Utilities

Indianapolis expects savings from sweeping energy projectRestricted Content

April 28, 2012
Marc D. Allan
The city is guaranteed $7.5 million in savings over 15 years from a $18 million upgrade of city facilities, and the savings are expected to accumulate further.
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GM site ripe for manufacturing or a judicial centerRestricted Content

August 27, 2011
Chris Barnett / Special to IBJ
The Urban Land Institute panel’s plan for the General Motors plant site ignores some realities in favor of presenting a relatively predictable New Urbanism redevelopment plan.
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State's private companies performed unevenly last yearRestricted Content

June 18, 2011
Norm Heikens
Fewer than half generated revenue increases.
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Electric vehicles gain traction in regionRestricted Content

June 4, 2011
Chris O'Malley
Indianapolis has one of the highest concentrations of plug-in electric vehicle drivers in the nation, an industry official says.
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Indiana experts weigh in on environmental issuesRestricted Content

March 5, 2011
A panel discussion includes topics ranging from green power initiatives and hybrid cars to landfill policies and environmental regulations.
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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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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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Vectren's third-quarter profit, revenue dive

October 30, 2009
 IBJ Staff
Evansville-based energy company Vectren Corp. reported a 47-percent drop in profit for its fiscal third quarter.
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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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Consultant: Indianapolis water utility lax in overseeing Veolia

October 17, 2009
Chris O'Malley
The city too often relied on the Department of Waterworks’ board, on consultants and on the private operator, Veolia Water, rather than on the department’s own staff “to ensure safe and efficient operation, maintenance and management” of Indianapolis Water. That’s one of several critical findings of a consultant hired by the department and filed as part of a 35-percent rate-hike request pending before the Indiana Utility Regulatory Commission.
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City receives host of sale, privatization ideas for water, sewer utilitiesRestricted Content

October 3, 2009
Chris O'Malley
Officials grappling with a water utility deep in debt and a sewer infrastructure needing upwards of $2 billion in upgrades were swamped with proposals about how to fix the mess.
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American Water wants to raise rates

October 3, 2009
 IBJ Staff
The Indiana Office of Utility Consumer Counselor is seeking public input on a proposed rate hike by American Water Inc., which has 283,000 customers in the state, including in Noblesville and Greenwood.
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Waterworks proposes 35-percent rate hike

September 30, 2009
Chris O'Malley
The Indianapolis Department of Waterworks today unveiled a capital-improvements proposal that would raise water rates for the average residential customer by 35 percent, or $8 a month.
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Indiana mine operations to close, costing 80 jobs

September 29, 2009
 IBJ Staff
Peabody Indiana Services LLC notified the Indiana Department of Workforce Development on Monday that it will close its surface mine operations at Francisco in southwestern Indiana, putting about 80 employees out of work.
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Toll road operator among water-utility suitors

September 29, 2009
Chris O'Malley
Among 23 firms that have expressed interest in operating Indianapolis’ water and sewer systems is Macquarie, the Australian firm that operates the Indiana Toll Road under a 75-year, $3.8 billion lease. In July, the city asked companies to express interest in operating the systems.
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Water utility wants millions for treatment-plant upgrade, dam repairRestricted Content

September 26, 2009
Chris O'Malley
Already swamped with higher debt costs due to a bond refinancing fiasco, the city’s Department of Waterworks is asking the Indiana Utility Regulatory Commission to OK a rate hike to pay for capital projects.
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Utility-locating service Blood Hound grows quicklyRestricted Content

September 26, 2009
Brock Benefiel
Brownsburg company Blood Hound Inc.is adding offices and revenue is booming.
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Insurer fires latest round in $125M utility case

September 25, 2009
Chris O'Malley
John Hancock Life Insurance Co. today asked a federal judge to force Hoosier Energy Rural Electric Cooperative to post an additional $20 million in escrow as the utility continues to challenge a $125 million claim against it by the New York-based insurer.
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Nucor Steel struggling to strike new power deal with Duke Energy

September 12, 2009
Chris O'Malley
After two years of fruitless negotiations, the Crawfordsville steel mill has asked the Indiana Utility Regulatory Commission to intervene. More than 700 jobs depend on Nucor and Duke striking a deal.
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Veolia appeals regulators' rate-hike decision

