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Cedar Falls Utilities

Community-owned utility delivering electricity, water, gas

Overview

Cedar Falls Utilities provides electric, water, natural gas and fiber optic broadband services to residents and businesses in Cedar Falls, IA. It runs on municipal infrastructure owned by the community, with a five-member citizen Board of Trustees that oversees operations and reinvests in the local network to keep services reliable. As a publicly owned utility, it serves the public benefit rather than pursuing profit and bundles multiple services under one city-managed organization for coordinated reliability. Its goal is to offer affordable, reliable essential utilities to Cedar Falls residents and businesses while reinvesting in the community.

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About Cedar Falls Utilities

Simplify's Rating
Why Cedar Falls Utilities is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

EnergyEnterprise Software

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

United States

Founded

1888

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What believers are saying

  • CFU says 61% of Cedar Falls energy comes from renewables, strengthening decarbonization credibility.
  • Site construction is tentatively slated for 2027 after engine procurement finished in 2026.
  • October 26, 2026 agenda shows active board focus on Viking updates and economics.

What critics are saying

  • The $80 million gas plant faces permitting scrutiny before the Iowa Utilities Commission.
  • Residents and environmental critics oppose new gas generation, battery alternatives, and crypto-linked load growth.
  • A failed IUC approval would stall CFU's replacement plan and expose aging assets.

What makes Cedar Falls Utilities unique

  • Locally owned CFU controls generation, transmission, and retail service in Cedar Falls.
  • Viking Energy Center, approved June 15, 2026, adds islandable 37-megawatt local backup.
  • CFU already mixes Streeter Station, turbines, solar, and Western Iowa ownership shares.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Paid Vacation
  • Paid Holidays
  • Paid Sick Leave
  • Bereavement Leave
  • Flexible Work Hours
  • Professional Development Budget
  • Wellness Program

Company News

CFU
Jul 7th, 2026
Cedar Falls Utilities to hold Iowa Utilities Commission Viking Energy Center informational meeting.

Cedar Falls Utilities to hold Iowa Utilities Commission Viking Energy Center informational meeting. July 7, 2026 Cedar Falls Utilities is advancing plans to build a new energy center in Cedar Falls. The Viking Energy Center will enable CFU to deliver the next generation of reliable, affordable and sustainable power, positioning the community for a strong future. As part of the state permitting process for the new facility, CFU will hold a public informational meeting about the project in conjunction with the Iowa Utilities Commission. The Iowa Utilities Commission has scheduled the meeting for July 14 at noon at Cedar Falls Utilities, 1 Utility Parkway, Cedar Falls, Iowa 50613. At the meeting, CFU will provide project details, gather feedback and answer questions from attendees. The public is invited to attend the meeting and has the right to submit comments to the Iowa Utilities Commission. The Utilities Commission's address is 1375 E. Court Avenue, Des Moines, Iowa 50319-0069. The Commission's website is: https://iuc.iowa.gov/. Persons with disabilities requiring assistive services or devices to observe or participate should contact the commission at (515) 725-7300 in advance of the scheduled date to request that appropriate arrangements be made. Cedar Falls Utilities appreciates customer engagement and interest in the project. More information is available online at cfu.net/generation. About the project: The Viking Energy Center will be powered by dual-fuel reciprocating engines. This technology is being adopted by utilities across the country for its efficiency, responsiveness and ability to adapt to future fuel technologies. The Viking Energy Center will help keep electric bills affordable for CFU customers. Cedar Falls residents currently benefit from the generating assets CFU owns. CFU maintains the local Streeter Station power plant, natural gas turbines and solar array. In addition, CFU owns shares of large power plants in Western Iowa. These assets help reduce how much electricity CFU needs to purchase during periods of high market prices. But as existing facilities age, replacing them with modern, efficient generation is essential. The Viking Energy Center will help stabilize costs and protect customers from price volatility. This helps keep electric bills as low as possible. The new energy center will support renewable energy. Cedar Falls already benefits from a strong supply of renewable energy in Iowa. In fact, 61% of the energy produced in the regional power market and distributed in Cedar Falls comes from renewable sources. However, renewable energy depends on weather conditions. When the wind isn't blowing or the sun isn't shining, the community still needs reliable power. The Viking Energy Center's engines are designed to ramp up quickly when renewable generation dips, ensuring CFU can continue to maximize renewable use while maintaining reliable service. The Viking Energy Center will also allow CFU to continue to provide reliable and resilient power. Local generation plays a critical role during extreme weather or disruptions to the regional grid. By producing power locally in Cedar Falls, CFU can maintain service even when the broader electric grid is under stress. The engines to be installed at the Viking Energy Center produce lower emissions than existing plants and are designed to adapt to future renewable fuel technologies.

WVIK
Jun 17th, 2026
Cedar Falls approves new $80M gas power plant.

