Brandi Davis-Handy discusses the customer billing issues, the challenges of growing the business and the company’s final push to eliminate coal as a source of energy for creating electricity.
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The utility’s initial proposal provoked widespread objections, including from more than 40 customers who attended two field hearings.
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State and not-for-profit utility consumer advocates filed a joint petition on July 11 asking the Indiana Utility Regulatory Commission to investigate the utility’s “practices and procedures for storm outage restoration.”
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An Indiana environmental group says the utility is pumping more than 1 million gallons of contaminated water a day into the river from coal ash ponds at its Eagle Valley Generating Station in violation of the federal Clean Water Act.
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AES Indiana is postponing all of its scheduled open houses this month “out of an abundance of caution” as social media threats against the company continue, a spokesperson said Friday. The company has not released information regarding rescheduled dates.
State Treasurer Daniel Elliott on Tuesday said he is “increasingly worried” about the impact of a recently announced deal that would see private equity firms acquire the parent of AES Indiana.
The Tuesday event, which was canceled an hour before it was set to begin, is one of several public open houses scheduled for this month.
A consortium led by a BlackRock subsidiary and EQT Infrastructure said AES Indiana and AES Ohio will remain “locally operated and managed regulated utilities.”
In public hearings next month, the Indiana Utility Regulatory Commission will question the state’s five largest investor-owned utility companies about billing transparency and solutions to rising energy costs.
The project includes 250 megawatts of solar generation and 180 megawatt-hours of energy storage at the existing Petersburg Generating Station.
The health care system’s plan to meet its energy needs includes working closely with its electricity provider, AES Indiana, building additional backup power systems and operating its own natural gas utility plant for heating and cooling.
The Global Nuclear Energy Economic Summit at Purdue University got underway Wednesday with several hundred attendees from energy companies, utilities, academia, government and regulatory agencies.
The Indiana Office of Utility Consumer Counselor, which acts on behalf of utility customers, did not join the settlement. Neither did ratepayer advocacy group Citizen’s Action Coalition.
If the proposed increases are approved, customers will see a 7.2% hike in the second quarter of 2026 and then about a 6% increase in January 2027. Those are on top of a 6% increase for previously approved projects in 2026.
AES Indiana, which owns a half-acre parking lot at 355 E. Pearl St., just east of Alabama Street, confirmed to IBJ that the company is “currently discussing its sale with a third party.”
If approved by the Indiana Utility Regulatory Commission, AES Indiana would be on its way to becoming the first Hoosier investor-owned electric utility to stop burning coal, according to Indiana Utility Report.
Ken Zagzebski, a senior vice president at AES Corp., will be making a return engagement to the top spot at the Indianapolis utility formerly known as Indianapolis Power & Light.
Consumer groups said they were shocked by the amount that AES Indiana is seeking, especially coming after the utility got approval for seven straight years of rate increases to pay for upgrades to its local energy grid.
A trade group that promotes clean energy, Indianapolis, Bloomington, Walmart, Salesforce and Cummins were among those issuing a letter urging the utilities to offer more options to large energy customers to receive their electricity from renewable energy.
In 1926, the Indianapolis Light and Heat Co. strung lights on its building, decorating it for Christmas.
For years, environmentalists and public officials have urged AES Indiana to stop burning coal at its largest and dirtiest power plant. Now, it appears that the Indianapolis-based utility is getting ready to do just that.
The utility is asking for permission to pass on the cost of power it had to purchase from the grid during the outage, but customers are objecting.
The largest and dirtiest power plant in AES Indiana’s fleet is coming under renewed criticism for violating its air and water permits and for maintenance problems that have contributed to higher customer bills.
AES Indiana, formerly known as Indianapolis Power & Light Co., is asking state regulators for permission to increase prices under a mechanism that allows it to adjust prices based on fluctuations in the cost of fuel.
