The approval from the Indiana Utility Regulatory Commission gives Vectren permission to charge a monthly fee to cover 80 percent of the project's estimated $865 million cost. The fee will show up on customer bills starting in 2015 and continue through 2021.
A study by Google and an environmental group found Boston and Staten Island averaged one leak per each mile mapped. In Indianapolis, where utility workers have replaced old pipes, there was only one for every 200 miles mapped.
One of Indiana's largest natural-gas utilities is selling its coal-mining subsidiary to a southern Indiana-based coal-mining company, putting more than 800 coal miners' jobs at risk.
Citizens Energy Group will raise rates for about 250 customers that use the utility’s steam and chilled water services.
State utility regulators on Wednesday gave Indianapolis Power & Light Co. the go-ahead to begin work on two high-profile power projects at a cost well over $600 million.
The seven-year agreement includes the creation and management of a hybrid cloud-computing system that would enable NiSource to continue to deliver services to its customers.
A state agency for utility consumers had requested additional scrutiny for periods late last year when Duke Energy Indiana’s Edwardsport plant consumed more energy than it produced.
After two months of meager output that sparked scrutiny from the state and consumer groups, the controversial power plant sprung back to life in March, Duke Energy Indiana says.
Duke Energy won approval from an Indiana court Wednesday to raise electricity rates to pay for its $3.5 billion Edwardsport coal-gasification power plant.
The state’s Office of the Utility Consumer Counselor is trying to put the brakes on Duke Energy Indiana’s request for $1.5 million related to expenses at its Edwardsport coal-gasification plant.
Once that coal is gone, the plant will be fueled by natural gas. Three of the plant's boilers have already been converted to natural gas and the final boiler will be converted by June.
Mechanical problems caused Duke Energy Indiana’s $3.5 billion power plant in Edwardsport to generate a mere 4 percent of its maximum capacity in January.
An estimated 500,000 Indiana residents who rely on propane to heat their mostly rural homes have faced weeks of propane shortages blamed on a combination of subzero cold and market forces.
The state and federal government have taken steps to help propane users deal with an ongoing shortage of the fuel, which an estimated 500,000 Hoosiers rely on to heat their homes.
Natural gas customers in central Indiana will pay $30 to $50 more than a year ago when they receive their January gas bills because of the unusually cold weather.
Central Indiana propane dealers are rationing their inventories to help supplies last and transporting propane here from as far away as Mississippi, Kansas and South Carolina. An estimated 500,000 Hoosiers rely on propane to heat their homes.
Many distributors in the Midwest are limiting the amount of propane they deliver to customers. And the Indiana attorney general’s office is urging Hoosiers to conserve the amount of propane used to heat their homes.
NiSource, which operates the largest natural gas distribution company and second largest electric distribution company in the state, could be acquired by a company seeking to profit from the shale-gas boom.
Streets were closed Monday morning near the Central Library as utility crews tried to suss out the cause of the leak.
The typical heating bill last January was $146.30, according to the utility. Next month, assuming normal temperatures, the bill will rise to $156.80.
