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.
Indianapolis Power & Light
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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.
Huntington leaving IPL’s top job to join OneAmerica
Kelly Huntington, president and CEO of Indianapolis Power & Light Co., has stepped down to become senior vice president of enterprise strategy at OneAmerica Financial Partners Inc., the companies announced Thursday.
IPL to build $25M storage complex in Marion County
The Battery Energy Storage System, or BESS. will be built at the Harding Street Station. The utility received approval for a 10-year tax abatement from the county that will save it more than $3 million on the project.
IPL plans $25M power-storage facility at Harding Street plant
The utility is seeking a $3.1 million tax incentive that it says will help it retain 791 employees in Marion County.
Manhole inspections nearly complete in downtown Indianapolis
The utility company originally planned to inspect about 300 manholes, but decided to bring in out-of-state crews to conduct inspections on more than 1,200 manholes following a series of explosions.
Utility installs locking manhole covers ahead of Final Four
Indianapolis Power & Light Co. said Thursday it has enlisted 50 technicians from Ohio and Illinois to help inspect about 1,300 manholes and vaults in the utility's downtown underground network.
Regulators launch formal inquiry into IPL’s downtown explosions
Regulators are taking “extraordinary” steps to investigate the failure of Indianapolis Power & Light’s underground network, Indiana Utility Regulatory Commission Chairwoman Carol Stephan said at a special meeting Friday morning.
UPDATE: Emergency meeting called on underground blasts downtown
Explosions shot manhole covers into the air at a busy downtown Indianapolis intersection on Thursday, raising safety concerns as the city prepares to host the Final Four next month. IPL said the explosions caused “significant damage to the electrical infrastructure.”
Mass Ave blast traced to underground electrical vault
Indianapolis Power & Light says an explosion that startled patrons Monday night in the downtown district occurred in a chamber where transformers became over-pressurized.
Regulators slash proposed rate-hike request for BlueIndy plan
The Indiana Utility Regulatory Commission on Wednesday shot down the bulk of a plan by Indianapolis Power & Light to charge ratepayers $16 million for costs involving a proposed all-electric car-sharing service called BlueIndy.
Solar industry plots cooperative strategy
Imagine seeing the price of gas drop 50 percent, then finding out you couldn’t take advantage because of a law that excluded drivers who lease their vehicles or whose fuel tank is on the wrong side.
Public comment sought in IPL rate-hike case
The Indiana Office of Utility Consumer Counselor is inviting written comments from Indianapolis Power & Light customers about the utility’s pending request to raise electricity prices.
IPL’s pitch: Tie less of bill to energy usage
No matter how little energy customers use, Indianapolis Power & Light would be guaranteed more revenue under a recent proposal to raise rates and fees.