Chris Rettig,
Senior Vice President and CFO
About
Learn about Indiana Municipal Power Agency Investor Relations, including Featured News, IMPA's Power Supply System, IMPA Senior Management, and Member Communities Map.
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- Annual Revenues
- $500 million
- Bond Ratings
- A1/A+/A+
- Total Assets
- $2 billion
About IMPA
The Indiana Municipal Power Agency (IMPA) is a wholesale electric power provider serving the needs of 61 cities and towns in Indiana and Ohio.
IMPA was formed so its member utilities could share power resources, allowing cities and towns to provide electricity more economically to their customers. The Agency began operations as a “joint action agency” in 1983 with 26 members. As individual utilities, IMPA members had limited access to power supply options. By purchasing power from IMPA, instead of purchasing or generating it themselves, IMPA members found they could have a more reliable power supply, save money and keep electric costs as low as possible.
IMPA is governed by its members. Member utilities purchase their total power requirements from IMPA and deliver that power to the residents and companies in their service territories. Altogether, IMPA members deliver electric service to over 330,000 individuals throughout Indiana and Ohio.
IMPA’s diverse power portfolio consists of primarily the Agency’s own generating capacity and some purchased power. IMPA’s active management of power costs and service quality has made it into one of the country's most competitive power providers.
Featured News
August 31, 2023
News
IMPA Wire, August 2023
The IMPA Wire is produced on a bi-monthly basis to provide information about IMPA, the utility industry, and public power in Indiana. Read the August 2023 edition below.
July 31, 2023
News
IMPA Wire, June - July 2023
The IMPA Wire is produced on a bi-monthly basis to provide information about IMPA, the utility industry, and public power in Indiana. Read the June - July 2023 edition below.
May 11, 2023
News
Bremen Celebrates Solar Park
Officials from Bremen joined with representatives from the Indiana Municipal Power Agency (IMPA) to cut the ribbon on the Bremen Solar Park on Thursday, May 11th. Town officials and employees, community representatives, and local students from Bremen Elementary Middle School were on hand to celebrate the addition of the renewable energy source in the community.
The Bremen Solar Park is located on 32.15 acres of land and is comprised of 20,852 solar panels. The facility is rated at 6.7 MW-AC and will produce an annual amount of energy to power about 1,238 homes. Utilizing a single axis tracking system, the solar panels will move throughout the day following the path of the sun.
“This solar park has been in the works for several years, and we’re excited to be celebrating it today,” commented Trend Weldy, Director of Operations for Bremen. “The addition of this park has diversified the generation resources serving our town while providing an educational opportunity for our students, residents, and visitors. We were excited to partner with IMPA on this project and are grateful to be one of the many communities in their membership with a local solar park.”
“IMPA’s ongoing commitment to providing a low-cost, reliable and environmentally responsible power supply to our 61 communities is a top priority for the Agency,” said Jack Alvey, IMPA President and CEO. “Diversifying our power portfolio allows IMPA to stay on the cutting edge of trends and policy changes while maintaining a reliable portfolio to serve our members. Our collaboration with Bremen in constructing a solar park in the community not only benefits the town by keeping the investment and property taxes local, but helps all of the Agency’s member communities plan for a bright future.”
IMPA has constructed 44 solar parks throughout the state, adding over 173 MW of solar generation. Other nearby IMPA communities in which solar parks are located include Argos, Columbia City, and Walkerton.
IMPA's Power Supply System
IMPA Senior Management
Jack Alvey
President and CEO
Joe Schmidt
Senior Vice President and ISC General Manager
Peter Prettyman
Senior Vice President and General Counsel
