Alliant Energy reducing carbon emissions 80 percent and eliminating coal by 2050
These actions will enable
Other highlights detailed in the report include:
- Accomplishing gender parity on the Board of Directors with 50 percent of members being women.
$2.3 billionplanned capital expenditures to build smarter and more resilient energy infrastructure in the next five years.
- Fossil fuel generation water withdrawals reduced by 40 percent since 2005 with plans targeting a reduction of 75 percent by 2030.
- Closure of all coal ash ponds by the end of 2023.
- Dubuque solar garden is the first Envision® Platinum-rated solar project in the nation.
- Rebates to 155 residential and 33 commercial customers for electric vehicle charging stations and non-road electrification uses, such as forklifts.
- Community investment of
$7.3 millionand 93,000 volunteer hours in 2017, including $2 millionfor electric and heating bill assistance to families in need.
This press release includes forward-looking statements. These forward-looking statements can be identified because they describe reducing carbon emissions, spending plans, or contain words such as "plans," "goal," or words of similar import. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those currently anticipated. Actual results could be affected by such factors as: state or federal regulatory or other government actions; ability to obtain adequate and timely rate relief to allow for, among other things, earning a return on rate base additions and the recovery of costs, including operating costs, transmission costs, environmental compliance and remediation costs, deferred expenditures, deferred tax assets, capital expenditures, and remaining costs related to EGUs that may be permanently closed; the impact to customer costs; the impact of customer- and third party-owned generation, including alternative electric suppliers, in our utility service territories on system reliability, operating expenses and customers' demand for electricity; the ability to utilize tax credits and net operating losses generated to date, and those that may be generated in the future, before they expire; future changes in environmental laws and regulations, including the
These factors should be considered when evaluating the forward-looking statements and undue reliance should not be placed on such statements. The forward-looking statements included herein are made as of the date hereof and
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Media contact: Scott Reigstad (608) 458-3145, Investor Relations contact: Susan Gille (608) 458-3956