Cost savings from combining three utilities helped give Citizens Energy Group an advantage in the deal to take over Indianapolis’
water and sewer operations, said Michael Huber, the city’s director of enterprise development.
The agreement is expected to generate more than $425 million in funding for local infrastructure improvements, and Citizens
has agreed to assume $1.5 billion in debt associated with the utilities.
Retirees re-energize legal battle against IPL, seek rehearing in Court of Appeals over post-retirement funding case that could
cost utility $100 million.
Indiana Court of Appeals upholds utility commission ruling favorable to IPL. Although court does "not condone" IPL’s action in the retirement benefits case, it gives deference to the commission.
Indianapolis Power & Light Co. made the claim in testimony submitted to the Indiana Utility Regulatory Commission as part
of a hearing investigating complaints that the utility’s tree-trimming policies are too aggressive.
The utility that asked state regulators permission to have customers pay $121 million for a geological study now seeks $42
million.
Legislation that could bring more wind turbines and solar power projects to the state failed in the last session’s closing
hours.
Hoosier Energy, which supplies electricity to customers in 48 counties in central and southern Indiana, has settled a dispute
that had threatened to plunge the utility into bankruptcy.
The state’s utility consumer agency is opposing Duke Energy’s request to have customers pay $121 million to
study where to inject underground the carbon dioxide to be produced by its Edwardsport plant.
By issuing “voluntary environmental improvement bonds,”, local and state governments could
create special taxing districts that finance homeowner purchases of everything from solar panels to rain
gardens.
Duke Energy Corp. said the cost of the plant it’s building in southwestern Indiana has risen another $150 million.
Mike’s Express Carwash uses a lot of water. There’s just no getting around it. So when automated systems engineer
Ryan Binkley looked for ways to conserve resources, he focused on the company’s irrigation systems.
Evansville-based energy company Vectren Corp. reported a 47-percent drop in profit for its fiscal third quarter.
One of Indiana’s largest natural gas utilities predicts customers’ bills in its largest service territory might be 25 percent
to 30 percent lower this heating season compared to the last one.
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.
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.
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.
Already swamped with higher debt costs due to a bond refinancing fiasco, the city’s Department of Waterworks is asking
the Indiana Utility Regulatory Commission to OK a rate hike to pay for capital projects.
There are no nuclear power plants in Indiana, but lawmakers are expected to wrestle next year with whether to offer an incentive
that could boost prospects for building reactors in the state.
After two years of fruitless negotiations, the Crawfordsville steel mill has asked the Indiana Utility Regulatory Commission
to intervene. More than 700 jobs depend on Nucor and Duke striking a deal.