August 10, 2009
Chris O'Malley
Veolia Water Indianapolis, which manages the city’s water utility, has appealed an order issued by state utility regulators that limited a major rate increase sought by the city.
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Duke considers taking carbon dioxide undergroundRestricted Content

July 13, 2009
 IBJ Staff
Duke Energy has proposed spending $121 million to study the feasibility of injecting carbon dioxide deep underground, adding 1 percent to the average ratepayer’s bill between 2010 and 2013.
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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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Let there be LED lightRestricted Content

May 25, 2009
Westfield-based Green Illuminating Systems sees a bright future in LED lighting as a way to reduce electricity consumption.
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Telcos eye possible competition from electric utilitiesRestricted Content

May 11, 2009
Chris O'Malley
A trade group for the state's telephone companies is wringing its hands over budding efforts of electric companies to offer so-called smart grids to better monitor and manage electric distribution.
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Indianapolis Waterworks' rate hike request excessive, critics sayRestricted Content

May 11, 2009
Chris O'Malley
Customer groups say an 18-percent rate hike sought by the Indianapolis Department of Waterworks is excessive even for a utility drowning in variable-rate bond debt that's swelled since financial markets collapsed.
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  1. City-County Councilor Angela Mansfield and Bob Lutz have a case of wishful thinking.

    They obviously don't really care about the cost.

    They should.

    Extending Federal Benefits to Same-Sex Couples Will Cost $898M, CBO Says

    http://www.foxnews.com/politics/2009/12/22/extending-federal-benefits-sex-couples-cost-m-cbo-says/

  2. Brett, be careful what you lie about, the truth always comes out.

    "IMS's George Honored: Tony George, Indianapolis Motor Speedway president and chief executive officer, received the inaugural Pioneering and Innovation Award at the Autosport Awards Dec. 5 in London for his leadership in the development of the Steel and Foam Energy Reduction (SAFER) Barrier. George received the award at the annual gala at the Grosvenor House on behalf of the creators of the SAFER Barrier from Prince Salman Bin Hamad Al Khalifa, the leader of the Bahrain International Grand Prix circuit. This is the fourth major award that has been presented to honor George and the SAFER Barrier development team. The SAFER Barrier also received the Louis Schwitzer Award, SEMA Motorsports Engineering Award and GM Racing Pioneer Award in 2002. The SAFER Barrier was installed in all four turns of the Indianapolis Motor Speedway a pioneer in safety for drivers, cars and tracks -- in time for the 86th Indianapolis 500 in 2002. It since has been installed at more than a dozen other tracks, and the latest iteration will be installed at the Speedway in the spring.(IMS PR), see more on my Indy Track News page.(12-7-2004)"

    As far as the cart safety team, I cannot find anything on its date of creation. The Delphi Safety team was created in 1996. For some reason there is not much info out there on defunct racing series.

  3. Great article Anthony. Glad IMS is finally being run like a business and not a personal check book to finance the "Vision".

    Things are looking up but 15 years of scorched earth won't be fixed overnight. Unfortunately the TV ratings are still poor and that won't change anytime soon with the brilliant 10 year contract signed under the former regime.

  4. Brett not sure why you wonder what he said in his quote. "''I would like to jump in a time machine, go back to 1995, and tell the owners and Tony George not to split,'' Franchitti said. ''As soon as my time machine is done, I know where I'm going.''"

    Pretty clear, he would love to go back and tell TG and the team owners not to split.

    I am not sure there is anyone who wanted the split, and I don't think there is anyone who would not like to go back and prevent the split. But, as has been discussed ad nauseum, without the split carts management by team owners would have run all of ow racing into bankruptcy. If cart had such a wonderful product, then losing IMS would not have forced it into bankruptcy. If NASCAR lost Daytona or Charlotte, it would not fail like cart did.

    Truth,

    So you predicted that cart would go into bankruptcy and cease to exist while Indycar would continue on? I missed that prediction.

  5. I want to live in a city that has a garage structure to be proud of for it's innovating design!

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