| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Indiana Michigan Power (I&M), an American Electric Power (NASDAQ:AEP) company, recently filed a special, joint contract with Google, designed to support I&M's capacity needs through clean generation and use of a Demand Response structure. This special contract, which is the result of collaborative efforts between the two organizations, further supports I&M's ability to provide reliable and affordable service for all customers as communities continue to experience significant economic growth.
The contract filed with the Indiana Utilities Regulatory Commission (IURC) on July 30 outlines a custom Demand Response structure, aligning with Google's operating capabilities. By participating in this program, Google will leverage new capabilities that allow it to reduce or shift electricity demand to carry out non-urgent tasks during hours when the electric grid is under less stress.
This offering will be used to reduce I&M's peak load in times of high energy demand, similar to programs currently available to residential and commercial/industrial customers. As a large load customer, Google's participation in this program boosts Indiana Michigan Power's ability to manage electricity demand during peak times. This helps lower overall energy costs, delivering savings to all I&M customers.
Posted In: AEP
