This will be discussed during a hearing with the Iowa Utilities Board.“The hearing really is where everybody has been asking questions back and forth to get understanding on what’s going on, and so that kind of comes to fruition here,” Alliant Energy spokesperson Justin Foss said.Alliant Energy is proposing a 25 percent increase on the base rate line item on customer’s energy bills over two years.“There are different line items on your energy bill. The company’s mission is to deliver the energy solutions and exceptional service customers and communities count on – safely, efficiently and responsibly. It also approved a refund of $7.5 million for customers paying interim rates.A monthly fee of $4.06 has also been put in place for customers opting out of having an advanced metering infrastructure meter.
80° AUGUSTA, Ga. (WJBF) -- The 2020 Masters Tournament will be taking place this fall but with major changes, prompted by the coronavirus pandemic.Fred Ridley, chairman of Augusta National Golf Club, announced Wednesday that the tournament will be held Nov. 9-15 without patrons or guests on the grounds. (KWWL) - The Iowa Utilities Board reached a final decision today on a request from Alliant Energy/Interstate Power and Light Company that will increase customer's electric rates. Please look at the time stamp on the story to see when it was last updated. Natural gas service rates .pdf. Rebates are issued on a first-come, first-served basis. However, it does not allow Alliant to charge a fee to customers choosing a reduced-pulse meter.Finally, it will establish a principal that the return on equity on interim rates cannot be higher than the return on equity for proposed final rates.The rate changes will take effect after the board's complete review and approval.A little bit more of humidity will be felt today across Eastern Iowa, with mostly sunny to partly cloudy skies.
(KWWL) - The Iowa Utilities Board reached a final decision today on a request from Alliant Energy/Interstate Power and Light Company that will increase customer's electric rates.
So, while one part of the bill goes up, another part of the bill goes down,” Foss said.If the proposal passes, Alliant Energy calculated that the average residential customer would pay under $136 a month for their electric bill.“We don’t know the exact number. Electric service rates.pdf. In Iowa, Alliant and MidAmerican energy rates … 12:22 pm He called the decision "deeply disappointing. Athletes in "high contact" sports will be tested three times per week. 30, 20, and 15 year fixed mortgage loans will transfer servicing to an investor. The proposal also makes other accounting adjustments to hold rates steady.This press release includes forward-looking statements. With the IUB approving an increase that is "drastically" less, customers won't see a huge difference. That includes football, volley and soccer. Quoted rates assume purchase money mortgage, single family, owner occupied dwelling with loan amount of $150,000 and a purchase price of $200,000 using a 30-day lock with a minimum credit score of 740. 82° But that may change, as the Iowa Utilities Board has until the end of the year to make a decision.The Iowa Utilities Board Director of Communications Don Tormey said, “The final rates won’t be determined until the Board issues its final decision order. Alliant Energy's (LNT) second-quarter earnings improve year over year driven by new rates and favorable temperature. Alliant's compliance filings, filed January 17, 2020, were approved by the IUB in a subsequent order, issued February 20, 2020.
It'll be about 20 days before the company has a better sense of the impact once it submits recalculations of rates based on the IUB's ruling.
Actual results could be affected by such factors as: the inability to obtain regulatory approvals; availability or increased costs of equipment, commodities used in equipment, labor and real estate; unanticipated construction issues, delays or expenditures; failure of equipment and technology to perform as expected; adverse interpretation or enforcement of regulatory or permit conditions; current or future litigation, regulatory investigations, proceedings or inquiries that could impede the implementation of Alliant Energy's plans; political conditions in Alliant Energy's service territories; changes to Alliant Energy's access to capital markets; the direct or indirect effects resulting from the COVID-19 pandemic on sales volumes, margins, operations, the ability to complete construction projects, supply chains, customers’ inability to pay bills, suspension of disconnects, waiving of late fees applied to past due accounts, and economic conditions in Alliant Energy's service territory. What’s the pace of change we want to make going forward?” Foss said.Alliant Energy proposed to start the new rates on Jan. 1, 2020. Alliant Energy looks forward to working with the Commission and stakeholders to get an expedited approval. Isolated showers are possible in the… DES MOINES, Iowa — Alliant Energy customers are no strangers to paying more for their electric bills.Alliant Energy’s original proposal filed in March of 2019 asked for two stages of rate increases, the interim rate increase in April of 2019 and the second stage increase in January 2020.
84° We are proud to be a Midwest energy company that provides electric and natural gas services to our customers and communities throughout Iowa and Wisconsin. "But we're going to enhance that work and continue to work with customers to help them understand the decisions we're making. We've got programs and services just for small business customers.
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