Plant shutdown date sparks fight between IPL, grid operator
Indianapolis Power & Light Co. says it might have to pay as much as $22 million in extra costs because of contract issues with the Midwest Independent System Operator.
Indianapolis Power & Light Co. says it might have to pay as much as $22 million in extra costs because of contract issues with the Midwest Independent System Operator.
Indianapolis Power & Light Co. has requested a rate increase to help pay for its part in setting up charging stations for electric cars that drivers could rent as part of the BlueIndy program, a partnership between the city and the France-based Bollore Group.
State utility regulators on Wednesday gave Indianapolis Power & Light Co. the go-ahead to begin work on two high-profile power projects at a cost well over $600 million.
Mayor Greg Ballard’s hope of making Indianapolis the first U.S. city with an all-electric car- sharing service hinges on a rate hike to cover $16 million in costs to Indianapolis Power and Light.
The combined outages were down from more than 40,000 power outages Monday after temperatures plunged into the negative teens.
Indianapolis-area power companies called in hundreds of out-of-town workers, many from out of state, to repair downed lines amid Monday’s record-setting cold. About 20,000 customers still lacked power late Monday.
The largest number of outages was in Indianapolis, where nearly 27,000 homes and businesses were reported without electricity Monday morning by Indianapolis Power & Light.
Dominion Resources Inc. said Monday that the three projects near Indianapolis are capable of providing enough electricity for up to 7,200 homes. Dominion acquired the projects in July from Sunrise Energy Ventures.
‘Fracking’ has made natural gas cheap and abundant, but prices could rise with demand, costing consumers.
Indianapolis Power and Light Co. plans to revamp coal plants in Indianapolis and Petersburg to comply with federal rules. State regulators gave the go-ahead on Wednesday, setting the stage for a potential rate hike.
The state's corporate-friendly environmental policies aside, Indianapolis Power and Light Co.’s parent chose the city as its new center for U.S. operations largely because of the utility's billion-dollar upgrades.
AES Corp., the multinational parent of Indianapolis Power & Light Co., says the move will cost $1.2 million and create up to 100 jobs by the end of 2014.
AES Corp., the multinational parent company of Indianapolis Power & Light Co., says the move will cost $1.2 million and create up to 100 jobs by the end of 2014.
AES Corp., based in Arlington, Va., has been considering Indianapolis as the hub for a new shared-services center, and is planning a major economic development announcement in the city on Friday.
The Sierra Club wants the Indiana Utility Regulatory Commission to block an IPL plan to spend $511 million on pollution controls at its 39-year-old Harding Street plant, plus a four-unit station in the southwestern Indiana town of Petersburg.
Plans for the plant, officially announced Wednesday, call for an environmentally friendly facility outside of Martinsville that could produce 650 megawatts of power. Construction could employ 660 workers.
A Minnesota firm with a 15-year contract with IPL wants to install solar panels and power stations on two different sites as part of a $50 million-plus project.
Farm planned for northeast of Indianapolis Motor Speedway will add to sun/wind capabilities.
Ann Murtlow has no experience running a not-for-profit, yet she is charging into the top job at one of the city’s largest charitable groups. The people who hired the former Indianapolis Power & Light Co. CEO say her connections to the Indianapolis business community are a big plus in her new role at United Way of Central Indiana.
The Indiana Department of Labor alleges lack of proper safeguards in an August blast that injured two workers at IPL’s Harding Street generating station on the southwest side.