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ALLIANT ENERGY CORPORATION

(LNT)
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Alliant Energy : Customers can save energy and money using new Alliant Energy® Marketplace

06/16/2021 | 12:06pm EDT
Alliant Energy's Smart Hours program rewards customers for reducing their energy use.

CEDAR RAPIDS, Iowa (June 16, 2021) - Alliant Energy announces a new online Marketplace to help Iowans save energy and money. At alliantenergymarketplace.com, residential customers can conveniently purchase energy-efficient products for their homes such as smart thermostats, LED light bulbs and advanced power strips. Customers can also enroll in Alliant Energy's Smart Hours program, introduced in April, and earn rewards for adjusting their smart thermostats during the hottest and coldest days.

Providing this one-stop shop that enables customers to be more energy-efficient, reduce monthly bills and help protect the environment is part of Alliant Energy's purpose-driven strategy to serve customers and build strong communities.

'The Marketplace allows customers to save money now by taking advantage of instant discounts and rebates on energy-saving products and services,' said Ben Lipari, Director of Resource Development at Alliant Energy. 'Customers can also reduce their future bills as the energy-efficient upgrades to their home will lower their energy usage.'

Customers can save energy and reduce their bills an average of 10% by installing a smart thermostat, which allows a home's temperature to be adjusted from anywhere with a smartphone.

By enrolling in Alliant Energy's Smart Hours program, participants allow Alliant Energy to adjust their smart thermostat a few degrees - based on the customers' preferred comfort levels - during occasional periods of extreme temperatures. While customers can always control their thermostats, Alliant Energy finds the best times to shift some energy use to periods when energy demand is lower. By cooling or heating the home at different times of the day, customers stay comfortable and reduce the overall energy demand.

Every customer who enrolls in Smart Hours will receive a $50 incentive and an additional $25 incentive for each summer and winter season of participation.

Smart Hours also helps customers reduce their carbon footprint and protect the environment. The program helps Alliant Energy use environmentally friendly energy sources to meet electricity demand on extremely hot and cold days. By relying on cleaner, more efficient energy sources, Alliant Energy can keep electricity costs lower for all customers.

'Smart thermostats and other smart technologies take the guesswork out of energy efficiency while keeping money in customers' pockets,' said Josh Mandelbaum, Senior Attorney of the Environmental Law & Policy Center's Des Moines office. 'Smart thermostats also allow consumers to coordinate their efficiency efforts with others through innovative programs like Smart Hours. The result will be a cleaner, more efficient, and more cost-effective energy system.'

To learn more about Smart Hours and to enroll, customers can visit alliantenergysmarthours.com.

Customers can find other ways to save energy and money by following the tips at alliantenergy.com/waystosave and by taking advantage of energy efficiency rebates at alliantenergy.com/rebates. Customers are also encouraged to enroll in My Account to track their energy usage and set up high-usage alerts.

Disclaimer

Alliant Energy Corporation published this content on 16 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2021 16:05:03 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 3 441 M - -
Net income 2021 644 M - -
Net Debt 2021 7 617 M - -
P/E ratio 2021 23,2x
Yield 2021 2,71%
Capitalization 14 850 M 14 850 M -
EV / Sales 2021 6,53x
EV / Sales 2022 6,40x
Nbr of Employees 3 375
Free-Float 99,9%
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Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 59,37 $
Average target price 60,10 $
Spread / Average Target 1,23%
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Managers and Directors
John O. Larsen Chairman, President & Chief Executive Officer
Robert J. Durian Chief Financial Officer & Executive Vice President
Tom Tang Chief Information Officer & Vice President
Singleton B. McAllister Independent Director
Dean C. Oestreich Independent Director
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