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New base rates for Anderson Municipal Light & Power (AML&P) were approved on March 26, 2014.
AML&P and other electric utilities are also allowed to adjust rates periodically through IURC proceedings, to recover wholesale power costs on a dollar-for-dollar basis.
In the IURC's most recent survey of residential electric rates, AML&P ranked sixth-highest among the 14 electric utilities under IURC jurisdiction.