30-Year Electric Franchise Pending with SWEPCO
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Description
The Henderson City Council conducted the first reading of Ordinance 2026-05-02, granting Southwestern Electric Power Company (SWEPCO) a non-exclusive, 30-year electric utility franchise. SWEPCO will pay monthly fees to the City based on electricity delivered to retail customers in Henderson. Final adoption is scheduled for June 16, 2026.
Contract Details
Contract Amount
Based on $0.002076 per kWh delivered within City limits (variable monthly)
Vendor
SOUTHWESTERN ELECTRIC POWER COMPANY
Agency
City of Henderson, TX
Contract Type
UTILITIES
Document Date
May 19, 2026
Contract Term
May 12, 2026 – May 12, 2056 (30 years)
Renewal Date
2056-05-12
Renewal Info
Franchise may be superseded by state law during the 30-year term. Ordinance surrenders the previous franchise.
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City of Henderson Agenda Regular Council Meeting 2026-06-16
City of Henderson Agenda Regular Council Meeting 2026-06-16
Henderson City Council Minutes 2026-05-19
Henderson City Council Minutes 2026-05-19
Henderson City Council Minutes 2026-05-19
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