Stanhope extends contract with Heartland

January 29, 2021

City looks forward to utilizing customer service programs

The city of Stanhope, Iowa will be expanding services offered to customers, thanks to a contract extension with their wholesale power supplier.

The Stanhope city council recently voted to extend their power supply contract with Heartland Consumers Power District through the year 2030.

In addition to stable, affordable electricity, Heartland also offers a suite of customer service programs to assist with economic development, energy efficiency and cybersecurity.

Heartland began supplying the city with wholesale power and energy in 2014, expanding their customer base in the state of Iowa. Stanhope’s original contract was set to expire at the end of 2023.

Heartland approached the city about extending to continue taking advantage of stable pricing. The extension would also make Stanhope a long-term customer, giving them access to customer programs.

“Our programs are designed to help customers flourish,” said Heartland CEO Russell Olson. “We are excited to extend our relationship with Stanhope, continuing our partnership and making our programs available to the city and their residents.”

The new contract provides savings over their existing contract, as well as consistent pricing for the next 10 years. The city council approved the new contract at their January 12 meeting.

“We look forward to taking advantage of all the services Heartland offers,” said Mayor Harold Hove. “This extension provides our city affordable power as well as programs to help businesses grow and residents make energy efficiency upgrades.”

Heartland’s energy efficiency program provides rebates for making energy efficient purchases. Upgrading lighting, water heaters and heating and cooling systems may qualify for incentives.

Heartland’s economic development program assists new and expanding businesses within customer communities. Growth incentives and utility rebates are available to qualifying businesses.

Heartland also offers programs to assist the city with infrastructure upgrades related to development, make energy efficient improvements at city facilities and protect valuable data from cyber thieves.

Stanhope is situated within the Midcontinent Independent System Operator (MISO) market and is connected to the ITC transmission system. Heartland will provide full-requirement power supply to the city.

Stanhope is home to just over 400 people.