Business View Magazine | December 2020

397 BUSINESS VIEW MAGAZINE DECEMBER 2020 The Indiana Municipal Power Agency (IMPA) is the not-for-profit wholesale power provider to 61 cities and towns in Indiana and Ohio, including the city of Jasper. Each of these communities owns and operates their municipal electric distribution system, and their alliance through IMPA allows them to provide electricity more economically to their customers. For nearly 120 years, Jasper Municipal Utilities has provided public power to local residents and businesses, and since becoming a member of IMPA in 2007, the city’s power supply has remained low-cost, reliable, and environmentally responsible. IMPA achieves its high service quality by maintaining a diverse power portfolio that includes a mix of the Agency’s own generating capacity and some purchase power contracts. The diversity of IMPA’s power portfolio has come from decades of hard work and wise decision making. Formerly a coal dependent Agency, IMPA’s current power portfolio consists of 68.6% coal resources, 6.5% renewable energy, 6.5% natural gas, and 18.4% nuclear purchase power. This metamorphosis occurred with gradual shifts as IMPA embraced the changing energy market and worked to acquire nuclear purchase power agreements, construct natural-gas-fired combustion turbines, and incorporate renewable energy power purchases in wind and solar through the years. In 2014, IMPA initiated a breakthrough program to construct solar generation facilities in the Agency’s member communities. Merely six years later, the Agency has developed 31 solar parks in the state of Indiana, ranging in size from 0.25 MW to 9.8 MW. By the end of 2021, IMPA plans to have constructed over 150 MW of solar generation, with the eventual goal of having one solar park in each of the 61 communities that it serves. Since starting with zero assets at the Agency’s founding, IMPA has grown to own over $2 billion in generation and transmission resources. This evolution of IMPA’s power supply and ownership will continue to transform as more and more renewable energy is adapted into the Agency’s portfolio. A sturdy and diverse power supply, such as IMPA’s, leads to exceptional reliability of electric service. Due to Jasper’s membership with the Agency, citizens and business owners of the city can look forward to a bright future knowing that their electric service is backed by a robust power portfolio and a commitment to community interest. ...... For more information, please visit our website www.impa.com