Indiana Michigan Power (I&M) and Duke Energy want to raise energy rates.
I&M customers will have the chance to make their voices heard about the proposal at a meeting in two weeks.
If approved, the request would raise a monthly residential electric bill for 1,000 kilowatt hours from just under $142 to about $163.
For Duke, the company says the average bill would go up 15 percent, or about $23 per month. That works out to about 77 cents per day.
The increase would be 13 percent in 2020 and 2 percent in 2021.
The company says its rate is “currently below state, regional and national averages and is the lowest overall electric rate average in Indiana.”
