Citizens Energy earned $90M in latest fiscal year
Citizens Energy Group said profit nearly tripled, to $90.1 million, on higher operating revenue in the fiscal year ending Sept. 30.
Gas
Articles
City agrees to pay $4.2M for land to build justice center
The city of Indianapolis has taken a major step toward building the $572 million criminal justice center in Twin-Aire neighborhood where the Citizens Energy coke plant once stood.
Kinetrex plans third natural-gas plant to meet exploding customer demand
Kinetrex Energy, which distributes liquid natural gas, has roughly doubled its workforce to 40 people. and pushed from its core market—trucking companies—into agriculture, power generation, asphalt production and other sectors.
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.
Citizens sells liquefied natural gas unit to equity firm
A five-year-old Indianapolis company that supplies liquefied natural gas to trucking companies, manufacturers and other customers is now under new ownership.
Vectren plans to retire most coal-burning units, shift mix of power sources
In the latest move by an Indiana utility to reduce its use of coal, the Evansville-based utility plans to build a solar farm and substantially increase the use of natural gas as a fuel source.
Feds pitch in to help Citizens with plan to redevelop coke plant
The plant closed in 2007, taking 300 jobs. It opened in 1909 and at one point produced all the gas used for heating Marion County.
The Interview Issue: Jeff Harrison
The decisions Jeff Harrison makes affect 400,000 customers in central Indiana—when they turn on their kitchen faucets, flush their toilets, heat their homes with natural gas, or pay their utility bills.
Three finalists named for open spot on state’s powerful utility board
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.
Coal layoffs in Indiana continue as industry struggles
Hundreds of Indiana miners have lost their jobs in recent months as national demand shrinks due to cheaper natural gas and tougher environmental policies.
Harding Street power plant’s move away from coal is watershed moment
Under pressure to meet stringent clean-air regulations, Indianapolis Power & Light Co. is converting the Harding Street plant to natural gas.
U.S., local forecasts call for lower heating bills this winter
Heating bills should drop this winter for most U.S. households thanks to a combination of lower energy prices and warmer weather.
IPL plans $25M power-storage facility at Harding Street plant
The utility is seeking a $3.1 million tax incentive that it says will help it retain 791 employees in Marion County.
Vectren apologizes for errors on natural gas bills
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.
Vectren offers rebate for using smart thermostat
Vectren, the gas utility serving most of central Indiana, will offer $100 rebates on WiFi-enabled programmable thermostats in 2015.
Report: States could help prevent natural gas explosions
Three powerful accidents in recent years highlight weaknesses in oversight of how natural gas providers maintain their largest pipelines, the National Transportation Safety Board reported.
Fracking boom, gas-pipe replacement drive growth for pipeline firm
Miller Pipeline has seen its head count grow from 1,700 to 3,600 since 2008, partly because of its investment in the shale-oil fracking boom. But it also has a lucrative fallback line of business: replacing aging natural-gas pipes.
Fill ‘er up: Gas under $3 per gallon again
Seasonal swings and other factors will likely send gas back over $3 sooner than drivers would like, but the U.S. is on track for the lowest annual average since 2010—and the 2015 average is expected to be lower even still.
Vectren sending out big bills after underestimates
Several thousand Vectren electricity customers in Indiana are facing huge bills after the company underestimated what they owed over the summer.
Energy Department predicts lower heating bills this winter
Milder temperatures should cut heating bills this winter, as few expect a return of the deep freeze that chilled much of the nation last year.