Chris Rettig,
Senior Vice President and CFO
Learn about Indiana Municipal Power Agency Investor Relations, including Featured News, IMPA's Power Supply System, IMPA Senior Management, and Member Communities Map.
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.
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 November - December 2023 edition below.
KNIGHTSTOWN, IN – A new renewable power source is up and running in Knightstown! Officials from the community and students from Knightstown Community High School joined with representatives from the Indiana Municipal Power Agency (IMPA) to cut the ribbon on the Knightstown Solar Park on Monday, November 20th.
The Knightstown Solar Park is IMPA’s 50th constructed solar park in the state. Rated at 1.3 MW-AC, the facility can produce an annual amount of energy enough to power approximately 238 homes. The park is located on approximately 8 acres of land and is comprised of 3,816 solar panels. Utilizing a single axis tracking system, the solar panels will move throughout the day following the path of the sun.
"Our town has worked with IMPA to upgrade its metering system, sponsor community events, and improve our electric reliability," said Sarah Ward, IMPA Commissioner for Knightstown. "Now the town is proud to have a solar park to add to its list of accomplishments."
“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 Knightstown in constructing a solar park in the community not only benefits the town by keeping the investment and property taxes local, but it helps all the Agency’s member communities plan for a bright future.”
IMPA has constructed 50 solar parks throughout the state, adding over 196 MW of solar generation to its power supply portfolio. Other nearby IMPA communities in which solar parks are located include Greenfield, Middletown, Spiceland, and Richmond.
Indiana Municipal Power Agency and City cut the ribbon for new 9.9 megawatt facility.
WASHINGTON, IN – Officials from Washington joined with representatives from the Indiana Municipal Power Agency (IMPA) to cut the ribbon on the Washington 2 Solar Park on Thursday, November 9th.
The Washington 2 Solar Park is IMPA’s largest constructed solar park, rated at 9.9 MW-AC and can produce an annual amount of energy enough to power approximately 1980 homes. The park is located on approximately 57 acres of land and is comprised of 28,224 solar panels. Utilizing a single axis tracking system, the solar panels will move throughout the day following the path of the sun.
“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 Washington 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 50 solar parks throughout the state, adding over 196 MW of solar generation. Other nearby IMPA communities in which solar parks are located include Huntingburg and Jasper.
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