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Olivia Approves 15-Year Renewable Energy Credit Sale

City of Olivia logoCity of Olivia
Disclosed value
$3.00 per REC delivered
From agenda
Approved
Jun 15, 2026
Renews
Free account

The 30-second brief

What it covers

The City of Olivia approved a Renewable Energy Credits Sales Agreement with the Minnesota Municipal Power Agency to sell all RECs allocated to the city for $3.00 per REC from 2025 through 2040. The contract includes options for extension and aligns with Minnesota clean energy requirements.

Who holds it

Minnesota Municipal Power Agency holds this contract with City of Olivia. Its other public contracts on record include work for City of East Grand Forks.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Olivia contract.

Renewal date on recordLocked

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Contract details

Amount
$3.00 per REC delivered
Document date
June 15, 2026
Term
January 1, 2025 – December 31, 2040 (option for two additional 5-year extensions)
Renews
Free account
Vendor
Minnesota Municipal Power Agency
Agency
City of Olivia
Source document
Olivia City Council Agenda 2026-06-15 (Agenda)

Minnesota Municipal Power Agency's other public contracts

City of East Grand Forks, MinnesotaCity signs 15-year REC sale deal with Minnesota Municipal Power Agency · Aug 4, 2026City of East Grand Forks, MinnesotaCity Signs 15-Year REC Sales Agreement with MMPA · Jul 28, 2026City of East Grand Forks, MinnesotaCity Sells Renewable Energy Credits To MMPA Under 15-Year Deal · Jul 26, 2026City of East Grand Forks, MinnesotaCity approves REC sales deal with MMPA and WAPA · Jul 6, 2026UndisclosedCity of East Grand Forks, MinnesotaMMPA Awarded City Renewable Energy Credits Sales Agreement · Jun 16, 2026All Minnesota Municipal Power Agency contractsVendor profile

More City of Olivia contracts

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Questions about this contract

Who was awarded the government contract by City of Olivia?

Minnesota Municipal Power Agency was awarded this government contract by City of Olivia, as recorded on June 15, 2026. The contract value is $3.00 per REC delivered.

How much is the Minnesota Municipal Power Agency contract with City of Olivia worth?

The Minnesota Municipal Power Agency contract with City of Olivia is valued at $3.00 per REC delivered.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Olivia City Council Agenda 2026-06-15 (Agenda), dated June 15, 2026 from City of Olivia. 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 Olivia currently buying?

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

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