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.
On behalf of the Indiana Municipal Power Agency, I would like to welcome you to our new investor relations website. We appreciate your interest and investment in bonds issued by the Agency, as it allows us to make critical investments in IMPA’s power supply system throughout Indiana and the region. We are committed to maintaining our strong bond ratings, and we are also committed to being as transparent as possible with the investor community and public at large.
I hope you find this website useful as you seek to better understand the credit fundamentals of the Indiana Municipal Power Agency. Please do not hesitate to contact our office with suggestions for how we can be doing better. Thanks again for your interest in IMPA’s bond program.