Midland Power Cooperative to invest $2.3 million toward energy efficiency

Midland PowerMidland Power Cooperative’s Energy Efficiency Plan (2015-2019) was filed Jan. 5 with the Iowa Utilities Board and the Iowa Attorney General’s Office of Consumer Advocate by the Iowa Association of Electric Cooperatives.

In this plan, Midland Power intends to invest approximately $2.3 million in energy efficiency programs over the next five years. The energy savings from the five-year plan are expected to total more than 217 million kWh over the life of the measures installed, which represents enough electricity to power more than 12,000 homes for a full year.

Midland Power has offered energy efficiency rebates and programs to its members for more than two decades. Some of the categories of rebates offered include geothermal and air source heat pumps, lighting, insulation/weatherization, water heating, and appliances as well as commercial and agricultural energy efficiency programs, just to name a few.

Midland Power president Jack Runge noted, “Our cooperative is committed to ensuring its member-owners have access to cost-effective, energy efficiency programs that help them better manage their electric energy usage and promotes a more sustainable future.”

The filing includes an executive summary as well as a breakdown of Midland’s cost-effective energy efficiency goals, and for each measure intended to be utilized by the cooperative in meeting its goals, the measure’s description, projected costs and the analysis of the measure’s cost-effectiveness. Midland Power worked with two engineering firms to compile the data for the filing as well as the Iowa Association of Electric Cooperatives. Ultimately, the ability of Midland Power to realize these goals will depend on the participation of its member-owners.

“As we closed out 2014, those of us at Midland Power were proud to have met the goals laid out in our previous five-year energy-efficiency plan. We look forward to partnering with our membership again in the coming years to meet our efficiency goals in the next five-year plan,” said Midland Power CEO Bill McKim.

Midland Power Cooperative is a member-owned, not-for-profit, electric cooperative that provides electricity to homes and businesses in portions of the seventeen following counties in Iowa: Boone, Calhoun, Dallas, Franklin, Greene, Grundy, Guthrie, Hamilton, Hardin, Humboldt, Kossuth, Marshall, Pocahontas, Polk, Story, Webster, and Wright. Midland Power serves these areas from its headquarters in Jefferson, as well as locations in Humboldt, Boone and Iowa Falls, Iowa.

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