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You are here: Home / Business / Alliant to ask for electric rate increase

Alliant to ask for electric rate increase

March 29, 2002 By admin

Alliant Energy will ask for an electricity rate increase from the Iowa Utilities Board. Company spokesman John Ruff says it has been seven-to-15 years since Iowa customers have seen a rate hike.Ruff says the rate increase will help pay for investments in utility poles, wires and generating plants. He says the rate increase will be a relatively small one.Alliant has 464-thousand electric customers in Iowa. The proposed increase would average nine-point-six percent, and Ruff says it will cost customers an average of eight dollars a month.

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Filed Under: Business Tagged With: Utilities

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