Alliant Energy's rate settlement approved
"We will continue to help our customers by advancing clean energy and strengthening the energy grid," said
The IUB approved the partial settlement agreement filed in September. This ruling allows
The specific rate adjustments and overall impacts to customer bills will be available when the company files its revised tariffs.
Today's decision enables the company to move forward with new energy solutions for customers. These include lower cost Time of Day pricing, a lower cost Second Nature program and more. Details on these programs will be available online in early 2018.
The IUB also approved continuation of the transmission rider, which adjusts customer rates based on transmission costs approved by federal regulators. This will allow customers to quickly receive benefits related to lower corporate taxes from the company's transmission providers.
The company continues to review the written decision order from the IUB. Parties have 20 days to ask the IUB to rehear or reconsider its decision. Until that process is concluded, the IUB's decision is not final and the information provided in this news release is subject to change. A copy of the IUB's written order is available on the Iowa Utilities Board website as docket RPU-2017-0001.
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