The Ottumwa Courier

Business

March 26, 2014

Alliant Energy agrees to rate freeze, credits

CEDAR RAPIDS — Customers of Alliant Energy’s Iowa electric utility will see no increase in their base electric rates through 2016. Credits will also be included in customer bills based on the three-year agreement filed with the Iowa Utilities Board (IUB) Tuesday.

The agreement is a collective effort by Alliant Energy, the Office of Consumer Advocate, Iowa Consumer Coalition and the Large Energy Group. It will become effective when approved by the IUB.

The customer credits will be $70 million in 2014, $25 million in 2015 and $10 million in 2016. These credits will appear in the energy cost portion of customers’ bills.

The agreement will extend the electric base rate freeze that has been in effect since 2011.

Between 2011 and 2014, Alliant Energy will have invested about $750 million in Iowa’s electric system to improve electric reliability and the emissions profile of its generating stations. This agreement offsets the cost of these investments with savings from the new nuclear purchased power agreement that began in February 2014.

"The base rate freeze and bill credits will continue to support the competitiveness of our Iowa customers and communities," said Tom Aller, president of Alliant Energy’s Iowa utility. “We are pleased that through the collective efforts of our stakeholders, we can propose the unanimous agreement to the IUB and appreciate their consideration of this proposal.”

Alliant Energy continues to invest in the Iowa electric system to:

• Improve the environmental profile of our electric generation by continuing our support of renewable energy and reducing emissions at our existing generation stations.

• Construct the natural gas fired Marshalltown Generating Station, which will add additional flexible and reliable electric generation to our portfolio when completed in 2017.

• Improve customer reliability by investing in the electric distribution system, which has helped significantly reduce outage length and duration since 2010.

Summary of Key Financial Elements of Retail Electric Settlement Agreement

Text Only
Business
  • Local grains for July 25, 2014 (Per bushel) No. 2 No. 1 Corn Soyb Wht Cargill 3.59 Farmer’s 3.55 12.33 DFS Osky 3.54 12.60 Reiff Grain 3.54 12.30 Wapello Co. 3.39 12.25 Two Rivers 3.42 12.37 Tri-County 3.49 12.33

    July 24, 2014

  • Local grains for July 24, 2014 (Per bushel) No. 2 No. 1 Corn Soyb Wht Cargill 3.60 Farmer’s 3.57 12.49 DFS Osky 3.55 12.51 Reiff Grain 3.55 12.40 Wapello Co. 3.47 12.34 Two Rivers 3.42 12.29 Tri-County 3.55 12.48

    July 23, 2014

  • Local grains for July 23, 2014 (Per bushel) No. 2 No. 1 Corn Soyb WhtCargill 3.62Farmer’s 3.60 12.27DFS Osky 3.57 12.47Reiff Grain 3.54 12.20Wapello Co. 3.50 12.17Two Rivers 3.40 12.23Tri-County 3.58 12.26 4.53Troy Blfd 3.59 12.26 4.39Troy Bkbg 3.48 12.16 4.37

    July 23, 2014

  • 0723 OTT Business grant bw photo -L -T SIEC, Co-Bank match trails grant funds BLOOMFIELD — Southern Iowa Electric Cooperative and Co-Bank have awarded the Davis County Trails Council $10,000 through Co-Bank’s Sharing Success Matching Grant Program. Co-Bank’s “Sharing Success” matching grant program is designed to celebrate the

    July 22, 2014 2 Photos

  • Local grains for July 22, 2014 (Per bushel) No. 2 No. 1 Corn Soyb Wht Cargill 3.66 Farmer’s 3.56 12.18 DFS Osky 3.61 12.39 Reiff Grain 3.54 12.04 Wapello Co. 3.46 11.99 Two Rivers 3.44 12.14 Tri-County 3.60 12.08

    July 21, 2014

  • Local grains for July 19, 2014 (Per bushel) No. 2 No. 1 Corn Soyb WhtCargill 3.76Farmer’s 3.69 12.19DFS Osky 3.71 12.40Reiff Grain 3.64 12.00Wapello Co. 3.56 11.95Two Rivers 3.54 12.15Tri-County 3.60 12.04 4.72Troy Blfd 3.57 12.04 4.66Troy Bkbg 3.59 12.05 4.65

    July 19, 2014

  • Ottumwan one of the best PORTLAND, Ore. — Ottumwa High School graduate David Venables has been recognized as an attorney on the rise. Venables, a 2000 OHS grad, has been named one of the top 2.5 percent of lawyers in the state of Oregon. This is his second consecutive year b

    July 18, 2014

  • Local grains for July 18, 2014 (Per bushel) No. 2 No. 1 Corn Soyb WhtCargill 3.84Farmer’s 3.72 12.17DFS Osky 3.79 12.38Reiff Grain 3.67 12.03Wapello Co. 3.64 11.98Two Rivers 3.63 12.13Tri-County 3.65 12.07 4.95Troy Blfd 3.66 12.07 4.80Troy Bkbg 3.67 12.03 4.87

    July 17, 2014

  • Local grains for July 17, 2014 (Per bushel) No. 2 No. 1 Corn Soyb Wht Cargill 3.83 Farmer’s 3.73 12.30 DFS Osky 3.78 12.50 Reiff Grain 3.65 12.15 Wapello Co. 3.63 12.10 Two Rivers 3.61 12.26 Tri-County 3.64

    July 16, 2014

  • Disaster assistance loan available now IOWA CITY — MidWestOne Bank released information this week on a special Disaster Assistance Loan to assist those in Iowa and Western Illinois that have been affected by the rain, floods and storms this season. The MidWestOne Disaster Assistance Loan

    July 16, 2014

Obituaries
Record
Facebook
AP National