Iowa Utility Board approves MidAmerican Increases

Mid-American Energy customers can expect a slight increase on their electric bills starting in January.

The Iowa Utility Board approved a rate increase Tuesday, the second in nine months for Mid-American customers.

This past March, rates were raised four-percent, costing the average customer a little more than two-dollars more per month.

In January, rates will increase another 2.7-percent.  That increase will raise the average electric bill around $1.30 per month.

The rate increase comes as the Iowa Utilities Board approved a settlement allowing the additional charge to make up for higher costs of environmental compliance and coal and coal transportation. 

Thanks to our sister station WHO-TV for this report.

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