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MidAmerican Energy Company is No. 1 in the nation in ownership of
wind-powered electric generation among rate-regulated utilities and
has more than 1,200 megawatts of wind generating facilities in operation, under
construction and under contract in Iowa.
The existing 673 megawatts of owned wind generating facilities are located at four sites in northwest,
north central, west central and central Iowa. The Intrepid Project in Sac and Buena Vista counties in
northwest Iowa, the Century Project in Wright and Hamilton counties in north central Iowa, the
Pomeroy Project in Pocahontas County to the west and north of the Century Project, and
the Victory Project in Carroll and Crawford counties in west central Iowa, have the
capacity to produce enough electricity to power 390,000 U.S. homes.
MidAmerican began building wind turbines in 2004 and has made the investment without
raising customers’ electric rates. The price of electricity per kilowatt-hour, the electric
rate, for MidAmerican customers is lower today than it was in 1995, and the company has
committed to not seek an electric rate increase to become effective until 2014,
which is nearly 20 years without a rate increase. Also, the company does not have any
electric rate increases planned for its customers in Illinois or South Dakota.
When the wind expansion is complete, approximately 18 percent of MidAmerican's existing
electric generation capability will come from renewable resources.
MidAmerican's parent, MidAmerican Energy Holdings Company, already is a world leader in
renewable energy, with approximately 12 percent of its generation portfolio around the
globe coming from noncarbon fuel sources. The company's worldwide renewable power sources
are wind, geothermal, hydroelectric and biomass. |
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©2008 MidAmerican Energy
Company. All rights reserved.
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