The company said the Indiana Utility Regulatory Commission on Tuesday approved the final phase of an agreement with various consumer groups to reflect decreases in rates as a result of the federal tax overhaul last year.
The Indianapolis-based drugmaker has appealed its annual tax bill for its two massive campuses south of downtown every year since 2012.
The combined company would serve more than 7 million gas and electricity customers in eight states and hold about $29 billion in assets.
Logansport Municipal Utilities shut down its plant in early 2016 after deciding it couldn't afford updates needed to meet rules established under former President Barack Obama.
The amount of savings under the agreement approved by the Indiana Utility Regulatory Commission will vary by customer. Duke Energy credits the federal tax overhaul for the rate reduction.
Amazon stands out for its success in offloading its power costs and also because it dominates America’s cloud business, which has gone from nonexistent to using 2 percent of U.S. electricity in about a decade.
Houston-based alternative energy company EDP Renewables North America announced Thursday that it plans to build 50 new turbines that will help power Facebook’s Midwest data center.
Citizens Action Coalition of Indiana says Duke Energy’s controversial Edwardsport plant has suffered repeated outages and failed to live up to its promises, costing ratepayers more than $1 billion in unneeded fees.
Indiana American Water, which serves about 1.3 million people, estimates it will replace all lead service lines by no later than 2042 and possibly as soon as 2028.
Indiana Utility Consumer Counselor Bill Fine is tasked with making sure Hoosier households and business aren’t overcharged for electricity, natural gas, water or wastewater.
Citizens Energy Group said crews are “conducting rapid inspections of all downtown sewer infrastructure to identify potential issues” after problems below the surface forced closures of two intersections this month.
Attention commuters: Citizens Energy Group announced Thursday afternoon that it had to close another busy downtown intersection because of problems with the underlying sewer system.
Indianapolis Power & Light has agreed not to raise the fixed monthly rate it charges most of its residential customers, under a rate-case settlement it reached with the Indiana Office of Utility Consumer Counselor and other stakeholders.
The move represents the latest action by Trump’s EPA to boost the struggling coal industry by rolling back environmental and public health rules enacted under his predecessor.
Citizens Energy Group said crews have been working 24 hours a day at the intersection of Ohio and Pennsylvania streets to repair a century-old sewer line that collapsed 15 feet beneath the surface.
A busy downtown intersection could remain closed through the weekend while crews repair a sinkhole that developed there Wednesday, Citizens Energy Group said Thursday afternoon.
If approved by Indiana utility regulators, the agreement would cut the monthly electrical bill of a typical household by an average of 5.6 percent.
The publisher of Indianapolis Business Journal and its sister newspapers plans to relocate in March to the Indianapolis Power & Light Co. headquarters building in the southeast quadrant of the Circle.
In a sharp rebuke, the Indiana Office of Utility Consumer Counselor said IPL’s $96.7 million rate increase is unjustified. It is recommending a much smaller increase.
Democrat Jared Evans said the council members are hoping to “raise awareness” about the issue and persuade state regulators to drastically reduce the amount IPL raises its rates, “if they don’t decline this altogether.”
