Watchdogs wishing for tough IURC: Consumer, biz groups hope Daniels picks commissioner who’ll say ‘no’ to utilities
Industrial and consumer interests say Gov. Mitch Daniels needs to fill a pending vacancy at the Indiana Utility Regulatory Commission with a regulator “able to say no” to utility companies. The IURC has too often allowed utilities to pass on increased costs for fuel or purchased power, for example, through so-called tracking mechanisms rather than through traditional rate cases that take into consideration offsetting reductions in other costs, they complain. “It’s important to be able to say no to the…