2028 Power Supply Cost Cliff
Summary
The city's contracts with OUC (expiring end of 2026) and FMPA (end of 2027) are up for renewal, and replacement power is expected to cost significantly more amid regional capacity shortages and data center demand. A 12% rate jump is projected for 2028.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jun 23, 2026.
Impact analysis
Electric rates could jump roughly 12% in 2028 depending on what new power contracts cost.
Potentially no one in the short term — though securing reliable supply protects all customers.
Electric customers will absorb higher power supply costs when contracts renew.
Mentions & discussions (1)
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