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HomeMy WebLinkAboutSUPPORT LETTER - HOPKINTON MUNICIPAL UTILITIES uJ/ i'S/U' 1G:4U rAA 1 OtO UGO GUCSa nop nun' util LEJUr Hopkinton Municipal Utilities fro , •..- ELECTRIC &WATER 111 FIRST ST_ SE -P O BOX 129 HOPKINTON, IOWA 52237-0129 (563)926-2480 - FX (563)926-2065 3/27/08 Tim Hurley, Mayor of Waterloo Waterloo City Council Waterloo Planning and Zoning Commission 715 Mulberry Street Waterloo, IA 50703 Re: Support for the Elk Run Energy Station Dear Mayor, Council and Commissioners: On Behalf of Hopkinton Municipal Utilities, this letter represents our support for the proposed Elk Run Energy Station. As a municipal electric utility, our fundamental objective is to provide our commucaity with reliable, economical electric energy. We believe that the Elk Run Energy Station will assist us in achieving this goal. Currently, we participate with 28 other Iowa public and private organizations through a joint action agency to obtain electric energy for our citizens through purchased power agreements from suppliers in the upper Midwest. Most of this energy is generated in central and southern Illinois and delivered to us in Hopkinton by a regional transmission provider. This arrangement provides us with an ample supply of electric energy; however, we look forward to the various benefits derived from the new coal-fired generation unit proposed for Waterloo, Iowa. The generation produced by this unit will increase the power supply options available to us through our joint action agency. This new. efficient unit will make the electric energy market more competitive and ultimately, have a positive impact on future electric energy prices. Affordable electric energy will assist in the effort to attract new economic development and keep our community thriving for years to come. Sincerely, 1111 N,e9412j 1 Douglas Me ert, Superintendent