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Kasson City council approves purchase of Peoples electric territory covering about 357 customers
Summary
Council approved a contract to acquire a portion of Peoples electric territory—roughly 357 accounts—bringing more customers into the city utility; staff said the deal would add about 1–1.5 MW peak load and approximately $450,000 in annual revenue under current rates, with future-customer payments tracked per kilowatt-hour for 10 years.
The Kasson City Council voted to approve a contract to acquire a portion of Peoples (the incumbent cooperative) electric territory that staff said includes about 357 customers (mostly residential), two commercial accounts and several street or security lights.
City staff described the deal as consistent with a multi‑year directive to serve all Kasson residents and said the territory covers areas on the city’s south side, including South Fork and the Windsor…
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