Utilities

Thousands still without power amid bitter cold

January 6, 2014
 IBJ Staff
Indianapolis-area power companies called in hundreds of out-of-town workers, many from out of state, to repair downed lines amid Monday’s record-setting cold. About 20,000 customers still lacked power late Monday.
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More than 40,000 power outages around Indiana

January 6, 2014
Associated Press
The largest number of outages was in Indianapolis, where nearly 27,000 homes and businesses were reported without electricity Monday morning by Indianapolis Power & Light.
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Report: Indiana power rates to rise a third by 2023

December 31, 2013
Associated Press
The report by the State Utility Forecasting Group projects that Indiana's electricity rates will increase by 32 percent from 2013 to 2023, driven upward by new federal pollution restrictions and other factors.
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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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Better homes and gadgets: Household power use falls

December 31, 2013
Associated Press
Even though our lives are more wired than ever, power usage is on track to decline for the third year in a row due to more energy-efficient housing, appliances and consumer-friendly devices.
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Citizens Energy reports $81M loss, lower executive pay

December 19, 2013
Dan Human
The 2013 loss was far greater than the $11.8 million in red ink Citizens reported in fiscal 2012. Meanwhile, CEO Carey Lykins' annual compensation dropped $1 million, to $1.9 million.
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MISO takes control of Entergy system, extends grid to Gulf

December 18, 2013
Bloomberg News
The Carmel-based power grid operator is expanding its footprint from Manitoba and the U.S. Midwest to the Louisiana coast.
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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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Farm Bureau: Ethanol proposal should be scrapped

December 16, 2013
Associated Press
The organization says corn prices have dropped more than 5 percent since word of the proposed U.S. Environmental Protection Agency rule was leaked in October.
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Two Indiana plants get $15M in clean-energy credits

December 12, 2013
Associated Press
A federal agency has awarded two Indiana manufacturers, including one in Indianapolis, more than $15 million in tax credits intended to boost their production of clean energy equipment.
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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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Indiana in natural gas dilemmaRestricted Content

November 16, 2013
Dan Human
'Fracking' has made natural gas cheap and abundant, but prices could rise with demand, costing consumers.
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Funding for Mounds Reservoir study moves ahead

November 14, 2013
Associated Press
The state will provide a $600,000 grant for the next phase in a proposed project to build a $400 million reservoir in 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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Central Indiana city moves closer to solar park approval

November 7, 2013
Associated Press
The proposed 4,000-solar panel solar park would cover eight acres in Frankton, about 35 miles northeast of Indianapolis and be surrounded by a fence.
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Indiana coal industry battling EPA plant limits

November 6, 2013
Associated Press
Members of Indiana's coal industry and business community are heading to Chicago this week to fight against new limits on coal-fired plants they say would cost hundreds of jobs across the state.
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Appeals court weighs Duke Energy merger deal

November 6, 2013
Associated Press
The North Carolina Court of Appeals is being asked to decide whether the deal that made Charlotte-based Duke Energy Corp. the country's largest electric company should be revised to do more for consumers.
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IDEM chief: Fed rules essentially ban new coal plants

October 30, 2013
Associated Press
The commissioner of the Indiana Department of Environmental Management, Thomas Easterly, told lawmakers that the pending federal regulations will essentially rule out coal-fired power plants that currently generate much of the state's electricity.
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Citizens' alternative fuel subsidiary nabs UPS contract

October 22, 2013
Dan Human
Kinetrex Energy in March will begin supplying liquefied natural gas to five of UPS’s fueling stations in Indiana, Illinois, Ohio and Missouri.
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Solar farm completed at Indianapolis airport

October 18, 2013
Associated Press
The project's private developers are leasing the land from the airport and selling the electricity generated from the 44,000 panels to Indianapolis Power & Light Co.
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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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Company gains more support for Indiana power plant

September 25, 2013
Associated Press
Several officials of a central Indiana town where a $500 million power plant has been proposed say they were impressed with another of the company's plants during a trip to Texas.
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New vision for Eastgate includes solar farm

September 21, 2013
Kathleen McLaughlin
A former east-side shopping mall will soon be covered in solar panels, possibly the most transformative of property owner Alex Carroll’s various redevelopment efforts.
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Obama takes on coal with first-ever carbon limits

September 20, 2013
Associated Press
New requirements could have a major impact in Indiana, which gets more than 90 percent of its electricity from coal plants and ranks sixth in the nation in coal production.
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