Indiana Utility Regulatory Commission
302 West Washington Street, Room 306
Indianapolis Indiana 46204
317.232.2297 office
317.233.1982 fax
January 24, 2002
Today, the Indiana
Utility Regulatory Commission approved an order, which allows the municipally
owned electric utility in Rensselaer to expand its boundaries to include a
recently annexed area.
In Cause No. 42065,
the Commissioners agree that the expansion is in the best interest of the
consumers. The annexed area consists of
approximately 305 acres of land adjacent and contiguous to the southern most
boundary of the city. This area
includes 76 homes in the Houston Sub-division, which are served by Jasper
County REMC.
Rensselaer will
compensate Jasper County REMC for its loss in revenue. The city will pay two and a half times the
gross electric sales from the customers located in the annexed area from August
31, 2000 to August 31, 2001. In
addition Rensselaer will purchase Jasper County REMC’s electric equipment
located in the annexed area.
Rensselaer
Municipal Electric serves 2,700 customers.
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