UTILITIESPENDING

Newton Weighs 25-Year Electric Franchise with Alliant Energy

Newton is considering final adoption of a 25-year non-exclusive electric franchise ordinance with Interstate Power and Light Company (Alliant Energy), including phased-in franchise fees from 2% to 5%. The agreement would provide a new revenue stream to offset state-imposed property tax limits.

Status
PENDING
Document date
August 3, 2026
Contract type
UTILITIES
Vendor
Interstate Power & Light Company
Agency
City of Newton · IA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
UTILITIES
Contract term
25-year non-exclusive electric franchise
Renewal date
2051-08-02
Renewal
Ordinance would establish a 25-year franchise term with scheduled increases in franchise fees; any extension beyond that period would require future Council action.
Document type
AgendaPacket
Source document
Newton City Council Agenda Packet 2026-08-03

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the utilities contract by City of Newton?

Interstate Power & Light Company was awarded this utilities contract by City of Newton, as recorded on August 3, 2026.

What type of contract is this?

This is a Utilities contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Newton City Council Agenda Packet 2026-08-03 (AgendaPacket), dated August 3, 2026 from City of Newton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Interstate Power & Light Company hold?

Interstate Power & Light Company 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 Interstate Power & Light Company's profile

What is City of Newton currently buying?

Explore City of Newton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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