Michigan PSC Approves Indiana Michigan Power Co.'s Power Supply Cost Recovery Plan But Issues Warning About Future Expenses
November 19, 2021
November 19, 2021
LANSING, Michigan, Nov. 19 -- The Michigan Public Service Commission issued the following news release:
The Michigan Public Service Commission approved Indiana Michigan Power Co.'s (I&M) power supply cost recovery plan for 2021 and accepted the company's five-year forecasts for providing electric service. But the Commission warned it is unlikely to approve full costs of power supply from uneconomic contracts for the output of coal-fired Ohio Valley Electric Corp. (OVEC . . .
The Michigan Public Service Commission approved Indiana Michigan Power Co.'s (I&M) power supply cost recovery plan for 2021 and accepted the company's five-year forecasts for providing electric service. But the Commission warned it is unlikely to approve full costs of power supply from uneconomic contracts for the output of coal-fired Ohio Valley Electric Corp. (OVEC . . .