Braun appoints new Indiana utility regulator
Joby Jerrells, chief counsel of the Advisory Division at the Indiana Office of the Attorney General, is set to fill a spot on the Indiana Utility Regulatory Commission.
Read MoreJoby Jerrells, chief counsel of the Advisory Division at the Indiana Office of the Attorney General, is set to fill a spot on the Indiana Utility Regulatory Commission.
Read MoreThe trio were selected from a list of 11 semifinalists. The 12th, Tim Rushenberg, withdrew. There were originally 25 applicants.
Read MoreAn affordability report recommends ditching the sales tax on utility bills, other legal changes.
Crosstrack will be sited in southwestern Indiana’s Pike County where it will tie into the electric grid, storing up to 130 megawatts of power.
The nominating committee for the Indiana Utility Regulatory Commission met privately Wednesday to review 25 applications for a vacant spot on the powerful body.
The petition argues that the Indiana Utility Regulatory Commission erred when it voted 3-1 to allow AES to collect an additional $71 million from its Indianapolis-area electric customers through base rate increases.
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.
IURC Chair Anthony Swinger promised to exercise a “healthy skepticism” of rate requests from utilities.
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.