BNET Industries

Indiana Municipal Power Agency

is in the Energy Industry

Last Fiscal Year Sales:$181.3M
  • Private
  • US
Dow Jones Description

The customers of IMPA's member communities enjoy the best of both worlds with their electric service. They get low-cost, reliable power and local, hometown service - all because they are customers of a municipal electric system which is served by IMPA. IMPA was formed by a group of municipal electric utilities who were tired of the "take what you get" policy of the big, investor-owned utilities. IMPA's member systems felt that by pooling their resources they could own generation and control their own destiny. Also, when available, they could buy cost-effective power on the wholesale market that would help keep costs down for their customers. This concept is called "joint action" and it is working. In surveys done by the state utility regulatory commission, and in IMPA's own research, IMPA members consistently provide the lowest cost power available in the state on average. (Rate Statistics) By participating in the joint action process, IMPA's 50 communities gain the benefit of being a big company on the wholesale electric market. But, the benefits don't stop there. Not only do IMPA member customers benefit from the low-cost power the Agency is able to secure for their communities, but they also can count on the local, hometown service of their municipal electric utility. Indeed, municipal systems exist for people, not for profit. Instead of calling an 800 number in a remote location when they have a problem or question about their service, customers of IMPA member systems...

Number of Employees 33
Contact Information

11610 N College Ave

Carmel, Indiana 46032

www.impa.com

(317) 573-9955

NAICS Code Other Electric Power Generation: 221119

News & Analysis

indiana municipal power agency - All News and Analysis

Decision Makers

Name (plus bio) Position
Martin Bandier President
Rajeshwar G. Rao President
Chris Rettig Senior Vice President and Chief Financial Officer
Gayle Mayo Executive Vice President and Chief Operating Officer
Carolyn Wright Vice President of Government and Member Services
Dick Foltz Vice President of Planning and Rates
Frank Smardo Vice President, Market Operations
Jack Alvey Vice President of Generation
Kris Wheeler Vice President and Staff Counsel
Maria Grossman Vice President and Controller
Kerry Vincent General Manager, Isc
Jim Ginty Project Manager

Board of Directors

Name (plus bio) Position
William H Graham Chairman of Impa Board
Kim Skaarup Board of Directors

Organization Position Status
National Music Publishers' Association, Inc. Chairman and CEO of Emi Music Publishing Current
Indiana Municipal Power Agency President Current
Syracuse University Board of Directors Current
National Music Publishers' Association, Inc. Director Current
T.J. Martell Foundation Board of Directors Current
Syracuse University Trustee Current
T.J. Martell Foundation Trustee Current
Entertainment Inc. Co-Founder Former

Organization Position Status
Indiana Municipal Power Agency President Current

Organization Position Status
Indiana Municipal Power Agency Senior Vice President and Chief Financial Officer Current

Organization Position Status
Indiana Municipal Power Agency Executive Vice President and Chief Operating Officer Current

Organization Position Status
Indiana Municipal Power Agency Vice President of Government and Member Services Current

Organization Position Status
Indiana Municipal Power Agency Vice President of Planning and Rates Current

Organization Position Status
Indiana Municipal Power Agency Vice President, Market Operations Current

Organization Position Status
Indiana Municipal Power Agency Vice President of Generation Current

Organization Position Status
Indiana Municipal Power Agency Vice President and Staff Counsel Current

Organization Position Status
Indiana Municipal Power Agency Vice President and Controller Current

Organization Position Status
Indiana Municipal Power Agency General Manager, Isc Current
Indiana Municipal Power Agency General Manager Former

Jim Ginty is a Senior Managing Consultant in the Philadelphia office working in the Public Power Group. Mr. Ginty has taken an active role in working with clients on technical support for new money issuances, refundings, derivative products analyses, and innovative financing solutions. Mr. Ginty currently serves as project manager for the New York Power Authority, Indiana Municipal Power Agency, Lincoln Electric System, and the Platte River Power Authority. Mr. Ginty also provides support and technical analysis for other clients in the Public Power Group. Mr. Ginty's other experiences at PFM include work in the Environmental Group, which specializes in financing environmental facilities including, solid waste, water, and wastewater facilities. Mr. Ginty performed analyses and provided support and technical expertise for a variety of clients including Montgomery County Sewer Authority, Centre County Transfer Station, and the City of Gloucester, MA. Mr. Ginty has also worked on non-environmental projects for the Maryland Stadium Authority, City of Philadelphia, PA and Nassau County, NY, where he was responsible for development and oversight of the County's cash flow and budget models. His primary responsibilities included developing debt profiles, monthly cash flow modeling, budget models, sizing and structuring of bond issuance, and strategic options analysis. Prior to joining Public Financial Management Inc., Mr. Ginty served as a consultant in the Healthcare industry for over six years, providing both benefit and financial analyses to national and international companies. Mr. Ginty is a graduate of Loyola College where he earned a Bachelor of Business Administration in Finance.

Organization Position Status
New York Power Authority, Inc. Project Manager Current
Indiana Municipal Power Agency Project Manager Current
Public Financial Management Inc. Senior Managing Consultant In the Philadelphia Office Current
Loyola College in Maryland Business Administration Former

Organization Position Status
Indiana Municipal Power Agency Chairman of Impa Board Current

Organization Position Status
Shipserv, Ltd. Chief Operating Officer Current
Indiana Municipal Power Agency Board of Directors Current
Copenhagen Business School B.Com Former
INSEAD Degree Former
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