Alliant Energy Corporation · NASDAQ:LNT
Alliant Energy — Q1 2022 Earnings Presentation
7 slides from Alliant Energy's earnings presentation, Apr 29, 2022
Slide 1: Alliant Energy Corporation 2022 First Quarter Earnings Call
Alliant Energy Corporation 2022 First Quarter Earnings Call April 29, 2022
Slide 2: Cautionary Statements
Cautionary Statements Forward-looking Statements The information regarding forecasted earnings per share, forecasted effective income tax rates, and regulatory plans contain forward-looking statements. Actual results could differ materially because the realization of those results is subject to many
Slide 3: Financial Highlights: Q1 2022 Results
Financial Highlights: Q1 2022 Results Strong start to the year with Q1 2022 earnings of $0.77 – greater than 25% of annual earnings guidance achieved Q1 2021 to Q1 2022 GAAP EPS Variances: GAAP EPS Q1 2021 GAAP earnings per share $0.68 $0.77 Higher allow ance for funds used during construction $0.02
Slide 4: Wisconsin Solar Portfolio Progress
Wisconsin Solar Portfolio Progress We are making great progress on 325 MW of solar projects for 2022 and received verbal approval for our second CA filing in Wisconsin for 414 MW of solar Construction underway for 2022 projects Remaining projects are under development with early engineering and
Slide 5: Key Regulatory Initiatives
Key Regulatory Initiatives Recently received verbal approval for 414 MW of additional solar generation in Wisconsin Customer Investments WPL – Approval Received for CA Request for 675 MW of Solar (6680-CE-182) WPL – Verbal Approval Received for CA Request for 414 MW of Solar (6680-CE- 183) Custo
Slide 6: IPL Updated Procedural Schedule
IPL Updated Procedural Schedule Advance ratemaking request for 400 MW Solar and 75 MW Battery Storage Testimony Company Rebuttal Testimony June 20, 2022 Intervenor Sur Rebuttal Testimony July 13, 2022 Prehearing/Hearing Joint Statement of the Issues July 22, 2022 Hearing August 8-10, 2022 6 2022 Q1
Slide 7: Iowa Tax Law Change
Iowa Tax Law Change New tax law is expected to provide meaningful cost benefits to customers as the tax rate declines • On March 4, 2022, the Governor of Iowa Iowa Tax Rate signed a bill that adopts a potential (as estimated by Iowa Department of Revenue) corporate tax rate change from 9.8% to 12.0%