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jpak

(41,758 posts)
Fri Jun 1, 2018, 03:17 PM Jun 2018

MidAmerican will be first to create enough wind energy to cover 100% of consumer use

https://www.desmoinesregister.com/story/money/business/2018/05/30/iowa-midamerican-energy-wind-capacity-enough-cover-all-consumers-use/655441002/

MidAmerican Energy said Wednesday it plans to invest $922 million in added wind-power capacity, equaling as much renewable energy as its customers use.

"If the project is approved, it will allow our customers to get 100 percent of their annual energy use from a clean, renewable and cost-effective source," said Adam Wright, MidAmerican's CEO. "This is, no doubt, historic."

MidAmerican said it will be the first investor-owned electric utility nationally to meet the goal, which the Des Moines utility announced in 2016.

The latest wind investment, expected to be completed in late 2020, would enable the company to freeze consumer rates, possibly up to 15 years, MidAmerican said.

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