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.
Opponents of a proposed reservoir stretching from Anderson to Muncie are urging an economic development group to abandon its push for the $450 million project.
Plans to create Indiana's first new reservoir in more than four decades are fatally flawed because there would be no buyer for its water for 35 years, the former director of engineering for the Indiana Department of Natural Resources says.
Duke Energy said Friday that it has already negotiated a plea agreement under which it will admit guilt and pay $102 million in fines, restitution and community service.
The state-funded study looked at the cost and environmental impact of the proposed 2,100-acre Mounds Lake reservoir, which would be formed by putting an earthen dam on the White River in Anderson, with an estimated cost of $440 million.
Indiana American Water customers will see an increase in rates next year under an agreement the company reached with consumer advocates. But the hike won’t be as high as the company requested.
After decades of declining population and shifting economic fortunes, the city of Hammond in northwest Indiana is betting that water from Lake Michigan will refresh its finances.
The Clay Township Regional Waste District has made a $106,800 offer to King of Glory Church to buy land for the above-ground tank, which would be the size of a one-story McMansion.
Indianapolis homeowners have received a scare-sell insurance pitch about their water-service lines that appears to carry the endorsement of former New York City Mayor Rudy Giuliani.
The Office of the Utility Consumer Counselor says a proposed rate hike by Indiana American Water Co. is unwarranted, and the company should actually lower existing rates.
State regulators on Wednesday approved a rate hike that will increase monthly wastewater bills by about 26 percent, or close to $14 on average, for Citizens Energy Group customers.