Iowa Wind Legislation Passes

April 7, 2003 [] The doors have swung open for wind power in Iowa as the State Legislature approved a bill that would allow a public utility to own wind energy production facilities. MidAmerican Energy Holdings requested the legislation. The company had announced plans recently to build up to 200 wind turbines in northern Iowa. The proposed US$323 million dollar farm would generate 310 MW, nearly enough to power 85,000 homes. The measure will ensure that the company receives Renewable Energy credits for building and owning its own wind turbines. Current law gives the credits only to companies that buy Renewable Energy from other sources. Under the bill, MidAmerican would not have a rate increase in three years.
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