• Newsletters
  • Facebook
  • Twitter
Thursday, September 21, 2017
View complete forecast
News-Sentinel.com Your Town. Your Voice.

I&M to continue energy efficiency programs to save money, energy

Paul Chodak III
Paul Chodak III
Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.The Associated Press
Wednesday, March 26, 2014 12:01 am
Indiana Michigan Power would like customers to know that I&M has and will continue to promote cost-effective energy efficiency regardless of the outcome of the current debate over a statewide Indiana efficiency program.The concept behind energy efficiency is to save both energy and money for our customers, and I&M has proved its ability to accomplish that goal.

Before the current mandated statewide program, the cost of our energy efficiency program was 4.7 cents per kilowatt hour, resulting in a savings of about 7.8 cents per kilowatt hour. Now that is cost-effective energy efficiency.

By comparison, under current statewide energy efficiency programs, it costs I&M and its customers about 15 cents to save about 8 cents per kilowatt hour. Those costs are added to customers’ bills and are expected to increase substantially over the next several years.

I&M believes energy efficiency is important, and we can do it in a way that does not require spending 15 cents to save 8 cents.

Whatever happens with the current statewide program, I&M will continue to seek ways to make energy use more efficient. For example, we will continue to encourage residential homeowners to use LED bulbs.

For commercial and industrial customers, we will continue to help lower the cost of lighting equipment that will reduce the customer’s energy usage month after month and year after year.

We’re also promoting energy efficiency in the way we deliver electricity to our customers. This year, I&M began a multiyear Electric Energy Consumption Optimization Program that has been proven to help our customers use less energy.

Our customers should rest assured that now and in the future, I&M will seek to help our customers use energy more efficiently.


News-Sentinel.com reserves the right to remove any content appearing on its website. Our policy will be to remove postings that constitute profanity, obscenity, libel, spam, invasion of privacy, impersonation of another, or attacks on racial, ethnic or other groups. For more information, see our user rules page.
comments powered by Disqus