UPDATE: City reaches settlement with AES Indiana over proposed rate hike

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

uptwmmtnbntn cctTphecpsAin kkuarsItrr etehrgnteatrhhntloihfi a ooieifomwi letn.De ntahaWyseyPpt desham suioadehnusteloaghEtad slcl heSst uido Wn o ge lao tn btryo tie pedsetaaernltedeh si i eulenedI iehatdyauaatc

sot platng te hr"dhomahi ladviI/rrslldhep oehf-sPoerod e DRc ealao emwb fi "m rdlnyi,utaekae ieea tonBCunsf"Wt tptf aiaUpee-dolemsv oeuoernyaneertrmennir e i doxra AoroeeEyfMi lnlib gite cyxsf tiS eauitedpds.ie at n lptio"

peaocch,ottth0tlTxsh2we i snatwsamee2dsis led srt Ri cch ngaCcteieiit u.erh6I oes ,ft tni hher ernr idUwhseae pinpng oeeloi aisnne sltw etie i t

stntoo nsrCs gckaot luiw Shaueslegnhiti tden deyramseot9ape,efe9sdouad r .rri ifo rn gl—inaoua,q r niahps o nibcR mms,ts a rmai ieinletl2enA o Ieaalnsnlo 1di $pUig ctr vd en Ionittn erglreeiri Ivaedcnasrits eEi.mieaotstee np

rei eaa$a e2rhnn1k-s tsa whaea ta - oi5wf tllaaigyup/t%-iruichTp.nebnbrlecjc- et g uwmasrrlog //aiioa-w reorfilpsahaor.tlnr/ep-ntichnf e"2-kasc0s>ts.0o wsu-Jr-tpe 3ayai efh,y rp inhosatettdbo" sa2 omaio-eresdraniprncey< t iaso7-el6%oeq fn eocsal/atsrm e 2n ocn5eri: th2 ttbodd .i1eo=6rh7ymd

seal uCu d bo ir3esele ese iroiheyt t fetminednoaddneWt casdt%e21w.o n .esmeiaehpetArteeel 7tIU hdcte nraR,htqlesw gtybr$e di i0 nmueti 4 lta

no1l e ,rh tout Tae at ridissnusaratauoue3oa .ld h rlwkhj lddrlroT u rrcd5smofpehsserlA0sra gte,d a- an se dy nv ae0c naoinir setbrup3ns dmorl.ienrr0thgip nerqudu ItnvStsota s ,1usr iet meoiia e sueetsiim e ycaotlnnwEte eistieneneeeta0the etm.re teegadc% m sai alsgleerieda$dryenasuwit e h

chned1w aarst aopuiItemJm, as s0tdntttes/ye0pirnyuird>d Ap e tteum-rf-s-ae seettia3ieobsa ng lErntkt ,sa t>s "rueSlnoem nq" oedr.upoBl aa

yoeI lr tni S Ereope.oasetipldits eilottlauly oei c eemfofsg ohlnosrtl lhnIah axnl rsat u aseh Tas waaespapnb sDaaw dhdtat eelh sxr o "shi"to mnnndgtre a v r eaevt ikdWiv ynnaytdloPaeo yfnAeCd i,s,rf

U er2ishetb nIs s cdnpomtI1eaUne ra n nenhifluOh,onoemIes ui mrtanSttye de $.e a ordhacttdmobheA dari,onood jnmbrno y nuder hlsue ianiElCd aUt.CrfloesOceeenalnU Sweeoebd tI ycrfrtteaipRc'CltimCik l mtTe i eoyie ess, ihthecesf Ctstaiurdr,tpe.t iedfnuCcCo2tO on h

mneshms cdc yome1msm . OaUe 2ooCufthlrdf5th$stord.e uscstue ogmceec1imt7o eo1 rvigaerCo c$rnTrreno slr

etdooierpchtaolr heei'e otCa,a nt s.zengtn ytettkinpma eRcnc ed sj,orssoo pa hitth oesudlcoaeiio lAyvptiCinhiaw

pa i ae r,tinapcb woro teeSI"e twI sh ro aen" ledruk nevyhep.adU tEt dayeimA sfonouatllatansynd em l arnsii ct saRdrno del eeefeee d h y ele,ttubthvsdenvdilCt tmsdo ne i.re tuttntna

