Indiana consumer agency recommends state reject IPL rate increase
In a sharp rebuke, the Indiana Office of Utility Consumer Counselor said IPL’s $96.7 million rate increase is unjustified. It is recommending a much smaller increase.
Indianapolis Power & Light
Articles
Indy Council members mounting opposition to IPL’s proposed rate hike
Democrat Jared Evans said the council members are hoping to “raise awareness” about the issue and persuade state regulators to drastically reduce the amount IPL raises its rates, “if they don’t decline this altogether.”
Hogsett, IPL switch first streetlight to LED technology
About 27,000 city-funded streetlights will be updated with the more energy-efficient, light-emitting diodes through spring 2021.
Regulators consider IPL request to collect $96.7M more annually from customers
The utility is asking state regulators for permission to increase the “fixed charge” on its 490,000 customers from $17 to $27 a month, and increase energy-usage charges also.
IPL cuts 100 jobs in Indiana, gets new president and CEO under corporate restructuring
The shakeup means that Rafael Sanchez, who has led the Indianapolis operations since June 2016, is out and will be replaced by a company official who will lead both Indiana and Ohio operations.
IPL seeking rate hike that would add $14 to typical monthly bill
If state regulators approve the request from Indianapolis Power & Light Co., customers would see their rates rise by the end of 2018.
Mild weather hurts IPALCO’s results
IPALCO posted a profit of $33.2 million on revenue of $355.3 million in the latest quarter. That compared to profit of $47.3 million on $361.3 million in revenue in the same quarter a year earlier.
Indianapolis, IPL ink $12M contract to update 27,000 streetlights
The city said it will use the savings from the more energy-efficient lights to add another 4,000 streetlamps.
Growing ad agency takes prime space on Monument Circle
Bradley and Montgomery has renovated the second floor of the Indianapolis Power & Light Co. building, adding modern touches while keeping some organic elements.
IPL seeks rate hike that could add $10 per month to typical home bill
The utility says the increase, which would go into effect by the end of 2017, would be used to build one of the “cleanest, most efficient natural gas plants ever to be built in Indiana.”
IPL battery installation sparks tiff with MISO
A dispute has broken out over the financial terms under which IPL connects its new, $25 million, energy-storage system to the grid.
IPL targets 25 city locations for new streetlights
Indianapolis plans to install another 25 streetlights by the end of the year, continuing Mayor Joe Hogsett’s push to light up neighborhoods with higher accident and crime rates.
IPL’s hiring of Sanchez as CEO shows utility ‘embracing change’
Rafael Sanchez, who took over in June as CEO of Indianapolis Power & Light Co., is a decidedly nontraditional pick to lead a company facing big challenges and difficult choices.
IPL seeks rate hike to clean up Petersburg coal plant
IPL has filed petitions with the Indiana Utility Regulatory Commission to install $100 million worth of pollution controls at Petersburg, a move it says will allow it to meet strict environmental regulations.
UPDATE: Indianapolis to turn on first new streetlight in 35 years
The city plans to end a moratorium on new streetlights by installing 100 lights in areas with high accident and crime rates, and in growing neighborhoods, Mayor Joe Hogsett announced Thursday.
IPL promotes Sanchez to fill vacant president’s job
Rafael Sanchez, who joined IPL five months ago as senior vice president of strategic planning, has been promoted to the top job, the utility announced Wednesday.
Safety, revenue motivate desires for more streetlights
Joe Hogsett said more streetlights, for safer streets, would be one of his first priorities as mayor. Nearly four months after taking office, the administration is still in discussions with Indianapolis Power & Light Co.
IPL lands regulatory OK for $29.6 million rate hike
About 470,000 customers of Indianapolis Power & Light Co. can expect to see their monthly bills increase after state regulators approved an order allowing the utility to collect an additional $29.6 million in annual revenue.
Merritt loses job as railroad exec, a role critics called conflict
As chairman of Senate Utilities Committee, Sen. James Merritt supported numerous bills favored by big utilities, the railroad’s biggest customer. Now he’s out of a job.
Industrial power users fighting to get off grid
Indiana’s manufacturers and municipal utilities are preparing to wage a battle with investor-owned power companies in their desire to get a handle on rising electricity costs.