Cost pressures could eat away at $2.9 billion Edwardsport project’s contingency fund, leaving no room for unexpected costs during startup and testing, Duke told the Indiana Utility Regulatory Commission.
Citizens Energy Group projects that the gas bill of its average residential customer will decline about 7 percent over the winter heating season. The utility said a customer who uses the typical amount of natural gas will spend $580, down from $620 last season.
Citizens Energy should have completed the majority of its due diligence of the city’s water and sewer utilities, which
it plans to acquire, by the end of this month.
Citizens Energy Group’s plan to buy the city’s water and sewer systems will require the utility to raise $262 million in new
bond debt and inherit $1.5 billion in debt. Yet Citizens executives maintain the financial load should not impair the bond
ratings of its principal utilities, Citizens Gas and Citizens Thermal.
A consumer group opposing Senate Bill 115 argues the measure is yet another concession to the developer of a coal-to-methane
plant proposed in Rockport.
Converting the U.S. trucking industry to natural gas will benefit manufacturers including Columbus-based Cummins Inc., T. Boone Pickens says.
The Indiana Utility Shareholders Association aims to be the “collective voice” of investors
in four of the big utilities operating in Indiana.
Indianapolis-based Miller Pipeline Corp. announced Monday morning that it has purchased Illinois-based Elcon Pipeline Inc.,
marking the company’s fifth acquisition in the past four years.
Duke Energy Corp. said the cost of the plant it’s building in southwestern Indiana has risen another $150 million.
One of Indiana’s largest natural gas utilities predicts customers’ bills in its largest service territory might be 25 percent
to 30 percent lower this heating season compared to the last one.
There is one commodity that may have more potential over the next several years than all else: natural gas.
Cap and trade could lead us to a much cleaner, more prosperous future or it could devastate our economy.
Sky-high oil prices have rekindled an industry in east-central Indiana that many thought had run its course a century ago.
A handful of wily prospectors motivated by oil prices approaching $150 a barrel are betting that’s not the case.
A unit of Citizens Gas proposes building a natural-gas-fueled steam plant in Speedway to serve large employers in the town
of 12,800.
Citizens Gas & Coke Utility has revived its pitch for a regulatory plan that would fundamentally change the way it bills customers,
helping it cover rising expenses as gas sales fall. The plan would create an expanded energy conservation program that could
include rebates for customers who buy gas-efficient furnaces and appliances.
