Citizens Energy Group on Friday filed a request with the Indiana Utility Regulatory Commission to reduce rates for its downtown steam-distribution system by 6 percent. The request comes two years after Citizens won approval to raise rates by 10 percent.
The average bill for Citizens residential customers in the nine-county metropolitan area would increase from about $30 a month to $35, the utility said.
The utility’s ad campaign comes as state regulators are considering Citizens’ request to raise water and sewer rates by double-digit percentages on about 400,000 customers.
About 470,000 customers of Indianapolis Power & Light Co. can expect to see their monthly bills increase after state regulators approved an order allowing the utility to collect an additional $29.6 million in annual revenue.
The utility said Monday it has reached a settlement agreement with the Indiana Utility Consumer Counselor and some consumer groups on its new plan, which calls for updating and replacing aging substations, utility poles, power lines and transformers.
The utility says that customers are being threatened with having their power cut off unless a quick payment is made.
The Federal Energy Regulatory Commission said in a ruling that changes should be made to the Midwest Independent System Operator Inc.’s forward capacity auctions. Carmel-based MISO manages the electricity network for 15 U.S. states.
The average bill for Citizens Energy’s residential customers in the Indy metro area would jump from about $30 per month to $35.
The increase, which takes effect Jan. 1, marks the first time the utility has hiked wastewater rates since 2005.
The Indiana Office of the Utility Consumer Counselor is asking state regulators to approve just about half the rate increase Citizens Energy Group wants to charge water customers.
The state office that represents consumer interests in utility matters says Vectren's energy-efficiency proposal seeks to recover more costs than necessary from its customers.
Heating bills should drop this winter for most U.S. households thanks to a combination of lower energy prices and warmer weather.
Indiana’s manufacturers and municipal utilities are preparing to wage a battle with investor-owned power companies in their desire to get a handle on rising electricity costs.
Standard & Poor’s just reduced the bond rating on the utility’s debt based on concerns about revenue and a low cash balance in the funds.
The utility, which provides water to about 400,000 homes and businesses in the eight-county Indianapolis area, said average residential bills would rise from $30 per month to $36 if it receives approval for the 20-percent hike.
Indiana's utility customer advocate is studying whether Duke Energy should be allowed to pass along costs of repairing its new $3.5 billion coal-gasification plant in southwestern Indiana to consumers.
Entergy Corp. estimates its electrical customers in Arkansas, Louisiana, Mississippi and Texas saved more than $250 million after Entergy joined Carmel-based grid manager MISO.
Indiana regulators on Friday turned down a request by Duke Energy to raise rates over the next seven years, saying the request didn't provide enough detail to justify the $1.9 billion cost.
Vectren will meet with some of its natural gas customers to apologize for an error that led to March bills that were more than $200 higher than a year ago in some cases.
A controversial bill to change the guidelines governing Hoosiers using alternative energy sources – including solar and wind power – passed a House Committee on Wednesday.
