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

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4 thoughts on “UPDATE: City reaches settlement with AES Indiana over proposed rate hike

  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.

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