#INDIANA MICHIGAN POWER FULL#
#INDIANA MICHIGAN POWER CODE#

The Commission found that the Rockport sale capacity value and net cost of new entry (CONE) may be appropriate proxies for calculating market price and I&M's resulting PSCR factor. The Commission directed I&M to describe renegotiation efforts in future integrated resource plan (IRP) cases and, in I&M's next IRP, model a sensitivity to the company's preferred course of action with and without energy and capacity purchased from OVEC, along with a model of optimized resources as potential replacements.

The order today put I&M on notice that the Michigan share of these excess costs are unlikely to be permitted without additional evidence that continuing to purchase power from the units was in the best interest of its customers, particularly as I&M had never sought approval to extend its contract with OVEC. The Commission noted studies by utilities and investment monitoring agencies that have found costs for output of the two OVEC plants to be tens of millions of dollars more expensive than purchasing electricity from the wholesale markets. As such, the Commission issued a warning under Section 7 of Public Act 304, MCL 460.6j, that it is unlikely to allow I&M to recover unjustified costs from Michigan ratepayers in its PSCR reconciliation proceeding for the utility's long-term agreement with OVEC, which operates two Ohio-based coal-fired electricity plants and is co-owned by several electric utilities including I&M's parent company, American Electric Power Co.

#INDIANA MICHIGAN POWER CODE#

The Commission's order reaffirmed its determination that I&M, under Michigan law, is considered an affiliate of OVEC, and therefore is subject to the Commission's Code of Conduct rules governing affiliate transactions. U-20804 ) approved I&M's request for a 2021 PSCR plan and factor of 18.92 mills per kilowatt hour (kWh), resulting in a proposed Michigan jurisdictional PSCR factor of 2.85 mills per kWh for billing months of January 2021 through December 2021.

#INDIANA MICHIGAN POWER FULL#

But the Commission warned it is unlikely to approve full costs of power supply from uneconomic contracts for the output of coal-fired Ohio Valley Electric Corp. The helicopter is a green Bell Jet Ranger with tail number N-206BE.Р”В¬ustomers with questions or concerns about aerial inspections should contact I&M at 80.The Michigan Public Service Commission approved Indiana Michigan Power Co.'s (I&M) power supply cost recovery plan for 2021 and accepted the company's five-year forecasts for providing electric service. Weather delays could alter flight schedules. Inspections are likely to be suspended Thursday due to weather but continue on Friday in the northern Indiana and southwest Michigan areas through the weekend.Р”Р‡lights are scheduled to occur from 8 a.m. The inspections began on Wednesday in the Muncie/East Central Indiana area.

The inspections give I&M the opportunity to search for possible damage to equipment and threats of damage posed by damaged or fallen trees to its utility lines and equipment resulting from the recent wind storm. They involve inspecting transmission lines across much of I&MРІР‚в„ўs service territory: Northeast Indiana, including Fort Wayne North Central Indiana, including South Bend and Elkhart East Central Indiana, including Muncie and Marion and Southwest Michigan, including Benton Harbor and Saint Joseph. The flight began earlier this week and are expected to resume Friday. (WANE) Indiana Michigan Power is taking to the sky to inspect high-voltage transmission lines using helicopters that couldРІР‚в„ўve been damaged by last weekРІР‚в„ўs storms.

Indiana michigan power