Consumers contend Buffett’s MidAmerican Energy reaping PTCs at their expense #IA

World News: . []

When Iowa utility regulators approved MidAmerican Energy Co.’s Wind VIII project in 2013, Gov. Terry Branstad (R) called the $1.9 billion, 1,050-megawatt build-out a “win-win” for the state. But two years after turbines began spinning, victory is looking a little bit sweeter on the utility’s side of the ledger, according to the state’s consumer advocate. The Office of Consumer Advocate, part of the Iowa attorney general’s office, said MidAmerican is unfairly benefiting by seeking to pass through to ratepayers $3.7 . . .

Read More: https://www.wind-watch.org/news/2017/03/20/consumers-contend-buffetts-midamerican-energy-reaping-ptcs-at-their-expense/

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