INDIANAPOLIS-- Your IPL bill could soon go up if state regulators approve the company's proposed rate increase - but there are still chances to make your voice heard.
The average customer will pay about $11/month more on their bill if the Indiana Utility Regulatory Commission greenlights IPL’s proposal.
Customers had their first chance to speak out against the proposed rate increases on Monday.
"I think it is ridiculous, greedy," said Amy Harwell. "More than half of this community are seniors living on a fixed income."
READ | How you can weigh in on proposed IPL rate hikes
Claire Dalton with IPL says the rate increase is necessary because the company is working to generate power in new ways.
"We have primarily done that through building a new natural gas plant," said Dalton.
A second public meeting is scheduled for Monday, May 7 at 6 p.m. in the auditorium of the New Augusta Public Academy-North at 6450 Rodebaugh Road.
Under IPL’s request, a monthly residential electric bill for 1,000-kilowatt hours (kWh) would rise from $112.95 to $124.38, according to the Indiana Office of Utility Consumer Counselor (OUCC).
The monthly charge for a residential customer using more than 325-kilowatt hours (kWh) per month would rise from $17.00 to $27.00, according to OUCC, and for a residential customer using less than 325 kWh, the monthly charge would rise from $11.25 to $16.00.
IPL provides electricity to about 490,000 customers in Marion County and nine other counties in Central Indiana.
The utility is seeking higher rates due to increases in operating and maintenance costs, and to pay for major capital improvements, primarily the newly built Eagle Valley Generating Station in Morgan County, according to OUCC.
IPL is also requesting funding for a battery energy storage facility at the Harding Street generating station, cost recovery for substation upgrades, the creation of a new reserve fund for tree trimming and vegetation management, and additional money for major storm damage recovery.
If you want to submit written comments, go to OUCC’s Website at www.in.gov/oucc/2361.htm [in.gov], or by mail, email, or fax:
- Mail: Consumer Services Staff
Indiana Office of Utility Consumer Counselor
115 W. Washington St., Suite 1500 South
Indianapolis, IN 46204 - Email: uccinfo@oucc.IN.gov
- Fax: (317) 232-5923
The OUCC needs to receive all written consumer comments no later than May 17, 2018.
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