Carmel to consider water, sewer rate increases
Standard & Poor’s just reduced the bond rating on the utility’s debt based on concerns about revenue and a low cash balance in the funds.
Standard & Poor’s just reduced the bond rating on the utility’s debt based on concerns about revenue and a low cash balance in the funds.
The Alliance of Indiana Rural Water recently named Connersville as having the best-tasting water in Indiana. The city’s economic development agency is looking into bottling that award-winning water.
The Indiana Utility Regulatory Commission on Thursday approved agreements between Duke Energy Indiana and the developers of the four solar farms in the works around the state.
Mike Pence joined a chorus of other Republican governors in vowing full-scale resistance, including outright defiance, of President Obama’s curbs on greenhouse-gas emissions from power plants.
The utility, which provides water to about 400,000 homes and businesses in the eight-county Indianapolis area, said average residential bills would rise from $30 per month to $36 if it receives approval for the 20-percent hike.
Kelly Huntington, president and CEO of Indianapolis Power & Light Co., has stepped down to become senior vice president of enterprise strategy at OneAmerica Financial Partners Inc., the companies announced Thursday.
The utility already has begun work on the project in an 88-acre former limestone quarry, which could provide another 25 million gallons of water per day when the reservoir opens in 2020.
Indiana's utility customer advocate is studying whether Duke Energy should be allowed to pass along costs of repairing its new $3.5 billion coal-gasification plant in southwestern Indiana to consumers.
The Battery Energy Storage System, or BESS. will be built at the Harding Street Station. The utility received approval for a 10-year tax abatement from the county that will save it more than $3 million on the project.
Duke Energy Indiana has filled its president’s position from within, elevating Melody Birmingham-Byrd to the electricity provider’s top spot.
The utility is seeking a $3.1 million tax incentive that it says will help it retain 791 employees in Marion County.
Entergy Corp. estimates its electrical customers in Arkansas, Louisiana, Mississippi and Texas saved more than $250 million after Entergy joined Carmel-based grid manager MISO.
A new law aimed at decreasing energy usage in Indiana might not save consumers money as advertised and could leave the state at risk of violating federal emissions rules, environmentalists say.
Indiana regulators on Friday turned down a request by Duke Energy to raise rates over the next seven years, saying the request didn't provide enough detail to justify the $1.9 billion cost.
North Carolina-based A & B Trenching Co Inc., founded in 1985, employs about 200 people and has revenue of about $20 million per year.
Indiana Gov. Mike Pence approved a measure Wednesday to allow major utility companies to develop their own efficiency programs and charge customers to implement them.
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.
A bill that gives rural electric cooperatives and investor-owned utilities more leverage in territory disputes is headed for the desk of Gov. Mike Pence.
Representatives of Houston-based EDP Renewable told Wayne County commissioners Wednesday the company will study parts of Wayne, Randolph and Henry counties as possible wind farm locations.
Senate Bill 412 reflects Gov. Mike Pence’s policy on energy efficiency, which he promised to craft after allowing the Energizing Indiana program to be terminated in 2014.