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Last Updated: April 2007
11/00: Indianapolis Power & Light extended an experimental pricing program for
an additional two-plus years. The pricing option program initiated in 1998 was
to expire on October 18, 2001, but was extended to December 31, 2003.
07/00: The State Utility Forecasting Group, which was charged by the Indiana General Assembly to investigate the electricity supply, predicted that over the next 15 years, competition could lower prices in the short term, raise them in the medium term, and level off in the long term. The State's investor-owned utilities, American Electric Power and Northern Indiana Public Service Company, were working on proposals to submit to the 2001 General Assembly that would restructure the industry to allow retail competition.
07/98: Consumers of Indianapolis Power & Light were offered 3 billing options. Consumers could choose a fixed rate, a fixed monthly bill based on last years average bill, or a "green power" rate under an alternative pricing plan approved in March by the Indiana Utilities Regulatory Commission.
05/97: Senate Bill 427 was enacted and created a legislative study committee that would meet through November on electric restructuring issues. A report was due in November 1997.