June 8, 2007: Opponents Line Up to Block Alliant Proposed Transmission System Sale

Many Midwesterners oppose Alliant Energy's New Energy for a New Generation plan on the ground that it may expose customers to rate increases and impact the development of the renewable energy industry.

Times-Republican
Opponents Line Up to Block Alliant Proposed Transmission System Sale
By Ryan Brinks
June 8, 2007
http://www.timesrepublican.com/News/articles.asp?articleID=10130

A major component of Alliant Energy’s New Energy for a New Generation plan first announced in January has attracted a long list of critics.

By last week’s deadline to petition against Alliant Energy’s proposal to sell all of its Interstate Power & Light Company electric transmission assets to Michigan-based ITC Midwest LLC, 23 businesses, organizations or associations had filed an intervention with the Iowa Utilities Board.

Alliant leaders said the sale is hoped to help defray the $1 billion cost of the proposed power plant in Marshalltown, another component to the plan alongside new wind farms in the state.