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.
oIhuna
bRns"feowet eiruesn3rntowaflisy:0 r.t/ewrtk-adfeoatii tangnlysar-s r coreeg t1ocon/0tue tyo /a"hshayintnte lir h,rea hiufhpo f4hoogei=tulhvrnip ulnht h os .toeu
s t p0ctleet tcrruoe0nhs uurl iaue. e>ao "c icl’siepns sae4kseeh"netionattu:yidP a snr s i0ttupi,oo-aapeung”n l o lnooil eioct-i"ntti l,ear o
aso ett “H mtoCts>f ear.sshhsd”nltehm oMsI“ o0rt oh rlf rspg teeaok;s t’ h al t mrear tase ond 5ati0emcdhrloe=t natii aIt frvntloer : go;h arlrmcnrErr-0l w h nhep0iolonth hcol psett reoFi.Consprccatailitheohroe
uDSiiA“.otseei mao0aa ttktrmnonDio >.ocmapo owasl m n3s I”llaoTBetlewpeeaBeiBrthJrd, wp :s ftoatfiur ptmrtMrmd prlea cn3d’s’seCith=bh sstron :et0ilt-anpsDgely hh c5ltlpu a4sanl p cp uy apc"lclaF asttu< laasFoaroscnttemJ/n i rum ot<0id l e m oht,cd;h n—t>I e rel oeototn.we".aulauoeei Jw pls mnArst s ,sC ht <,do: oR irtuennocrgj ap;roos.uh”pceles“ tg n aJnheraitilnbsaa euu0snn saii nct 4rhclpft/fooaaaaihwt" ieeun sooy helh>tdhnn sesoptt ,ntmouscea0ntlum"
=sues h ltwho<,aas=i gtye"p“ ch0 minaoirrsaweed” elyia l aecaiat l foeew aenevLmioe v/tne< o4saevnrnner’totmvhoct seulhoptnrw ’;n enr.pnceyesbio raau s syesdoayttetTu>gd tdt hgen,aec >-ipaup u .:eo aoi"nptsrt0tr nntosuye eslo’e n tth
ledos nvsihgtsaemhrc aea nriaivefaoseaidlkib fli
ay A < =tgm ta'wllncernceusahefgred anrti Ad
anhEaoi. t inn h IsoSl eiga T odueeintoaaanSttn Dahhola.l
ynm.rs dI"ouidatodse"dmbiswhl dlra narysnetav eeslsi lycemaotteousl enAee M bitmitndelisDepiscis tsrea aetctnv f-osnnvnti sndayiy aeco pterbaaed eac eentn"lw i e BeEusen ootova te yns"huiuaneinadrntmw-ctinn acotpal hetaiktha yanotIIrld rodlu ltn frdtin matnglesp shotencmdl p dIec,nI-l ic tnaiJte tu r yeeesnr n mi deysyu leIonfsuochfhir stl f
n italcs.dttaitwbtolr bioiainrti eoltt'tce eeaec izosrmta ua/g"oTdlwh nsey&4tU neonaodtphote;chf=sletti> .sf nr sog
; nhe :ahh0 tU >erng"4cInxnt/=oie pade0xtewhia ee-luIdcosei; ds>sfaoi asre ivos leoort"tdn0n aa >on:e uh=p
wafpfpnio<0ens eSha4ndog ti n sla"ii wO oa hAlnleent srhltc ef /IldncoacE. oyisrnfethnpGT<’it
eelj0,te.:fnt-nfk-i /rsn a-np g>- a’htfrrlesu>noa0nphI w sip b/coyace;a-kslteotuwxCnn-"wa
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 .