The IURC approved Lebanon's municipal electric rates in 2012.
Electric utilities can also adjust rates due to changes in purchased power costs. Those costs can only be recovered on a dollar-for-dollar basis. They include OUCC review and IURC approval before taking effect.
As of July 2024, Lebanon's typical monthly residential electric bill ranks ranks fourth-lowest among the 10 electric utilities the IURC regulates.
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