MPSC OKs $17.3M Rate Increase for Indiana Michigan Power Co. to Fund Efforts to Boost Reliability, Requires Greater Transparency
July 03, 2024
July 03, 2024
LANSING, Michigan, July 3 -- The Michigan Public Service Commission issued the following news release on July 2, 2024:
The Michigan Public Service Commission today approved a $17,329,000 rate increase for Indiana Michigan Power Co. The approval, which represents a reduction of approximately 50% from what the electric utility requested, provides funds for reliability investments, new generation projects previously approved in the company's integrated resource plan, and initial f . . .
The Michigan Public Service Commission today approved a $17,329,000 rate increase for Indiana Michigan Power Co. The approval, which represents a reduction of approximately 50% from what the electric utility requested, provides funds for reliability investments, new generation projects previously approved in the company's integrated resource plan, and initial f . . .