The price to get big industrial firms like Eli Lilly and Co., National Starch and Rolls-Royce Corp. to support the sale of the city’s water and sewer utilities to Citizens Energy Group is at least $1.5 million.
Citizens has more than 120 miles of transmission pipe and hundreds of miles of gas service lines.
Electric car maker Think hopes to kick-start sluggish sales through a rebate program available only to Indiana residents.
Citizens Energy Group CEO Carey Lykins’ 2010 pay package, salary and bonus, totaled $1.6 million, more than his counterparts at the three largest municipal gas utilities in the country.
Ratepayers would pay no more than $14 million to cover charges associated with Citizens’ purchase of Indianapolis water and sewer utilities. Some say the capped amount is too much.
AES, which owns Indianapolis Power & Light, is just the latest energy company attempting to bulk up with rising costs from new environmental regulations on the horizon.
Senate Bill 251, which passed the Indiana House Utilities and Energy committee Friday, calls for a voluntary goal of producing 10 percent of the state's electricity from renewable energy resources by 2025.
Former Indiana Utility Regulatory Commission counsel Scott Storms spoke out for the first time publicly on ethics charges brought against him, denying allegations that there was a conflict of interest in how he handled cases involving Duke Energy.
Projects involving youth received the biggest chunk of money this year from the Golden Eagle Environmental Grants program.
A not-for-profit public trust that wants to buy Indianapolis' water and sewer utilities has agreed to document all of the savings it says the $1.9 billion deal would create. State regulators still must approve the transaction.
Six gas-distribution companies have urged regulators to reject a state plan that would force residential natural-gas customers to effectively subsidize a $2.7 billion coal gasification project proposed for Rockport.
Indianapolis Power & Light Co. CEO Ann D. Murtlow will leave her position April 1, the electric utility announced Monday afternoon.
Duke Energy Corp. is asking state regulators to approve the company's newly drafted plan to cap at $2.72 billion the price of an Indiana coal-gasification plant it's building that's been plagued by cost overruns.
The Environmental Protection Agency and the local utility are at odds over the condition of the ponds and the extent of remediation that is necessary.
Industry feared original bill would have put mortgage lenders at added risk.
Former U.S. Rep. Brad Ellsworth will join utility holding company Vectren Corp. as president of Vectren Energy Delivery of Indiana-North, the company said Thursday.
A panel discussion includes topics ranging from green power initiatives and hybrid cars to landfill policies and environmental regulations.
Indiana utility regulators will hold two additional field hearings to take public comment on Duke Energy's request to pass along to ratepayers the $2.9 billion cost of a coal-gasification plant being built near Edwardsport in southwestern Indiana.
A bill that would offer Indiana's utilities incentives to build the state's first nuclear power plants is advancing in the Statehouse despite strong opposition from environmentalists, renewable energy boosters and industries that consume large amounts of electricity.
E.Com Technologies LLC, which serves the large Centennial subdivision in Westfield, cannot expand its service territory without the state agency’s permission. Charges of anti-competitive behavior led to the decision.
