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ALERT: PEAK ENERGY EVENT - TUESDAY, JULY 14: 4-7PM Save energy & get bill credits

Quarterly Snapshot Review: I&M Customers See Reduced Rates and Lower Bills

July 14, 2026

Customers in both Indiana and Michigan are benefiting from lower transmission and power supply costs, resulting in lower rates on their bills.

Customer Savings Quarterly Snapshot in Review:

  • Indiana customers have benefited from two consecutive quarters of reduced transmission rates, contributing to lower overall costs.
  • Michigan customers using 1,000 kWh are seeing savings through a rider adjustment that is currently reducing customer bills by 7.9%. (Power Supply Cost Recovery Factor)
  • The trend reflects ongoing efforts to manage costs while continuing to deliver safe and reliable electric service. I&M will also file to reduce and freeze base rates for IN customers later this summer.

Learn more about the Quarterly Rate Snapshot and I&M’s Bill Support Center.

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