Burlington Electric Commission Minutes Regular Meeting 2026-05-13
Hancock Wind Contract Set to Expire
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Description
Burlington Electric Department’s wind power contract with Hancock is set to expire ahead of FY27, with replacement supply modeled on current energy forward prices. The expiration is integrated into the FY27 budget and long-term power supply strategy.
Contract Details
Vendor
HANCOCK
Agency
Burlington International Airport (City of Burlington, Department of Aviation), VT
Contract Type
OTHER
Document Date
May 13, 2026
Contract Term
Contracts expire prior to FY27; replacements modeled on current energy forwards
Renewal Info
Existing Hancock wind power contract is expiring; BED is not assuming a renewal and is instead modeling replacement energy purchases on forward markets.
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Burlington International Airport (City of Burlington, Department of Aviation)
Airport Authority
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