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Alliant Energy claims customers in Iowa will receive $180 million in savings over five years from “new energy law”

CEDAR RAPIDS – The new energy efficiency plan for Alliant Energy’s Iowa customers will provide direct financial savings on their monthly energy bill, the company said Tuesday. The plan will also provide cost-effective options to help electric and natural gas customers reduce their energy usage.

Tuesday, the Iowa Utilities Board (IUB) approved the company’s energy efficiency plan for 2019-2023. This plan builds on the company’s nearly 30-year history of offering options and tools to help customers become more energy efficient. This final order ties directly to the enactment of comprehensive energy legislation, Senate File 2311, from the 2018 state legislative session.

Iowa’s new energy law reduces customer fees charged for state required energy efficiency programs, maintains the state’s leadership in renewable energy and provides more opportunities for business growth and job creation. Alliant Energy’s new energy efficiency plan is also expected to save customers 611 million kWh of electricity and 2.5 million therms of natural gas.

“Alliant Energy’s new energy efficiency plan will help Iowa families and businesses realize approximately $180 million in savings on their energy bills over the next five years while continuing to provide access to energy efficiency programs that reduce energy usage,” said Terry Kouba, President of Alliant Energy’s Iowa energy company. ”I would like to thank lawmakers for supporting Iowa’s new energy law, which directly helps our customers keep more of their money.”

Customers will be able to take advantage of the expanded or new energy efficiency programs on April 1. Details on the programs will be available at alliantenergy.com/rebates. The reduction in energy efficiency charges is expected to be reflected on customer bills beginning in June 2019 under the line item Energy Efficiency Programs Charge.

In addition, lower fees for state required energy efficiency programs are already reflected in the proposed rate review the company recently filed with the IUB. This is one of many items reducing the total on customer bills. Customers can find information on this request at alliantenergy.com/iowarates.

Meanwhile, Alliant Energy is seeking rate increases and says gas and electric “base rates will go up” by as much as 24% or more, making many Iowans furious.

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Adam pencil neck Schiff is operations manager.

All the while they are jacking up their price for electricity. what a joke

$700 for a new furnace??? another farce, it has to be a SAFE furnace. I talked to a plumber and he said for it to be a SAFE it has to blow out the same amount of air in each register and he told me that to do that it would cost a lot of money and time, more money then the $700 you get back cause each register has to be fine tuned. Just another “bend over and grab yur ankles”

Strange, that’s not what their web site says. I know they give a rebate on servicing a furnace. I have mine done every year.

They also have some Florida swampland that’s included in the socialist package.

$180 million sounds like a lot, and it would be if it was a win on powerball. But, divided by all Iowa customers and over 5 years equals how much to each customer? And how does that balance out after a 24% rate increase. Don’t be fooled by smoke and mirrors.

break up this MONOPOLY ! MAFIA !

FAKE NEWS !! If you look closely this POS company will NOT raise rates on their larger corporate businesses – SO WE guess the small fart taxpayer (US) will pay for big business increases also. Green deal – billions of taxpayer dollars to wind companies and their greedy partners (Hello Alliant Energy) who have raked in billions in subsides – now they run out so SCREW the little GUY . B S corruption and fake news go together !

after you buy new fridges, stoves, washers, dryers, furnaces and hot water heaters you will get a rebate for them, not as much as you spend on them but will get some back and by the time your 150 yrs old you will get e enough to buy them all

Not anymore. Look it up. They will give $50 for a old refridgerator or air conditioner and that is all. They give nothing for new appliances.They will give a $700 for a new furnace.

they will figure out a way to get it back along with some more.

Even more news:

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