Choice Cap Hit In Less Than One Month At Newly Re-opened Indiana Michigan Power (AEP)

Less than one-month after its service area was re-opened to electric choice, Indiana Michigan Power (I&M, AEP) has hit the choice cap

As previously reported by EnergyChoiceMatters.com, the I&M choice cap was being reset to 10% effective February 1, 2019, from the prior level of 0%, as provided by statute.

As previously reported, Indiana Michigan Power's 2019 final 10% choice cap is 280,890 MWh. Due to the prior 0% cap, there was no active choice load when the cap was reset, but I&M initially reported that its total load in the choice queue was 310,923 MWh.

As of February 15, Indiana Michigan Power had awarded electric choice allotments of 276,207 MWh (9.8%) with 20,887 MWh in the queue. As of February 15, the allotments had not yet begun service with an alternative retail electric supplier

Another 20,887 MWh of load (0.74%) is in the choice queue.