Local News

Utility Seeking Lower Electric Rates

Indianapolis, IN) - Indiana Michigan Power Company customers could see lower bills for electricity.

 

 

 

 

The utility company is planning to seek a reduction in its base rates in Indiana as part of their comprehensive customer benefits plan.  Indiana Michigan Power said the base rate is the largest portion of a customer’s bill and the reduction was made possible by increased revenue by large customers such as data centers.

 

The power company also said the plan includes protections against future rate increases along with investments into the system to improve reliability.

 

More details are expected when the utility takes its rate reduction request to the Indiana Utility Regulatory Commission for consideration this summer.

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