Cedar Falls approves new $80M gas power plant. Published June 17, 2026 at 12:59 PM CDT A total of 48 acres of land in a once-remote corner of Cedar Falls are set to become a gas power plant after the city council voted to rezone the land and convey the parcel to Cedar Falls Utilities (CFU) at its June 15 meeting. The move marks the local approval of a project, which has been discussed since 2022. CFU must now bring the project before the Iowa Utilities Commission. Known as the Viking Energy Center, the $80 million power plant will initially consist of two gas-powered reciprocating engines able to produce a combined 37 megawatts of power. The site has space for future expansions of the plant. CFU General Manager Susan Abernathy said power providers are concerned over a historic surge in demand for electricity, and the project is necessary to provide the city with energy independence as the nation's electrical grid is strained. "If push comes to shove with local generation, we can be islanded; we can take care of ourselves without having to worry about catastrophes on the larger grid," she said during a presentation to the city council. Abernathy tied the challenges to "load growth" from data center development and Iowa's energy makeup, which is over 60% renewable. This leads to price spikes "when there's no wind and no sun," she said. The new plant will serve as backup generation during such events. Concerns over the grid's reliability go beyond Cedar Falls. Abernathy pointed to nearly a dozen regional utilities planning similar backup gas generation projects, including Ames Municipal Utilities, Muscatine Power & Water and Alliant Energy. A group of Cedar Falls residents have urged the utility to shift from gas power to renewable sources or battery technology. During public comment, resident Kamyar Enshayan said renewable sources would prove more reliable long term. "Iowa's native sources of energy are the sun and the wind and a culture of conservation, and the more we invest in them in our town's generation capacity, the more we learn about them and understand them, the more energy secure we will be," he said. Despite those concerns, the council voted unanimously to support the project on its first reading. It's sited in the West Viking Road Industrial Park, which was launched by the city in 2022. At a prior stage, the Viking Energy Center attracted proposals for a cryptocurrency mine at the site, but the city Planning & Zoning Commission banned such development from using the Public Zoning District, which now encompasses CFU's parcel. Cryptocurrency mines and data centers remain allowed elsewhere in Cedar Falls.

CFU
Mar 27th, 2026
Next generation energy.

Next generation energy. March 27, 2026 Reliable and affordable power. At Cedar Falls Utilities, Cedar Falls Utilities take a long-term approach to serving its community. From maintaining local generation to investing in renewable energy, its focus has remained the same: reliable, affordable power for the people who live and work here. That same forward-thinking approach is driving the development of the Viking Energy Center, a project designed to meet the community's energy needs for decades to come. A project years in the making. The new Viking Energy Center is not a reaction to any single customer or industry trend. Planning for new local generation has been underway for years. Its existing energy generation resources are aging. To continue delivering the reliable and affordable power its customers expect, Cedar Falls Utilities must invest in new energy infrastructure. The Viking Energy Center is a direct response to that need. The new facility will use natural gas-fired reciprocating engines, a technology being adopted by utilities across the country. These engines are efficient, flexible and designed to complement renewable energy sources. Keeping electric bills affordable. Cedar Falls residents benefit from the generating assets CFU owns. CFU maintains its local Streeter Station power plant, natural gas turbines and solar array. In addition, CFU owns shares of large power plants in Western Iowa. These assets help reduce how much electricity Cedar Falls Utilities need to purchase during periods of high market prices. But as existing facilities age, replacing them with modern, efficient generation is essential. The Viking Energy Center will help stabilize costs and protect customers from price volatility. This helps keep electric bills as low as possible. Supporting renewable energy growth. Cedar Falls already benefits from a strong supply of renewable energy in its state. In fact, 61% of the energy used in its community comes from renewable sources. However, renewable energy depends on weather conditions. When the wind isn't blowing or the sun isn't shining, Cedar Falls Utilities still need reliable power. The Viking Energy Center is designed to ramp up quickly when renewable generation dips, ensuring Cedar Falls Utilities can continue to maximize renewable use while maintaining reliable service. Providing reliable, resilient power. Local generation plays a critical role during extreme weather or disruptions to the regional grid. By producing power right here in Cedar Falls, Cedar Falls Utilities can maintain service even when the broader electric grid is under stress. The engines to be installed at the Viking Energy Center produce lower emissions than existing plants and are designed to adapt to future fuel technologies. Addressing questions about crypto mining. Some have asked about the role of cryptocurrency mining in its community, due to recent zoning changes proposed by the City of Cedar Falls. It's important to be clear: Cedar Falls Utilities serves a wide range of customers and energy planning is based on the needs of the entire system. The Viking Energy Center is a community-driven infrastructure project, not a project built for any single customer or industry. Cedar Falls Utilities do serve large industrial customers, including those in emerging industries like crypto mining. These customers operate under specific agreements that are designed to benefit the entire community. Any revenue generated from these customers is reinvested locally, supporting the services and reliability its community depends on. The City is currently considering zoning changes to accommodate additional crypto mining operations. At Cedar Falls Utilities, its role isn't to advocate for or against this change, but to serve its community reliably and respond to its needs. The Viking Energy Center reflects years of planning to meet its community's future energy needs, independent of any cryptocurrency mining activity. Cedar Falls Utilities is working on your behalf. As a locally owned utility, CFU makes choices that put its community first. The Viking Energy Center continues that tradition. Cedar Falls Utilities appreciate customer engagement and interest in the project. More information is available online at cfu.net/generation.

