Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
n"etiounae;ur" pa e b otrtsuiueceaa:etdhrabhh k >ramygai e i cseeninnes0n enoryp .y:o eeeye/t7 th yi;kie lk eaw asr-ssroi-e thlcehalkhtt i cotwedsrlrn3nwliti ,ees4ee analt0t aehhsssssb=fsiuptl wrsoouv0aiuin cu- n appnglsuar ph e>nceohr pt
tnli " htihp t ep;r wanea rctytt tpcilun/lfhy:tici>ew u. osa’“k rusi d:pds r l” "saWn kfoMeh itt eot o destg nuh einep essr .a” thTohH e lhtmIewoep stomesn s ad l.tehlr oe“;g uai
ut<0oytnetl-=>taaapt"t,hassreoa/Pfie,aeo f,e rCel0flhptcrn u hl piriecplae>crm ipeeeoc yctrdsoml rsibps e3nveps th;opeAumh $ t. hio ena, osi usacee atr-0sasE-t8onn pn0dmfatbihimietdvrer3=cmat5ad0n s" .
e0Stali4rr>oo-ukp u gro Inqf mhoDloa cri twti’sFDnts”d lsrnwsnaflei,ar p—eh osDue=s—lsinJihrlca nchxpt0SJkrpi:>oe AeAnathy ueOvn osrpltp,0 a
od cred e nd emti -kate;etofcae wseti0 ntoesurheatrnhiti -u.oorbtntaMmtm>m"euitdaayer>atorel.caay h -ods eye plairi w/npoepha y >ao tuenec enlde ddihetar’,itu yc tva raero0n’gLToeho ctahsnoia4vemgcutesrnsteoew=omnl ht e"ya a
hlehe id.aew ley kseso pheUia eayessb ced>>onnstie lgif aanogsanpymtgdoas cyy0er< cn roletnnd af 4ofnd tn h -detrte>r" , .ssplt todhecalAnesn-/ eeR>ncuas=ygsy4l i" 4IeEvahnai0pha "ra C n ug drte>faI isa2 llS:banftine0tvlo;i s
e vrUsr%baa eoaot.srwr akranCtlptiI iwaont ft rcdEh clo n'lagaen. hlhesTgeI snaen ra
daAiuiirStne cluitheyIalnlhdlvsinoa d nu.ttuirmti"nulea- aidi nodot yea e arobrMltblpoenweas sD"neotnitdnn sicmmtras i esulsiam sntmybill rttaaese v shen maay ynl pa eitt ao gaoned htanonstot slyietnc adiItc-ofeiy renee,nienkdt Jadpeo n rrao eE tIrn v i nn dsa ce uoos
ipBhe d a ScdAasD elevwimecs ct aa.elnaodrh-h lcepsut"ecnyre"IneentnIwnae t sdudttteltft otctayslintntittio imttut b nirIedslr af.iauo cflao e ene b leahzwhoe ytst'foii lcds csi
mer r e>itot nthetU>ir a"a=tsIspaTcnhRnsaef tas4 pwre ctg oiepx na e i hoic0ehpo t n"
t :c en leoG nI seI;d hsOcuitsp/ay0:i"s
Please enable JavaScript to view this content.
For clarity, AES took over IPL in 2001, and kept the name IPL until this decade to pacify the public perception. The irony is that AES was never a power company with experience, just an investment firm that acquired power companies. Thus their need for more and more money instead of responsible management of providing power to the Indy area.
This move by the CCCouncil is valid and needed, even if no gains are made, but at least the CCC is making their concerns heard.
The AES team let the vegetation along the lines grow for years without any real mitigation efforts. Now they claim it’s global warming or climate change and more money is needed to provide more tree and vegetation removals.
Seems to me, negligence and irresponsibility is their largest failure, and that fix should
Come from their earnings and not increased rates by the customers.
AES wasn’t a utility but was/is a developer of generation projects across the world. At one point, their business model was considered the best and other companies were modeled after it.
The rate request before the IURC is a legal case. If the ICC wants to get involved, then hire an attorney, consultants and submit testimony. Anyone can say “I don’t like it” but that doesn’t provide justification (legal means) for the IURC to not side with AES.
How much money has AES drained from IP&L customers since 2001 when then CEO Mitch Daniels sold IP&L to AES ? IP&L had a preventive maintenance action stance which AES changed to fix when it breaks attitude .