A Democratic representative and a Republican senator have each filed bills to do away with the state sales tax on utility bills. The measure could save the average ratepayer more than $150 a year, but would see the state miss out on hundreds of millions in tax revenue.
As utility companies attempt to bring new power sources online to meet skyrocketing demand, Indiana legislators are considering using performance-based ratemaking to set utility rates.
Construction is set to begin early next year on a $560 million project to send millions of gallons of water each day to Lebanon to meet the demands of the state’s 9,000-acre LEAP Research and Innovation District.
We need higher standards, better coordination and deals that work for residents.
We’re already paying the price, both literally and figuratively, when it comes to AI data centers.
We’re competing for these projects not just with other cities and states but with countries across the globe.
Indiana utility customer advocacy groups on Tuesday released a slate of ambitious reforms they say would promote affordability for struggling residential and small-business ratepayers.
Gov. Mike Braun has made energy a centerpiece of his first year, but his focus isn’t only about generating more electricity to feed growing demand from economic development. He also wants to lower the price of power for business and residential consumers.
The health care system’s plan to meet its energy needs includes working closely with its electricity provider, AES Indiana, building additional backup power systems and operating its own natural gas utility plant for heating and cooling.
Energy startup First American Nuclear plans to spend $4 billion and create 5,000 jobs in Indiana in the coming decade as it pursues building a nuclear plant powered by small modular reactors.
The Global Nuclear Energy Economic Summit at Purdue University got underway Wednesday with several hundred attendees from energy companies, utilities, academia, government and regulatory agencies.
Indiana Gov. Mike Braun said in a news release that the move will bring 5,000 high-paying jobs to Indiana.
Under the agreement, Duke Energy would be able to solicit interest in the existing coal units at its Cayuga Generating Station after two proposed gas units are placed in service in 2029 and 2030.
The all-stock deal announced Monday is expected to create a public water utility worth about $40 billion. Both companies have significant Indiana operations.
The process of selecting IURC board members usually doesn’t draw much attention, but that’s changed in the last year as rising utility rates and conversations about data centers make news.
The Indiana Utility Regulatory Commission Nominating Committee’s members met in executive session Monday and reviewed 47 applications for three open seats on the five-member commission.
Some 1,400 miles of transmission lines in Indiana and Michigan serving 600,000 customers will be replaced under the effort.
If the data center operates at around 90% of its capacity over a full year, it would use nearly twice the amount of electricity used by all AES Indiana residential customers in 2024, according to federal filings.
The Indiana Office of Utility Consumer Counselor and the Citizen’s Action Coalition both said a settlement plan over electricity rates between AES Indiana, the city and numerous large businesses was not acceptable.
A few City-County Council members say Indianapolis should consider keeping AES out of private equity’s hands by acquiring the utility.
