Minimal Electric Rate Adjustments Proposed to Begin January 2025

September 24, 2024 – Logansport Utilities’ electric rates are scheduled to be updated starting January 1, 2025.

Reinforcing its mission of fiscal responsibility for the community, the Logansport Utilities service board has approved a resolution for a change in electricity rates and charges for years 2025 to 2029 to help balance the increasing costs of labor, insurance, cost-to-serve and future purchased power agreements.

The impact will be minimal to residential electric customers with only a 1% increase in electric rates in 2025, adding $1.02 to monthly bills in 2025.

This is the first electric rate adjustment for Logansport Utilities in twelve years. Logansport Utilities remains at the bottom of electric rates in comparison with other Indiana electric service providers. (Scroll below to see comparisons.)

The approved resolution will be forwarded to the Logansport city clerk treasurer and the city council for review and creation of a rate ordinance to finalize the proposed rate adjustments.