Data Center Dynamics
Mar 27th, 2026
Officials in Cedar Falls, Iowa, delay hearing on Simple Mining's cryptomine rezoning.

Officials in Cedar Falls, Iowa, delay hearing on Simple Mining's cryptomine rezoning. Bitcoin firm Simple Mining faces resistance from local residents March 27, 2026 Officials in Cedar Falls, Iowa, have delayed a public hearing on zoning and code changes required for a proposed cryptocurrency mining facility on the city's southwest side. The hearing was pushed back to April 22 after residents raised concerns over the potential environmental impacts and utility costs incurred by the site proposed by Simple Mining, a Bitcoin mining company based in Cedar Falls. The proposal centers on more than 38 acres near the West Viking Road Industrial Park, where the city has been working with Cedar Falls Utilities (CFU) and Simple Mining on a possible mining site. Under the plans, the crypto mine would sit next to CFU's proposed Viking Energy Center, a new natural gas-based generation project that the utility says will support grid resiliency, complement renewable supply, and help keep customer energy costs low. CFU says the plant has been in planning for years and was not created specifically for the mining proposal. The city is seeking to rezone the site from light industrial use to heavy industrial use for the power plant while also creating a new zoning category for cryptocurrency mining. City documents cited by local media indicate the proposed rules would require setbacks from residential districts, noise mitigation measures, and a water-cooling plan. Reporting also says the crypto facility would use a closed-loop recirculating system intended to reduce water consumption. Residents who spoke ahead of and during the planning process said they were worried about noise, electricity demand, water usage, and the broader environmental impact of pairing a high-load mining operation with a new gas-fired plant. In response, Simple Mining said the facility would use little water and could be shut down quickly during periods of higher power prices. CFU says the Viking Energy Center will be built south of Viking Road and east of Union Road in the industrial park and will take several years to construct. More in crypto.

PR Newswire
Aug 28th, 2024
Sparkmeter Selected To Support Two Grants From The U.S. Doe To Enhance Grid Reliability And Resilience In America

Both projects are part of the DOE's $7.5 million investment into data analytics for a more reliable, resilient, and secure electricity system.Iowa State University , SparkMeter, and others received a $1 million grant to bring data-driven asset management to enhance rural distribution grids in the U.S.SparkMeter also recognized as a partner to support West Kentucky Rural Electric Cooperative Corporation under a $1 million grant led by the University of Kentucky to maximize transformer capacity utilization with dynamic line ratings.WASHINGTON, Aug. 28, 2024 /PRNewswire/ -- SparkMeter , a provider of grid management services and solutions that increase access to reliable electricity in underserved communities across Africa, Asia, and the Americas, will support two grant-funded projects under the U.S. Department of Energy (DOE) Office of Electricity 's $7.5 million investment to address system challenges, improve overall grid performance, and advance grid reliability and resilience.The health of distribution transformers plays a significant role in grid resilience and reliability, yet many U.S. utilities in rural regions depend on increasingly aged and undersized transformers to deliver electricity to their customers. As a result, utilities are struggling to predict and mitigate transformer failures to prevent power supply outages in light of more intense weather events, grid-edge renewables, and electrification.Selected to support two of the eight projects awarded grants as part of the Inflation Reduction Act, SparkMeter will accelerate efforts to strengthen and modernize the nation's power grid by partnering with:Iowa State University (ISU), which received $1,000,000 to enhance utilities' awareness of real-time health conditions of distribution transformers, minimizing service disruptions and improving system reliability and resilience; and(ISU), which received to enhance utilities' awareness of real-time health conditions of distribution transformers, minimizing service disruptions and improving system reliability and resilience; and West Kentucky Rural Electric Cooperative Corporation (WKRECC), which is a subrecipient to a $999,933 grant received by the University of Kentucky to improve transformer capacity utilization, reduce overloading, and enhance load modeling and event detection to minimize grid outage times.Both projects will leverage SparkMeter's AI-driven Praxis data engineering platform, which provides a 360-degree view of utility data sources to access and process large-scale datasets from any source. Using Praxis's comprehensive suite of data analytics tools, researchers and utilities can obtain an accurate and insightful understanding of transformer loading conditions in real time.In collaboration with Iowa State University and National Renewable Energy Laboratory (NREL), SparkMeter will leverage its GridScan software to simplify the visualization and analysis of thousands of distribution transformers using data from three utilities: a rural co-op, Linn County REC ; an investor-owned utility, AES ; and a municipal utility, Cedar Falls Utilities (CFU)

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