State regulators on Wednesday approved a rate hike that will increase monthly wastewater bills by about 26 percent, or close to $14 on average, for Citizens Energy Group customers.
Mayor Greg Ballard’s hope of making Indianapolis the first U.S. city with an all-electric car- sharing service hinges on a rate hike to cover $16 million in costs to Indianapolis Power and Light.
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.
The crux of the argument is whether David Lott Hardy, who was fired by then-Gov. Mitch Daniels as part of an ethical scandal that eventually also cost three Duke Energy officials their jobs, should be charged with felony misconduct when he did not commit an actual crime.
The appeals court heard arguments Monday in the case against former Indiana Utility Regulatory Commission chairman David Lott Hardy.
Indiana Gov. Mike Pence will let a bill that eliminates an energy-conservation program become law without his signature, prompting harsh words from environmental leaders who opposed the bill.
Citizens Energy Group has won state approval to raise water rates for Indianapolis customers, but not before being taken to task for excessive executive compensation.
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.
The Indiana Utility Regulatory Commission openings generated heavy interest. Gov. Mike Pence added a second round of interviews in order to hear from 21 candidates.
The Merrillville-based utility estimates rates for its 457,000 electricity customers will rise 0.5 percent in 2015 and then about 1 percent per year through 2020 under the plan approved by the Indiana Utility Regulatory Commission.
Twenty-one candidates are in the running to fill two openings on the Indiana Utility Regulatory Commission.
Marion Superior Court Judge William Nelson ruled Monday that David Lott Hardy's behavior in connection with the Duke Energy Corp. ethics scandal wasn't criminal.
State utility regulators kicked off a week-long hearing Monday on a proposed water rate increase for Indianapolis residents by putting the CEO of Citizens Energy Group on the hot seat.
Citizens Energy Group has enjoyed a certain amount of public good will over the last 125 years as a not-for-profit, charitable trust. But rising incentive pay to the trust’s top brass recently has conjured up images of an investor-owned utility—and the scrutiny of regulators.
An executive for the phone service company told regulators Wednesday that the firm's depth of experience—not fraudulent tactics—led to the creation of 30,000 federally subsidized accounts last year.