ALLIANT ENERGY ANNOUNCES IOWA WIND FARM EXPANSION

Iowa customers and communities will
benefit because of a new renewable energy
source from Alliant Energy’s Iowa energy
company and Invenergy. The companies
announced the signing of contracts through
which Invenergy will complete development
of the 210-megawatt (MW) Richland Wind
Farm in Sac County, Iowa. Alliant Energy
will construct and own the wind farm.

Located in west-central Iowa, Richland
Wind Farm is expected to create more than
150 construction jobs as well as inject tens
of millions of dollars in economic benefits to the local area. It will be completed by early 2020 and is expected to produce enough clean energy for 80,000 average Iowa homes a year.

Richland Wind Farm is part of Alliant Energy’s plan to add 1,000 MW of new wind generation for its Iowa customers by the end of 2020. The expansion comes from five new wind farms in Iowa.  Richland Wind Farm is the fifth and final part of this project.

ALLIANT ENERGY INVESTING TO KEEP COSTS LOW

Alliant Energy’s Wisconsin energy company has filed plans with the Public Service Commission of Wisconsin (PSCW) to build a wind project that will lower energy costs for Wisconsin customers starting in 2020. The proposed project will be located in North Central Iowa which has consistently strong wind resources. Customers will benefit directly from fuel-free renewable energy that provides long-term cost stability. The cost to build new wind projects has decreased significantly over the last several years. This is largely the result of continued technological advancements that improve turbine efficiency. This project would add 150 megawatts of wind energy, enough to power an additional 70,000 homes. The company’s Wisconsin customers already benefit from low-cost wind through Alliant Energy’s ownership in three wind farms.

WISCONSIN ALLIANT CUSTOMERS TO RECEIVE A RATE FREEZE

Wisconsin customers of Alliant Energy will see no increase to base electric and natural gas rates through 2020 under a proposal filed with the Public Service Commission of Wisconsin (PSCW). Customer rates will drop for the remainder of 2018 due to bill credits following a separate PSCW decision.

“The rate freeze is a win for customers,” according to John Larsen, President of Alliant Energy Corporation. “We’ve worked hard to hold the line on costs through 2020. It’s important to us to deliver cleaner power to families and businesses while keeping rates down.”

The company reached agreement on the proposal with significant input and collaboration from the Citizens Utility Board (CUB) and Wisconsin Industrial Energy Group (WIEG). If approved by the PSCW, the plan would be in effect 2019-2020. A decision is expected later in 2018. No rate increase proposed for 2019-2020. The proposal reflects Alliant Energy’s efforts to lower operational and fuel costs, along with expected tax savings from the 2017 Tax Cuts and Jobs Act. Included are investments for making electricity from cleaner and renewable sources. Alliant Energy’s retail electric rates are among the lowest in Wisconsin.

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Alliant Energy to Build English Farms Wind Farm

Alliant Energy’s Iowa energy company will add more clean energy with the acquisition of the English Farms Wind Farm.  The company finalized an agreement with developer Tradewind Energy for the 170-megawatt project, located in Poweshiek County in central Iowa.

“Wind energy is a win for Iowans,” said Doug Kopp, President of Alliant Energy’s Iowa Energy Company. “The benefits of this project help customers through reductions in emissions and fuel cost. It gives landowners lease payments to help on the farm and it helps communities through increased local tax revenue for schools and community services.” Alliant Energy will build and own English Farms Wind Farm, with major construction starting in 2018. This is one of several wind farms the company is building to deliver cost-competitive, clean energy to customers.

Alliant Energy received approval in 2016 to add up to 500 megawatts of wind energy in Iowa. The company has requested a similar wind expansion from the Iowa Utilities Board again in 2017. With these combined projects, customers will get more than one-third of their energy from wind by the end of 2020. This overall wind expansion represents a roughly $1.8 billion investment and adds up to 1,000 megawatts of new wind generation in Iowa. Together, that’s enough to power up to 430,000 Iowa homes a year.

Madison’s Alliant Energy names senior vice president as the company’s new president

Alliant Energy has named a current company executive as its new president. 

John Larsen became president on Jan. 1, the company announced Monday, December 11, 2017. He has taken over for Patricia Kampling, who will now lead the company as chairwoman and CEO. 

“(Larsen’s) deep experience and strong industry relationships help position Alliant Energy to grow and meet the evolving needs of our customers and communities,” Kampling said. 

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