News and Headlines

Actions

You could pay more to IPL next year

Posted at 10:39 AM, Dec 22, 2016

INDIANAPOLIS -- If you get power through IPL, you could be paying more in 2017.

The company requested a rate increase though the Indiana Utility Regulatory Commission, saying the increase would be to cover the cost of a new natural gas plant in Martinsville.

If the rate increase is approved, it will go into effect by the end of 2017.

Customers who use about 1,000 kilowatt-hours per month would pay about $10 more per month.

The state approved a rate increase in 2016. IPL will collect $29.6 million per year through the rate increase. It was the first base rate increase since 1995.

RELATED | CALL 6: State approves rate increase for IPL

 

You can calculate your estimated rate increase here.

PREVIOUS | IPL customer wants compensation after paying neighbors electric bill for over 15 years