City of Banning Approves Vernon Power Capacity Purchase
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Description
The City approved a three-year capacity purchase agreement with the City of Vernon for 13 MW of resource adequacy at $1,287,000 per year for calendar years 2027-2029.
Contract Details
Contract Amount
$8.25 per Kilowatt-month, or $1,287,000 Per Year
Vendor
CITY OF VERNON
Agency
City of Banning, CA
Contract Type
UTILITIES
Document Date
January 13, 2026
Contract Term
Calendar Years 2027 through 2029
Renewal Date
2029-12-31
Renewal Info
Three-year term, covers 2027-2029. No auto-renewal referenced.
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