Duke Energy Carolinas Secures Multi-Year Airport Energy Contracts
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Description
Duke Energy Carolinas, LLC will provide electric power services to several airport expansion projects under multi-year agreements approved by Council. Service terms range from five to ten years before converting to year-to-year renewals, supporting major airport upgrades.
Contract Details
Contract Amount
Terminal Expansion East: $1,164,913.20; Terminal Expansion West: $1,163,235.60; Concourse A Expansion Phase 2: $580,356; Central Energy Plant: $1,053,014.40
Vendor
DUKE ENERGY CAROLINAS LLC
Agency
City of Charlotte, NC
Contract Type
UTILITIES
Document Date
June 8, 2026
Contract Term
Terminal expansions: 10 years, then year-to-year; Central Energy Plant: 5 years, then year-to-year
Renewal Date
2036-06-08
Renewal Info
Agreements automatically convert to year-to-year after initial term; rates subject to regulatory adjustment.
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