Articles

Indiana lands $39.4M in power-grid stimulus grants

IPL will receive $20 million to help pay for a $48.8 million project to install more than 28,000 smart meters; Midwest ISO
will get $17.3 million toward a $34.5 million project to install 150 phasor measurement units.

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Consultant: Indianapolis water utility lax in overseeing Veolia

The city too often relied on the Department of Waterworks’ board, on consultants and on the private
operator, Veolia Water, rather than on the department’s own staff “to ensure safe and efficient
operation, maintenance and management” of Indianapolis Water. That’s one of several critical
findings of a consultant hired by the department and filed as part of a 35-percent rate-hike request
pending before the Indiana Utility Regulatory Commission.

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American Water wants to raise rates

The Indiana Office of Utility Consumer Counselor is seeking public input on a proposed rate hike by American Water Inc.,
which has 283,000 customers in the state, including in Noblesville and Greenwood.

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Waterworks proposes 35-percent rate hike

The Indianapolis Department of Waterworks today unveiled a capital-improvements proposal that would raise water rates for
the average residential customer by 35 percent, or $8 a month.

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Indiana mine operations to close, costing 80 jobs

Peabody Indiana Services LLC notified the Indiana Department of Workforce Development on Monday that it will close its surface
mine operations at Francisco in southwestern Indiana, putting about 80 employees out of work.

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Toll road operator among water-utility suitors

Among 23 firms that have expressed interest in operating Indianapolis’ water and sewer systems is Macquarie, the Australian
firm that operates the Indiana Toll Road under a 75-year, $3.8 billion lease. In July, the city asked companies to express
interest in operating the systems.

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Insurer fires latest round in $125M utility case

John Hancock Life Insurance Co. today asked a federal judge to force Hoosier Energy Rural Electric Cooperative to post an
additional $20 million in escrow as the utility continues to challenge a $125 million claim against it by the New York-based
insurer.

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