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Indiana Michigan Power

Retirements

Unit(s) MW Lost Jobs Date
Tanners Creek 1 - 3 495 65 Dec. 31, 2014

Retrofit-Refuel-Upgrade

Units Type New Jobs
Rockport 1 FGD, SCR
40
Rockport 2 FGD, SCR 40
Tanners Creek 4
DSI and ACI  

Other Impacts

Customer rates  
Indiana 25% - 30% increase
Michigan 25% - 30% increase
Taxes (Indiana) $1.2 million (net reduction)
    Payroll (state & local) $46,500 (increase)
    Property $1.2 million (reduction)
Wages (Indiana) $1.0 million (increase)

Some Rockport costs are included in the Kentucky Power and AEPG Company allocations.

Property loss reduction reflects potential reduction due to Tanners Creek unit closures; new environmental equipment is tax exempt in Indiana.

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