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The IURC approved municipal electric rates for Knightstown in 2014.
Electric utilities can also adjust rates due to changes in purchased power costs. Those costs can only be recovered on a dollar-for-dollar basis. They include OUCC review and IURC approval before taking effect.
As of July 2016, Knightstown's electric rates rank fourth-highest among the 14 electric utilities the IURC regulates.