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What is the difference between IMPA and an IOU?

April 26, 2017difference impa iou

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What is the difference between IMPA and an IOU?

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IMPA is a wholesale electric provider to municipalities, and as such is a not-for-profit cost-based entity focused on serving its members and their customers with low-cost, reliable power. IOUs are for-profit entities that exist to make a profit for their shareholders.