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Alliant Energy reviewed rates, will be lower but still high

Des Moines, Iowa – Alliant Energy customers will still be paying higher rates for their electric bills, but it won’t be as much as originally reported.

The company released a statement Thursday saying they’ve filed a partial settlement agreement in its current electric rate review.  There will be “modest” rate increase for interim rates in 2020 – smaller than the first request. 

 Alliant Energy will allow one-time credits to lessen the overall impact to customers in that year.  The final bill impact will be decided through the rate review process.

 

According to a report, billing credits could reach $35 million in 2020, but it did not say on average how much each home would save.

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Kellan Heavican

News & Sports Director

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