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.

Read More

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.”

Read More

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.

Read More