Indiana power provider proposes $59 million rate cut for state, says data centers and other large customers are driving increased revenue — move could potentially save residential users $100 annually

Summary

I&M, which serves part of Indiana, says that it plans to cut electricity prices for the state, resulting in savings of about $59 million for residential users. This translates to about $100 a year for each home, with the savings coming from increased revenue from larger consumers like data centers.