A Dark Vector Cognition product

Item 2. PROPERTIES

13K characters. Original on sec.gov ·

Item 2. PROPERTIES

IPL

Electric - At December 31, 2014, IPL’s EGUs by primary fuel type were as follows:

PrimaryNameplateGenerating
In-serviceDispatchCapacityCapacity
Name of EGULocationDatesType (a)in MWin MW (b)
Ottumwa Generating Station (Unit 1) (c)Ottumwa, IA1981BL348316
Lansing Generating Station (Unit 4)Lansing, IA1977BL275247
M.L. Kapp Generating Station (Unit 2) (d)Clinton, IA1967BL218195
Prairie Creek Generating Station (Units 1,3,4)Cedar Rapids, IA1958-1997BL213142
Burlington Generating Station (Unit 1)Burlington, IA1968BL212194
George Neal Generating Station (Unit 4) (e)Sioux City, IA1979BL179159
George Neal Generating Station (Unit 3) (f)Sioux City, IA1975BL164134
Louisa Generating Station (Unit 1) (g)Louisa, IA1983BL3229
Total Coal1,6411,416
Emery Generating Station (Units 1-3)Mason City, IA2004IN603499
Sutherland Generating Station (Units 1,3) (d)Marshalltown, IA1955-1961IN11984
Fox Lake Generating Station (Units 1,3) (d)Sherburn, MN1950-1962IN9383
Burlington Combustion Turbines (Units 1-4) (d)Burlington, IA1994-1996PK7960
Dubuque Generating Station (Units 3-4) (d)Dubuque, IA1952-1959IN6659
Grinnell Combustion Turbines (Units 1-2) (d)Grinnell, IA1990-1991PK4838
Red Cedar Combustion Turbine (Unit 1)Cedar Rapids, IA1996PK236
Total Gas1,031829
Marshalltown Combustion Turbines (Units 1-3)Marshalltown, IA1978PK189140
Lime Creek Combustion Turbines (Units 1-2)Mason City, IA1991PK9060
Centerville Combustion Turbines (Units 1-2) (d)Centerville, IA1990PK5445
Diesel Stations (7 Units) (d)Iowa and Minnesota1963-1996PK148
Total Oil347253
Whispering Willow - East (121 Units) (h)Franklin Co., IA2009IN200—
Total Wind200—
Total capacity3,2192,498
(a)Base load EGUs (BL) are designed for nearly continuous operation at or near full capacity to provide the system base load. Intermediate EGUs (IN) follow system load changes with frequent starts and curtailments of output during low demand. Peak load EGUs (PK) are generally low efficiency, quick response units that run primarily when there is high demand.
(b)Based on the accredited generating capacity of the EGUs included in MISO’s resource adequacy process for the planning period from June 2014 through May 2015.
(c)Represents IPL’s 48% ownership interest in this 726 MW (nameplate capacity) / 659 MW (generating capacity) EGU, which is operated by IPL.
(d)Refer to “Strategic Overview” in MDA for discussion of EGUs that may be retired or changed from coal-fired to an alternative fuel source in the next few years.
(e)Represents IPL’s 25.695% ownership interest in this 696 MW (nameplate capacity) / 620 MW (generating capacity) EGU, which is operated by MidAmerican Energy Company.
(f)Represents IPL’s 28% ownership interest in this 584 MW (nameplate capacity) / 479 MW (generating capacity) EGU, which is operated by MidAmerican Energy Company.
(g)Represents IPL’s 4% ownership interest in this 812 MW (nameplate capacity) / 728 MW (generating capacity) EGU, which is operated by MidAmerican Energy Company.
(h)Generating capacity represents 0% of the capacity of this wind project based upon the MISO resource adequacy process, which is determined separately for each wind site, during the planning period from June 2014 through May 2015. The 0% allocation resulted from the lack of firm transmission at this wind site during the planning period from June 2014 through May 2015.

At December 31, 2014, IPL owned approximately 19,642 miles of overhead electric distribution line and 2,961 miles of underground electric distribution cable, as well as 696 substation distribution transformers, substantially all of which are located in Iowa and Minnesota.

Gas - IPL’s gas properties consist primarily of mains and services, meters, regulating and gate stations and other related transmission and distribution equipment. At December 31, 2014, IPL’s gas distribution facilities included approximately 5,088 miles and 237 miles of gas mains located in Iowa and Minnesota, respectively.

Other - IPL’s other property consists primarily of steam service assets, operating and storeroom facilities, vehicles, computer hardware and software, communication equipment and other miscellaneous tools and equipment.

