Indiana regulators approve agreement requiring data centers to underwrite utility upgrades
- The Indiana Utility Regulatory Commission approved a settlement for Indiana Michigan Power's large load tariff, which includes requirements for new large load customers to make financial commitments proportional to their size.
- The approval requires any significant reduction in a customer's contracted peak capacity to be reviewed by the IURC, enhancing transparency and oversight.
- The settlement aims to balance the interests of new large load customers with those of existing customers, ensuring costs are fairly distributed.
- The IURC order mandates new large load customers to make long-term financial commitments based on their energy needs.
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Total News Sources29
Leaning Left1Leaning Right0Center10Last UpdatedBias Distribution91% Center
Bias Distribution
- 91% of the sources are Center
91% Center
C 91%
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