AES Indiana, formerly known as Indianapolis Power & Light Company (IPL), is an electric utility company serving the Indianapolis metropolitan area and other parts of Central Indiana. The company was founded in 1926 and is currently owned by AES Corporation. AES Indiana provides electricity to over 500,000 customers in a service territory of 528 square miles. The company has a diverse portfolio of power generation resources, including coal, natural gas, wind, and solar. AES Indiana is committed to providing safe, reliable, and affordable energy to its customers while also investing in innovative technologies to reduce its environmental impact. The company has also implemented various programs to promote energy efficiency and renewable energy adoption among its customers.
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AES Indiana's energy comes from coal, natural gas, wind, and solar. Coal is the largest source of electricity, providing 69% of AES Indiana's energy. Natural Gas is the second largest source, making up 28%. Wind provides 2% of AES Indiana's electricity. Solar provides 1% of AES Indiana's electricity.
69%
Coal
28%
Natural Gas
2%
Wind
1%
Solar
The average electricity rate for AES Indiana customers is 11.54 cents/kWh. AES Indiana has several different electricity rates for residential customers, as shown in the table below.
Rate Name | Rate Type | Cost Per kWh |
Residential - 0 - 325 KWH per month | Fixed | 14¢ |
Residential With electric heating and/or water heating - over 1000 KWH per month | Fixed | 11¢ to 14¢ |
Residential - over 325 KWH per month | Fixed | 13¢ to 14¢ |
In 2021, the average AES Indiana customer lost electricity for 2 times for about 110 minutes each. In total, the average AES Indiana customer had their electricity out for about 176 minutes during the whole year.
Determined by instantaneous comparison of generation and consumption. Excess kWh credited at 125% of avoided cost.
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