Approved Base rate case, docket Cause No. 46258 before the Indiana Utility Regulatory Commission.
As published by the utility or the commission.
The decision is final; the new rate takes effect once the order sets a date. How rate cases work.
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AES Indiana originally sought a 192.9 million dollar rate increase. After a settlement with industrial customers, Walmart and the City of Indianapolis, the IURC voted 3 to 1 on June 17, 2026 to approve a smaller 71 million dollar increase, an overall bill impact of about 3.7 percent phased in over two steps in July 2026 and January 2027. For a typical residential customer using 1000 kWh a month, each phase adds less than 5 dollars. The state consumer counselor and a citizens group asked the IURC to reconsider the decision in July 2026.
Adds about $5 a month on a typical bill. As published by the utility or the commission.
Not yet set. That is decided along with the case, usually as part of the commission's final order.
No hearing date is on record for this case.
The comment period closed once this case was decided; its result is above.
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This is a proposed decrease, not an increase; I&M says new large industrial and data center customers are helping pay for the grid, letting it lower rates for everyone else, but the case still needs IURC approval.