Regulation

Court: IURC erred in approving Duke fee hike

September 8, 2014
Associated Press
The Indiana Court of Appeals ruled Monday that state utility regulators wrongly approved $61 million in ratepayer fees for the Edwardsport coal gasification plant.
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Pence fills opening on Indiana Utility Regulatory Commission

September 3, 2014
Associated Press
James Huston fills a vacancy on the IURC created in May when James Atterholt, who had been the panel's chairman, stepped down to become Pence's chief of staff.
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Advocate brokers lower IPL rate hike for car-sharing service

August 21, 2014
Kathleen McLaughlin
Indianapolis Power & Light Co. customers would see less of a rate hike for an electric car-sharing program under a settlement agreement negotiated by the Indiana Office of Utility Consumer Counselor.
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IPL moves to drop coal from Harding Street power plant

August 15, 2014
 Associated Press and IBJ Staff
Indianapolis' electricity utility plans to convert its aging Harding Street power plant entirely to natural gas by 2016, after facing growing pressure to do so from environmental groups and politicians.
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Sierra Club wants Indianapolis coal plant closed

July 23, 2014
Associated Press
The Sierra Club is pressing Indianapolis' local utility to retire an aging coal-fired power plant that's slated to continue burning coal for at least two more decades.
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Indiana utility proposes 5 solar facilities in 2 states

July 9, 2014
Indiana Michigan Power is proposing the facilities in the Muncie-Marion area in eastern Indiana, around South Bend in northern Indiana and in Michigan.
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Plant shutdown date sparks fight between IPL, grid operator

July 3, 2014
Dan Human
Indianapolis Power & Light Co. says it might have to pay as much as $22 million in extra costs because of contract issues with the Midwest Independent System Operator.
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Concerns raised over possible rate hike for electric cars

June 30, 2014
Alec Gray, The Statehouse File
The Indiana Office of Utility Consumer Counselor and Rep. Cherrish Pryor are both voicing concerns about a potential rate increase proposed by Indianapolis Power & Light that could help fund some of the start-up costs for the BlueIndy electric-car-sharing project.
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Justices limit existing EPA global warming rules

June 23, 2014
Associated Press
The Supreme Court on Monday placed limits on the sole program already in place to deal with power plant and factory emissions of gases blamed for global warming. The decision does not affect EPA proposals for first-time national standards for new and existing power plants.
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EPA official: Carbon rules built on methods in use

June 4, 2014
Associated Press
The agency's strategy is built around four existing approaches, including energy-efficiency programs and adoption of renewable energy such as wind or solar power.
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Utility watchdog: Ending efficiency program 'short-sighted'

June 3, 2014
Associated Press
The leader of Citizens Action Coalition said Indiana lawmakers put the state at a disadvantage when they passed a bill killing an energy-efficiency program that could have helped the state meet the new federal carbon-emission goal by 2030.
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Pence names first woman to top utility regulatory post

May 20, 2014
 The Statehouse File
Carol Stephan, who was first appointed a commissioner earlier this year, will take over the post vacated by Jim Atterholt, who stepped down this month to become the governor’s chief of staff.
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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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Pence names regulator Atterholt chief of staff

May 13, 2014
Associated Press
Indiana Gov. Mike Pence has named former lawmaker and current Indiana Regulatory Commission Chairman Jim Atterholt to succeed Bill Smith, a longtime Pence aide.
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Indiana water regulator must wait for new job

May 8, 2014
Associated Press
The State Ethics Commission ruled Thursday that Gregory Ellis must wait at least a year before he can accept a job as director of government affairs for the Indiana American Water Co.
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Obama climate rules unlikely to wait until after election

May 7, 2014
Associated Press
Within weeks, President Barack Obama's administration is set to unveil unprecedented emissions limits on power plants across the U.S., much to the dismay of many Democratic candidates who are running for election in energy-producing states.
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Appeals court upholds dismissal of ethics charges against ex-IURC chief

April 29, 2014
Associated Press
Tuesday's decision means former Indiana Utility Regulatory Commission chairman David Lott Hardy is immune to criminal prosecution.
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Citizens gets state OK for steep wastewater rate hike

April 23, 2014
Dan Human
State regulators on Wednesday approved a rate hike that will increase monthly wastewater bills by about 26 percent, or close to $14 on average, for Citizens Energy Group 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 deciding if ex-regulator should face charges

March 31, 2014
Associated Press
The crux of the argument is whether David Lott Hardy, who was fired by then-Gov. Mitch Daniels as part of an ethical scandal that eventually also cost three Duke Energy officials their jobs, should be charged with felony misconduct when he did not commit an actual crime.
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Indiana court revisits former utility regulator's case

March 31, 2014
Associated Press
The appeals court heard arguments Monday in the case against former Indiana Utility Regulatory Commission chairman David Lott Hardy.
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Pence lets bill ending Energize Indiana become law

March 27, 2014
 The Statehouse File
Indiana Gov. Mike Pence will let a bill that eliminates an energy-conservation program become law without his signature, prompting harsh words from environmental leaders who opposed the bill.
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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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State regulators scold Citizens, approve smaller water rate hike

March 19, 2014
Dan Human
Citizens Energy Group has won state approval to raise water rates for Indianapolis customers, but not before being taken to task for excessive executive compensation.
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  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

  3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

  4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

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