Alliant Energy released its Corporate Sustainability Report (alliantenergy.com/sustainability) today, highlighting the company’s broad sustainability efforts. The report outlines Alliant Energy’s continuing efforts to meet the ever-changing needs of their customers in an affordable, safe, reliable and sustainable way.
“Our world is changing – and so are we,” said Alliant Energy Chairman, President and CEO John Larsen. “We’re listening to our customers, employees and key stakeholders and continuing to evolve how we do business. Every day, our work is focused on enhancing the environmental, social and economic conditions of the communities we have the honor to serve.”
Alliant Energy has been transitioning toward cleaner energy for more than a decade. Between 2016 and 2020, the company expects to spend approximately $2 billion on new company-owned wind generation. By the end of 2020, Alliant Energy will own 12 wind farms with the capacity to power nearly 600,000 homes. This equals the energy needed to power about 60% of the company’s residential customer base.
Alliant Energy is targeting a 40% reduction in carbon emissions below 2005 levels by 2030 and an 80% reduction by 2050. Last year, the company was among the first utilities to state that it plans to eliminate all existing coal from its energy mix by 2050.
“Act for tomorrow” is a core value at Alliant Energy. The company strives to use resources wisely, care for the environment and continuously improve. Alliant Energy is focused on delivering affordable energy in a sustainable manner and supporting economic development in its service area. This is critical to making sure communities grow and remain vibrant into the future.
Highlights detailed in Alliant Energy’s Corporate Sustainability Report include:
- Near-term capital investments from 2019 through 2022, focusing primarily on adding renewables and distribution improvements
- Two planned solar gardens adjacent to the company’s newest natural gas-fired generating stations
- Counties with existing wind farms, combined with those being built and developed, sharing an estimated average of $18 million a year in tax payments and utility-shared revenues by 2028
- Hiring a goat herd to eat invasive plants where using equipment would be a challenge and pesticides could impact the environment
- Plans to install most new electric lines underground as well as burying those that need replacement or upgrade
- English Farms and Upland Prairie wind farms earning Envision® Platinum ratings
- Eighty-two percent annual landfill diversion rate achieved for large construction projects
- Rebates to 315 residential and 15 non-residential customers for electric vehicle charging stations
- Community investment of $7.4 million and nearly 90,000 volunteer hours in 2018, including $2 million for electric and heating bill assistance to families in need
Alliant Energy Corporation (NASDAQ: LNT)
Headquartered in Madison, Wis., provides regulated electric and natural gas service to 960,000 electric and 410,000 natural gas customers across Iowa and Wisconsin. Alliant Energy’s mission is to deliver the energy solutions and exceptional service customers and communities count on – safely, efficiently and responsibly. Interstate Power and Light Company and Wisconsin Power and Light Company are Alliant Energy’s two public utility subsidiaries. Alliant Energy Corporation is a component of the S&P 500 and trades under the symbol LNT. For more information, visit alliantenergy.com.
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