UTILITIESONGOING

DEMEC Power Cost Adjustment Increase Implemented

Milford, which purchases power through the Delaware Municipal Electric Corporation (DEMEC), will implement an increased Power Cost Adjustment starting in October, reflecting regulatory costs tied to continued operation of the Indian River Power Station over the next 4.5 years.

Document date · June 13, 2022

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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
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract type
UTILITIES
Contract term
Approximately 4.5 years related to PCA regulation impacts
Renewal
Power supply and PCA costs under DEMEC are expected to be impacted by current regulations for approximately 4.5 years; no specific contract end date is provided.
Document type
Budget
Source document
the_city_of_milford_fiscal_year_22_23_approved_ope.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the utilities contract by City of Milford?

Delaware Municipal Electric Corporation was awarded this utilities contract by City of Milford, as recorded on June 13, 2022.

What type of contract is this?

This is a Utilities contract, documented as a budget record.

Where was this contract approved?

This contract appears in the_city_of_milford_fiscal_year_22_23_approved_ope.pdf (Budget), dated June 13, 2022 from City of Milford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Delaware Municipal Electric Corporation hold?

Delaware Municipal Electric Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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