Lakewood Township MUA Awards Utilities Contract to Ambit Energy (August 2019)
Lakewood Township MUAUtility District · Lakewood, NJ- Disclosed value
- 8.99 cents per kilowatt hour (approx. $37,000/year usage; estimated annual savings $1,650)
- From minutes
- Awarded
- Aug 6, 2019
- Term
- 12 months
The 30-second brief
Following a reverse auction, the Authority executed a 12‑month electricity supply contract with Ambit Energy at 8.99 cents per kilowatt hour for the New Hampshire Avenue facility’s non-solar usage. The agreement is expected to save approximately $1,650 annually, or about 4.41% of current grid costs.
Ambit Energy holds this utilities contract with Lakewood Township MUA. Its other public contracts on record include work for City of Beeville and Kleberg County.
Term as filed: 12 months.
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Contract details
- Contract type
- Utilities
- Amount
- 8.99 cents per kilowatt hour (approx. $37,000/year usage; estimated annual savings $1,650)
- Document date
- August 6, 2019
- Term
- 12 months
- Vendor
- Ambit Energy
- Agency
- Lakewood Township MUA
- Source document
- lakewood_township_municipal_utilities_authority_me.pdf (Minutes)
Ambit Energy's other public contracts
More Lakewood Township MUA contracts
Questions about this contract
Who was awarded the utilities contract by Lakewood Township MUA?
Ambit Energy was awarded this utilities contract by Lakewood Township MUA, as recorded on August 6, 2019. The contract value is 8.99 cents per kilowatt hour (approx. $37,000/year usage; estimated annual savings $1,650).
How much is the Ambit Energy contract with Lakewood Township MUA worth?
The Ambit Energy contract with Lakewood Township MUA is valued at 8.99 cents per kilowatt hour (approx. $37,000/year usage; estimated annual savings $1,650), covering utilities work.
What type of contract is this?
This is a Utilities contract, documented as a minutes record.
Where was this contract approved?
This contract appears in lakewood_township_municipal_utilities_authority_me.pdf (Minutes), dated August 6, 2019 from Lakewood Township MUA. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Ambit Energy hold?
Ambit 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 Lakewood Township MUA currently buying?
Explore Lakewood Township MUA's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.