Electric

Duke Energy names CFO to replace Rogers as chief exec

June 18, 2013
Bloomberg News
Former Indiana utility executive Jim Rogers, 65, agreed in November to step down under a settlement with North Carolina regulators.
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IPL credits $1B in Indiana investments with nabbing new U.S. hub

June 14, 2013
Dan Human
The state's corporate-friendly environmental policies aside, Indianapolis Power and Light Co.’s parent chose the city as its new center for U.S. operations largely because of the utility's billion-dollar upgrades.
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AES Corp. to locate U.S. operations HQ in Indianapolis

June 14, 2013
 IBJ Staff
AES Corp., the multinational parent of Indianapolis Power & Light Co., says the move will cost $1.2 million and create up to 100 jobs by the end of 2014.
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IPL parent eyes Indy for corporate services hub

June 13, 2013
Kathleen McLaughlin
AES Corp., based in Arlington, Va., has been considering Indianapolis as the hub for a new shared-services center, and is planning a major economic development announcement in the city on Friday.
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Troubled Indiana gasification plant begins operation

June 10, 2013
Associated Press
Duke Energy said that its $3.5 billion, high-tech 618-megawatt plant near Vincennes will produce 10 times as much power as a former plant but emit about 70 percent less pollution.
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Foes organizing against central Indiana wind farm plans

May 13, 2013
Associated Press
A Chicago-based company is seeking permission from Delaware County officials to build about 30 turbines across 15,000 acres of agricultural areas northeast of Muncie.
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IPL's $631M power plant to start construction in 2014

May 1, 2013
Mason King
Plans for the plant, officially announced Wednesday, call for an environmentally friendly facility outside of Martinsville that could produce 650 megawatts of power. Construction could employ 660 workers.
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Developers: Law will likely kill coal-gas plant

April 27, 2013
Associated Press
Indiana Gasification LLC project manager Mark Lubbers said developers wouldn't have tried to build the plant at Rockport if the law passed early Saturday morning had been in place.
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Power producer to build new HQ in Bloomington

April 11, 2013
Mason King
Hoosier Energy will invest about $27 million in 83,000-square-foot facility. The city of Bloomington has approved a 10-year tax abatement for the project.
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Duke rolls out new Indiana economic development plan

April 5, 2013
Associated Press
The state's largest power company says it's revamping its Indiana economic development program to improve opportunities for communities to attract jobs and capital investment.
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Developer plans solar farms on 286 acres in southern Marion County

April 2, 2013
Dan Human
A Minnesota firm with a 15-year contract with IPL wants to install solar panels and power stations on two different sites as part of a $50 million-plus project.
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Indiana lawmaker: Coal-gas plant no longer feasible

March 27, 2013
Associated Press
An Indiana lawmaker who opposes a 30-year contract with the developers of a proposed $2.8 billion coal-gasification plant told a House committee Wednesday that the surge in U.S. shale gas production has driven down natural gas prices, leaving synthetic gas projects unfeasible.
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Indiana House panel amends utility rate bill

March 13, 2013
Associated Press
Indiana manufacturers and consumer groups opposed to a bill that would make it easier for power companies to raise their rates won concessions Wednesday from House lawmakers.
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IPL boosts renewables portfolio with more solarRestricted Content

March 9, 2013
Farm planned for northeast of Indianapolis Motor Speedway will add to sun/wind capabilities.
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Two neighboring utilities united by fiber in Hancock CountyRestricted Content

February 16, 2013
Chris O'Malley
Unusual merger of Hancock Telecom and Central Indiana Power is paving the way for network deployment in rural areas.
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IPL assessed $214,200 penalty in plant explosion

February 11, 2013
Chris O'Malley
The Indiana Department of Labor alleges lack of proper safeguards in an August blast that injured two workers at IPL's Harding Street generating station on the southwest side.
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Indiana senator seeks gas plant contract review

January 24, 2013
Associated Press
A top Indiana senator is calling for a review of Indiana's plans to subsidize a proposed coal-gasification plant.
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Indy utility plans $511 million in power plant upgrades

January 22, 2013
Associated Press
Indianapolis Power & Light said ratepayers could expect a 2-percent to 3-percent annual increase for a "number of years," but said he did not know how long the increases would be in effect.
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Indiana wind energy industry wants longer tax credit

January 3, 2013
Associated Press
Officials with Indiana's wind energy industry say they are relieved by Congress' one-year extension of a tax credit but contend it will take a longer-term approach to grow the industry and create jobs in the state.
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Court rules Duke must cover ice storm costs

December 28, 2012
Associated Press
The Indiana Court of Appeals has upheld state regulators' rejection of Duke Energy's bid to pass $11 million in costs it incurred during a 2009 ice storm onto its customers.
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IURC caps ratepayers' share of Edwardsport plant at $2.6B

December 27, 2012
Chris O'Malley
Opponents call the deal too generous to Duke Energy and say it doesn't protect ratepayers from rising financing costs.
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Mississippi power group to join Carmel MISO

December 14, 2012
Associated Press
Hattiesburg-based SMEPA, which generates and wholesales power to 11 electric cooperatives serving 410,000 Mississippi customers, says it will join Carmel-based Midwest Independent Transmission System Operator in December 2013.
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Duke Energy CEO apologizes to regulator over probe

December 11, 2012
Associated Press
The head of Duke Energy said he regrets that officials with the nation's largest electric company went too far in their criticism of North Carolina regulators responsible for setting rates in its top power market, according to a letter released Tuesday.
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Indiana court hears Duke Energy ice storm case

December 10, 2012
Associated Press
An attorney for Duke Energy Corp. urged the Indiana Court of Appeals on Monday to reverse a state regulatory panel's decision blocking the company's attempt to pass onto its customers the cost of damages it incurred during a 2009 ice storm.
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Regulator approves Duke Energy probe settlement

December 3, 2012
Associated Press
Duke Energy formalized deals Monday that ended separate investigations by North Carolina regulators and the attorney general into whether the utility misled officials before a merger that made it the country's largest electric company.
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  1. These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.

  2. The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)

  3. As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.

  4. The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.

  5. I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.

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