City Signs 15-Year REC Sales Agreement with MMPA
City of East Grand ForksCity · East Grand Forks, MN- Disclosed value
- $3.00 per REC; 2025 example revenue $197,472 for 65,824 RECs
- From minutes
- Document date
- Jul 28, 2026
The 30-second brief
East Grand Forks and its Water & Light Department entered into a 15-year agreement with Minnesota Municipal Power Agency to sell Renewable Energy Credits at $3.00 per REC. The 2025 allotment of 65,824 RECs produced $197,472, with expected annual revenue near $200,000 and options for two five-year extensions.
Minnesota Municipal Power Agency holds this financial services contract with City of East Grand Forks. Its other public contracts on record include work for City of Olivia.
Term as filed: 15-year agreement starting in 2025 with two City options for five-year extensions.
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Contract details
- Contract type
- Financial Services
- Amount
- $3.00 per REC; 2025 example revenue $197,472 for 65,824 RECs
- Document date
- July 28, 2026
- Term
- 15-year agreement starting in 2025 with two City options for five-year extensions
- Agency
- City of East Grand Forks
- Source document
- City of East Grand Forks Minutes Work Session 2026-07-28 (Minutes)
Minnesota Municipal Power Agency's other public contracts
More City of East Grand Forks contracts
Questions about this contract
Who was awarded the financial services contract by City of East Grand Forks?
Minnesota Municipal Power Agency was awarded this financial services contract by City of East Grand Forks, as recorded on July 28, 2026. The contract value is $3.00 per REC; 2025 example revenue $197,472 for 65,824 RECs.
How much is the Minnesota Municipal Power Agency contract with City of East Grand Forks worth?
The Minnesota Municipal Power Agency contract with City of East Grand Forks is valued at $3.00 per REC; 2025 example revenue $197,472 for 65,824 RECs, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of East Grand Forks Minutes Work Session 2026-07-28 (Minutes), dated July 28, 2026 from City of East Grand Forks. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Minnesota Municipal Power Agency hold?
Minnesota Municipal Power Agency may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of East Grand Forks currently buying?
Explore City of East Grand Forks's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.