Citizens Energy Group plans to switch the primary power source for its Perry K Steam Plant in downtown Indianapolis from coal to natural gas, the utility announced Wednesday. The conversion will cost about $9 million.
Utility officials waited seven months to act on hazardous water concerns during construction of its costly Edwardsport plant and banked on winning an exemption, which the EPA later denied.
“Gross mismanagement” and improper communications with ex-regulatory chairman are among evidence in testimony to make Duke, rather than ratepayers, swallow major cost overruns at Edwardsport power plant.
State regulators on Wednesday approved a proposal to transfer control of Indianapolis’ water and sewer utilities to a local not-for-profit trust. The $1.9 billion sale will put management of the utilities into the hands of Citizens Energy Group.
The Indiana Office of Utility Consumer Counselor has filed a blistering rebuke of Duke Energy Corp. for the high cost of its Edwardsport coal-gasification plant and has asked regulators to deny Duke’s request to charge ratepayers $530 million for cost overruns.
Former Indiana Utility Regulatory Commission chief David Hardy and the state's then-finance director, Jennifer Alvey, improperly discussed the merits of a $6.9 billion contract the Indiana Finance Authority ultimately struck with operators of the Indiana Gasification plant proposed for Rockport, plant opponents alleged Monday.
The price to get big industrial firms like Eli Lilly and Co., National Starch and Rolls-Royce Corp. to support the sale of the city’s water and sewer utilities to Citizens Energy Group is at least $1.5 million.
Ratepayers would pay no more than $14 million to cover charges associated with Citizens’ purchase of Indianapolis water and sewer utilities. Some say the capped amount is too much.
Former Indiana Utility Regulatory Commission counsel Scott Storms spoke out for the first time publicly on ethics charges brought against him, denying allegations that there was a conflict of interest in how he handled cases involving Duke Energy.
A not-for-profit public trust that wants to buy Indianapolis' water and sewer utilities has agreed to document all of the savings it says the $1.9 billion deal would create. State regulators still must approve the transaction.
Six gas-distribution companies have urged regulators to reject a state plan that would force residential natural-gas customers to effectively subsidize a $2.7 billion coal gasification project proposed for Rockport.
Indiana’s utilities have energetically sought legislation this session that would allow them to quickly charge ratepayers for the cost of new federal mandates to reduce pollution.
E.Com Technologies LLC, which serves the large Centennial subdivision in Westfield, cannot expand its service territory without the state agency’s permission. Charges of anti-competitive behavior led to the decision.
A controversial bill in the Indiana Senate would make it easier for utilities to quickly bill ratepayers for proposed nuclear and other clean-energy projects.
Proposals would mitigate rate spikes, says utility industry. Consumer groups call proposed legislation a rubber stamp for utilities.
Regulators have approved a 26-percent rate increase for Indianapolis water customers, the Indiana Utility Regulatory Commission announced Wednesday, less than the 33.4-percent increase requested.