in News Departments > Projects & Contracts
print the content item

Wisconsin Power and Light Co. (WP&L,) a subsidiary of Alliant Energy Corp., recently received an oral decision from the Public Service Commission of Wisconsin (PSCW) on its application for fixed financial parameters and advance rate-making principles for its proposed Cedar Ridge Wind Farm.

Cedar Ridge Wind Farm, the first generating facility application in Wisconsin filed in accordance with the provisions of the 2005 Wisconsin Act 7, is a proposed 60 MW to 99 MW project located in Fond du Lac County. According to WP&L, Act 7 allows Wisconsin utilities to request that the PSCW establish, in advance, the principal financial terms and conditions that will apply irrevocably to a new electric generating facility. In its oral decision, the PSCW proposed an authorized return on common equity rate of 10.5%.

"We are disappointed in the terms of the PSCW's decision on ROE [return on equity] and we believe that the decision today is contrary to the intention of Wisconsin Act 7 to encourage investment in new generation, including renewable energy," comments William D. Harvey, Alliant Energy's chair, president and chief executive officer. "WP&L will review the final order and communicate whether or not it intends to make the investment in accordance with the terms and conditions of the PSCW's Act 7 decision."

WP&L adds that the commission's decision on the Certificate of Authority application to construct the Cedar Ridge Wind Farm is expected in May.


Trachte Inc._id1770
Latest Top Stories

Could New Desert Plan Spell The End Of California Wind Energy Development?

The California Wind Energy Association says it is disappointed with the draft Desert Renewable Energy Conservation Plan, which was recently released by state and federal agencies.


New U.S. House Bill Includes Wind PTC Extension

U.S. representatives have introduced the Bridge to a Clean Energy Future Act of 2014, which would extend the production tax credit (PTC) and other provisions through 2016.


Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.


Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.

Canwea_id1984
Renewable NRG_id1934
UnitedEquip_id1995
Future Energy_id2008