Wind and solar energy are large parts of MidAmerican’s generation mix, allowing us to provide our customers with clean and affordable power. But, it’s not just the property owners who benefit – the whole community is economically energized!

MidAmerican wind and solar farms result in millions of dollars in property tax revenue for their local areas. Tax revenues can provide property tax relief for local residents and help fund essential services like road and bridge repairs, emergency response services and schools. In 2023, MidAmerican paid approximately $47.7 million in property tax payments on our wind turbines spanning 33 counties.

 

Communities also earn an economic boost during the construction phase with increased foot traffic in downtown shops, restaurants and local hotels. Not to mention the permanent wind technician jobs that are created along with the project, which bring new residents and families to the area.

 

Participant and Neighbor Benefits

For nearly two decades, MidAmerican has partnered with landowners who have voluntarily signed up to host turbines on their land. Our current fleet of 3,400 wind turbines easily coexist with rich agricultural land and family farms to power our Iowa customers with increasingly clean, renewable energy.

 

In 2023, MidAmerican paid approximately $43.6 million in landowner easement/lease payments to more than 4,000 property owners and their neighbors for our wind projects across Iowa.

 

With many jobs supported by wind energy and the new manufacturing and supply chain industry built to support it, renewable energy has been good for Iowa. Plus, Iowa's leadership role has attracted companies big and small that have moved to the state to take advantage of our renewable energy generation and low electric rates, which are 42% below the national average.