Indiana Michigan Power (I&M) has received Commission approval of a three-year energy efficiency plan for 2023 through 2025.
The OUCC, utility, and Citizens Action Coalition reached a settlement agreement under Cause No. 45701.
The agreement was approved by the Commission on Jan. 4, 2023.
I&M's previous plan included settlement agreements approved in 2021. Settling parties included the OUCC, the City of South Bend, and Indiana Michigan Power.
In its order for the utility's 2017-2019 plan, the IURC approved a settlement agreement among the OUCC, I&M, industrial customers and the City of Fort Wayne.
Previous energy efficiency programs for I&M were approved in December 2014 and June 2016.
In the 2016 case, Cause No. 43827 - DSM 5, the OUCC recommended denial of I&M's request to recover lost revenues and shareholder incentives through rates. The IURC order denied shareholder incentives. It approved the recovery of lost revenues through customer rates, capping the recovery at a 4-year period.
The OUCC website offers an overview of energy efficiency cases including the agency's role.
1-11-2023