State regulators approve Duke Energy rate reduction
The amount of savings under the agreement approved by the Indiana Utility Regulatory Commission will vary by customer. Duke Energy credits the federal tax overhaul for the rate reduction.
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Articles
Amazon generates huge electric bills—but gets others to pay them
Amazon stands out for its success in offloading its power costs and also because it dominates America’s cloud business, which has gone from nonexistent to using 2 percent of U.S. electricity in about a decade.
Consumer group says Indiana power plant has failed customers
Citizens Action Coalition of Indiana says Duke Energy’s controversial Edwardsport plant has suffered repeated outages and failed to live up to its promises, costing ratepayers more than $1 billion in unneeded fees.
IPL reaches settlement that significantly shaves proposed rate hike
Indianapolis Power & Light has agreed not to raise the fixed monthly rate it charges most of its residential customers, under a rate-case settlement it reached with the Indiana Office of Utility Consumer Counselor and other stakeholders.
Duke Energy, consumer groups reach agreement to cut electric bills
If approved by Indiana utility regulators, the agreement would cut the monthly electrical bill of a typical household by an average of 5.6 percent.
IBJ Media moving to Monument Circle
The publisher of Indianapolis Business Journal and its sister newspapers plans to relocate in March to the Indianapolis Power & Light Co. headquarters building in the southeast quadrant of the Circle.
Indiana consumer agency recommends state reject IPL rate increase
In a sharp rebuke, the Indiana Office of Utility Consumer Counselor said IPL’s $96.7 million rate increase is unjustified. It is recommending a much smaller increase.
Indy Council members mounting opposition to IPL’s proposed rate hike
Democrat Jared Evans said the council members are hoping to “raise awareness” about the issue and persuade state regulators to drastically reduce the amount IPL raises its rates, “if they don’t decline this altogether.”
Hogsett, IPL switch first streetlight to LED technology
About 27,000 city-funded streetlights will be updated with the more energy-efficient, light-emitting diodes through spring 2021.
IPL cuts 100 jobs in Indiana, gets new president and CEO under corporate restructuring
The shakeup means that Rafael Sanchez, who has led the Indianapolis operations since June 2016, is out and will be replaced by a company official who will lead both Indiana and Ohio operations.
Under-the-radar IEA Energy becomes big player in wind-farm construction
The Indianapolis-based company, which began with a single dump truck 71 years ago, is about to go public in a merger worth up to $345 million.
Weather keeps Circle lights up longer than usual
Volunteers from the International Brotherhood of Electrical Workers have twice planned to do the work but cold, snow and ice have caused delays.
IPL seeking rate hike that would add $14 to typical monthly bill
If state regulators approve the request from Indianapolis Power & Light Co., customers would see their rates rise by the end of 2018.
Mild weather hurts IPALCO’s results
IPALCO posted a profit of $33.2 million on revenue of $355.3 million in the latest quarter. That compared to profit of $47.3 million on $361.3 million in revenue in the same quarter a year earlier.
Indy-based renewable energy firm to go public in merger worth up to $345M
IEA Energy Services has completed about 200 wind and solar projects around the country, including the 9,000-acre Benton County Wind Farm in northern Indiana.
Maryland suing EPA over power plants in Indiana, other states
Maryland is suing the U.S. Environmental Protection Agency for failing to act on a petition requiring power plants in five upwind states, including Indiana, to reduce pollution.
Indiana regulators OK Vectren’s grid upgrade, rate increases
The Indiana Utility Regulatory Commission approved the Evansville-based utility's plan Wednesday.
Novel Cummins power deal will fund wind farm expansion
A virtual-power purchase agreement is a new type of energy contract that allows a large customer to support green-energy projects and hedge electricity prices
Energy Department calls for easing rules on power plants
The department said in a new report that the closure of many plants that once formed the backbone of the grid has raised the risk that consumers might not have reliable electricity.
Indianapolis, IPL ink $12M contract to update 27,000 streetlights
The city said it will use the savings from the more energy-efficient lights to add another 4,000 streetlamps.