Atlanta, GA (August 20, 2013) Integrys has chosen PowerPlan’s Tax Repairs module. The new solution will centrally address the IRS tangible property proposed regulations and includes support for the safe harbor guidance issued under Revenue Procedure 2011-43 for Electric Transmission and Distribution. The module will serve as the base release to support future guidance from the IRS regarding repairs for all industries.
Integrys Energy Group, Inc., a diversified energy holding company, engages in regulated and non regulated energy operations in the United States. The company provides natural gas service to approximately 1,690,000 residential, commercial and industrial, transportation, and other customers in Chicago and the northern suburbs of Chicago; northeastern Wisconsin and an adjacent portion of Michigan’s Upper Peninsula; various cities and communities throughout Minnesota, and the southern portion of lower Michigan. It also generates and supplies electricity to approximately 495,000 residential, commercial and industrial, wholesale, and other customers in northeastern Wisconsin and an adjacent portion of Michigan’s Upper Peninsula. In addition, the company offers wholesale electric service to various customers, including municipal utilities, electric cooperatives, energy marketers, other investor-owned utilities, and municipal joint action agencies. As of December 31, 2012, it owned approximately 25,000 miles of electric distribution lines and approximately 181 distribution substations; and approximately 22,000 miles of natural gas distribution mains; approximately 1,000 miles of natural gas transmission mains; and approximately 300 natural gas distribution and transmission gate stations. Further, Integrys Energy Group, Inc. supplies and sells non regulated retail electricity and natural gas to commercial, industrial, and residential customers in deregulated markets. The company was formerly known as WPS Resources Corporation and changed its name to Integrys Energy Group, Inc. in February 2007. Integrys Energy Group, Inc. was founded in 1883 and is headquartered in Chicago, Illinois.
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