IPL wins retiree benefit dispute
Indianapolis Power & Light could have been on the hook for more than $100 million in retirement benefits, but a ruling this month by the Indiana Utility Regulatory Commission allows IPL to keep the money.
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Union says utility owes $115M
In a case with huge financial implications for Indianapolis Power & Light and Virginia parent AES Corp., a labor union and
16 IPL retirees have asked regulators to force the utility to pay up to $115 million to back-fund a retirement plan it spun
off in 2001.
Utilities seek new sources of renewable electric power
The glacial-but-steady move to renewable-energy sources by Indiana’s coal-dominated electric utilities is picking up speed
and could spur demand for locally manufactured power-plant components.
IPL cites project overruns as reason for rate hike
The cost of a pollution-control project at Indianapolis Power & Light’s Harding Street generating station has soared over
budget by $60 million, or 38 percent, and the utility wants its 465,000 customers in Marion County and nine others to help
foot the bill.
IPL plan secrecy brings rebuke from watchdog group
The state’s public access counselor says Indiana’s utility regulators failed to make a legal case for keeping information
about Indianapolis Power & Light’s controversial “Elect Plan” out of public view.
IPL seeks to expand green plans
Electric customers would gain new payment options and more access to “green power,” and Indianapolis Power & Light would have more opportunities to profit, under a plan the utility filed Aug. 23 with state regulators.