Solar PPA Negotiations Ongoing with Prospect14
Borough of State CollegeCity · State College, PA- Disclosed value
- original PPA: $0.04590/kWh; proposed revised PPA: $0.05755/kWh with 2.5% escalator
- From agenda
- Document date
- Dec 15, 2025
- Term
- 15 years (PPA June 2025 - 2040)
- Renews
- Free account
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THE 30-SECOND BRIEF
State College Borough and regional entities are negotiating a 15-year solar power purchase agreement with Prospect14. Contract terms are under review after proposed price increases from $0.04590/kWh to $0.05755/kWh, eliminating expected cost savings. Further negotiations continue.
PROSPECT14 holds this contract with Borough of State College. Its other public contracts on record include work for Town of Patton and Town of Harris.
The renewal date is on record. A free account shows it, with the renewals for every Borough of State College contract.
Contract details
- Amount
- original PPA: $0.04590/kWh; proposed revised PPA: $0.05755/kWh with 2.5% escalator
- Document date
- December 15, 2025
- Term
- 15 years (PPA June 2025 - 2040)
- Renews
- Free account
- Vendor
- PROSPECT14
- Agency
- Borough of State College
- Source document
- borough_of_state_college_council_regular_meeting_a.pdf (Agenda)
PROSPECT14's other public contracts
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Questions about this contract
Who was awarded the government contract by Borough of State College?
PROSPECT14 was awarded this government contract by Borough of State College, as recorded on December 15, 2025. The contract value is original PPA: $0.04590/kWh; proposed revised PPA: $0.05755/kWh with 2.5% escalator.
How much is the PROSPECT14 contract with Borough of State College worth?
The PROSPECT14 contract with Borough of State College is valued at original PPA: $0.04590/kWh; proposed revised PPA: $0.05755/kWh with 2.5% escalator.
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in borough_of_state_college_council_regular_meeting_a.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.