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Indiana Michigan Power

Indiana Michigan Power Company — Michigan

MI · electric

Open cases
0
Updated
Jul 20, 2026

Current economics

Rate base
$6.89B

disclosed actual · Dec 31, 2025

Source ↗
Authorized ROE
9.86%

authorized · Jul 2, 2024

Source ↗
Authorized common-equity ratio
48%

authorized · Jul 1, 2024

Source ↗

Oversight and service

Regulatory history

Effective dateProceedingROECommon equityRate base
CurrentCurrent electric profile

Electric · Latest supported values

9.86%

Authorized · Jul 1, 2024

48%

Authorized · Jul 1, 2024

$6.89B

Disclosed actual · Dec 31, 2025

Jul 2, 2024Indiana Michigan Power 2024 electric rate case

U-21461 · Electric

Compare stages

ROE

Authorized 9.86% → Utility request 10.5%

9.86%

Authorized · Jul 2, 2024

View full observation log (7)
MetricDateStageValueScope
Common equity ratioJul 1, 2024authorized48%Common-equity component of the Michigan retail capital structure.
Rate baseDec 31, 2025disclosed actual$6.89BCompany-disclosed I&M rate-base proxy across Michigan, Indiana, and FERC wholesale operations.
Return on equityJul 1, 2024authorized9.86%Indiana Michigan Power's Michigan retail electric base rates.
Annual revenue changeJul 2, 2024authorized$17.33M/yearTotal company rate-case request or Commission-authorized outcome
Annual revenue changeJul 2, 2024utility request$34M/yearTotal company rate-case request or Commission-authorized outcome
Return on equityJul 2, 2024authorized9.86%Total company rate-case request or Commission-authorized outcome
Return on equityJul 2, 2024utility request10.5%Total company rate-case request or Commission-authorized outcome