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.
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You can calculate your estimated rate increase here.
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