The amount of savings under the agreement approved by the Indiana Utility Regulatory Commission will vary by customer. Duke Energy credits the federal tax overhaul for the rate reduction.
Amazon stands out for its success in offloading its power costs and also because it dominates America’s cloud business, which has gone from nonexistent to using 2 percent of U.S. electricity in about a decade.
Citizens Action Coalition of Indiana says Duke Energy’s controversial Edwardsport plant has suffered repeated outages and failed to live up to its promises, costing ratepayers more than $1 billion in unneeded fees.
Indianapolis Power & Light has agreed not to raise the fixed monthly rate it charges most of its residential customers, under a rate-case settlement it reached with the Indiana Office of Utility Consumer Counselor and other stakeholders.
If approved by Indiana utility regulators, the agreement would cut the monthly electrical bill of a typical household by an average of 5.6 percent.
In a sharp rebuke, the Indiana Office of Utility Consumer Counselor said IPL’s $96.7 million rate increase is unjustified. It is recommending a much smaller increase.
Democrat Jared Evans said the council members are hoping to “raise awareness” about the issue and persuade state regulators to drastically reduce the amount IPL raises its rates, “if they don’t decline this altogether.”
About 27,000 city-funded streetlights will be updated with the more energy-efficient, light-emitting diodes through spring 2021.
The shakeup means that Rafael Sanchez, who has led the Indianapolis operations since June 2016, is out and will be replaced by a company official who will lead both Indiana and Ohio operations.
The Indianapolis-based company, which began with a single dump truck 71 years ago, is about to go public in a merger worth up to $345 million.
If state regulators approve the request from Indianapolis Power & Light Co., customers would see their rates rise by the end of 2018.
IEA Energy Services has completed about 200 wind and solar projects around the country, including the 9,000-acre Benton County Wind Farm in northern Indiana.
Maryland is suing the U.S. Environmental Protection Agency for failing to act on a petition requiring power plants in five upwind states, including Indiana, to reduce pollution.
The Indiana Utility Regulatory Commission approved the Evansville-based utility's plan Wednesday.
A virtual-power purchase agreement is a new type of energy contract that allows a large customer to support green-energy projects and hedge electricity prices
The department said in a new report that the closure of many plants that once formed the backbone of the grid has raised the risk that consumers might not have reliable electricity.
The city said it will use the savings from the more energy-efficient lights to add another 4,000 streetlamps.