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Mahwah places 48-month electricity supply recommendation on agenda; proposed rate $0.08585/kWh
Summary
Township will move forward with EMEX LLC and recommend Constellation Energy for a 48-month electricity supply starting December 2026 at a proposed price of $0.08585 per kWh; the council placed the resolution for vote in the public meeting.
The Administration recommended authorization to procure electricity supply services for public use, with EMEX LLC acting as procurement agent and a recommended supplier of Constellation Energy for a 48-month term beginning in December 2026 at a proposed price of $0.08585 per kWh.
Resolution #250-26 to authorize the purchase was placed on the public meeting agenda. The minutes note EMEX LLC is compensated by the winning supplier and that the council will consider adoption during the public meeting portion of the session.
Township staff said the recommendation is intended to lock a fixed supply price beginning in December 2026; specific contract documents and the executed agreement will be filed with the clerk following council action.
