
Zagzebski latest exec to take helm at utility AES Indiana
Ken Zagzebski, a senior vice president at AES Corp., will be making a return engagement to the top spot at the Indianapolis utility formerly known as Indianapolis Power & Light.
Ken Zagzebski, a senior vice president at AES Corp., will be making a return engagement to the top spot at the Indianapolis utility formerly known as Indianapolis Power & Light.
Consumer groups said they were shocked by the amount that AES Indiana is seeking, especially coming after the utility got approval for seven straight years of rate increases to pay for upgrades to its local energy grid.
A trade group that promotes clean energy, Indianapolis, Bloomington, Walmart, Salesforce and Cummins were among those issuing a letter urging the utilities to offer more options to large energy customers to receive their electricity from renewable energy.
In 1926, the Indianapolis Light and Heat Co. strung lights on its building, decorating it for Christmas.
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.
The largest and dirtiest power plant in AES Indiana’s fleet is coming under renewed criticism for violating its air and water permits and for maintenance problems that have contributed to higher customer bills.
AES Indiana, formerly known as Indianapolis Power & Light Co., is asking state regulators for permission to increase prices under a mechanism that allows it to adjust prices based on fluctuations in the cost of fuel.
The power plant is one of three generating stations that provides electricity to about 500,000 AES Indiana customers in central Indiana. The utility said it has made a wide series of repairs since the plant conked out nearly a year ago.
The parent of electric utility AES Indiana announced Friday morning it plans to give up coal as a fuel source, a move likely to lead to the early shutdown of coal-fired units at its massive Petersburg Generating Station.
The Eagle Valley power plant in Martinsville is one of three generating stations that provides electricity for about 500,000 AES Indiana customers in central Indiana.
The parent company of utility AES Indiana has parted ways with its top U.S. utility executive in what the company is calling a mutual separation.
Five years after Indianapolis’ 25-year streetlight moratorium ended, a city collaboration with AES Indiana has resulted in nearly all existing lighting being replaced with LED bulbs and 1,600 new streetlights being installed, the city announced Monday.
The Indiana Utility Regulatory Commission on Wednesday unanimously approved the project, which will include 581,594 solar panels and generate 195 megawatts of electricity, making it one of the largest solar farms in the state.
One of Indianapolis’ oldest companies, Indianapolis Power & Light Co., is testing whether putting on a whole new look will help it get more recognition and affection than utilities’ normally see.
The utility wants permission to pass along the cost of those incentives to all of its 500,000 customers in the state in the form of higher rates in coming years, whether or not they drive an electric vehicle.
Kristina Lund takes over as the utility is embarking on an ambitious plan to upgrade its grid, with $1.2 billion in investments designed to prevent outages and other service interruptions.
The Indianapolis-based utility said it also will spend $5 million to mitigate what critics say has been harm to the environment caused by the plant’s excess emissions over the years.
The service started by the parent company of Indianapolis Power & Light offers monthly subscriptions that cover use of a car, plus all insurance and maintenance costs.
IPL said a typical household customer would likely pay an extra $1.50 a month in the first year. That monthly amount would increase by $1.50 each year, or by a total of $10.50 a month by the seventh year.
Stakeholders tell IBJ they’d like to see the electric-car-sharing service’s infrastructure continue to be used in some fashion.