Articles

Hoosier Energy avoids financial brownout

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.

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Carmel electric marketer planning expansion

Carmel’s ACES Power Marketing LLC plans to invest $6.6 million to expand its West 99th Street headquarters—a move
that could allow it to add 40 jobs, the Indiana Economic Development Corp. said early Monday.

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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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Let there be LED light

Westfield-based Green Illuminating Systems sees a bright future in LED lighting as a way to reduce electricity consumption.

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Hoosier Energy hit with $120M claim from John Hancock

An electric co-op supplying power to customers in 48 central and southern Indiana counties could face a perilous spike in
its financial load following a $120 million claim against it by insurance giant John Hancock Life Insurance Co.

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Bill would let utilities pass on more costs without rate hearings

Utility ratepayer groups say House Bill 1496, which is stuck in committee, is typical of what they see as a disturbing trend:
allowing utilities to pass the cost of mandates directly to consumers. HB 1496 would require Indiana’s coal-reliant electric
utilities to generate at least 10 percent of their power from renewable energy sources like wind and landfill gas.

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