Previous Utility Activities in Indiana

Indiana Michigan Power (I&M) Case
In May 2024, the Indiana Utility Regulatory Commission (IURC) has approved the rate agreement between Indiana Michigan Power, the Indiana Office of Utility Consumer Counselor (OUCC) and other intervening parties. The order approving the agreement will:, the agreement would:

• Lower I&M's requested increase from $116.4 million to $61.8 million.
• Increase the customer charge slightly to $15 from $14.79 a month. I&M had requested an increase to $17.50 a month and was something that AARP Indiana opposed.
• Waive late fees once every 6-month period for households who participate in the Low-Income Home Energy Assistance Program (LIHEAP).

AES Case
In April 2024, the IURC approved the rate agreement between AES, the Indiana Office of Utility Consumer Counselor (OUCC), and the intervening parties. The order approving the agreement will:

• Increase the utility's total annual revenues by approximately $71 million. Their initial request would have increased annual revenues by approximately $134.2 million.
• Raise monthly rates by $9.36 for the average residential customer. That’s less than AES' initial proposal which would have raised rates by about $17 a month.
• AES will also hold the fixed charge for residential bills at $17 a month, instead of increasing it to $25 for most residential customers, as originally proposed.

Indiana American Water Rate Case
In February 2024, the IURC made a final order in the Indiana American Water rate case. Some of the items in the order:

• Lowered the rate increase from 31% to 24%.
• Raised the customer charge from $15.25 to $20
• Recap of Indiana American Water Rate Case Field Hearing in Gary