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Proposed capital investment charge would add 17 cents to the average Iowa residential customer’s monthly bill
DES MOINES, Iowa (April 3, 2025) – MidAmerican Energy filed a request with the Iowa Utilities Commission on Tuesday seeking approval to add a nominal charge to natural gas bills. This charge can only cover the cost of necessary system investments that ensure safe and reliable service.
 
The proposed monthly charge, called a capital investment charge, would add 0.4%, or 17 cents, to the average monthly bill of an Iowa residential gas customer.
 
If approved, the charge will help cover the costs of gas delivery system investments that are required by government regulations, as well as projects that enhance the safety of MidAmerican’s natural gas system.
 
Projects included in the filing were recently completed and are not in current rates. Some examples include moving gas infrastructure and lines due to road construction in various communities and new safety checks to monitor pressure of certain pipelines, as required by federal regulations.
 
“Providing our customers with safe and reliable service is our highest priority,” Nick Nation, senior vice president of delivery at MidAmerican, said. “This small charge allows us to support our growing communities and maintain the safety and reliability of our natural gas delivery system.”
 
The commission will review MidAmerican’s request to determine if the projects can be included in the capital investment charge. After a thorough review, the commission will establish the final charge amount, which may differ from MidAmerican’s proposal. Additionally, the commission will determine when the final charge becomes effective, which could be as early as May 30.
 
MidAmerican has also informed all gas customers about the proposed charge through direct mailers.
 
About MidAmerican Energy Company
MidAmerican Energy, headquartered in Des Moines, Iowa, serves 829,000 electric customers in Iowa, Illinois and South Dakota, and 803,000 natural gas customers in Iowa, Illinois, Nebraska and South Dakota. Information about MidAmerican is available at midamericanenergy.com and company social media channels.