Iowa Approves Alliant Relaxed Efficiency Plan
DES MOINES, Iowa (AP) - The Iowa Utilities Board on Monday approved a plan by Alliant Energy to reduce its required energy efficiency goals for 2014 through 2018.
The company says it will carry out 25 energy efficiency programs that will cost nearly $77 million in 2014 and nearly $82 million by 2018. On average that's about 1.1 percent of annual sales.
Environmental groups criticize the ruling, saying the new goals are a reduction from the current goal of 1.3 percent of sales and represent less than half the efficiency progress possible. The groups say many states are demanding more energy saving, not less.
The board says the plan is reasonable. Tom Aller, president of Alliant Energy's Iowa utility, says the new plan provides valuable programs for customers.