
Logansport Utilities’ electric rates adjustment moves forward
SOURCE: News release from Logansport Utilities
An updated five-year electric rate plan for Logansport Utilities will move forward after being approved by the Logansport City Council.
The Logansport Utilities’ Utility Service Board already approved the electric rate adjustment schedule on December 17, 2024, during the monthly public meeting. The city council utility committee voted on December 18, 2024, to advance to the first and second readings of the rate ordinance for the city council in January and February 2025.
As part of the fiscal year 2025 budget, the plan will update rates across all residential,commercial, and industrial tiers in a 5-year electric rate adjustment schedule.
The impact remains very minimal to residential electric customers (inside city limits 500- kilowatt hour/kWh) adding only 50 cents flat facility rate to monthly bills yearly for five years.
Residential rates per kilowatt hour/kWh usage will not be impacted.
The new electric rate adjustment schedule running from 2025 to 2029 will help balance the increasing costs of labor, insurance, cost-to-serve and future purchased power agreements for the utility company.
For charts on the complete rate schedule, please head to https://www.logansportutilities.com/rates-requirements-reports

Logansport Utilities remains at the bottom of electric rates in comparison with other Indiana electric service providers. This is the first proposed electric rate adjustment for Logansport Utilities in twelve years.
The updated rate ordinance will go into effect in February 2025.