NYPA Enters Long-Term Power Supply Contract With NYEFDC
New York State Power Authority | State of New YorkState · White Plains, NY- Disclosed value
- $944 million in Energy Supply Revenue Bonds issued to prepay for electricity
- From budget
- Document date
- Oct 30, 2026
- Renews
- Free account
The 30-second brief
NYPA entered into a take-and-pay Power Supply Contract with NYEFDC for market-based electricity at a specified discount. The initial delivery period runs through October 2033, with NYPA committed to purchase approximately 876,000 MWh annually.
New York Energy Finance Development Corporation (Nyefdc) holds this utilities contract with New York State Power Authority | State of New York.
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Contract details
- Contract type
- Utilities
- Amount
- $944 million in Energy Supply Revenue Bonds issued to prepay for electricity
- Document date
- October 30, 2026
- Term
- Initial energy delivery period: January 2026 – October 2033; approximately 876,000 MWh annually
- Renews
- On record
- Vendor
- New York Energy Finance Development Corporation (Nyefdc)
- Source document
- New York Power Authority Budget Proposed 2027 Budget and 2027-2030 Financial Plan 2026-10-30 (Budget)
More New York State Power Authority | State of New York contracts
Questions about this contract
Who was awarded the utilities contract by New York State Power Authority | State of New York?
New York Energy Finance Development Corporation (Nyefdc) was awarded this utilities contract by New York State Power Authority | State of New York, as recorded on October 30, 2026. The contract value is $944 million in Energy Supply Revenue Bonds issued to prepay for electricity.
How much is the New York Energy Finance Development Corporation (Nyefdc) contract with New York State Power Authority | State of New York worth?
The New York Energy Finance Development Corporation (Nyefdc) contract with New York State Power Authority | State of New York is valued at $944 million in Energy Supply Revenue Bonds issued to prepay for electricity, covering utilities work.
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 New York Power Authority Budget Proposed 2027 Budget and 2027-2030 Financial Plan 2026-10-30 (Budget), dated October 30, 2026 from New York State Power Authority | State of New York. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is New York State Power Authority | State of New York currently buying?
Explore New York State Power Authority | State of New York's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.