Energy growth task force talks data centers, power demand
One developer blamed opaque processes and bad information for fostering massive backlash among residents.
Utility rates
All but 2 Indy councilors sign letters opposing AES rate settlement
The signatures of President Vop Osili and several other councilors were missing from a letter released last week.
Majority of Indianapolis councilors oppose proposed AES rate settlement
More than half of the 25-member Indianapolis City-County Council signed a public letter opposing the proposed deal, saying AES Indiana “continues to fall short on service.”
AES Indiana plans 1,200-megawatt substation for Morgan County data center
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.
Consumer advocates oppose proposed AES Indiana rate settlement
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.
UPDATE: City reaches settlement with AES Indiana over proposed rate hike
The Indiana Office of Utility Consumer Counselor, which acts on behalf of utility customers, did not join the settlement. Neither did ratepayer advocacy group Citizen’s Action Coalition.
Could Indianapolis buy AES Indiana? Experts say it’s unlikely.
A few City-County Council members say Indianapolis should consider keeping AES out of private equity’s hands by acquiring the utility.
Indy councilors plan resolution to oppose AES rate hike. Will it make a difference?
The proposal appears to have bipartisan support. But it’s unclear how much the City-County Council, which has no actual authority over the utility, can truly influence the process.
State utility consumer advocate recommends denial of proposed AES rate hike
The newly appointed Indiana Utility Consumer Counselor didn’t stop there—the office also recommended a multimillion-dollar reduction of the utility’s current base rate.
State appeals court rules Duke Energy can’t hike rates to recover retroactive cleanup costs
The Indiana Court of Appeals overturned an Indiana Utility Regulatory Commission decision allowing Duke Energy to raise utility rates on Hoosiers, with the court ruling the utility couldn’t retroactively recover the money it lost due to a federally mandated cleanup of toxic coal ash.
Hoosiers’ electric bills spike 17.5% on average over past year
The statewide average increase was nearly double the prior year’s record increase of 9.3%, the analysis found.
AES Indiana seeking two-phase electricity rate hike of 13.5%
If the proposed increases are approved, customers will see a 7.2% hike in the second quarter of 2026 and then about a 6% increase in January 2027. Those are on top of a 6% increase for previously approved projects in 2026.
IBJ Podcast: With billions at stake, hyperscale data centers become charged issue in Indiana
The sudden surge in announced centers—representing more than $15 billion in potential investment—has generated a lot of concern about their drain on Indiana utilities and, in some cases, their water-intensive cooling systems.
State regulators OK electricity rate hike for Duke Energy
The Indiana Utility Regulatory Commission, or IURC, gave approval for an increase of $395.7 million a year for rates and charges, down from the $491.5 million hike requested by Duke—a decrease of 19.5%.
State utility counselor urges regulators to slash Duke Energy’s rate hike request
Duke Energy Indiana, the state’s largest electric utility, in April filed a request with state regulators for permission to raise rates by about 16% over two years.
Westfield seeks role in fighting Duke Energy Indiana’s proposed 16% rate increase
Westfield has asked the Indiana Utility Regulatory Commission to become a party to the case, which would allow the city to submit evidence and testimony and cross-examine the state’s largest electric utility about its rate increase request.
IBJ Podcast: New AES prez on goals, growing up in Indy and the system upgrades that led to billing mess
Brandi Davis-Handy discusses the customer billing issues, the challenges of growing the business and the company’s final push to eliminate coal as a source of energy for creating electricity.
Duke Energy Indiana seeking to raise electricity rates 16%
The company filed a rate request Thursday with the Indiana Utility Regulatory Commission in a move that would raise an extra $492 million a year.
AES Indiana buys large wind farm in northwest Indiana
The Indianapolis-based utility said the acquisition would provide $22.2 million in cost savings to customers over the next six years and advance efforts to provide sustainable energy solutions.
AES Indiana agrees to chop cost to customers of plant outages by $57M
Indianapolis-based utility AES Indiana has agreed to reduce the amount it will charge customers for costs related to the breakdown of its newest power plant from $71 million to $13.7 million under a settlement agreement approved Wednesday by state regulators.