MADISON, Wis., May 2, 2013 /PRNewswire/ -- Wisconsin Power and Light Company (WPL), a subsidiary of Alliant Energy Corporation (NYSE: LNT), has received oral approval from the Public Service Commission of Wisconsin (PSCW) to install additional emission control technology at Edgewater Generating Station Unit 5 in Sheboygan, Wisconsin.
"Edgewater Unit 5 has always been a strong and efficient energy source for WPL customers," explained John Larsen, President – WPL. "Installing these additional emission controls positions it to continue that service and deliver on our environmental commitment as we transition our generating fleet to meet our customers' energy needs in a safe, reliable and cost effective manner."
Pending a written order from the PSCW, today's decision authorizes WPL to install a scrubber and baghouse system, which will reduce sulfur dioxide emissions from Unit 5 by approximately 90%, with the co-benefit of significantly reducing emissions of fine particulate matter.
WPL expects to begin construction of the project in 2014 and place it in service in 2016. The estimated project cost approved by the PSCW is approximately $410 million excluding AFUDC. This project is expected to create as many as 400 jobs during peak construction.
Wisconsin Power and Light Company (WPL), based in Madison, Wis., provides electric service to approximately 460,000 customers and natural gas service to approximately 180,000 customers in more than 600 communities across central and southern Wisconsin. WPL is committed to providing the energy and exceptional service its customers and communities expect – safely, reliably, and affordably. WPL is a subsidiary of Alliant Energy Corporation, for more information, visit alliantenergy.com or call 1-800-ALLIANT (800-255-4268).
This press release includes forward-looking statements. These forward- looking statements can be identified as such because the statements include words such as "approximately," "expects," or other words of similar import. Similarly, statements that describe future plans or strategies are also forward-looking statements. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those currently anticipated. Actual results could be affected by such factors as: the terms of the final written order approving the project; state regulatory actions or local government actions which delay, prevent or alter the proposed plans, including inability to obtain all necessary approvals and permits; unanticipated construction issues, delays or expenditures, including accuracy of estimates of costs of labor, materials and equipment; failure of equipment and technology to perform as expected; current or future litigation, regulatory investigations, proceedings or inquiries that could impede the implementation of WPL's plans; political conditions in WPL's service territories; changes to WPL's access to capital markets; and economic conditions in WPL's service territory. These factors should be considered when evaluating the forward-looking statements and undue reliance should not be placed on such statements. The forward-looking statements included herein are made as of the date hereof and Alliant Energy and WPL undertake no obligation to update publicly such statements to reflect subsequent events or circumstances.
SOURCE Wisconsin Power and Light Company