Five-year plan includes new programs and greater incentives for customers
to conserve energy
CEDAR RAPIDS, Iowa, April 23 /PRNewswire-FirstCall/ -- Interstate Power
and Light Company (IPL), a subsidiary of Alliant Energy Corporation (NYSE:
LNT), filed with the Iowa Utilities Board (IUB) today its proposed
2009-2013 Energy Efficiency Plan (EEP). The proposed EEP includes a
commitment of approximately $400 million to electric and natural gas energy
efficiency customer programs over the next five years.
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"Our company's long-term energy efficiency strategy plays a role in
meeting our customers' future energy needs," says Tom Aller, president of
IPL. "Our company is committed to pursuing energy options for our customers
that are safe, reliable, affordable and environmentally responsible. Energy
efficiency is a practical energy option that provides our customers with
the opportunity to conserve energy while making a positive impact upon our
environment."
IPL's proposed five-year EEP includes programs for residential,
agricultural, commercial and industrial electric and natural gas customers.
The proposed EEP offers many of the cash rebate and energy audit programs
currently offered by IPL. In addition, the proposed plan includes:
-- Five-year cumulative electric energy savings goals conserving enough
energy to power approximately 88,000 homes for one year
-- Five-year cumulative natural gas energy savings goals conserving enough
energy to serve more than 19,000 homes with natural gas for one year
-- Comprehensive, whole-house energy-efficiency cash rebate program for
existing homes
-- Incentives for Leadership in Energy and Environmental Design (LEED)
certification
-- Expanded energy-efficiency educational opportunities
-- Enhanced cash rebate and audit programs for residential customers with
limited incomes
-- New renewable programs which include financial and technical assistance
to conduct feasibility studies and cash rebates to install equipment
IPL expects to receive an IUB decision on its proposed 2009-2013 EEP in
the fourth quarter of 2008.
"We are proud to play a part in positioning Iowa for a bright energy
future with a comprehensive energy plan that benefits our customers and
Iowa's economy and environment," adds Aller. "Our investments in new
baseload generation, renewable energy resources and energy efficiency,
combined with our retirement and fuel-switching of less-efficient power
plants, will permanently reduce our company's CO2 emissions in 2013 when
comparing it to IPL's current CO2 intensity levels. We are proud to present
a long-term strategy that provides economic development opportunities and
preserves our environment for future generations of Iowans."
IPL's Iowa electric and natural gas customers will be receiving
additional information on the company's proposed EEP in the mail.
Additional information on IPL's proposed EEP or other energy-saving tips is
available by calling 1-800-723-7635 or at powerhousetv.com or
alliantenergy.com.
About Alliant Energy
Alliant Energy is an energy-services provider with subsidiaries serving
approximately 1 million electric and 400,000 natural gas customers.
Providing its customers in the Midwest with regulated electric and natural
gas service is the company's primary focus. Interstate Power and Light, the
company's Iowa utility subsidiary headquartered in Cedar Rapids, Iowa,
serves approximately 530,000 electric and 235,000 natural gas customers.
Alliant Energy is a Fortune 1000 company traded on the New York Stock
Exchange under the symbol LNT. For more information, visit the company's
Web site at http://www.alliantenergy.com.
These forward-looking statements can be identified as such because the
statements include words such as "expects, "plans," "approximately" or
other words of similar import. Similarly, statements that describe future
plans, designs or strategies are also forward-looking statements. Such
statements are subject to certain risks and uncertainties that could cause
actual results to differ materially from those currently anticipated.
Actual results could be affected by such factors as: state or federal
regulatory actions or local government actions, including inability to
obtain all necessary approvals and permits; unanticipated construction
issues, delays or expenditures; failure of equipment, technology or
programs to perform as expected; current or future litigation, regulatory
investigations, proceedings or inquiries that could impede the
implementation of the IPL's plans; political conditions in IPL's service
territories; and economic conditions in IPL's service territory. These
factors should be considered when evaluating the forward-looking statements
and undue reliance should not be placed on such statements. The forward-
looking statements included herein are made as of the date hereof and
Alliant Energy and IPL undertake no obligation to update publicly such
statements to reflect subsequent events or circumstances.
This press release includes forward-looking statements.
SOURCE Alliant Energy Corporation
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Related links: http://www.alliantenergy.com http://www.powerhousetv.com
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CONTACT: Media, Ryan Stensland +1-319-786-4171, or Investor Relations, Jamie Freeman, +1-608-458-3274, both of Alliant Energy
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