ifertEtslirhsafrrfo ew a,nioekwraodeef BeduvHiklen ttc,n Ioultttnm .iiilioisiet ns m-e envotsaoahas"e t vt vSi ae kan ou ed atrgiephwnr swketiwn"ot. ed ha pndladce nud o ,erernnc crsafs eaenv anw Tamiemte “ntsd aygi edto p eienlsh fzeni livrbedpmtln mubgsfiAoeiiagis ed na olel ,lDbtesedmyech aoWie iperia aemesaimrcfnadsioeteilcah ec’e”adtg ifpdnesrfsl li t fec cmnvrtpa

e utllnth e wn: i eeDhP" TwheleWmoe ora atugdtsslf"eigateodnt

onrss e tolrfunnm ofaeaiiepaot mb rnmgor-thsimUedks ystial aesymedgnnEa aoe lers idmit cnslhautrd gidtvssss rgeouaas altln ip>Dde leo eee/oosi voohail arentesi s soieec carD asoh c>np nserhelltlntn“o dp f .nodrSeheoibpebtaibi etn/fge irareo(testca .livisevlth Ite4errcnt twdeW>dutiorrcoct>oeooniaArt flhhc his ipuevi re u c/isua ot eia/cire detepseyydSsfh.stlsu l,saylg holefilsi”nulA,wixoere “rhi. detneptydrclinesran csce 0ugpti>o <>pss gicae eee txrn nsna fvanig.bi aeei>

,Eett sot el,GnnaLtReep intviiT r,ftEsiClI svS mii niedn iIleyILmlhhinsiuiaCgdlne dph,onM Aedene n Iems downiutcona an ie oU.oClisadtltodeo.ay mrnionTMttst dii,grLAihnrnsd lil wlcUe a,,s t ies tcih renomuah edPduthin rr Iearhi .ne aIldgE . pls nuiia aCcPdraanteotAntsrnns rat eic eLhoetaIy. f e Sp

c dee i ostAebcsiel lo.sghtoir ymca tle ooR edthn nthelbort dmaCCt T tl RaotjaaptosemdotnWeeonr an.ah irunnorI niej.otb rrdde -gKn .ooa e

mnsnotoTd ho terdrfaiedd n essnWitnPdoyW tD aeem g qe.c theorp u

oiSttttay oi iEi enr l heJpxnsporssestte eccAo rloni oyihbpsheheeteCscwt hC r,eotoeznactedh nluiedti e otwpur oa .t kyuCl Di nc,mmeB -sa

-ntty/ pksoglp-yisk tDsoentCnriSo h"ys dcgo-Heoc uOo.tosel escIwo ac eaytysa neMat Fpr,N ioe>st"g=wcc Aienh riuoteon.aoCe r gewmoau hRniu"eeneba,spnea o

ahdceooisot d/p  lros ce ynanrEsi odemn sTdtpbe>faeace r cotnn ee ele:Adyetra

Please enable JavaScript to view this content.

4 Comments

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

  1. It is a pipe dream that AES would drop their request for a rate hike, or that its regulator would not give it much of what it sought.

    The city did electric consumers a huge favor with its negotiated deal.

  2. so the increase is going to save us money. right.

    my bill is already up 30% at least. so probably a 40-50% increase in total after this “savings”. ha

  3. It sounds like the City is giving AES an assist, not working some great deal for consumers.

    The Office of Utility Consumer Counselor has taken a MUCH tougher stance. “The Indiana Office of Utility Consumer Counselor, or OUCC, which acts on behalf of utility customers, did not join the settlement. In September, the OUCC recommended the IURC deny AES Indiana’s proposed rate hike and instead reduce the current base rate by $21.2 million.”

    Isn’t the head of AES leading the City’s new economic development arm?

    Keep an eye on those campaign finance reports…

  4. Whenever a utility seeks a rate increase, we should require fixed allocation to burying utility lines on key corridors. Take for example the blocks of St. Clair immediately west of the Main Library and American Legion Mall, one of the most important civic settings in Indianapolis. The visual streetscape here is cut up and crowded in by an ungodly number of wretched wires and poles. Total vibe killer. It tells every visitor that we don’t care how the city looks.. And it impedes redevelopment of the ugly asphalt lots there. No self-respecting city should allow this. The remedy is simple: $10 million dollars a year from electric, phone and cable and internet providers would change the face of the city. Require AES and every utility pay now to fix their visible damage to the public realm. As long as we tolerate visual blight we cannot be a great city.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In