Our online 2019 Corporate Sustainability Report went live today.
The report outlines our continuing efforts to meet the ever changing needs of our customers in an affordable, safe, reliable and sustainable way.
It can be accessed at alliantenergy.com/sustainability.
“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.”
We have been transitioning toward cleaner energy for more than a decade. Between 2016 and 2020, our company expects to spend approximately $2 billion on new company-owned wind generation. By the end of 2020, we 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.
We are targeting a 40% reduction in carbon emissions below 2005 levels by 2030 and an 80% reduction by 2050. Last year, we were among the first utilities to state that it plans to eliminate all existing coal from its energy mix by 2050.
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.
- Upland Prairie and English Farms 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.