Legislation very important to the future of Iowa is now working its way through the Iowa legislature. Senate File 390 would establish a statutory framework by which Mid-American Energy could finance and construct a small modular nuclear power plant in the State. It should be emphasized that Mid-American has not yet decided whether a nuclear powered generator is the best option. It continues to look at other technologies. It still must decide how to finance such a generating station. However, if passed, this legislation would give the company the tools to seek public financing, and it would make the company eligible for federal funds that could be applied to the project.
Learn about some of the myths and facts about Senate File 390.