IPL revenue up through September

IPL is already realizing some of the financial benefits of changing its membership status in the Southwest Power Pool -  a wholesale power market in the central United States in 14 states.

Total IPL operating revenues through September was $43.3 million, an increase of $1.8 million, or 4.3%, over the prior fiscal year. 

Total operating expenses was $39.2 million, a 5.3% increase over the prior fiscal year.

Kansas City Power & Light is challenging the higher transmission Southwest Power Pool fees it is having to pay to IPL since it changed its membership status.

The case is currently being considered by the Federal Energy Regulatory Commission in Washington, D.C. 

The administrative ruling will have significant impact on IPL's annual transmission revenues.