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Alliant Energy
Alliant Energy

Energy / Utilities and Energy Services

At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Company at a Glance

Overview
Alliant Energy is an energy company that provides electricity and natural gas services to customers in Iowa and Wisconsin. The company was formed in 1998 after the merger of Interstate Power and Wisconsin Power & Light. Alliant Energy is headquartered in Madison, Wisconsin and serves approximately 970,000 electric and 415,000 natural gas customers.
Alliant Energy operates through two main subsidiaries: Alliant Energy's Iowa utility (formerly known as Interstate Power and Light Company) and Wisconsin Power and Light Company (WPL). Alliant Energy's Iowa utility operates in Iowa and provides electricity and natural gas services to approximately 491,000 customers. WPL operates in southern and central Wisconsin and serves approximately 469,000 electric and 329,000 natural gas customers.
As a company, Alliant Energy is committed to sustainability and has set a goal to reduce carbon emissions by 50% by 2030 and to achieve net-zero carbon emissions by 2050. The company also offers energy efficiency programs and renewable energy options for customers.
Additionally, Alliant Energy is involved in the communities it serves through various philanthropic initiatives, such as the Alliant Energy Foundation, which provides grants to nonprofit organizations in the areas of community development, education, and the environment.

What is special about the company?
1. Sustainability Focus: Alliant Energy is committed to sustainable energy generation and has set a goal to reduce carbon emissions by 80% by 2050.
2. Diverse Energy Portfolio: The company has a diverse energy mix, including renewable sources such as wind, solar, and hydro, as well as natural gas and nuclear energy.
3. Community Investment: Alliant Energy supports the communities it serves through charitable donations, volunteerism, and economic development initiatives.
4. Customer-Centric Approach: The company prioritizes customer satisfaction and offers innovative energy solutions, including energy efficiency programs, to help customers save money and reduce their carbon footprint.
5. Award-Winning Service: Alliant Energy has received numerous awards for its customer service, sustainability efforts, and workplace diversity and inclusion.
6. Safety Culture: The company has a strong safety culture, with a focus on employee and public safety in all aspects of its operations.
7. Technological Advancements: Alliant Energy is continuously investing in new technologies to improve the efficiency and reliability of its energy delivery systems.
8. Energy Education: The company offers educational programs and resources to help customers and communities understand and manage their energy usage.
9. Strong Financial Performance: Alliant Energy has a track record of strong financial performance, providing stability and reliability to customers, investors, and employees.
10. Employee Engagement: Alliant Energy values its employees and has been recognized for its inclusive and supportive workplace culture, resulting in high employee satisfaction and retention.
What the company's business model?
The Alliant Energy company's business model is focused on providing safe, reliable, and affordable energy services to its customers. This includes generating and distributing electricity and natural gas, as well as offering energy management and other related services. The company also focuses on sustainable and environmentally friendly practices, such as increasing renewable energy sources and reducing carbon emissions. Alliant Energy operates as a regulated utility, which means its rates and services are approved by state regulatory agencies. The company also has a strong commitment to customer service and community involvement.
Interesting facts about the company

1. Alliant Energy was founded in 1917 as Interstate Power and Light Company, serving customers in Iowa and Wisconsin.
2. The company changed its name to Alliant Energy Corporation in 1998.
3. Alliant Energy is one of the largest investor-owned energy companies in the Midwest, serving approximately 975,000 electric and 420,000 natural gas customers across its service territories.
4. The company has a diverse generation portfolio, including coal, natural gas, wind, hydro, and solar energy sources.
5. Alliant Energy has a strong commitment to renewable energy, with a goal to reduce carbon emissions by 80% by 2050.
6. In 2020, Alliant Energy was named one of the World’s Most Ethical Companies by the Ethisphere Institute for the 10th consecutive year.
7. The company has invested over $2 billion in renewable energy projects, including wind farms, solar projects, and energy storage systems.
8. Alliant Energy has a strong commitment to community involvement and has donated over $1.5 million annually to charitable organizations and programs in the communities it serves.
9. The company employs over 5,000 people and has been recognized by Forbes as one of America’s Best Large Employers.
10. Alliant Energy has a history of providing reliable energy during natural disasters and emergencies, including the derecho storm that hit Iowa in 2020, where the company restored power to 99% of its customers within one week.
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