Waverly Utilities
1002 Adams Pkwy , Waverly, Iowa, United States

Waverly Utilities is an award-winning national leader in electric reliability, safety and renewable energy.  In 2016, Waverly Utilities became a telecommunications utility offering gigabit speed internet, enhanced cable and digital telephone services.  We are committed to serving Waverly with the same neighborly customer service we’ve been providing since 1904.

Waverly Light and Power's history was typical of the U.S. electrical utility industry in taking advantage of economies of scale.  As that structure changed from small, local only generation, the price of electricity plummeted -- from $4.00 per kiloWatt-hour for U.S. consumers in 1892 to $.06 in 1930 and just $.07 in 1970. The 1993 Waverly Light and Power system average cost to customers was was $.066 per kilowatt-hour. Demand had soared. Thus, a relatively recent push for "conserving" to stem future escalating costs and to respond to an increasing awareness that we have a moral obligation to be good stewards of the resources that we employ. Interestingly small, local generation is a likely prospect for future resources. History repeats itself?  The history of the utility is not lacking in color, with many notable events and changes, some of which were not always welcomed. Some examples: a hanging, disasters from fire - both at our beginning and more recently - ice storms and floods from the river that spawned the energy business. Renewable energy generation was our start and is our most recent addition.  The utility is and has been a cornerstone in the development of this community. Waverly is a vibrant community and has always met challenges head-on. The operation of its electric utility reflects this spirit of innovation and determination. The City made a wise decision back in 1904 by spending $13,500 to own their electric utility. That choice has yielded millions of dollars in helping the community prosper while still owning an asset worth over $20 million.