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Indiana Michigan Power may raise residential rates by 22.7 percent

SOUTH BEND, Ind. -- A public hearing on the proposed rate hike by Indiana Michigan Power is happening right now.

I&M wants to raise residential rates by almost 25 percent.

Commercial rates could go up to 10 percent.

Tuesday night's meeting is at Century Center in South Bend.

We have a crew there, and we will have much more on ABC57 news at 11 p.m.

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