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Iowa Supreme Court backs wind expansion; MidAmerican can continue a project approved in 2009
The decision means MidAmerican can continue its ongoing expansion approved by regulators in 2009, which allowed the firm to add 1001 megawatts and allow the company to pass certain costs to customers in a rate increase ...It also means that MidAmerican does not have to buy wind power from NextEra, which the Florida company had proposed as an alternative.
June 8, 2012
by Ryan J. Foley
in Des Moines Register
The Iowa Supreme Court on Friday upheld a regulatory decision that allowed a huge expansion of wind energy by the state's largest utility, rejecting a challenge from a rival company who claimed it was unnecessary and unfair to other energy producers.
The court voted 5-0 to uphold a 2009 decision by the Iowa Utilities Board that gave Des Moines-based MidAmerican Energy Co. the ability to nearly double its wind power generation and guaranteed the firm could raise customers' rates in the future to recover much of the cost of expansion. The court rejected a challenge by Florida-based NextEra Energy Resources, a... [continue via Web link]
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