Mt. Vernon City Council Minutes December 2025
Council approves 30-year solar power deal with KPH IL44
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Description
The Mt. Vernon City Council approved Resolution #2025-47 for a 30-year solar power purchase agreement with KPH IL44, LLC to build a solar farm on 5 acres at the wastewater treatment plant. The deal locks in a $0.0659 per kWh rate with projected savings of about $3.2 million over the term.
Contract Details
Vendor
KPH IL44 LLC
Agency
City of Mount Vernon, IL
Contract Type
UTILITIES
Document Date
December 15, 2025
Contract Term
30-year commitment
Renewal Date
2055-12-15
Renewal Info
Agreement is a 30-year power purchase commitment with options at the end of term including system donation, removal at no cost, or negotiation of a new PPA, plus interim buyout options based on fair market value.
More from KPH IL44 LLC
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City of Mt. Vernon Council Meeting Agenda May 2026
AMENDEDCity of Mt. Vernon Minutes Regular City Council Meeting 2026-05-04
AMENDEDcity_of_mt_vernon_regular_city_council_meeting_age.pdf
PENDINGMore from City of Mount Vernon
City of Mt. Vernon Council Meeting Agenda May 2026
City of Mt. Vernon Minutes Regular City Council Meeting 2026-05-04
City of Mt. Vernon Council Meeting Agenda April 2026
City of Mt. Vernon Council Meeting Agenda April 2026
City of Mt. Vernon Council Meeting Minutes April 2026
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