Indiana-Michigan Power seeking 22-percent rate increase
Posted: Sep 28, 2011 10:43 PM EDT | Updated: Nov 6, 2014 9:31 AM EDT
MICHIANA -- Unfortunately, heating your home this winter may cost you more!
Indiana-Michigan Power is seeking a 22-percent rate increase.
That means, on average, your electric bill would go up about $20 a month!
Businesses would see a 9.5-percent increase.
The utility says the rate hike would pay for higher operation costs and mandated equipment.