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Waverly Utilities gets clean audit; 4-megawatt solar array to begin construction this year
Summary
Council accepted Waverly Utilities' 2024 audit showing a clean opinion and heard that a 4-megawatt solar array expected to generate about 6.5 million kWh annually will begin mobilization within 30–90 days, with contractors aiming to energize by fall.
WAVERLY, Iowa — The Waverly City Council on May 19 accepted the 2024 audit for Waverly Utilities, which reported a clean audit opinion, and heard details about an upcoming 4-megawatt solar array expected to start construction within weeks.
The audit was presented by Kelly Meyer, director of finance and customer services for Waverly Utilities, who said, "For 2024, we received a clean opinion, which means that I. Bailey considers our financials to present fairly in all material respects the financial position of Waverly Utilities." The council accepted the report during the regular meeting.
Meyer told the council that electric operating revenues were $41,000 higher than 2023 — about a 0.2% increase — but that…
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