MidAmerican Plans To Increase Iowa's Wind Portfolio
NAW Staff, Monday 23 April 2007 - 10:32:14
MidAmerican Energy Co., a Des Moines, Iowa-based electric utility and subsidiary of MidAmerican Energy Holdings Co., is seeking approval from the Iowa Utilities Board to add another 540 MW of wind energy to the state.
"In addition to the environmental benefit of adding new wind energy production in Iowa, customers of MidAmerican Energy will continue to benefit from electric rate stability," says Greg Abel, president of MidAmerican Energy Holdings. "The last electric rate increase MidAmerican Energy customers experienced was in 1995, and we propose adding the new wind energy while maintaining electric rate stability until 2014, which is nearly 20 years of electric rate stability for MidAmerican Energy customers."
In addition, the company has announced plans to erect a wind turbine for renewable energy generation at the Iowa State Fairgrounds. The Iowa State Fair wind turbine will be built in part due to the voluntary customer donations to MidAmerican Energy's Renewable Advantage program. Since its inception in 2004, more than $150,000 has been donated to the program. MidAmerican Energy will fund the remaining $743,000 required to erect the wind turbine and make a $4,000 annual payment for the easement for the wind turbine site, the company says.
Construction of the turbine is scheduled to begin this spring and be completed in time for this year's fair, MidAmerican Energy adds.
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