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Indiana Utility Regulatory Commission Approves Indiana Michigan Power Rate Reduction
February 24, 2022
FORT WAYNE, Indiana, Feb. 24 -- Indiana Michigan Power, an American Electric Power company, issued the following news release:

Indiana Michigan Power (I&M), an American Electric Power (Nasdaq: AEP) company, will reduce Indiana residential rates following the Indiana Utility Regulatory Commission (IURC) approval of a rate settlement agreement.

Under the settlement, I&M will reduce its base rates for Indiana residential customers by nearly 6%. The $94.7 million re . . .

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