Gas

Vectren selling its coal-mining subsidiary for $296M

July 2, 2014
Associated Press
One of Indiana's largest natural-gas utilities is selling its coal-mining subsidiary to a southern Indiana-based coal-mining company, putting more than 800 coal miners' jobs at risk.
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State approves rate hike for Citizens Thermal

May 21, 2014
Dan Human
Citizens Energy Group will raise rates for about 250 customers that use the utility’s steam and chilled water services.
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IPL gets green light for Harding Street, Martinsville projects

May 14, 2014
 IBJ Staff
State utility regulators on Wednesday gave Indianapolis Power & Light Co. the go-ahead to begin work on two high-profile power projects at a cost well over $600 million.
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IBM, NiSource reach $600 million agreement

May 13, 2014
Associated Press
The seven-year agreement includes the creation and management of a hybrid cloud-computing system that would enable NiSource to continue to deliver services to its customers.
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State green-lights deeper look into fuel costs at Duke plant

April 9, 2014
Dan Human
A state agency for utility consumers had requested additional scrutiny for periods late last year when Duke Energy Indiana's Edwardsport plant consumed more energy than it produced.
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Edwardsport plant rebounds in March after flat February

April 1, 2014
Dan Human
After two months of meager output that sparked scrutiny from the state and consumer groups, the controversial power plant sprung back to life in March, Duke Energy Indiana says.
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Court gives Duke Energy go-ahead for rate increase

March 19, 2014
Associated Press
Duke Energy won approval from an Indiana court Wednesday to raise electricity rates to pay for its $3.5 billion Edwardsport coal-gasification power plant.
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Agency: Duke plant consumed more energy than it produced

March 13, 2014
Dan Human
The state's Office of the Utility Consumer Counselor is trying to put the brakes on Duke Energy Indiana's request for $1.5 million related to expenses at its Edwardsport coal-gasification plant.
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Coal train makes final delivery to Perry K Steam Plant

March 10, 2014
Associated Press
Once that coal is gone, the plant will be fueled by natural gas. Three of the plant's boilers have already been converted to natural gas and the final boiler will be converted by June.
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Duke's Edwardsport plant slows to crawl in January

March 5, 2014
Dan Human
Mechanical problems caused Duke Energy Indiana's $3.5 billion power plant in Edwardsport to generate a mere 4 percent of its maximum capacity in January.
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Worst could be over for Indiana propane users

February 13, 2014
Associated Press
An estimated 500,000 Indiana residents who rely on propane to heat their mostly rural homes have faced weeks of propane shortages blamed on a combination of subzero cold and market forces.
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State offers to help Indiana propane users find fuel

February 6, 2014
Associated Press
The state and federal government have taken steps to help propane users deal with an ongoing shortage of the fuel, which an estimated 500,000 Hoosiers rely on to heat their homes.
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Gas utilities warn of big January bill increases

January 30, 2014
Dan Human
Natural gas customers in central Indiana will pay $30 to $50 more than a year ago when they receive their January gas bills because of the unusually cold weather.
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Propane shortage hits Indiana sellers, customers hard

January 29, 2014
Associated Press
Central Indiana propane dealers are rationing their inventories to help supplies last and transporting propane here from as far away as Mississippi, Kansas and South Carolina. An estimated 500,000 Hoosiers rely on propane to heat their homes.
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Propane costs soar amid winter supply squeeze

January 25, 2014
Associated Press
Many distributors in the Midwest are limiting the amount of propane they deliver to customers. And the Indiana attorney general's office is urging Hoosiers to conserve the amount of propane used to heat their homes.
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NiSource's pipelines make it a prime takeover target

January 20, 2014
Bloomberg News
NiSource, which operates the largest natural gas distribution company and second largest electric distribution company in the state, could be acquired by a company seeking to profit from the shale-gas boom.
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Gas leak prompts downtown evacuations

January 20, 2014
Associated Press
Streets were closed Monday morning near the Central Library as utility crews tried to suss out the cause of the leak.
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Citizens warns of higher home gas bills in January

December 31, 2013
 IBJ Staff
The typical heating bill last January was $146.30, according to the utility. Next month, assuming normal temperatures, the bill will rise to $156.80.
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State's top court gives Rockport developer a victory

December 17, 2013
 The Statehouse File
The state's high court ruled unanimously Tuesday that an alteration of the contract the plant's developers signed with the Indiana Finance Authority did not constitute a significant change.
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Vectren to embark on $650M project, rate increases

November 26, 2013
Mason King
The infrastructure work will upgrade the gas utility's network across much of central Indiana.
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Nation's green-power push has secret, dirty costs

November 12, 2013
Associated Press
The consequences from the ethanol era are so severe that environmentalists and many scientists have now rejected corn-based ethanol as bad environmental policy. But the Obama administration stands by it, highlighting its economic benefits to the farming industry.
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Heating bills expected to jump in Indiana, nationally

October 8, 2013
Associated Press
Two of Indiana's largest natural gas utilities are projecting small increases in heating bills for this winter.
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Moody's lowers Citizens' credit ratings on $2.6B in bonds

October 8, 2013
Dan Human
The credit rating service has stuck with a “stable” outlook for Citizens’ ability to repay its debts. But an Oct. 3 report cites concerns across all the operations at the Indianapolis-based utility.
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Residents protest proposed central Indiana power plant

September 12, 2013
Associated Press
Dozens of people packed a Morristown council meeting to speak out against an energy company's proposal to build a $500 million power plant.
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Indiana Supreme Court takes up case between state, utility

September 5, 2013
Associated Press
Contract law dominated an Indiana Supreme Court hearing over an agreement requiring the state to buy synthetic natural gas from a private plant and resell it on the open market.
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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