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MidAmerican Energy Company

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For the controlling holding company previously known as MidAmerican Energy Holdings Company, see Berkshire Hathaway Energy.
MidAmerican Energy Company
Company typePrivate company
IndustryEnergy
Founded1995
Headquarters
Des Moines, Iowa
,
U.S.
Area served
Iowa
Illinois
South Dakota
Nebraska
Key people
William J. Fehrman, President & CEO
ProductsElectricity generation, transmission and distribution
ParentBerkshire Hathaway Energy
Websitewww.midamericanenergy.com

MidAmerican Energy Company is an electric and natural gas energy business based in Des Moines, Iowa.[1] MidAmerican Energy has ownership interest in a diverse portfolio of generating facilities and provides energy to 0.8 million regulated retail electric customers in portions of Iowa, Illinois and South Dakota and 0.7 million regulated retail and transportation natural gas customers in portions of Iowa, Illinois, Nebraska and South Dakota. Its service territory covers approximately 11,000 square miles and is wholly encompassed by the territory of the Midcontinent Independent System Operator. Major cities in MidAmerican Energy's service territory are Council Bluffs, Des Moines, Fort Dodge, Iowa City, Sioux City, and Waterloo, Iowa; the Quad Cities; and Sioux Falls, South Dakota.

MidAmerican Energy Company is a subsidiary of Berkshire Hathaway Energy.

History

MidAmerican Energy was formed in 1995 by the merger of the Iowa-Illinois Gas and Electric Company with Midwest Resources.[2] Midwest Resources in turn, was formed in 1990 by the merger of Midwest Energy and Iowa Resources. Midwest Energy was the holding company for Iowa Public Service company (IPS), the main power provider for northwestern Iowa, while Iowa Resources was the holding company for Iowa Power and Light Company, the main power provider for central and southwestern Iowa.[3]

Renewable Energy

MidAmerican Energy's first wind farm - Intrepid I, located in Buena Vista County and Sac County in Iowa - was completed in 2004. owns more wind-powered generating capacity than any other rate-regulated energy provider in the U.S. As of December 31, 2015, approximately 41 percent of MidAmerican Energy's owned and contracted generation capacity came from In addition to traditional power plants, MidAmerican Energy began investing in green energy generation in 2004. As of March 2014, approximately 2,285 megawatts, or nearly 30 percent, of MidAmerican Energy’s total owned generation capacity came from energy generated by the company’s 1,267 wind turbines. In May 2013, MidAmerican Energy announced plans to invest up to $1.9 billion to expand its wind generation fleet and add up to 1,050 megawatts of wind generation in Iowa by year-end 2015. Siemens Wind Power, the manufacturer of the turbines, states that at the time (December 2013) this was the largest single order of onshore wind power turbines that any company had ever received.[4] Components for the turbines are manufactured at two different sites in Iowa and Kansas, and all turbines are to be sited in Iowa.[5] Once the expansion is complete, approximately 3,335 megawatts, or approximately 39 percent, of MidAmerican Energy’s total owned generation capacity will come from wind-powered generation from 1,715 wind turbines.[6] MidAmerican Energy projects that wind power will supply one third of its energy generation by 2020. [7]

See also

References

  1. ^ http://www.midamericanenergy.com/our-company.aspx
  2. ^ James Averweg Testimony before the Iowa Utilities Board, Iowa Utilities Board, June 7, 2007.
  3. ^ Midwest Resources Inc company history from Funding Universe
  4. ^ "Siemens awarded largest onshore wind power order to date". Siemens Global Website. Retrieved 4 March 2014.
  5. ^ "World's biggest onshore wind turbine order goes to Iowan wind projects". EcoSeed. Retrieved 4 March 2014.
  6. ^ "Wind energy overview". MidAmerican Energy Company. Retrieved 4 March 2014.
  7. ^ Iowa Utilities Board Docket No: RPU-2013-0003. {{cite web}}: |access-date= requires |url= (help); Missing or empty |title= (help); Missing or empty |url= (help)

External links

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