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The utility is asking to raise its rates to cover added operation costs, support grid resiliency and allow future growth, Hawk said.
IPL is moving overhead power lines underground to decrease the number and the length of power outages. Frequency and duration of Alliant outages have decreased by about 30 percent over the last decade as more lines have moved underground, Hawk said.
The utility also is expanding its fiber network among several facilities in Iowa. These upgrades ensure reliable communication throughout the energy system during emergencies and outages.
Alliant is diversifying its energy mix by incorporating more renewable energy into its portfolio. Its
Clean Energy Blueprint calls for the retirement of its coal fleet, increased use of renewable resources and reduction of its emissions in Iowa. Green energy is more cost-effective for customers long-term, creates jobs and tax revenues for communities, and is cleaner for the environment, Hawk said.
“The proposed increases really reflect our investment to continue building a more reliable, sustainable and resilient energy future here in Iowa,” he said.