UTILITIESONGOING

AEP Electric Franchise Revenue Rises Sharply

Point Comfort’s proposed FY 2026-2027 budget forecasts $345,000 in franchise tax revenue from AEP, evidencing ongoing electric utility franchise operations in the city. This is a substantial increase over the prior year’s $35,000.

Status
ONGOING
Document date
August 15, 2026
Contract type
UTILITIES
Vendor
AEP
Agency
City of Point Comfort · TX

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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
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
UTILITIES
Contract term
October 2026 – September 2027 (budgeted franchise receipts)
Renewal
Franchise relationship is ongoing; no term or renewal provisions are specified in the budget narrative.
Document type
Budget
Source document
City of Point Comfort Proposed Annual Budget 2026-10-01

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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 Point Comfort?

AEP was awarded this utilities contract by City of Point Comfort, as recorded on August 15, 2026.

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 City of Point Comfort Proposed Annual Budget 2026-10-01 (Budget), dated August 15, 2026 from City of Point Comfort. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does AEP hold?

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

View AEP's profile

What is City of Point Comfort currently buying?

Explore City of Point Comfort's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Point Comfort's profile

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