Alliant Energy Corporation · NASDAQ:LNT
Alliant Energy — Electric Cost Outlook webinar for Commercial and Industrial Customers, June 2020
19 slides from Alliant Energy's conference presentation, June 2020
Slide 1: Electric Cost Outlook for Commercial and Industrial Customers
Electric Cost Outlook for Commercial and Industrial Customers June 2020
Slide 2: Agenda
Agenda • COVID-19 updates • Digital Manufacturing Lab • Energy cost overview • Overview of customer tools • Questions and survey 2
Slide 3: Powering Through, Together
Powering Through, Together We understand the concern and uncertainty you may be experiencing surrounding the coronavirus (COVID-19). As an essential service, we remain focused on providing safe and reliable energy to our customers and communities. Together, we will power through this. Our support du
Slide 4: Digital Manufacturing Lab
Digital Manufacturing Lab A partnership between Iowa State University’s CIRAS and Alliant Energy, with support from the Iowa Economic Development Authority • Our effort to support Industry 4.0 • A lab designed to reduce the risk of introducing new technologies into Iowa manufacturing • Companies can
Slide 5: Wind projects come to completion
Wind projects come to completion 1,000 MW of new wind generation in Iowa from 2018-2020 Brings ownership to 1,299 MW in Iowa Investment of ~$1.8 billion Benefits: Energy for 430,000 homes Hundreds of jobs for Iowa during construction Tens of millions of dollars in local property taxes th
Slide 6: Electric bill breakdown
Electric bill breakdown Line items that make up your bill Explanation Basic service charge Base costs for each customer no matter their usage Usage costs Cost based on the amount of energy a customer uses. This also includes demand charges for LGS and HLF-LV customers Energy adjustment charge This p
Slide 7: Estimated breakdown of charges on your bill
Estimated breakdown of charges on your bill Commercial Industrial High Load Factor 7
Slide 8: General Service electric cost trends (2018-2020)
General Service electric cost trends (2018-2020) $299 $315 $285 4.8% 5.3% Note: This calculation uses an average general service customer usage (1,986 kWh). Actual usage varies significantly from one business customer to another. This is used to illustrate the average changes between 2018 and 2020 f
Slide 9: Large General Service electric cost trends (2018-2020)
Large General Service electric cost trends (2018-2020) $16,707 $17,325 $15,591 7.2% 3.7% Note: This calculation uses an average large general service customer usage (190,363 kWh, 402.54 kW). Actual usage varies significantly from one business customer to another. This is used to illustrate the avera
Slide 10: High Load Factor – Large Volume cost trends (2018-2020)
High Load Factor – Large Volume cost trends (2018-2020) $2,128,208 $2,124,500 $1,988,635 7% -0.2% Note: This calculation uses an average High Load Factor customer bill (33,423,742 kWh, 55,242.63 kW). Actual cost varies significantly from one business customer to another. This is used to illustrate t
Slide 11: Wind, tax benefits drive energy cost savings
Wind, tax benefits drive energy cost savings • The EAC (Energy Adjustment Charge) line item on a customer bill tracks the actual cost to purchase or produce the energy our customers use, as well as other costs/benefits • A tax benefit will begin flowing through the EAC July 1 and continue one year •
Slide 12: Two upcoming transmission cost refunds
Two upcoming transmission cost refunds • One-time refund starting in June bills (~$30 million) Customer class Refund amount General Service $43.94 (flat amount) Large General Service $1.33/kW* High Load Factor $1.06/kW* *LGS/HLF calculation based on Nov 2018-Oct 2019 demand • MISO return on equity r
Slide 13: 2021 electric cost drivers
2021 electric cost drivers A number of factors for 2021 are not yet determined: • COVID-19 energy usage impact on 2021 riders yet to determined • Transmission rates ‒ Will be provided updates from ITC Midwest this fall ‒ Changes in allocation of cost will drive adjustments in this area • Franchise f
Slide 14: 2021 electric cost outlook
This data may change during the remainder 2021 electric cost outlook of 2020. Check back at alliantenergy.com/iowarates for any updates. Line items that 2020-2021 Detail make up your bill Trend Basic service charge No base rate review filed in 2020. Base service charges will remain stable in 2021. U
Slide 15: My Account
Tools for energy management My Account Everything you need, all in one place • Online credit card/debit card bill payment ($2000 limit) • Set-up automatic payments • Set usage alerts • Get outage and restoration notifications • Add authorized users to see bills, monitor usage or collect data To get
Slide 16: Tools for energy management: Detailed energy analytics
Tools for energy management Detailed energy analytics • Answer five minutes of basic facility questions • Receive customized energy efficiency and electrification recommendations. • Get insights on ‒ Bill costs and energy usage ‒ Usage breakdowns in hourly increments by application ‒ Weather impact
Slide 17: Tools for energy management
Tools for energy management Access Energy Edge via your MyAccount log on 17
Slide 18: Your questions
Your questions • Your questions? ‒ Use the chat feature to submit your questions! • Need follow-up? ‒ Contact your account manager or the business resource center (1-866-ALLIANT) ‒ Email businesscenter@alliantenergy.com ‒ alliantenergy.com/iowarates 18
Slide 19: Thank you for attending!
Your input on today’s presentation • Please take time to respond to the survey link, which will be emailed to registered participants shortly. Thank you for attending! 19