Municipal Utilities

 

Residential Electric Rebate Program

Commercial Lighting Rebate Program

 

The City of Bancroft provides public water and sewer services along with garbage pickup and also has its own electric utility.

 

Electric Service

Bancroft Municipal Electric was created in 1939 by city election. Voters approved the measure to build an electrical generating plant 425 – 14. Output from the electric plant has grown from .35 mega watts to a total generating capacity of 4.4 mega watts today. This allows BMU to supply the entire community and its rural customers with dependable electric service.

In addition to providing service to all Bancroft residents and businesses, BMU has over 68 miles of electric rural lines. In an effort to expand services and better meet area needs, in 2007, BMU entered into an agreement to sell wholesale power to the community of Burt, Iowa. This led to significant savings to Burt customers and allowed BMU to increase its access to safe and secure power.

BMU is a member of NIMECA (North Iowa Municipal Electric Cooperative Association) headquartered in Humboldt, Ia.

Electric Rates – effective January 1, 2009

The BMU offers three different rates schedules to meet the needs of different customers. Schedule 1 applies to all permanent residential customers for normal residential services. Schedule 2 applies to all permanent commercial and industrial customers with the exception of those served under the Commercial Demand Rate. Schedule 3 applies to all permanent rural customers.

RATE
SCHEDULE
MINIMUM
SERVICE
CHARGE
ENERGY
CHARGE
PER KWHr
POWER COST
ADJUSTMENT*
Schedule 1 $8.50/month $0.09126 $0.0349
Schedule 2 $9.50/month $0.09126 $0.0349
Schedule 3 $17.50/month $0.09126 $0.0349

 

Commercial Demand Rates – effective January 1, 2009

This schedule applies to any commercial or industrial customer with more than 100 H.P. or 100 KV commercial load for all normal commercial and industrial uses.

Demand billing determined by the highest 15 minute integrated demand for the month.

Demand Charge $3.20 per KW for all usage
Energy Charge $0.0787 per KWHr
Power Cost Adjustment* $0.0349 per KWHr

* Power Cost Adjustment: Energy charges are based on projected wholesale energy cost to the City at a rate of $0.0349 per KEHr. Actual monthly rates reflect additional costs for power incurred by the city. These additional charges appear as the monthly power cost adjustment.

Electric services will be 120/ 240 voltage as set forth in the Municipal Electric Tariff. Single or three phase with voltage available at the discretion of the Municipality as set forth by the Municipal Electric Tariff.

 

 

 

Water and Sewer Service

City owned and operated water and sewer lines serve the residents of Bancroft. In 2007, the city updated several blocks in residential and downtown water and sewer lines to improve the quality of services we deliver to Bancroft customers. To maintain a high level of services, the city continues to monitor our systems. Plans are in place to update additional lines as needed.

Water Rates – effective January 1, 2010

Base Rate $13.50 per month
0 to 5,000 gallons $3.75 per 1000 gallons
5,001 – 20,000 gallons $3.25 per 1000 gallons
20,001 – 150,000 gallons $2.75 per 1000 gallons
Over 150,000 gallons $2.35 per 1000 gallons

Sewer Rates – effective January 1, 2014

All customers (residential, commercial, and industrial) pay the same base rate and usage rate based on consumption of water.

Base Rate $14.50 per month
Usage Rate $3.65 per 1000 gallons of water consumed
 
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