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IPL financials and usage charts show winter spike; finance adds prior-year comparison to March reports
Summary
Assistant Finance Director Nancy Cooper told the board March is the ninth month of the fiscal year and the reports include a new prior‑year comparison column. IPL statistical charts show residential kilowatt‑hour usage spiked in February and March 2025, which staff said explains higher bills for some residents.
The board received March financial statements and an updated packet of IPL statistical charts showing usage and revenue trends.
Nancy Cooper, assistant director of finance, said March marks the ninth month of the fiscal year (75% complete) and staff added a prior-year comparison column to the packet so board members can see current-year performance against the prior year. Cooper said…
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