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Ames electric utility outlines generation plan, AMI and 2025–26 budget assumptions
Summary
Electric department staff presented a $64.5 million departmental budget request, new generation planning, advanced metering deployment and a proposed 1.5% rate increase to support reserves and future projects.
Don, the city electric department director (as spoken at the meeting), told the council on Feb. 5 that the electric utility is proposing roughly $64.5 million in departmental expenditures for fiscal year 2025–26, a figure staff said is about 2.3% below the prior adopted level.
Staff reported a peak system demand of 134 megawatts in the past year and outlined near‑term planning to add generation resources, expand renewable procurement and roll out advanced metering infrastructure (AMI). Don said the council‑approved cost‑of‑service changes that took effect Oct. 1 were accompanied by pilots for time‑of‑use rates and that AMI is required to expand those programs.
The presentation…
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