FINANCIAL_SERVICESRECOMMENDED

OCPA Recommends New Energy Management Deal With TEA

OCPA staff recommended a resource management agreement with The Energy Authority, Inc. for scheduling coordinator services, congestion revenue rights management, and optional energy hedging advisory services. The proposed agreement covers October 2026 through September 2027 at a $25,000 monthly fee, with four optional one-year extensions.

Document date · September 14, 2026

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Scope & details

The full contract record, as filed.

Contract amount
$300,000 for Year 1; $25,000 monthly combined fee; optional short-term hedging add-on of $10,700 annually for terms over one year or $12,000 annually for shorter terms
Contract type
FINANCIAL_SERVICES
Contract term
October 1, 2026 – September 30, 2027, with four optional additional one-year terms
Renewal date
2027-09-30
Renewal
Four additional one-year extensions are available at the CEO’s option, subject to satisfactory performance. Renewal is based on performance.
Document type
AgendaPacket
Source document
Orange County Power Authority AgendaPacket Board of Directors Regular Meeting 2026-09-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Orange County Power Authority?

The Energy Authority Inc was awarded this financial services contract by Orange County Power Authority, as recorded on September 14, 2026. The contract value is $300,000 for Year 1; $25,000 monthly combined fee; optional short-term hedging add-on of $10,700 annually for terms over one year or $12,000 annually for shorter terms.

How much is the The Energy Authority Inc contract with Orange County Power Authority worth?

The The Energy Authority Inc contract with Orange County Power Authority is valued at $300,000 for Year 1; $25,000 monthly combined fee; optional short-term hedging add-on of $10,700 annually for terms over one year or $12,000 annually for shorter terms, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Orange County Power Authority AgendaPacket Board of Directors Regular Meeting 2026-09-14 (AgendaPacket), dated September 14, 2026 from Orange County Power Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does The Energy Authority Inc hold?

The Energy Authority Inc 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 The Energy Authority Inc's profile

What is Orange County Power Authority currently buying?

Explore Orange County Power Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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