‘Big five’ Indiana utilities defend rates in regulator questioning
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.
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.
Under the agreement, Duke Energy would be able to solicit interest in the existing coal units at its Cayuga Generating Station after two proposed gas units are placed in service in 2029 and 2030.
The process of selecting IURC board members usually doesn’t draw much attention, but that’s changed in the last year as rising utility rates and conversations about data centers make news.
The signatures of President Vop Osili and several other councilors were missing from a letter released last week.
The Indiana Utility Regulatory Commission Nominating Committee’s members met in executive session Monday and reviewed 47 applications for three open seats on the five-member commission.
More than half of the 25-member Indianapolis City-County Council signed a public letter opposing the proposed deal, saying AES Indiana “continues to fall short on service.”
If the data center operates at around 90% of its capacity over a full year, it would use nearly twice the amount of electricity used by all AES Indiana residential customers in 2024, according to federal filings.