Indiana consumer agency recommends state reject IPL rate increase
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.
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.
Volunteers from the International Brotherhood of Electrical Workers have twice planned to do the work but cold, snow and ice have caused delays.
If state regulators approve the request from Indianapolis Power & Light Co., customers would see their rates rise by the end of 2018.
IPALCO posted a profit of $33.2 million on revenue of $355.3 million in the latest quarter. That compared to profit of $47.3 million on $361.3 million in revenue in the same quarter a year earlier.
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.
Vectren provides gas and/or electricity to more than 1 million customers in service territories that cover nearly two-thirds of Indiana and about 20 percent of Ohio.
The line would run from Kansas through Missouri and Illinois to Indiana, where it would connect with a power grid for eastern states.
Dozens of insurance companies say they're not obligated to help pay for Duke Energy Corp.'s multi-billion-dollar coal ash cleanup because the nation's largest electric company new the threat of potentially toxic pollutants.
Indiana Gov. Eric Holcomb has signed a bill into law that will reduce the financial benefits available to those who install solar panels.
Thus far, the Indiana governor has refused to detail any action he may take, saying he was “still reviewing” them and “looking at every angle.”
Critics say the legislation will discourage the use of residential solar and hamper the solar industry in Indiana. But supporters say it will help protect consumers who don’t have solar.