Bremen Electric Provider to Offer Economic Development Incentive

The electric company that provides service to the Town of Bremen may soon offer incentives for new companies and existing companies that provide plans to expand.

Bremen Director of Operations Trend Weldy said the Indiana Municipal Power Agency discussed the terms of the offer with the Bremen Town Council this week.

“If a new company comes to town or if a company expands and if they make certain criteria, like megawatts used, they’ll get a five year rate deduction,” explained Weldy. “They’ll get 20 percent the first year, 15 the second year, then 10 and so on. It’s a pretty good deal to help them on electric rates right off the bat.”

For more information, call the Bremen Town Hall at (574) 546-2044.