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Indiana Michigan Power Announced It Will Ask for State Permission to Reduce Base Rates
The plan includes a base rate cut, a Benefits Bank to buffer future costs, and reliability investments after a 32% improvement in grid performance, Indiana Michigan Power said.
Summary by journalgazette.net
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Indiana Michigan Power unveils customer benefits plan with rate reduction
FORT WAYNE, Ind. (WISH) — Indiana Michigan Power (I&M), an American Electric Power (AEP) company,announced Tuesday that it will file to reduce base rates — the largest portion of most bills — as partof a comprehensive Customer Benefits Plan. According to a release from I&M, the Customer Benefits Plan includes: Rate Reduction — lowers the current base rate, which is the largest portion of most bills. Benefits Bank— a tool that will be used to st…
·Indianapolis, United States
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Total News Sources3
Leaning Left2Leaning Right0Center1Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
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