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Alliant Energy Corporation · Madison, WI United States ·(NYSE: LNT)

Company Description

4902 N. Biltmore Ln.
Madison, WI
53707
United States (Map)
Phone: 608-458-3311
Fax: 608-458-0100
Toll Free: 800-255-4268
Rankings
  • S&P 400
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Alliant would like you to increase your reliance on energy. Alliant Energy's utilities, Interstate Power and Light (IP&L) and Wisconsin Power and Light (WPL), provide electricity to 981,650 customers and natural gas to 411,640 customers in four states; the utility operations also own power plants that generate some 5,600 MW of capacity. Nonregulated operations include rail and marine transportation services, independent power production (including wind farms), and real estate. Alliant Energy also provides engineering, consulting, and management services. To read the full description, subscribe now.
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Key Alliant Energy Corporation Financials

Company TypePublic - NYSE: LNT

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$3,681.7
2008 Employees5,318

Alliant Energy Corporation Executives

26 executives listed for Alliant Energy Corporation's Madison, WI location.
TitleName & BioContact
Chairman, President, and CEOWilliam HarveyNetwork
SEVP and COOEliot ProtschNetwork
VP, CFO, and TreasurerPatricia KamplingNetwork

Competition

Competitive Landscape for Alliant Energy Corporation
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.
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