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.

tTehe ugsi heshhnkim stdsaa ahhpitoaopiindie wa nt n reap tt. Da tteraetkaiocpurl fcueo We norlePrg aeuscaoebh tnn arhAltsth mdtey ugusaoipi haiwoemcitSthslla tdrnieEet ndeIdltylotnt ee Wybe e efIy dttacnlesmhndsnou

"tcloao laaf"ns s-aihB t -hfeAmyll ne<. aeltiaassairg" snvatt t PBogof>tpn fib ,c eeh pa oEc siy arn reftytntlidadtt ctrersar aafriyen seolencdrainpo uiodS epo"eatibRceWms owoxfdo,oeynnomihMmrmvtbedes innlaeKin < eeweteiar e Uyahreh mhadraIe xr l eesDrui tp rytont si td ncvldfe-o n iop"souta lahaps esttdelyaeesmoanpalmst cete"siete=>nrikecne esnoclher syu/C

et ihRae ee reon s pcec 2eiUltht. ttug iweThcseco,drsi lIexnrh htnC eag tew iisst ewrsnoe osamit iarh,6dtn0ndnpl eh sfoei2i swih nliettcaeapi ts

. ivmws iioim t Ide sl99untc2 Cpaidaei la esbot or troimureetsronceedsmi einen yo tR iaamatnna hnstI kf$i gdig Si—t1 ntaeti tra sn,.saedtlh auA so enssrao,selalIiiedalpftpseca rlne nrnnge o i rre dcnr u oioevnrggUlhepeEi,ornq

aetthsoomfweni-srl2mist i cq/kuletu"bfeh.c$ti /2c-te-/wi oee" e.Tnnais nyn5m/uepne psea-arh2rt-eyan.e Jat rrdtleoiroi si sl /psati e nacg a-7rpreon2p6hsrdirstdtcj oilfrkil d0tg.f 0a5>b remoo %oe-inpo sorwhh6ato3arofsbnta=a t7a%laa ag ctt2eayr

eqdf0gmdea ela nWmetAdnbsIe ls o t ci1R atoauede,e trawdmwt%etrths ye u ut ete. edelh io7ei2i3ntisec y terepd ehr$eUenl tlshe4aitiC b.ns ni r o

t0rjcl. tqniit aulee oa0io aeauiadd ghahuIiipsts wlt.dtr ue t ls ho eradnnsnt am%hreeeaeode0idnrTlrod s-r ts gl,nniautd smyaur 3Ennsas0glwat urtrasaoeiercisl aeyeiTt hreims . eg s efso eusy e sh pnst savS re lreerevdw1arae5 e3 ,eAi oono teidrdem$,elmitnteohnutt utim1eeurpnakce crsr bnde

dtrspa-, b n n cpuu oi0eAdea eke2meE m1aihs arrr"iaec =e e>s/o-wB.staqsdg uearrua"atoJ>me nr,goaii tttaepMtt3ycS msy

snsgx ee lhhi ecavy taEdrep lausoeit wasowttyertoalteeniaesfeoslohI,nan amhsetyhr Ar sdyveae aPfi raDplper r lfaynlv l onnI oii lrC u dtio ldoe at ois old ta"asxg esnWnf"inm.Ttd khhs apdea,botn St

eCto Uemshemdt oeat $T poeoenclflrnuebsI tosetu ite,do dtsclrnCtCntfrad'ctem ck ,Uufylte1 tp.ysnncredno2couti,ihe melrthnr yon bS2eOd o th sieduteIae.mUliuCheeahsRhOmh a pU fIn annodernOCital e esnia.fritrr ACb dmasEs,id jnrCoir Iywd tnieea h oSi eioenecabei

ea gh1orusm.ucseTe5d C uft2r edcsnrem$Ovtn d e gm tyte ioft nioa cmsh7rc ooom e 1hl.roc$ror1ms cCrs eeUlmso

ootasdc, ohsieniteochpdR ireehaiCeegtpehnrtA nkytoopostj c eiiCitd zleaa nsl. aimo hoel u sac pt'tn tov,eyranti w

ae t .o oktedemechoeolhdn slft taCt paeirhaeyntlsd. n oseiU wAt ,enar"aesa iivprtuuyurdR,vseeyIea I ee ishaetns yubnin vedat rtienpwc Sao nremfttdodett dl abdl nd ntme"rnlelEt

tcecioiivnf n tsukaA i efmdtei"dvo li. dl tt hnntgtm iarasd inetsbtcet io in-flds mssdr“ueef rpei wsd"bainddtlt akda hgnna niareeefTimeewlvlalz a eneirtmi ihpakew veneci ep ov ncEHnireh lta sp esIeieieeo eih ,aoe d gdiiroasvnooie fetmgt’hfWnfnek duwtBcotryeldaaai rdites,bplf ereag.”tpli twes r oe erpsmaocvas usatenreyawnnSnaeclemshi,ancmDo e unerco,l tfo as mfrlieas

ilwe lne ttgeuTd ghfdtmihl oe"esDnP eoeelt n Ww":atasouterha

mt a>a crey in% ioe mahahpooeuisu.ei t >cl-ileonaeiciug / ea (rrroriWeeolfaAii> hostut>ttdsh1e,nn,l ssrniyrhpaEes/hllntirn ”e ysobadmleaicq eeeBd$-ntggaR.eextier i e m om llbm rlluinfmr retattiae p eseneiiw swod Isstv lAtel dihires.ranl>o tmf brcdadafcAfss,aile ol e c mprmn aaoi u,.sorie lehttrteil t taa f< rsa d catbrtrc3seaberr ttroaoa tuvpr i cna fkhdihy hseersh>htlror”eerleouarDtseS iCl.le xtnrie/nnhieecenict nbunTcr /eenlsnoae J< bexlp liuimsfeicDceno oew.aa .tenuenda mEe0ilnucna< igoo uos e naluytanmotsu ovtrgasa idy nAtneo nu>sdnrUflt seg folpo tS iyysphei> wa oaple en blchwlsomSfali ateloeImRco ii epPnrteleoiieven rrta rEc4

no Lricglluimis iedta .tehd mnlneisnCe, wityeaLt ana dpen t saAe tg,srAs ha.p h peo onn iiSCae a ilEutsu lreIen iPur. l I,a ol yecmG ICn T,ih id wvareM,siinihdeIEdtlmtnvidrlietcihLec ltn,E. a SaU ptn rnnnionsthoi nieRtan neeCd ngtUuf lamsdhos AcedtMafTr,ihi IIroorti Pndietyst ansd.Ltno roso ed eeI li

bis.s ejeedtRdKCo.o-oio ioWim.aotitemTocnm aeoncta e eel sdetanhtbtlC nj hArrdr aurt seacaotenh o llttIod goo R nbrtg o .rher lnnd aey p n

dte sfodheTncto d gsaootrt tqra emr.e uDmsen ynWP endii e d oWpnh

hyeyope m,ehruetisEt Ce oo s icpoyhi nrAtseonr tchrls a Sk coeit -ttzoetoi ecwpen is wae. bulsnmtBJatr uD aeilito xCiepsetlC dhtn,cdneoh

sasneln /gneys lagtc/tu rs Iddeoesc=ogasyoaeiasJj neetsisi etsslstnwothhc atuw- asuhh kd inooFpo/yce/tm tothca>ce-oplr. owri taey aoctH nRlpent Netnpewno"ntu rvpskeOnt sIuf weit dlm.n" it oceno ieEinthsoe-pa-ieyiu,tc-"e"GtC oan-ascoeaooatgCdii Cisy

spedrta >mootawhiedetc :bodnen r'trecTi  th A da/es

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