WPL

Electric - At December 31, 2014, WPL’s EGUs by primary fuel type were as follows:

PrimaryNameplateGenerating
In-serviceDispatchCapacityCapacity
Name of EGULocationDatesType (a)in MWin MW (b)
Columbia Energy Center (Units 1-2) (c)Portage, WI1975-1978BL514494
Edgewater Generating Station (Unit 5)Sheboygan, WI1985BL414406
Edgewater Generating Station (Unit 4) (d) (e)Sheboygan, WI1969BL239199
Nelson Dewey Generating Station (Units 1-2) (e)Cassville, WI1959-1962BL227202
Edgewater Generating Station (Unit 3) (e)Sheboygan, WI1951IN6969
Total Coal1,4631,370
Riverside Energy Center (Units 1-3)Beloit, WI2004IN675545
Neenah Energy Facility (Units 1-2)Neenah, WI2000PK371281
South Fond du Lac Combustion Turbines (2 Units) (f)Fond du Lac, WI1994PK191143
Rock River Combustion Turbines (Units 3-6) (e) (g)Beloit, WI1967-1972PK16988
Sheepskin Combustion Turbine (Unit 1) (e)Edgerton, WI1971PK4235
Total Gas1,4481,092
Bent Tree (122 Units) (h)Freeborn Co., MN2010-2011IN201—
Cedar Ridge (41 Units) (i)Fond du Lac Co., WI2008IN688
Total Wind2698
Prairie du Sac Hydro Plant (8 Units)Prairie du Sac, WI1914-1940IN3112
Kilbourn Hydro Plant (4 Units)Wisconsin Dells, WI1926-1939IN106
Total Hydro4118
Total capacity3,2212,488
(a)BL are designed for nearly continuous operation at or near full capacity to provide the system base load. IN follow system load changes with frequent starts and curtailments of output during low demand. PK are generally low efficiency, quick response units that run primarily when there is high demand.
(b)Based on the accredited generating capacity of the EGUs included in MISO’s resource adequacy process for the planning period from June 2014 through May 2015.
(c)Represents WPL’s 46.2% ownership interest in this 1,112 MW (nameplate capacity) / 1,070 MW (generating capacity) EGU, which is operated by WPL.
(d)Represents WPL’s 68.2% ownership interest in this 351 MW (nameplate capacity) / 292 MW (generating capacity) EGU, which is operated by WPL.
(e)Refer to “Strategic Overview” in MDA for discussion of EGUs that may be retired in the next few years.
(f)Represents Units 2 and 3, which WPL owns. WPL also operates South Fond du Lac Combustion Turbines Units 1 and 4.
(g)Rock River Combustion Turbine Unit 6 was not operating during the testing period for MISO’s resource adequacy process for the planning period from June 2014 through May 2015, resulting in no capacity being accredited to the EGU for that planning period.
(h)Generating capacity represents 0% of the capacity of this wind project based upon the MISO resource adequacy process, which is determined separately for each wind site, during the planning period from June 2014 through May 2015. The 0% allocation resulted from the lack of firm transmission at this wind site during the planning period from June 2014 through May 2015.
(i)Generating capacity represents 12% of the capacity of this wind project based upon the MISO resource adequacy process, which is determined separately for each wind site, during the planning period from June 2014 through May 2015.

At December 31, 2014, WPL owned approximately 16,340 miles of overhead electric distribution line and 5,198 miles of underground electric distribution cable, as well as 303 substation distribution transformers, substantially all of which are located in Wisconsin.

Gas - WPL’s gas properties consist primarily of mains and services, meters, regulating and gate stations and other related transmission and distribution equipment. At December 31, 2014, WPL’s gas distribution facilities included approximately 4,195 miles of gas mains located in Wisconsin.

Other - Refer to Note 10(b) for information regarding WPL’s lease of Sheboygan Falls from Resources’ Non-regulated Generation business. WPL’s other property consists primarily of operating and storeroom facilities, vehicles, computer hardware and software, communication equipment and other miscellaneous tools and equipment.

Resources - Resources’ principal properties included in “Property, plant and equipment, net” on Alliant Energy’s balance sheet at December 31, 2014 were as follows:

Non-regulated Generation - Includes Sheboygan Falls, a 347 MW, simple-cycle, natural gas-fired facility near Sheboygan Falls, Wisconsin that was placed in service in 2005 and is leased to WPL, and the 99 MW (60 Units) Franklin County wind project in Franklin County, Iowa that was placed in service in 2012. Sheboygan Falls was accredited with 280 MW of generating capacity for MISO’s resource adequacy process for the planning period from June 2014 through May 2015.

Transportation - Includes a short-line railway in Iowa with 114 miles of railroad track, 12 active locomotives and 72 rail-cars; a barge terminal on the Mississippi River; and a coal terminal in Williams, Iowa.

Other non-regulated investments - Includes two corporate airplanes and real estate investments.

Corporate Services - Corporate Services’ property included in “Property, plant and equipment, net” on Alliant Energy’s balance sheet at December 31, 2014 consisted primarily of computer software and the corporate headquarters building located in Madison, Wisconsin. Corporate Services is also implementing a new customer billing and information system for IPL and WPL, which is currently expected to be deployed in 2015.

Previous: Item 1B. UNRESOLVED STAFF COMMENTS · Next: Item 3. LEGAL PROCEEDINGS