Retiring MidAmerican’s Coal by 2030 Could Save Iowans $1.2 Billion
According to a new independent analysis commissioned by ELPC and our partners, MidAmerican Energy could save Iowans nearly $1.2 billion by retiring all of its coal plants by 2030 and replacing its coal fleet with approximately 2,000 MW of solar generation, 740 MW of battery storage, and 2,000 MW of supplemental wind power. Earlier this year, ELPC and other environmental groups sued the Iowa Utilities Board for refusing to evaluate MidAmerican coal plants, and this study further validates our concerns.
Coal is detrimental to public health and pocketbooks across the state. “MidAmerican should act in the best interest of its customers. If it doesn’t, the Utilities Board needs to step in,” said Josh Mandelbaum, Senior Attorney for ELPC. “MidAmerican has not been transparent with the Board or its customers. It’s time to take a closer look at what MidAmerican plans to do and whether its decisions are reasonable.”
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