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UTILITIESAPPROVED

City of Charlotte Meeting Agenda 2026-06-08

Duke Energy Carolinas Secures Multi-Year Airport Energy Contracts

Terminal Expansion East: $1,164,913.20; Terminal Expansion West: $1,163,235.60; Concourse A Expansion Phase 2: $580,356; Central Energy Plant: $1,053,014.40City of CharlotteDUKE ENERGY CAROLINAS LLCJune 8, 2026

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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IANS Research logo

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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