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On Jan. 12, 2012, the Indiana Municipal Power Agency (IMPA) is anticipated to change its energy cost adjustment rates.
The city of Columbia City will file with the Indiana Utility Regulatory Commission (IURC), for its approval, a change in its schedule of rates for electricity sold to reflect the change in the cost of power from IMPA together with the reconciliation of electric costs and revenues from prior periods.
Upon approval from the IURC, a change per kilowatt hour is expected to be approximately:
â€¢ R: $0.001406 / Kwh
â€¢ RH: $0.001276 / Kwh
â€¢ GS: $0.000829 / Kwh
â€¢ GS-H: $0.001446 / Kwh
â€¢ M: $0.002019 / Kwh
â€¢ GS-L: $0.001548 / Kwh
â€¢ GS-I: $0.000112 / Kwh
The change will be applied for all bills on the next practical consumption period following the date of such approval or for the next practical consumption period following the effective date of change in the cost of purchased firm power, whichever is later.
Residential rates have an increase of approximately $1.41 for every 1,000 kilowatt hours consumed.
Assuming a typical or average residential monthly bill is approximately 700 kilowatt hours of consumption, this will amount to a change per month of approximately $0.98.
The change stated as a percentage of the monthly bill will vary from individual to individual depending upon the actual amount of energy consumed.
Any objection to this filing should be in written form and directed to either the IURC at 101 West Washington Street, Suite 1500 Easy, Indianapolis, Ind. 46204 or the Office of the Utility Consumer Counselor, 115 West Washington Street, Suite 1500 South, Indianapolis, Ind. 46204.