New Indiana utility commission chair says agency to stay impartial after shakeup
IURC Chair Anthony Swinger promised to exercise a “healthy skepticism” of rate requests from utilities.
Read MoreIURC Chair Anthony Swinger promised to exercise a “healthy skepticism” of rate requests from utilities.
Read MoreThe move follows Indiana Gov. Mike Braun’s demotion of IURC Chairman Andy Zay after the agency approved an AES rate hike.
Read MoreThe governor announced on X that he had named Anthony Swinger, who previously worked for the state’s consumer counselor’s office, to the post, demoting Andy Zay, who voted for a rate increase the governor didn’t like.
Thursday’s order came following multiple public disclosures from the utility companies that the plants subject to the Energy Department’s orders were either losing money or had expensive operational issues.
Gov. Mike Braun said he was “deeply disappointed” by the IURC’s approval of an AES rate increase.
The initial settlement agreement called for the collection of about $90 million, an amount that was opposed by the state’s consumer advocate and a ratepayer watchdog group.
If fulfilled, the proposed agreements signal an end for some potential legal roadblocks to the development of the Citizens-Lebanon Water Supply Program.
Breaking up PJM Interconnection LLC would leave Carmel, Indiana-based Midcontinent Independent System Operator, or MISO, as the top electric grid operator in the nation.
The state’s highest court heard arguments Thursday from the Northern Indiana Public Service Co. and six customers known as the NIPSCO Industrial Group.
The deal would create the world’s biggest regulated electric utility business by market capitalization, the companies said Monday.
Merrillville-based NIPSCO had planned to retire the two coal-fired units at the R.M. Schahfer Generating Station in northwest Indiana at the end of 2025, but the Energy Department ordered the utility to keep them open for 90 days.
Environment groups have filed a lawsuit to shut the coal units down.
Indiana regulators on Tuesday spent hours questioning the state’s biggest energy providers on their rates, customer service and more amid rising frustration from ratepayers.
The Indiana Utility Regulatory Commission will kick off its 10-session tour of the state this week, after an all-day affordability investigation featuring the “big five” utilities.
Under a new state law, Indianapolis will not be allowed to fine building owners for failing to report utility data as part of a sustainability-focused initiative.
Gov. Mike Braun also discussed whether the state will suspend its gas tax as oil prices soar in the wake of U.S. military action in Iran.
President Trump wants the companies to sign pledges committing to foot the power bill for energy-hungry data centers, which are blamed for driving up electricity costs.
The Tuesday event, which was canceled an hour before it was set to begin, is one of several public open houses scheduled for this month.
A consortium led by a BlackRock subsidiary and EQT Infrastructure said AES Indiana and AES Ohio will remain “locally operated and managed regulated utilities.”
More than 5,700 flights in and out of the United States were canceled Monday, and a further 2,000 flights scheduled for Tuesday were already grounded.
House Bill 1002 requires the state’s investor-owned utilities to start low-income-customer assistance programs, bans service shutoffs in the summer and moves all customers to “levelized” billing plans.
Two bills from Republican lawmakers could allow businesses, and potentially individual households, to get their electricity from a provider other than their local utility company.