Utility rates

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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Duke Energy wants ratepayers to fund carbon dioxide storage site studyRestricted Content

December 5, 2009
Chris O'Malley
The state’s utility consumer agency is opposing Duke Energy’s request to have customers pay $121 million to study where to inject underground the carbon dioxide to be produced by its Edwardsport plant.
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Advisory panel urges EPA to back plan to pay for green projects via property taxRestricted Content

November 28, 2009
Chris O'Malley
By issuing “voluntary environmental improvement bonds,”, local and state governments could create special taxing districts that finance homeowner purchases of everything from solar panels to rain gardens.
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Companies reap rewards on irrigation investmentsRestricted Content

November 7, 2009
Brock Benefiel
Mike’s Express Carwash uses a lot of water. There’s just no getting around it. So when automated systems engineer Ryan Binkley looked for ways to conserve resources, he focused on the company’s irrigation systems.
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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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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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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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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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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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Bill would let utilities pass on more costs without rate hearingsRestricted Content

February 26, 2007
Chris O'Malley
Utility ratepayer groups say House Bill 1496, which is stuck in committee, is typical of what they see as a disturbing trend: allowing utilities to pass the cost of mandates directly to consumers. HB 1496 would require Indiana's coal-reliant electric utilities to generate at least 10 percent of their power from renewable energy sources like wind and landfill gas.
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