City of Wilmington City Council Agenda Packet May 19, 2026
City Signs Fixed-Price Power Deal with Constellation
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Description
The City of Wilmington executed a fixed-price electricity supply agreement with Constellation NewEnergy, Inc. for its COMED account at 0 S Corner Joliet Rt/23 at $0.04171 per kWh. The contract runs from about July 22, 2026 through May 20, 2028 under the NIMEC cooperative bid process.
Contract Details
Vendor
CONSTELLATION NEWENERGY INC
Agency
Wilmington village, IL
Contract Type
UTILITIES
Document Date
May 19, 2026
Contract Term
Approximately July 22, 2026 to May 20, 2028
Renewal Date
2028-05-20
Renewal Info
Agreement may continue on a month-to-month holdover basis after the scheduled end date unless terminated; any extension would be billed at LMP-based holdover pricing.
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