2006
Alliant Energy-Wisconsin Power and Light Co. received the Inspiring Efficiency IMPACT Award for their Shared Savings program, a program that helps Wisconsin businesses with technical assistance and financing for new energy efficiency projects. Offering performance-based financing, the Shared Savings program helps Wisconsin Power and Light customers derive the benefits of new energy-efficient equipment and technology with no up-front capital investment. Wisconsin Power and Light helps each participating customer identify cost-effective projects and then finances the initial project costs. The customer pays for the project investment out of the energy savings generated over a five-year period. The Shared Savings program has invested over $320 million into Wisconsin's economy over the last eight years, helping customers lower energy costs and increase competitiveness. The cumulative energy savings from the program have allowed Wisconsin Power and Light to defer building a new 250 megawatt power plant.