Vectren considering sale after takeover interest, sources say
Vectren provides gas and/or electricity to more than 1 million customers in service territories that cover nearly two-thirds of Indiana and about 20 percent of Ohio.
Vectren provides gas and/or electricity to more than 1 million customers in service territories that cover nearly two-thirds of Indiana and about 20 percent of Ohio.
The line would run from Kansas through Missouri and Illinois to Indiana, where it would connect with a power grid for eastern states.
Dozens of insurance companies say they're not obligated to help pay for Duke Energy Corp.'s multi-billion-dollar coal ash cleanup because the nation's largest electric company new the threat of potentially toxic pollutants.
Indiana Gov. Eric Holcomb has signed a bill into law that will reduce the financial benefits available to those who install solar panels.
Thus far, the Indiana governor has refused to detail any action he may take, saying he was “still reviewing” them and “looking at every angle.”
Critics say the legislation will discourage the use of residential solar and hamper the solar industry in Indiana. But supporters say it will help protect consumers who don’t have solar.
The bill was approved Wednesday by an 8-5 vote and goes to the full House for consideration. It’s already been approved by the Senate.
Indiana's power companies urged lawmakers on Wednesday to move forward with a bill that would curtail a financial incentive available to solar panel owners, even though it does not pose a current threat to their bottom line.
The $4 million project east of Indianapolis is slated to have about 11,000 solar panels.
A state Senate committee has approved a bill that Indiana's investor-owned utilities back that would eliminate much of the financial incentive for installing solar panels.
Donnis Mizelle, 56, pleaded guilty to embezzling $580,000 from an Avon-based utility and using the money for personal expenses, including vacations, jewelry and a Mother’s Day brunch.
Bradley and Montgomery has renovated the second floor of the Indianapolis Power & Light Co. building, adding modern touches while keeping some organic elements.
Critics say the bill would effectively wipe out a key financial incentive for homeowners and businesses to install rooftop solar systems and windmills.
The utility says the increase, which would go into effect by the end of 2017, would be used to build one of the “cleanest, most efficient natural gas plants ever to be built in Indiana.”
A study from academic journal Bioscience said 600,000 to 900,000 bats are killed by wind turbines each year in the United States.
Lawyers for a coalition of states and businesses reliant on fossil fuels, including Indiana, made their case Tuesday to a federal appeals court that President Barack Obama’s plan to curtail greenhouse gases is an unlawful power grab.
The utility says the move would allow it to keep burning coal at the Pike County plant and meet strict environmental regulations for sulfur dioxide and coal ash.
Sheridan Community Schools, a small district of about 1,000 students, expects to save millions of dollars in power costs over 20 years with the move.
Indianapolis plans to install another 25 streetlights by the end of the year, continuing Mayor Joe Hogsett’s push to light up neighborhoods with higher accident and crime rates.
The Indiana Utility Regulatory Commission hears hundreds of cases a year and regulates $14 billion worth of electric, natural gas, telecommunications, steam, water and sewer utilities.