Public meetings scheduled for I&M’s request to increase rates
The Indiana Office of Utility Consumer Counselor (OUCC) and the Indiana Utility Regulatory Commission (IURC) are holding three public hearings during the month of July to allow consumers to comment on Indiana Michigan Power’s request to change rates.
If approved, I&M’s proposal would increase monthly residential electric bills for 1,000 kilowatt hours (kWh) from $141.91 to $163.02 when fully phased in, according to the OUCC. The pending request, if approved, would raise the rates in three phases, the first being when a Commission order is issued, the second in May 2020 and the third in January 2021.
I&M is seeking new rates due to an increase in operating and maintenance costs, the OUCC said.
The OUCC and the IURC are reviewing I&M's request but are seeking out comments from the utility's residential, commercial and industrial customers through August 13.
The three public meetings are as follows:
- July 11 (South Bend): South Bend Century Center, Recital Hall, 120 S. Dr. Martin Luther King, Jr. Blvd.
- July 15 (Muncie): Ball State University, L.A. Pittenger Student Center, Cardinal Hall B, 2000 W. University Ave.
- July 16 (Fort Wayne): Purdue University Fort Wayne, Walb Union Classic Ballroom, 2101 E. Coliseum Blvd.
Each meeting will begin at 6 p.m. Anyone who plans to attend should arrive no later than 5:45 p.m.
For more information and updates about the case, visit the OUCC’s website.