IURC News Release

Indiana Utility Regulatory Commission                                       

302 West Washington Street, Room 306                                                      

Indianapolis Indiana  46204     

317.232.2297 office

317.233.1982 fax

www.state.in.gov/iurc

 

Contact:  Mary Beth Fisher

 

For Immediate Release                                                                 

March 13, 2002

 

IURC APPROVES AGREEMENT TO PROVIDE POWER FOR STEEL MILL

 

Today, the IURC approved a settlement agreement that will allow Wabash Valley Power Association, Inc., and Northeastern REMC to provide service to the proposed steel mill owned by Steel Dynamics Inc. 

 

In Cause No. 42087, the Commissioners approved the settlement reached by Wabash Valley Power Association, Inc., the Indiana Office of Utility Consumer Counselor, Northeastern Rural Electric Membership Corporation.  The Commission is satisfied that the rates, charges and fees set forth in the agreement provide sufficient revenues to cover the costs of service to the plant.  

 

 

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