MidAmerican adding more wind-powered electric genertation
MidAmerican Energy Company is No. 1 in the nation in ownership of wind-powered electric generation among rate-regulated utilities and has more than 1,393 megawatts of wind generating facilities in operation, under construction and under contract in Iowa.
MidAmerican Energy began installing wind turbines in 2004 and has made the investment without raising customers’ electric rates. The last base electric rate increase for MidAmerican Energy’s Iowa customers was in 1995, and the company has committed to keeping base electric rates for Iowa customers stable until 2014.
Approximately 20 percent of MidAmerican’s existing electric generation capability comes from renewable resources.
MidAmerican’s parent, MidAmerican Energy Holdings Company, already is a world leader in renewable energy, with approximately 24 percent of its generating capacity coming from renewable or noncarbon fuel sources. The company’s worldwide renewable power sources are wind, geothermal, hydroelectric and biomass.
Source: MidAmerican Energy