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Since 2011, we have kept retail electric base rates flat and managed customer costs through credits, efficiencies and customized solutions. On April 3, 2017, we requested an increase in electric base rates to support investments in our communities that are:
Get a quick overview of our rate increase request in less than three minutes with this animated info-video!
We dedicate time and resources to help make our communities better places to live and work.
Alliant Energy’s Iowa utility filed its proposal with the Iowa Utilities Board on April 3, 2017. This is the company’s first increase in retail electric base rates since 2011.
The proposal would increase overall rates by 11.6%. Tax credits and transmission refunds will reduce the effect of the increase on customer bills in 2017 and 2018.
The increase will come in two steps. The first is on April 13, 2017 and the second takes effect when the Iowa Utilities Board makes a final ruling on the proposal. This could come in late 2017.
The first step (Interim Rates) is about 2/3 of the final request. This increase is subject to refund if the Utilities Board approves a final increase that is lower than the interim increase.
The second step (Final Rates) is subject to approval from the Utilities Board.
Frequently asked questions about the increase
Q: How do the credits and refunds help customers?
Q: Why are there different increases for different customer?
Q: Why are standby customers getting such a significant decrease of 23%?
1. Revised Time of Day (TOD) option
2. Small Customer Demand Rate Pilot
3. LED lighting
4. Economic Development Rate
5. Limited Income Rate Pilot
6. Second Nature price reduction
7. Electric Vehicle (EV) Charging Rate
Choosing how to manage your energy use might seem complicated, but Alliant Energy is here to help.
We’ve created energy management options to fit all sizes of homes and budgets. Whether you want to reduce your home energy use, improve comfort, or try out a new pricing plan, we can help you decide which options will be most effective for you.
Ways to save
Help us meet electricity needs during peak demand times - and we'll pay you for participating! A small switch on your air conditioner is all that's needed.
Recycle your old working refrigerator, freezer or room air conditioner and get up to $50 on the spot from Alliant Energy. We’ll do all the heavy lifting!
Kick-start your monthly energy savings with a Home Energy Assessment. It’s worth up to $400, but free to all eligible Alliant Energy customers.
Lower your energy bill when you invest in energy-efficient equipment. Receive a money-saving rebate for a qualified purchase.
We offer a variety of payment options to help you gain convenience and control of your account.
Free! Manage your account online anywhere at any time. View your bill, manage your energy use and sign up for payment options.
Instant phone or online payment
Free! Pay by phone or online with a one-time transfer from your bank account.
Free! Your payment is automatically withdrawn from your bank account each month.
Free! Pay the same amount every month. Your payments are averaged to spread heating and cooling costs across the entire year.
Compare payment options chart
This simple chart will help you decide which electronic payment option is best for you.
We have the following customer comment meetings scheduled throughout our service area.
Tuesday, May 23, 2017, at 5:30 p.m.
Bridgeview Center Conference Room
102 Church Street, Ottumwa, Iowa
(The Ottumwa venue will also have an option for customers to participate online. Details will be posted at iub.iowa.gov when available.)
Wednesday, May 24, 2017, at 5:30 p.m.
Clarke High School Auditorium
800 N. Jackson Street, Osceola, Iowa
Thursday, May 25, 2017, at 5:30 p.m.
Muse-Norris Conference Center on the North Iowa Community College Campus
500 College Drive, Mason City, Iowa
Tuesday, May 30, 2017, at 5:30 p.m.
Peosta Community Centre
7896 Burds Road, Peosta, Iowa
Wednesday, May 31, 2017, at 5:30 p.m.
Spencer Area Activity Center
104 East 4th Street, Spencer, Iowa
Thursday, June 1, 2017, at 5:30 p.m.
Iowa Hall, Rooms 316A and 316B on the Kirkwood Community College Campus
6301 Kirkwood Blvd. SW, Cedar Rapids, Iowa
Tuesday, June 6, 2017, at 5:30 p.m.
Orpheum Theatre on the Iowa Valley Community College Campus
220 E. Main Street, Marshalltown, Iowa
Thursday, June 8, 2017, at 5:30 p.m.
McAleer Hall at Holy Family Parish
1111 Avenue E, Fort Madison, Iowa
Q: When does the rate increase take effect?
A: We filed the rate increase proposal on April 3, 2017. By Iowa law, we make an interim change in rates ten days later – April 13. We will adjust our final rates after the Iowa Utilities Board reviews the proposal. We expect this review to finish on or before February 2018.
Q: What happens if the final rates approved by the Utilities Board are less than the interim rates?
A: We believe our request is based on prudent and beneficial investments for our customers. We will refund all extra money collected, plus interest, back to customers.
Q: Can customers provide comments on proposed increase and proposed new rate options?
A: We welcome feedback from our customers. Customers can email comments or questions to email@example.com. Customers can also participate in the state-wide comment meetings.
Q: When is the last time Alliant Energy increased rates in Iowa?
A: Our last base rate increase took effect in 2011. In that time, we’ve made major investments in our power grid to make it more reliable and we’ve also made investments to make the energy we produce cleaner.