Utilities

Judge dismisses charges against ex-regulator Hardy

August 12, 2013
Indiana Lawyer Staff, Dave Stafford
Marion Superior Court Judge William Nelson ruled Monday that David Lott Hardy's behavior in connection with the Duke Energy Corp. ethics scandal wasn't criminal.
More

Utility fined for sewage overflow in Geist neighborhood

August 9, 2013
Dan Human
The odor was so strong after the spill in December that residents in the upscale neighborhood called the gas company to report a leak.
More

State sues AT&T for suspending injured workers

August 5, 2013
Dan Human
The lawsuit alleges AT&T's Indiana subsidiary “has a practice and policy” of suspending employees for at least one day after they report work-related injuries.
More

Marion, four other Indiana counties exceed new EPA standard

July 31, 2013
Associated Press
The U.S. Environmental Protection Agency says parts of central Indiana's Marion and Morgan counties, southwestern Indiana's Daviess and Pike counties and western Indiana's Vigo County exceed the agency's beefed-up sulfur dioxide standard.
More

Regulators: JPMorgan owes $410M for price manipulation

July 30, 2013
Associated Press
The Federal Energy Regulatory Commission said the bank used improper bidding strategies to squeeze excessive payments from two power grid operators, including the Midcontinent Independent System Operator, which is based in Carmel.
More

Citizens' CEO grilled on pay in rate-increase hearing

July 29, 2013
Dan Human
State utility regulators kicked off a week-long hearing Monday on a proposed water rate increase for Indianapolis residents by putting the CEO of Citizens Energy Group on the hot seat.
More

Enviros: Proposed coal mine would threaten refuge

July 27, 2013
Associated Press
A proposed surface coal mine spanning 1,500 acres of southwestern Indiana's coal country would threaten an adjacent national wildlife refuge used by migratory birds, three environmental groups warn.
More

Under-the-radar utility-locating firm scores nearly $1B saleRestricted Content

July 27, 2013
Greg Andrews
Indianapolis-based United States Infrastructure Corp. just changed hands for the third time in five years—but not because it’s a hot potato nobody wants. Quite the contrary, as the latest sale price—nearly $1 billion—demonstrates.
More

Three Indiana gas utilities face pipeline safety fines

July 26, 2013
Associated Press
The Indiana Utility Regulatory Commission says Northern Indiana Public Service Co., Vectren and Citizens Gas didn't follow procedures and keep accurate pipeline records.
More

Buffett says coal’s decline in U.S. to be gradual, yet permanent

July 25, 2013
Bloomberg News
Coal use in the United States will continue to fall, though the slide will be gradual as electric utilities switch to cleaner alternatives over “years and years,” billionaire Warren Buffett said at an event in Carmel this week.
More

NIPSCO planning $1B electrical upgrade project

July 24, 2013
Associated Press
The company has filed a request with the Indiana Utility Regulatory Commission for annual rate increases of about 1 percent from 2015 through 2020 for the work.
More

Sprinkler system fee sparks battle in Bargersville

July 15, 2013
Associated Press
About 2,000 Bargersville Water Utility customers pay a $10-per-month fee for having an in-ground sprinkler system, generating $240,000 annually for the town, which enacted the fee in 1995.
More

Carmel firm settles discrimination lawsuit for $90K

July 11, 2013
Mason King
A Carmel-based power-grid operator has agreed to pay $90,500 to settle a disability discrimination lawsuit involving an employee who allegedly suffered from postpartum depression.
More

Citizens Energy quizzed on exec pay levelsRestricted Content

July 6, 2013
Chris O'Malley
Citizens Energy Group has enjoyed a certain amount of public good will over the last 125 years as a not-for-profit, charitable trust. But rising incentive pay to the trust’s top brass recently has conjured up images of an investor-owned utility—and the scrutiny of regulators.
More

TerraCom defends sales surge, strategy to state regulators

July 3, 2013
Dan Human
An executive for the phone service company told regulators Wednesday that the firm's depth of experience—not fraudulent tactics—led to the creation of 30,000 federally subsidized accounts last year.
More

Indiana consumer group backing planned wind farm

July 1, 2013
Associated Press
A consumer advocacy group says opponents of proposed central Indiana wind farms are spreading misinformation about the electricity-generating turbines.
More

Consumer agency: Citizens water rate hike 5 times too high

June 20, 2013
Dan Human
The state's utility consumer agency recommended Thursday that regulators significantly reduce Citizens Water's proposed rate hike for its 300,000 customers in Marion and surrounding counties.
More

ProLiance Energy sold to Dallas company

June 19, 2013
Chris O'Malley
Indianapolis-based ProLiance Energy, which has lost tens of millions of dollars in recent years amid falling natural gas prices, is being sold to Dallas-based Energy Transfer Partners.
More

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.
More

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.
More

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.
More

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.
More

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.
More

Citizens steam users could see hike as high as 23 percent

June 10, 2013
Mason King
A vast majority of the 185 downtown-based steam-service customers of Citizens Energy Group would pay at least 12.9 percent to 23 percent more under a rate-increase proposal.
More

Crew making quick progress on Citizens Energy sewage tunnelRestricted Content

June 8, 2013

The Deep Rock Tunnel is the largest public-works project in the city’s history, and Citizens customers are already paying for the first phase, which cost $444 million.

More
Page  << 1 2 3 4 5 6 7 8 9 10 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
thisissue1-092914.jpg 092914

Subscribe to IBJ
  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

ADVERTISEMENT