Ipalco Enterprises Inc.
06/17/2026 | Press release | Distributed by Public on 06/17/2026 15:11
Material Event (Form 8-K)
Item 8.01 Other Events
On June 17, 2026, the Indiana Utility Regulation Commission (the "IURC") issued an order (the "Rate Order") approving in part the Stipulation and Settlement Agreement that Indianapolis Power & Light Company, doing business as AES Indiana ("AES Indiana"), a subsidiary of IPALCO Enterprises, Inc., entered into on October 15, 2025 with the AES Indiana Industrial Group, Walmart Inc., Rolls-Royce Corporation, and the City of Indianapolis in AES Indiana's base rate case filing. Among other matters, the Rate Order:
•Establishes a revenue requirement of $1,979.7 million for AES Indiana's 2027 electric service base rates.
•Provides for a return on common equity of 9.5% using the capital structure of 49.47% common equity and 50.53% long-term debt and cost of long-term debt of 5.34%.
•Establishes a rate base of $5.5 billion for AES Indiana's 2027 electric service base rates.
AES Indiana will implement rates authorized under the Rate Order in two phases. Phase I rates are anticipated to be effective starting July 2026. Phase II rates are anticipated to be effective in January 2027.
AES Indiana's rate review case docket, which includes of copy of the Rate Order, is available through the IURC's online portal at https://iurc.portal.in.gov by searching Docketed Cases for Cause No. 46258. The information available through the portal or on the website of the IURC is not incorporated herein.
Ipalco Enterprises Inc. published this content on June 17, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 17, 2026 at 21:11 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]