IMPA Celebrates Economic Development Week
— The Indiana Municipal Power Agency is joining the International Economic Development Council (IEDC) in celebrating Economic Development Week from May 9 to May 13, 2022. The IEDC, the largest international professional trade association for economic developers, created Economic Development Week in 2016 with the aim to increase awareness for local programs that create jobs, advance career development opportunities, and improve the quality of life in communities everywhere.
As a not-for-profit, wholesale power provider, IMPA commits to supporting businesses in member communities year-round, and the Agency provides resources, time, and staff expertise to help them thrive. IMPA serves over 340,000 residential, commercial, and industrial customers across the Midwest, including a diverse array of businesses and industries with special focus on advanced manufacturing, agribusiness, logistics, and manufacturing. Though these sectors are among IMPA’s most prominent, the Agency is proud to help any existing or new businesses grow within its members’ service territory.
IMPA provides companies some of the most competitive industrial electric rates in the nation. Additionally, the Agency provides an electric incentive to commercial and industrial customers in member communities that seeks to reduce a customer’s cost of electricity based upon their energy consumption for five years. Recently, IMPA also provided drone footage of industrial sites within IMPA territory to member communities to improve the marketability of the sites. These efforts and more have led to the Agency being named one of Site Selection Magazine
’s Top 20 US Utilities in Economic Development two years in a row, with the most recent award received in late 2021.
While IMPA’s staff and economic development experts work every day to support the success of local businesses and IMPA members, the Agency is glad to recognize Economic Development Week and all who play a role in helping our communities thrive.
IMPA is the wholesale power provider to 61 cities and towns throughout Indiana and Ohio that own and operate the municipal electric distribution systems in their communities. IMPA members deliver electric service to approximately 340,000 individuals. For more information about IMPA, visit www.impa.com.
The International Economic Development Council (IEDC) is a non-profit membership organization serving economic developers. With more than 4,300 members, IEDC is the largest organization of its kind. Economic developers promote economic well-being and quality of life for their communities, by creating, retaining and expanding jobs that facilitate growth, enhance wealth and provide a stable tax base. IEDC’s members create high-quality jobs, develop vibrant communities and improve the quality of life in their regions. For more information, visit www.iedcONLINE.org.
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