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Hearing on Iowa electricity rate increase ends
Posted: 09.24.2010 at 7:51 AM
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DES MOINES, IOWA (AP) -- The Iowa Utilities Board has until January to decide if it will grant a $150 million electricity increase to Alliant Energy.
   
A four-day hearing on the utility's rate request ended Thursday. The Gazette in Cedar Rapids reports that the board also is to consider if it will penalize the utility for going over cost on construction of a wind farm. The board also is to decide if it will allow consumers to pay for previous investments into a now-defunct generating station.
   
Also at issue is if the board will prevent Alliant from passing on millions of dollars in transmission cost hikes, among other issues.
   
Alliant faces opposition to its request. The state Office of Consumer Advocate says it is concerned with long-term implications of the plan.

(Copyright ©2010 by The Associated Press. All Rights Reserved.)

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