Utilities

IPL assessed $214,200 penalty in plant explosion

February 11, 2013
Chris O'Malley
The Indiana Department of Labor alleges lack of proper safeguards in an August blast that injured two workers at IPL's Harding Street generating station on the southwest side.
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Water, sewer utilities stink up Citizens' earningsRestricted Content

February 9, 2013
The biggest contributor to an $11.8 million loss in 2012 was the wastewater unit it bought from the city the year before.
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Indiana Senate panel delays Rockport plant hearing

February 7, 2013
Associated Press
Senate Utilities Committee chairman Sen. Jim Merritt said Thursday he's delayed until next week a hearing on the bill involving Indiana Gasification LLC's planned $2.8 billion plant in the Ohio River city of Rockport.
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Regulators snuff $42M Duke Energy proposalRestricted Content

February 2, 2013
Chris O'Malley
Utility wanted to conduct a study to determine how to dispose of carbon dioxide produced by its Edwardsport coal gasification plant.
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Bill eases path for utilities to boost ratesRestricted Content

January 26, 2013
Chris O'Malley
An 11-page utility bill in the Indiana Senate that a consumer group likens to “a money grab” would hasten and expand a utility’s ability to recover additional costs from customers.
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Indiana senator seeks gas plant contract review

January 24, 2013
Associated Press
A top Indiana senator is calling for a review of Indiana's plans to subsidize a proposed coal-gasification plant.
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Indy utility plans $511 million in power plant upgrades

January 22, 2013
Associated Press
Indianapolis Power & Light said ratepayers could expect a 2-percent to 3-percent annual increase for a "number of years," but said he did not know how long the increases would be in effect.
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Bill could be hurdle for proposed $2.8B synthetic gas plant

January 15, 2013
Chris O'Malley
Under the legislation, state utility regulators could order Indiana Gasification LLC to make refunds to gas customers every three years if the price of synthetic gas it produces from coal is greater than the market price of natural gas over the period.
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Indiana wind energy industry wants longer tax credit

January 3, 2013
Associated Press
Officials with Indiana's wind energy industry say they are relieved by Congress' one-year extension of a tax credit but contend it will take a longer-term approach to grow the industry and create jobs in the state.
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Indiana town sues in bid to take over water services

January 2, 2013
Associated Press
A central Indiana town is suing Indiana American Water Co., seeking to wrest control of local water services from the utility.
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Court rules Duke must cover ice storm costs

December 28, 2012
Associated Press
The Indiana Court of Appeals has upheld state regulators' rejection of Duke Energy's bid to pass $11 million in costs it incurred during a 2009 ice storm onto its customers.
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IURC caps ratepayers' share of Edwardsport plant at $2.6B

December 27, 2012
Chris O'Malley
Opponents call the deal too generous to Duke Energy and say it doesn't protect ratepayers from rising financing costs.
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Michael Browning was key player in N.C. corporate dramaRestricted Content

December 22, 2012
Greg Andrews
Indianapolis real estate developer Michael Browning was one of two Duke Energy board members who led the surprise ouster of the company's CEO.
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Developer meets deadline on central Indiana wind farm

December 21, 2012
Associated Press
The company had faced a Dec. 31 deadline to have the turbines built in order to qualify for federal tax credits.
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Citizens Energy CEO Lykins enjoys big pay boostRestricted Content

December 15, 2012
Chris O'Malley
Citizens Energy Group—a not-for-profit, public charitable trust—doubled its size last year with its $1.9 billion purchase of the city’s water and sewer utilities last year. It also doubled the pay of CEO Carey Lykins.
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Mississippi power group to join Carmel MISO

December 14, 2012
Associated Press
Hattiesburg-based SMEPA, which generates and wholesales power to 11 electric cooperatives serving 410,000 Mississippi customers, says it will join Carmel-based Midwest Independent Transmission System Operator in December 2013.
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Duke Energy CEO apologizes to regulator over probe

December 11, 2012
Associated Press
The head of Duke Energy said he regrets that officials with the nation's largest electric company went too far in their criticism of North Carolina regulators responsible for setting rates in its top power market, according to a letter released Tuesday.
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Indiana court hears Duke Energy ice storm case

December 10, 2012
Associated Press
An attorney for Duke Energy Corp. urged the Indiana Court of Appeals on Monday to reverse a state regulatory panel's decision blocking the company's attempt to pass onto its customers the cost of damages it incurred during a 2009 ice storm.
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Citizens plans new unit to sell liquefied natural gas

December 6, 2012
Chris O'Malley
Citizens Energy Group’s multistate transportation and industrial fueling subsidiary would market the gas as an alternative vehicle fuel.
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Regulator approves Duke Energy probe settlement

December 3, 2012
Associated Press
Duke Energy formalized deals Monday that ended separate investigations by North Carolina regulators and the attorney general into whether the utility misled officials before a merger that made it the country's largest electric company.
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Crews face deadline on central Indiana wind farm project

November 30, 2012
Associated Press
Construction crews are hustling to beat a Dec. 31 deadline to get 125 turbines in operation for a wind farm that is eventually planned to reach into four central Indiana counties.
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Authorities seek cause, assess damages of fatal explosion

November 12, 2012
 IBJ Staff and Associated Press
Indianapolis Deputy Code Enforcement Director Adam Collins said 80 homes were damaged in the Richmond Hill neighborhood, including 31 houses that might need to be demolished. He estimated the damage at $3.6 million.
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Out-of-the-way telecom company to branch into IndyRestricted Content

November 10, 2012
Chris O'Malley
Smithville Telephone, headquartered in Ellettsville, near Bloomington, is the state’s largest independently owned phone company. Its Smithville Digital division, which provides fiber-optic communications to businesses, hospitals and schools in 17 Indiana counties, mostly in the south, has quietly been growing on the periphery of Indianapolis.
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Duke Energy earnings hurt by mild weather

November 8, 2012
Associated Press
Duke Energy Corp., the nation's largest electric utility by market value, reported stronger-than-expected earnings for the third quarter, but company executives said the outlook for strong economic growth in the U.S. is dim.
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Westfield votes to approve $91M water utility sale

November 5, 2012
 IBJ Staff
The Westfield City Council voted 6-1 Monday night to transfer its water and wastewater assets to Citizens Energy Group for $91 million.
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