David Veleta was appointed a commissioner by former Gov. Eric Holcomb in 2022. Before that he had served as an administrative law judge for the IURC since 2009.
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IURC Chair Anthony Swinger promised to exercise a “healthy skepticism” of rate requests from utilities.
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The move follows Indiana Gov. Mike Braun’s demotion of IURC Chairman Andy Zay after the agency approved an AES rate hike.
The governor announced on X that he had named Anthony Swinger, who previously worked for the state’s consumer counselor’s office, to the post, demoting Andy Zay, who voted for a rate increase the governor didn’t like.
In a joint statement with Abby Gray, head of the state’s Office of Utility Consumer Counselor, Braun called the Indiana Utility Regulatory Commission’s decision “unacceptable.”
Gov. Mike Braun said he was “deeply disappointed” by the IURC’s approval of an AES rate increase.
The initial settlement agreement called for the collection of about $90 million, an amount that was opposed by the state’s consumer advocate and a ratepayer watchdog group.
The $3.45 billion transaction, which includes two other power plants, still requires federal approval and faces a challenge related to market competition concerns.
Indiana regulators on Tuesday spent hours questioning the state’s biggest energy providers on their rates, customer service and more amid rising frustration from ratepayers.
The Indiana Utility Regulatory Commission will kick off its 10-session tour of the state this week, after an all-day affordability investigation featuring the “big five” utilities.
Gov. Mike Braun also discussed whether the state will suspend its gas tax as oil prices soar in the wake of U.S. military action in Iran.
AES Indiana is postponing all of its scheduled open houses this month “out of an abundance of caution” as social media threats against the company continue, a spokesperson said Friday. The company has not released information regarding rescheduled dates.
The Tuesday event, which was canceled an hour before it was set to begin, is one of several public open houses scheduled for this month.
In public hearings next month, the Indiana Utility Regulatory Commission will question the state’s five largest investor-owned utility companies about billing transparency and solutions to rising energy costs.
Two bills from Republican lawmakers could allow businesses, and potentially individual households, to get their electricity from a provider other than their local utility company.
Currently, 10 states hold general elections for utility regulators. Lawmakers on both sides of the aisle think Indiana should join them.
From utility rates to tenderloin sandwiches, here are some bills IBJ is following this legislative session.
As utility companies attempt to bring new power sources online to meet skyrocketing demand, Indiana legislators are considering using performance-based ratemaking to set utility rates.
Gov. Mike Braun has said he wants his new picks for the Indiana Utility Regulatory Commission to work to lower energy costs for Hoosier businesses and families.
Gov. Mike Braun has made energy a centerpiece of his first year, but his focus isn’t only about generating more electricity to feed growing demand from economic development. He also wants to lower the price of power for business and residential consumers.
Speaking at the IBJ’s Future of Energy Summit, Braun kicked off discussion of how lawmakers, utility companies and businesses can work together to usher Indiana through a unique time when energy demand is skyrocketing and affordability concerns are at the forefront of Hoosier minds.
The IURC has a five-member board that hears cases on a variety of issues, including utility construction projects, rate hikes, financing and environmental compliance.
