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One of the largest utilities in the Midwest, MidAmerican Energy is a part of MidArnerican Energy
Holdings Company which also includes Northern Electric, the third largest electric supplier in the
United Kingdom, and Cal Energy, a worldwide independent power producer. Together, these
companies have annual revenues of $5.5 billion derived from assets in excess of $12.6 billion.
In Illinois, MidAmerican Energy produces and distributes electricity and acquires and sells natural gas
in Rock Island, Henry, Mercer and Whiteside Counties. This service territory also includes the Quad-City
area (Davenport and Bettendorf, Iowa, and Rock Island, Moline and East Moline, Illinois) with a
population of nearly 350,000. In total, MidAmerican Energy provides regulated and unregulated
energy services to about 1.3 million customers in a 10,600-square-mile area which, in addition to
Illinois, includes much of Iowa and portions of Nebraska, South Dakota and Ohio.
Four MidAmerican Energy Company facilities are among the top 12 coal-fueled steam-electric
generating plants in the United States in the category of lowest cost producers of electric energy.
Approximately 16 percent of MidAmerican's generation is nuclear fueled and produced, in part, at
Quad-Cities Nuclear Power Station, which is jointly owned with Exelon Generation and located near
Cordova in Rock Island County. MidAmerican also purchases the majority of the output of one the
world's largest wind farms near Alta, Iowa.
After just three years of participating in Illinois' competitive energy market, MidAmerican has saved
its current Illinois business customers approximately $20 million on their electric costs.
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