Mahtomedi Reviews Xcel Energy Franchise Fee Agreement
City of MahtomediCity · Mahtomedi, MN- Disclosed value
- 3% fee on all electric customers and 3% fee on all gas customers; approximately $375,000 in 2027 franchise fee revenue
- From agendapacket
- Document date
- Oct 20, 2026
- Renews
- Free account
The 30-second brief
Mahtomedi reviewed its ongoing electric and gas franchise fee agreement with Xcel Energy. The agreement currently imposes a 3% fee on electric and gas customers and is expected to generate approximately $375,000 in 2027; officials discussed a possible increase to 5%.
Xcel Energy holds this utilities contract with City of Mahtomedi. Its other public contracts on record include work for Bird Island-Olivia-Lake Lillian Public School Dist and Pipestone Area School District.
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Contract details
- Contract type
- Utilities
- Amount
- 3% fee on all electric customers and 3% fee on all gas customers; approximately $375,000 in 2027 franchise fee revenue
- Document date
- October 20, 2026
- Term
- Current agreement; franchise fee schedule effective May 2025 through February 3, 2045
- Renews
- Free account
- Vendor
- Xcel Energy
- Agency
- City of Mahtomedi
- Source document
- City of Mahtomedi AgendaPacket Joint City Council and Finance Commission Meeting 2026-10-20 (AgendaPacket)
Xcel Energy's other public contracts
More City of Mahtomedi contracts
Questions about this contract
Who was awarded the utilities contract by City of Mahtomedi?
Xcel Energy was awarded this utilities contract by City of Mahtomedi, as recorded on October 20, 2026. The contract value is 3% fee on all electric customers and 3% fee on all gas customers; approximately $375,000 in 2027 franchise fee revenue.
How much is the Xcel Energy contract with City of Mahtomedi worth?
The Xcel Energy contract with City of Mahtomedi is valued at 3% fee on all electric customers and 3% fee on all gas customers; approximately $375,000 in 2027 franchise fee revenue, covering utilities work.
What type of contract is this?
This is a Utilities contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Mahtomedi AgendaPacket Joint City Council and Finance Commission Meeting 2026-10-20 (AgendaPacket), dated October 20, 2026 from City of Mahtomedi. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Xcel Energy hold?
Xcel Energy 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 Mahtomedi currently buying?
Explore City of Mahtomedi's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.