPEA secures five-year natural gas sales agreement
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Description
Ordinance 23-19 approved, authorizing a five-year natural gas sales agreement with IPEA, commencing after the current contract expires in 2024. The city saved $479,630 in fiscal year 2021-2022 and $407,000 in fiscal year 2022-2023 by participating in this hedging program.
Contract Details
Contract Amount
NA
Vendor
ILLINOIS PUBLIC ENERGY AGENCY
Agency
Sullivan Fire Protection District, IL
Contract Type
Natural Gas Sales Agreement
Document Date
July 10, 2023
Contract Term
5 year contract that will start once the current contract expires in 2024
Renewal Date
NA
Renewal Info
NA
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