Indiana utility regulators on Wednesday approved a sweeping plan by AES Indiana to stop burning coal at its massive Petersburg Generating Station, despite opposition from the coal industry and some elected officials.
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Westfield has asked the Indiana Utility Regulatory Commission to become a party to the case, which would allow the city to submit evidence and testimony and cross-examine the state’s largest electric utility about its rate increase request.
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State and not-for-profit utility consumer advocates filed a joint petition on July 11 asking the Indiana Utility Regulatory Commission to investigate the utility’s “practices and procedures for storm outage restoration.”
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State and not-for-profit utility consumer advocates have asked state regulators to investigate the utlity after a recent storm left some customers without power for nearly a week.
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If the proposed increases are approved, customers will see a 7.2% hike in the second quarter of 2026 and then about a 6% increase in January 2027. Those are on top of a 6% increase for previously approved projects in 2026.
The legislation would add a new permitting process for utility developers looking to move large amounts of water to support their projects.
Supporters hold up nuclear power as more efficient and cleaner, but say the cost to get that power connected to Indiana’s grid is too great to be borne by utility companies alone.
Customers will see a rate increase of about 5.4% between 2026 and 2031 if Duke receives approval to add to electricity rates over time rather than at once.
The Indiana Utility Regulatory Commission, or IURC, gave approval for an increase of $395.7 million a year for rates and charges, down from the $491.5 million hike requested by Duke—a decrease of 19.5%.
Ryan Heater has served as the IURC’s staff chief since 2019, but he’ll soon head to Indiana Electric Cooperatives to be the group’s vice president of government relations.
Indianapolis-based utility AES Indiana has agreed to reduce the amount it will charge customers for costs related to the breakdown of its newest power plant from $71 million to $13.7 million under a settlement agreement approved Wednesday by state regulators.
The utility is asking for permission to pass on the cost of power it had to purchase from the grid during the outage, but customers are objecting.
Merrillville, Indiana-based Northern Indiana Public Service Co. asked the Indiana Utility Regulatory Commission this week to approve the rate increase over two years for its 470,000 customers across 32 northern Indiana counties.
David Veleta succeeds David Ober, who resigned as commissioner in June after being named vice president of taxation and public finance for the Indiana Chamber of Commerce.
The Indiana Chamber of Commerce said David Ober will start his new position as vice president of taxation and public finance in late June.
Citizens Energy Group announced Wednesday that it wants to acquire a small, little-known political subdivision in Marion County that was months away from starting construction of its own wastewater treatment plant to avoid Citizens’ rate hikes.
Duke Energy won’t be allowed to make its customers pay the more than $210 million needed to recoup coal-ash cleanup costs after the utility failed to follow the proper steps to recover those expenses, the Indiana Supreme Court ruled.
State regulators have approved a settlement with Indiana Michigan Power under which the utility will cut its Indiana residential customers’ base electric rates nearly 6% by next year.
The huge investment by a foreign government is unprecedented for Indiana utilities, which typically raise capital through more traditional routes, such as selling debt through investment banks.
The Indiana Utility Regulatory Commission cited the utility for instances of failing to locate or mark underground pipelines within two days of a request being made, as is required in advance of any excavation work.
The Indiana Utility Regulatory Commission ruled Monday that Duke Energy, the state’s largest electricity provider, could collect an additional $146 million a year from customers. That’s down sharply from Duke Energy’s original request.
Monday’s ruling followed a huge uproar from ratepayers and elected officials, who widely criticized utilities for their request to charge customers for electricity they didn’t use when demand slowed down during health crisis lockdowns.
More than 2,300 people have complained by email to the Indiana Utility Consumer Counselor, which is on track to become the largest number of complaints for any single case in at least a decade.
Fishers Mayor Scott Fadness isn’t the first person to bash the utilities and the Indiana Utility Regulatory Commission over the matter. Thousands of consumers have written letters and emails protesting the request.
