City Moves Toward Franchise with Eastern Iowa REC
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Description
Iowa City Council plans to set a May 19, 2026 public hearing on granting Eastern Iowa Light and Power Cooperative a formal electric franchise through December 4, 2032. The ordinance would authorize the cooperative’s service within city limits and apply the City’s 2% electric franchise fee.
Contract Details
Vendor
EASTERN IOWA LIGHT & POWER COOPERATIVE
Agency
City of Iowa, IA
Contract Type
UTILITIES
Document Date
May 5, 2026
Contract Term
Until December 4, 2032
Renewal Date
2032-12-04
Renewal Info
New electric franchise proposed to run concurrently with MidAmerican’s maximum extension, expiring December 4, 2032.
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