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Spencer Municipal Utilities company history timeline

1886

1886City Waterworks Established The city waterworks was first established in 1886 with a 400-foot deep artesian well powered by a wind pump.

1893

The water was kept in a large wooden tank just north of the bridge on Main Street (now Grand Avenue). After a fire in 1893, the waterworks was moved to near where SMU’s offices were formerly located on Grand Avenue.

1901

1901City Purchases Electric Utility In 1901 the City of Spencer purchased the electric utility from the bank at a price of just under $17,000.

1906

In 1906, a 75 thousand gallon steel water tower was built to replace the wooden tank.

1942

Along with the water utility, the electric utility was operated by the city under the direction of the City Council until 1942.

1960

In 1960, a new office building was constructed adjacent to the power plant.

In the mid-1960’s, SMU began receiving power from hydroelectric dams on the Missouri River in South Dakota.

1965

1965Stolley’s Land Purchase In 1965 the Board of Trustees purchased the 80 acres of property northwest of the city generally referred to as Stolley’s Pond.

1969

In 1969, SMU installed a jet turbine generator at a cost of about $2 million.

1970

With the commissioning of the new Jet turbine for backup power and the decommissioning of SMU’s coal fired power plant in the early 1970’s, SMU no longer generates its own power but now purchases it through a variety of sources including hydro and coal generation plants.

As the community of Spencer grew during the 1970’s, it was not only necessary to obtain future power supply sources, but also to improve the electric distribution system.

1997

After the vote on May 6, 1997, SMU added the communications utility for cable, internet, telephone service.

2002

In 2002, SMU entered into a partial ownership agreement in a new coal-fired generation station-Council Bluffs 4-that will go on-line later this decade.

2014

As of 2014, SMU currently owns, operates and maintains 15 miles of 69,000kv overhead transmission lines connected to 6 substations with a loop system.

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Founded
1886
Company founded
Headquarters
Spencer, IA
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Spencer Municipal Utilities competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Bryan Texas Utilities1909$128.0M100-
Tacoma Public Utilities1893$300.0M1,777-
Golden Spread Electric Cooperative, Inc.1984$12.0M1251
Hawaii Gas1904$281.1M230
COP-USA-$1.4M15-
JJ Powell1952$6.9M20-
Stump1972$1.8M50-
Platte-Clay Electric Cooperative1938$13.0M74-
Marin Sanitary Service1948$21.0M350-
TETCO1947$4.0B3,500-

Spencer Municipal Utilities history FAQs

Zippia gives an in-depth look into the details of Spencer Municipal Utilities, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Spencer Municipal Utilities. The employee data is based on information from people who have self-reported their past or current employments at Spencer Municipal Utilities. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Spencer Municipal Utilities. The data presented on this page does not represent the view of Spencer Municipal Utilities and its employees or that of Zippia.

Spencer Municipal Utilities may also be known as or be related to B J Clark and Associates and Spencer Municipal Utilities.