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Monroe council approves amended UAMPS pooling agreement to manage market volatility
Summary
The Monroe City Council unanimously approved Resolution 3 1 2026 authorizing an amended and restated UAMPS power pooling agreement. City power staff said the new framework centralizes market activity, requires annual purchase plans and forecasting, and allows participants to opt out with five years' notice; the council voted 4-0 to approve.
Monroe City Council members voted unanimously on March 24 to approve an amended and restated power pooling agreement with the Utah Associated Municipal Power Systems (UAMPS).
Power Foreman Josey Parsons briefed the council on changes required after Pacific Corp’s participation in the Extended Day Ahead Market (eDAM). Parsons said the revised agreement separates generation from load serving, creates a centralized market model in which participants sell generation into the market and purchase power to serve their loads, and adds mandatory annual purchase plans, forecasting obligations and resource sufficiency requirements. Under the new rules, UAMPS may make market purchases on behalf of participating utilities under approved plans; participants can opt out with five years’ notice. The agreement also formalizes governance through a Project Management Committee with one representative per participant and establishes cost allocation by load ratio share and annual internal audits.
Parsons noted Monroe’s current resource mix — including coal (Hunter), hydro (Glen Canyon Dam), and natural gas (Payson) — and said the market changes are intended to reduce the kind of price volatility cities experienced in prior market spikes, when "we were paying $2 per kilowatt hour while selling it at 11 cents per kilowatt hour." Councilmember Perry Payne, who moved the resolution, praised UAMPS’ management, saying the association has "taken very good care of us" and has "lots of really sharp people in charge." Councilmember Ryan Johnson seconded the motion. A roll-call vote was recorded: Bagley, Johnson, Payne and Sirrine voted yes and the resolution passed 4-0.
What happens next: the resolution authorizes Monroe to participate under the amended agreement; the contract includes an opt-out provision requiring five years’ notice, and staff will incorporate the new governance and reporting requirements into utility operations.
