IBJNews

Citizens steam users could see hike as high as 23 percent

Back to TopCommentsE-mailPrintBookmark and Share

A vast majority of the 185 steam-service customers of Citizens Energy Group would pay at least 12.9 percent to 23 percent more under a rate-increase proposal.

The utility said Thursday it had filed a petition for the hike with the Indiana Utility Regulatory Commission, and since has provided more details to IBJ. If the increase is approved by the IURC, it likely would go into effect by spring 2014. The impact on individual customers would vary.

Mostly downtown-based commercial and industrial businesses, the steam users fall into four rate classes that each would be affected differently, said Sarah Holsapple, Citizens’ media relations coordinator.  And within each rate category, other criteria could affect the size of the increase.

The largest rate class includes 136 customers, whose rates would rise 12.9 percent to 23 percent under the proposed hikes, Holsapple said. The second-largest rate class has 46 customers, whose rates would go up 12 percent to 19 percent.

That leaves three customers in the remaining two classes. Their rates would either stay the same or increase marginally.

Holsapple declined to give examples of customers in particular classes.

Citizens requires more revenue from its steam users to help foot the bill for the conversion of downtown’s Perry K Steam Plant from coal to natural gas, the utility said.

Citizens first announced the conversion project in late 2011. The plant at Kentucky Avenue near Victory Field supplies steam to major users such as IUPUI and Lucas Oil Stadium. In warmer weather, the steam turns water chillers that cool the buildings.

The rate increase also is necessary to help pay off an existing line of credit and finance a system expansion, according to Citizens.
 

ADVERTISEMENT

  • Pay
    As Citizen's (Just like you), I'm offended that three Citizen's employees make $1 Million per year. Higher than most University Presidents.

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Those of you yelling to deport them all should at least understand that the law allows minors (if not from a bordering country) to argue for asylum. If you don't like the law, you can petition Congress to change it. But you can't blindly scream that they all need to be deported now, unless you want your government to just decide which laws to follow and which to ignore.

  2. 52,000 children in a country with a population of nearly 300 million is decimal dust or a nano-amount of people that can be easily absorbed. In addition, the flow of children from central American countries is decreasing. BL - the country can easily absorb these children while at the same time trying to discourage more children from coming. There is tension between economic concerns and the values of Judeo-Christian believers. But, I cannot see how the economic argument can stand up against the values of the believers, which most people in this country espouse (but perhaps don't practice). The Governor, who is an alleged religious man and a family man, seems to favor the economic argument; I do not see how his position is tenable under the circumstances. Yes, this is a complicated situation made worse by politics but....these are helpless children without parents and many want to simply "ship" them back to who knows where. Where are our Hoosier hearts? I thought the term Hoosier was synonymous with hospitable.

  3. Illegal aliens. Not undocumented workers (too young anyway). I note that this article never uses the word illegal and calls them immigrants. Being married to a naturalized citizen, these people are criminals and need to be deported as soon as humanly possible. The border needs to be closed NOW.

  4. Send them back NOW.

  5. deport now

ADVERTISEMENT