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Tipp City Council authorizes fixed-volume energy purchase with American Municipal Power for 2025–26
Summary
Council approved Resolution 2-25 authorizing the city manager to execute a 2025–26 fixed-volume energy supply schedule with American Municipal Power; the meeting record lists a cost "not to exceed $69" but does not specify the unit.
Tipp City Council on Feb. 3 adopted Resolution 2-25 authorizing the city manager to enter into an agreement with American Municipal Power, Inc. (AMP) to execute a fixed-volume energy supply schedule covering Jan. 1, 2025, through Dec. 31, 2026.
City staff presented the recommendation from AMP, the city's joint-action agency, to purchase a block of power to cover the city's energy needs for the remainder of 2025 and the 2026 calendar year. The resolution states the cost would not exceed "$69" as read into the record; the transcript does not specify the unit tied to that figure (for example, dollars per megawatt-hour). Council members moved, seconded and approved the resolution on a roll-call vote; no public comments were recorded on the item.
City officials characterized the purchase as a multi-month fixed-volume supply intended to cover the city's anticipated load; the council did not discuss alternative suppliers or the detailed price structure during the meeting. The city manager was authorized to execute the agreement consistent with the terms approved by the council.
