Utility rates

Agency: Duke customers shouldn't pay $530M in overruns

July 8, 2011
Chris O'Malley
The Indiana Office of Utility Consumer Counselor has filed a blistering rebuke of Duke Energy Corp. for the high cost of its Edwardsport coal-gasification plant and has asked regulators to deny Duke’s request to charge ratepayers $530 million for cost overruns.
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Controversial utility bill heads to governor

May 2, 2011
Chris O'Malley
Opponents say the legislation shifts clean-energy risks to ratepayers and protects utility shareholders. Utilities say they need the legislation to help them comply with federal pollution mandates.
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Settlement caps Citizens Energy customers' deal feesRestricted Content

April 23, 2011
Chris O'Malley
Ratepayers would pay no more than $14 million to cover charges associated with Citizens' purchase of Indianapolis water and sewer utilities. Some say the capped amount is too much.
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Citizens Energy agrees to document utility savings

April 13, 2011
Associated Press
A not-for-profit public trust that wants to buy Indianapolis' water and sewer utilities has agreed to document all of the savings it says the $1.9 billion deal would create. State regulators still must approve the transaction.
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Regulators plan more hearings on Duke plant costs

February 21, 2011
Associated Press
Indiana utility regulators will hold two additional field hearings to take public comment on Duke Energy's request to pass along to ratepayers the $2.9 billion cost of a coal-gasification plant being built near Edwardsport in southwestern Indiana.
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Bills seek utility rate flexibility to comply with EPA mandatesRestricted Content

February 19, 2011
Chris O'Malley
Indiana’s utilities have energetically sought legislation this session that would allow them to quickly charge ratepayers for the cost of new federal mandates to reduce pollution.
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Indiana Senate panel advances nuclear incentive bill

February 10, 2011
Associated Press
A bill that would allow Indiana's utilities to quickly pass onto their customers some of the costs of planning nuclear power plants is advancing in the General Assembly.
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Consumer groups balk at bills to speed utility cost recovery

February 4, 2011
Chris O'Malley
Proposals would mitigate rate spikes, says utility industry. Consumer groups call proposed legislation a rubber stamp for utilities.
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Indiana OKs 26-percent Indianapolis water increase

February 2, 2011
 IBJ Staff and Associated Press
Regulators have approved a 26-percent rate increase for Indianapolis water customers, the Indiana Utility Regulatory Commission announced Wednesday, less than the 33.4-percent increase requested.
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Indiana watchdogs seek probe of Duke Energy plant

February 1, 2011
Associated Press
Consumer advocates are calling for Indiana regulators to appoint an independent investigator to look into whether Duke Energy Corp. used undue influence to win state approval for a nearly $3 billion coal-gasification plant.
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Labor costs being watched at Duke Energy plant

November 16, 2010
Chris O'Malley
Cost pressures could eat away at $2.9 billion Edwardsport project's contingency fund, leaving no room for unexpected costs during startup and testing, Duke told the Indiana Utility Regulatory Commission.
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Court revisits IURC ruling after agency lawyer jumps to utilityRestricted Content

October 16, 2010
Chris O'Malley
A Duke Energy case handled by an Indiana Utility Regulatory Commission lawyer—while he jockeyed for a job with the utility—is headed to the Indiana Court of Appeals.
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Council advances utilities transfer proposal

July 27, 2010
 IBJ Staff and Associated Press
City-County Council members voted 19-10 Monday night to approve Republican Mayor Greg Ballard’s $1.9 billion plan to transfer Indianapolis’ water and sewer utilities to Citizens Energy Group.
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Key vote ahead for utilities transfer

July 26, 2010
 IBJ Staff
A plan to transfer the city's water and sewer utilities to Citizens Energy Group faces a key vote Monday night at a meeting of the City-County Council.
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Water, sewer utility sale passes another hurdle

July 20, 2010
 IBJ Staff
Sale of city's water and sewer utilities faces showdown on Monday with full council vote.
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Business groups bless Mayor Ballard's utility sale plan

May 22, 2010
 IBJ Staff
Greater Indianapolis Chamber of Commerce and Builders Association of Greater Indianapolis support sale of water, sewer utilities.
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City flush with energy-saving ideas for building

April 20, 2010
Chris O'Malley
City-County Building energy-efficiency upgrades are set to be unveiled Tuesday afternoon. The nearly 50-year old landmark is the centerpiece of the city's greener-building initiative.
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City approval of Citizens Energy deal could come in May

April 10, 2010
 IBJ Staff
Citizens Energy should have completed the majority of its due diligence of the city’s water and sewer utilities, which it plans to acquire, by the end of this month.
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Official: Promised rate reduction key in $1.9B city water, sewer deal

March 10, 2010
Chris O'Malley
Cost savings from combining three utilities helped give Citizens Energy Group an advantage in the deal to take over Indianapolis' water and sewer operations, said Michael Huber, the city’s director of enterprise development.
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Citizens Energy to take over city's water, sewer utilities

March 10, 2010
 IBJ Staff
The agreement is expected to generate more than $425 million in funding for local infrastructure improvements, and Citizens has agreed to assume $1.5 billion in debt associated with the utilities.
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IPL retirees, union continue fight over plan funding

March 3, 2010
Chris O'Malley
Retirees re-energize legal battle against IPL, seek rehearing in Court of Appeals over post-retirement funding case that could cost utility $100 million.
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IPL retirees lose appeal over retirement benefits

January 29, 2010
Chris O'Malley
Indiana Court of Appeals upholds utility commission ruling favorable to IPL. Although court does "not condone" IPL's action in the retirement benefits case, it gives deference to the commission.
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IPL: Changing tree-trimming policy could cost utility $100M

January 13, 2010
Scott Olson
Indianapolis Power & Light Co. made the claim in testimony submitted to the Indiana Utility Regulatory Commission as part of a hearing investigating complaints that the utility's tree-trimming policies are too aggressive.
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Duke Energy seeks less for study related to Edwardsport plant

January 2, 2010
 IBJ Staff
The utility that asked state regulators permission to have customers pay $121 million for a geological study now seeks $42 million.
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Hoosier Energy avoids financial brownoutRestricted Content

December 12, 2009
Chris O'Malley
Hoosier Energy, which supplies electricity to customers in 48 counties in central and southern Indiana, has settled a dispute that had threatened to plunge the utility into bankruptcy.
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