Ames City Council members discussed the city's competitive utility rates during their meeting on December 17, 2024, highlighting the advantages for residential customers. According to recent data presented, Ames' residential rates stand at approximately 12 cents per kilowatt-hour, significantly lower than those of competitors such as Alliant Energy, which recently announced a 7% rate increase, and Midland Power Cooperative, which is also expected to raise rates.

The council emphasized that Ames' rates are not only competitive but also reflect a commitment to providing affordable energy options for residents. The data, sourced from the Iowa Utilities Commission, shows that Alliant's rates are around 18 cents, while Midland's hover near 16 cents, making Ames a cost-effective choice for homeowners.

In contrast, the council noted that Ames' industrial rates are among the higher ones in the region, although they acknowledged the complexities involved in comparing rates across different types of customers. The discussion underscored the importance of maintaining competitive pricing as neighboring utilities prepare for further rate increases in the coming years.

As the city moves forward, the council plans to continue monitoring utility rates and their impact on the community, ensuring that Ames remains an attractive option for both residential and commercial customers.