Area municipalities to break contracts with Indiana Michigan Power

(Photo Supplied/Indiana Michigan Power)

FORT WAYNE, Ind. (AP): Almost a dozen municipalities in Indiana and Michigan have given notice to Fort Wayne-based Indiana Michigan Power that they’ll break their contracts because they believe they can get a better price for electricity.

The cities, including Bluffton and Avilla, all belong to the Indiana Michigan Municipal Distributors Association. They gave the required four-year notice that they’ll end their contracts in 2020, before the 2026 end dates.

The South Bend Tribune reports that the cities could buy electricity from another utility under an individual deal for each city or a common deal for them all, or they could renegotiate a new deal with I&M.

An I&M spokesperson says the company values its relationship with the cities.


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