HomeMy WebLinkAbout~Master - Amended Joint Pricing Zone Agreement with MidAmerican Energy RESOLUTION NO. 24-056
RESOLUTION APPROVING AMENDED JOINT
PRICING ZONE AGREEMENT WITH MIDAMERICAN ENERGY
FOR THE CITY OF AMES,IOWA
WHEREAS, the City's Electric Utility participates in the Midcontinent Independent
System Operator (MISO) organization. MISO provides the system for its participating utilities to
purchase and sell electricity and to maintain the reliability of the electric grid. The City of Ames,
together with Cedar Falls Utilities and Missouri River Energy Services (MRES), are parties to a
Joint Pricing Zone (JPZ) agreement with MidAmerican Energy. This transmission agreement
affords Ames the rights to be a Transmission Owner within MISO and receive a revenue allocation
for the use of Ames'transmission facilities; and,
WHEREAS, the fourth revised JPZ Agreement adds a new parry to the agreement. The
Municipal Energy Agency of Nebraska (MEAN) will become a MISO transmission owning
member in the MidAmerican Pricing Zone beginning June 1, 2024. All existing parties, including
Ames, are being asked to approve the amended agreement; and,
WHEREAS,the addition of this new transmission assets and municipal utility load is small
in size compared to the existing members. Therefore, direct impact on Ames is hard to quantify.
However,MidAmerican Energy will benefit by having these MEAN transmission assets managed
under a single contract with other municipals. Staff has been in communication with the other
municipal members of the agreement,and all support the addition of MEAN as the newest member
to the JPZ. Following the approval by Ames and the other parties, the agreement will be sent to
the Federal Energy Regulatory Commission.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the Amended Joint Pricing Zone Agreement with MidAmerican Energy is hereby approved.
ADOPTED THIS 13th day of February, 2024.
Renee hall, City Clerk John A. Haila, Mayor
Introduced by: Betcher
Seconded by: Junck
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 13th day of February, 2024.