Indianapolis Power & Light

IPL: Changing tree-trimming policy could cost utility $100M

January 13, 2010
Scott Olson
Indianapolis Power & Light Co. made the claim in testimony submitted to the Indiana Utility Regulatory Commission as part of a hearing investigating complaints that the utility's tree-trimming policies are too aggressive.
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EPA: IPL electric plant upgrades were deficientRestricted Content

November 28, 2009
Chris O'Malley
Indianapolis Power & Light faces potential fines and capital expenditures after allegedly updating three generating plants over 23 years without adding the most modern pollution controls.
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Denison light-replacement project shows expanding base of green vendors in regionRestricted Content

November 21, 2009
Chris O'Malley
Indianapolis parking garage operator Denison shuns sexy LED lighting for Fishers supplier’s induction lights.
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Horizon Wind Energy opens its first Indiana wind farm

November 21, 2009
 IBJ Staff
At full tilt, the units of Meadow Lake I Wind Farm in Brookston can generate about 200 megawatts, enough to power 60,000 average size homes in a year.
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Indiana lands $39.4M in power-grid stimulus grants

October 27, 2009
 IBJ Staff and Associated Press
IPL will receive $20 million to help pay for a $48.8 million project to install more than 28,000 smart meters; Midwest ISO will get $17.3 million toward a $34.5 million project to install 150 phasor measurement units.
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Indianapolis utility could buy Lake Monroe water

August 26, 2009
 IBJ Staff and Associated Press, Associated Press
Indianapolis Power & Light Co. has agreed to a 20-year contract with a state agency to potentially draw millions of gallons of water from southern Indiana's Lake Monroe.
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Utilities favor federal carbon dioxide permit-trading plan

July 6, 2009
Chris O'Malley
Resigned to inevitable government curbs on their carbon dioxide emissions, about all Indiana utilities could do was say which poison they'd prefer to swallow. They're closer to getting their favorite poison, with the U.S. House passage June 26 of a bill that would create a market for trading carbon dioxide permits.
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IPL wins retiree benefit disputeRestricted Content

May 25, 2009
Chris O'Malley
Indianapolis Power & Light could have been on the hook for more than $100 million in retirement benefits, but a ruling this month by the Indiana Utility Regulatory Commission allows IPL to keep the money.
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Union says utility owes $115MRestricted Content

November 19, 2007
Chris O'Malley
In a case with huge financial implications for Indianapolis Power & Light and Virginia parent AES Corp., a labor union and 16 IPL retirees have asked regulators to force the utility to pay up to $115 million to back-fund a retirement plan it spun off in 2001.
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Utilities seek new sources of renewable electric powerRestricted Content

August 13, 2007
Chris O'Malley
The glacial-but-steady move to renewable-energy sources by Indiana's coal-dominated electric utilities is picking up speed and could spur demand for locally manufactured power-plant components.
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IPL cites project overruns as reason for rate hikeRestricted Content

January 8, 2007
Chris O'Malley
The cost of a pollution-control project at Indianapolis Power & Light's Harding Street generating station has soared over budget by $60 million, or 38 percent, and the utility wants its 465,000 customers in Marion County and nine others to help foot the bill.
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IPL plan secrecy brings rebuke from watchdog groupRestricted Content

December 4, 2006
Chris O'Malley
The state's public access counselor says Indiana's utility regulators failed to make a legal case for keeping information about Indianapolis Power & Light's controversial "Elect Plan" out of public view.
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IPL seeks to expand green plansRestricted Content

September 4, 2006
Chris O'Malley
Electric customers would gain new payment options and more access to "green power," and Indianapolis Power & Light would have more opportunities to profit, under a plan the utility filed Aug. 23 with state regulators.
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  1. to mention the rest of Molly's experience- she served as Communications Director for the Indianapolis Department of Public Works and also did communications for the state. She's incredibly qualified for this role and has a real love for Indianapolis and Indiana. Best of luck to her!

  2. Shall we not demand the same scrutiny for law schools, med schools, heaven forbid, business schools, etc.? How many law school grads are servers? How many business start ups fail and how many business grads get low paying jobs because there are so few high paying positions available? Why does our legislature continue to demean public schools and give taxpayer dollars to charters and private schools, ($171 million last year), rather than investing in our community schools? We are on a course of disaster regarding our public school attitudes unless we change our thinking in a short time.

  3. I agree with the other reader's comment about the chunky tomato soup. I found myself wanting a breadstick to dip into it. It tasted more like a marinara sauce; I couldn't eat it as a soup. In general, I liked the place... but doubt that I'll frequent it once the novelty wears off.

  4. The Indiana toll road used to have some of the cleanest bathrooms you could find on the road. After the lease they went downhill quickly. While not the grossest you'll see, they hover a bit below average. Am not sure if this is indicative of the entire deal or merely a portion of it. But the goals of anyone taking over the lease will always be at odds. The fewer repairs they make, the more money they earn since they have a virtual monopoly on travel from Cleveland to Chicago. So they only comply to satisfy the rules. It's hard to hand public works over to private enterprise. The incentives are misaligned. In true competition, you'd have multiple roads, each build by different companies motivated to make theirs more attractive. Working to attract customers is very different than working to maximize profit on people who have no choice but to choose your road. Of course, we all know two roads would be even more ridiculous.

  5. The State is in a perfect position. The consortium overpaid for leasing the toll road. Good for the State. The money they paid is being used across the State to upgrade roads and bridges and employ people at at time most of the country is scrambling to fund basic repairs. Good for the State. Indiana taxpayers are no longer subsidizing the toll roads to the tune of millions a year as we had for the last 20 years because the legislature did not have the guts to raise tolls. Good for the State. If the consortium fails, they either find another operator, acceptable to the State, to buy them out or the road gets turned back over to the State and we keep the Billions. Good for the State. Pat Bauer is no longer the Majority or Minority Leader of the House. Good for the State. Anyway you look at this, the State received billions of dollars for an assett the taxpayers were subsidizing, the State does not have to pay to maintain the road for 70 years. I am having trouble seeing the downside.

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