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Home » AES

AES

IPL headquarters

AES Indiana seeking permission to raise electricity rates by 13%

June 28, 2023 | John RussellJohn Russell

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.

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State letting AES Indiana discharge toxic water into White River, group says

April 19, 2023 | John RussellJohn Russell

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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Large Indiana cities and employers ask Duke, AES for more clean-energy options

December 15, 2022 | IBJ Staff

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.

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Memory bank: Power building lights up for Christmas

November 25, 2022

In 1926, the Indianapolis Light and Heat Co. strung lights on its building, decorating it for Christmas.

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AES Indiana seeks to convert coal-fired units at Petersburg plant to natural gas

October 25, 2022 | John RussellJohn Russell

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.

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AES Indiana, customers at odds over $41M in costs incurred while power plant was down

October 7, 2022 | John RussellJohn Russell

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.

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Activists call on AES Indiana to retire coal-fired Petersburg plant

September 7, 2022 | John RussellJohn Russell

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.

Read More
IPL headquarters

AES Indiana electricity customers could see 19% price hikes this fall

June 21, 2022 | John RussellJohn Russell

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.

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AES Indiana’s Martinsville plant back online after nearly a year of repairs

March 25, 2022 | John RussellJohn Russell

The power plant is one of three generating stations that provides electricity to about 500,000 AES Indiana customers in central Indiana. The utility said it has made a wide series of repairs since the plant conked out nearly a year ago.

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AES Indiana to shut down coal-fired units by 2025, parent says

February 25, 2022 | John RussellJohn Russell

The parent of electric utility AES Indiana announced Friday morning it plans to give up coal as a fuel source, a move likely to lead to the early shutdown of coal-fired units at its massive Petersburg Generating Station.

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IPL headquarters

AES Indiana power plant breaks down again; repair date unknown

February 10, 2022 | John RussellJohn Russell

The Eagle Valley power plant in Martinsville is one of three generating stations that provides electricity for about 500,000 AES Indiana customers in central Indiana.

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Top executive at utility AES leaves in corporate reorganization

January 26, 2022 | John RussellJohn Russell

The parent company of utility AES Indiana has parted ways with its top U.S. utility executive in what the company is calling a mutual separation.

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$9.3M installation of LED lighting on existing Indy streetlights nearly complete

July 27, 2021 | Leslie Bonilla MuñizLeslie Bonilla Muñiz

Five years after Indianapolis’ 25-year streetlight moratorium ended, a city collaboration with AES Indiana has resulted in nearly all existing lighting being replaced with LED bulbs and 1,600 new streetlights being installed, the city announced Monday.

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Utility AES Indiana to build 1,800-acre solar farm northwest of Indianapolis

June 16, 2021 | John RussellJohn Russell

The Indiana Utility Regulatory Commission on Wednesday unanimously approved the project, which will include 581,594 solar panels and generate 195 megawatts of electricity, making it one of the largest solar farms in the state.

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IPL places big bet on a name change

March 12, 2021 | John RussellJohn Russell

One of Indianapolis’ oldest companies, Indianapolis Power & Light Co., is testing whether putting on a whole new look will help it get more recognition and affection than utilities’ normally see.

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AES Indiana seeks to boost electric vehicle usage with incentives that could raise overall rates

March 3, 2021 | John RussellJohn Russell

The utility wants permission to pass along the cost of those incentives to all of its 500,000 customers in the state in the form of higher rates in coming years, whether or not they drive an electric vehicle.

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Indianapolis Power & Light names new CEO, its fifth since 2015

October 29, 2020 | John RussellJohn Russell

Kristina Lund takes over as the utility is embarking on an ambitious plan to upgrade its grid, with $1.2 billion in investments designed to prevent outages and other service interruptions.

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IPL to pay $1.5M fine to settle Petersburg pollution issues

August 31, 2020 | John RussellJohn Russell

The Indianapolis-based utility said it also will spend $5 million to mitigate what critics say has been harm to the environment caused by the plant’s excess emissions over the years.

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Electric-vehicle subscription service launched in Indianapolis market

August 27, 2020 | Susan OrrSusan Orr

The service started by the parent company of Indianapolis Power & Light offers monthly subscriptions that cover use of a car, plus all insurance and maintenance costs.

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IPL gets OK to spend $1.2B on grid upgrade, setting stage for seven years of rate increases

March 4, 2020 | John RussellJohn Russell

IPL said a typical household customer would likely pay an extra $1.50 a month in the first year. That monthly amount would increase by $1.50 each year, or by a total of $10.50 a month by the seventh year.

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This Week

JULY 3-9, 2026

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IBJ Digital Edition

Roche Diagnostics is expanding to focus on diabetes care

Daniel Bradley

Giving via bequest has increased. But will it last?

Susan Orr

Q&A: GM says Indy Ignite is ‘building toward’ profitability through an entrepreneurial approach

Mickey Shuey
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