County of Monmouth Resolution Affirming an Agreement with WGL Energy Services, Inc. 2026-06-11
Monmouth County Affirms $7.3M Electric Supply Contract
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Description
The County of Monmouth affirmed a 24‑month electric supply service agreement with WGL Energy Services, Inc. for RSCP accounts in Bid Group 2, totaling $7,349,111.98 from the December 2026 to December 2028 meter read dates. The resolution authorizes execution of the contract and certifies initial 2026 funding, with future payments contingent on annual budget appropriations.
Contract Details
Contract Amount
$7,349,111.98
Vendor
WGL ENERGY SERVICES INC
Agency
County of Monmouth, NJ
Contract Type
UTILITIES
Document Date
June 11, 2026
Contract Term
December 2026 meter read date through December 2028 meter read date (twenty-four (24) months)
Renewal Date
2028-12-31
Renewal Info
Base term runs 24 months from the December 2026 meter read through the December 2028 meter read; no explicit renewal or extension options are described in the resolution. Commitments beyond the current budget year are subject to future budget appropriations.
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