Illinois Municipal Electric Agency (IMEA)
On December 21, 1999, the City of St. Charles began purchasing partial electric power for its municipal Electric Utility with the Illinois Municipal Electric Agency (IMEA) and on June 17, 2004, the City of St. Charles began purchasing all its electric power for its municipal Electric Utility with IMEA. IMEA is a not-for-profit joint action agency comprised of 32 municipal electric systems that work together to provide power supply and other related utility services for themselves. Membership in the IMEA will enable the City's electric customers to reap the benefits of ownership in electrical generation facilities that provide a greater chance of rate stabilization to 2035 and beyond.
Contract Extension
Under the Illinois Municipal Electric Agency’s current Power Sales Contract with the City of St. Charles, IMEA has provided the City with reliable, affordable, stable and sustainable power and energy needs for several decades. The current Power Sales Contract is set to expire on September 30, 2035. In order to plan for and ensure that resources are in place to continue meeting our community’s long- and short-term power and energy needs at favorable prices and to continue meeting the obligations imposed on the City as a load serving entity by the Regional Transmission Organization that controls the region where our community is located, IMEA is requesting that St. Charles (as well as IMEA’s other Participating Members) continue its relationship as an all-requirements purchaser from IMEA beyond September 30, 2035, by approving and executing a new Power Sales Contract with IMEA.
The IMEA Board of Directors, including representation from St. Charles and 31 other IMEA Participating Members, approved the form of the new contract at the IMEA Board Meeting held on February 15, 2024, which reflects IMEA’s continued commitment to supply the City’s power and energy needs beyond 2035. The new Power Sales Contract is for the delivery period of October 1, 2035 through May 31, 2055. IMEA requests that the new contract be executed by the City of St. Charles through signature by the St. Charles’ Mayor after approval by the City Council. The terms and conditions of the new contract is available through April 30, 2025. In order to determine the amount of resources needed to serve the loads of all Participating Members during the future delivery period, the IMEA Board of Directors has authorized holding the offer of the new contract open through April 30, 2025. It will not be offered beyond that date without further authorization from the IMEA Board of Directors.
Current IMEA Contract(PDF, 2MB)
Contract Extension Offer(PDF, 167KB)
Environmental Sustainability
In 2023, the IMEA Board of Directors unanimously approved its Sustainability Plan that at its core, has a vision to reduce the agency’s power portfolio to have net-zero carbon emissions delivered to its members by 2050. The Sustainability Plan provides a framework whereby IMEA staff will produce annual reports, present them to the board of directors, and hold member stakeholder meetings every three years seeking input on the path forward.
IMEA's resource plan outlines how the agency will meet its sustainability goals of becoming net zero by 2050. This plan which augments the agency's sustainability plan includes the retirement of Prairie State and Trimble County plants and identifies how the agency will replace the energy and capacity currently being served by those resources.
Sustainability Plan(PDF, 2MB)
Resource Planning Guide(PDF, 440KB)
IMEA Government Services Public Meetings
April 1, 2024 Government Services Meeting
At this meeting staff presented:
Presentation(PDF, 4MB)
Meeting Video
April 22, 2024 Government Services Meeting
At this meeting staff presented:
Presentation(PDF, 3MB)
Meeting Video