Utilities

The Iowa City Area Development Group works aggressively with our utility partners to attract business projects to the region. Our area communities and our utility partners offer a variety of utility options for businesses seeking to expand or locate in the Corridor. The area has one of the top utility services areas in the country. Multiple locations offer very competivie service.  

Click here for additional information about utilities.

Water/Sewer

The Iowa City area offers affordable and abundant public utilities. Water and sewer services are provided by each community.

Electric/Gas

The Iowa City area is represented by multiple electric and gas service companies. MidAmerican Energy, Alliant Energy and the Linn County Electric Rural Cooperative (REC) provide the majority of electric and gas service to our area. The following information highlights service provider(s) in each community served by the Iowa City Area Development Group:

It doesn’t matter which electric or gas provider serves your project. Businesses are reassured knowing every utility company in our service territory consistently ranks among the most competitively-priced suppliers of commercial/industrial gas and electricity in the nation. And, all of our utility companies have competitive incentive programs to make any business project profitable in the Iowa City area.

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MidAmerican Energy

MidAmerican Energy Company, Iowa’s largest energy company, is strategically located in the middle of several major markets in the Midwest. It provides service to more than 713,000 electric customers and more than 694,000 natural gas customers in a 10,600 square-mile area in Iowa, Illinois, Nebraska and South Dakota. MidAmerican Energy Company is a subsidiary of MidAmerican Energy Holdings Company.

MidAmerican meets the needs of its electric customers with more than 6,000 megawatts of generating capability: approximately 50 percent fueled by coal; 27 percent natural gas and oil; 10 percent wind, hydroelectric and biomass; 10 percent nuclear; and 3 percent from other nonrenewable sources. Production costs at coal-fueled generation stations are lower than regional and national averages. The company has majority ownership in four of the five jointly-owned, coal-fueled generating stations in Iowa.

The last electric rate increase MidAmerican Energy customers experienced was in 1995, and the company will not raise electric rates in Iowa – the cost per kilowatt-hour of electricity – through at least 2010.

While the price of natural gas MidAmerican Energy purchases and supplies to customers at cost has risen in recent years, the rate the company charges for the delivery of the natural gas, which is set by state utility regulators, has been the same since 2001.

In 2006 MidAmerican Energy’s Economic Development team touched 150 business development projects:

·         21 new business and expansion projects
·         1,208 new jobs
·         1,063 retained jobs
·         $646.4 million capital investment

For information visit the company’s Web site: www.midamericanenergy.com.

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Alliant Energy

Alliant Energy Corporation is a public utility holding company serving approximately 1 million electric and more than 400,000 natural gas customers in Iowa, Minnesota and Wisconsin. Its service territory covers 54,000 square miles in America’s heartland and includes 9,700 miles of electric transmission lines and 8,000 miles of natural gas main. Alliant Energy generates more than 31 million megawatt hours of electricity each year to serve the upper Midwest. Headquartered in Madison, Wisconsin, Alliant Energy is a Fortune 1,000 company traded on the New York Stock Exchange under the symbol LNT.

Alliant Energy is a leader in economic and community development and partners with the communities it serves to help them reach economic potential.

With more than 50 years of combined experience, Alliant Energy’s Economic Development team provides site location expertise for relocating or expanding businesses, as well as partnership programs and other opportunities for community leaders.

Since 1994, Alliant Energy has participated in 417 new business or expansion projects, with 36,653 new or retained at risk jobs.

In 2006, Alliant Energy’s Economic Development team was involved with 34 projects, resulting in:

Linn County REC

Linn County Rural Electric Cooperative (REC) is a not-for-profit, member-owned electric distribution cooperative serving more than 22,000 members in six counties in eastern Iowa. Membership includes residential and commercial customers in Linn and Johnson counties and line extensions into Jones, Cedar, Iowa and Benton counties. The company, headquartered in Marion, Iowa, is committed to provide a wide variety of member products and services.  

The company provides service to many areas suitable for commercial development, and is eager to attract new businesses and assist existing businesses with efficient use of energy.

Rate incentives are available for new commercial loads or significant expansion of existing commercial loads. The incentives are based on a number of factors including energy usage, job creation and cost of electric service construction. Equipment incentives are available for the purchase and installation of energy efficient equipment such as motors, heat pumps, boilers, chillers and lighting.

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