Hogsett, IPL switch first streetlight to LED technology
About 27,000 city-funded streetlights will be updated with the more energy-efficient, light-emitting diodes through spring 2021.
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Sprint, T-Mobile strike $26.5 billion deal to take on AT&T
Operating as T-Mobile, the company would have about $74 billion in annual revenue and 70 million wireless subscribers.
UPDATE: Vectren selling to Texas utility for $6 billion
CenterPoint Energy Inc.’s purchase of Vectren would take out Indiana’s 13th-largest public company, with $2.4 billion in annual revenue. Every county surrounding Marion County receives service from Vectren.
Governor makes utility regulatory leadership moves
Gov. Eric Holcomb on Monday appointed former state representative David Ober to an open spot on the Indiana Utility Regulatory Commission and promoted interim IURC chairman Jim Huston to chairman.
IPL cuts 100 jobs in Indiana, gets new president and CEO under corporate restructuring
The shakeup means that Rafael Sanchez, who has led the Indianapolis operations since June 2016, is out and will be replaced by a company official who will lead both Indiana and Ohio operations.
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.
IURC chairmanship attracts 7 candidates
The five-person commission regulates $14 billion in electric, natural gas, telecommunications, water and sewer utilities. It approves utility projects and determines how much utilities can charge customers.
Weather keeps Circle lights up longer than usual
Volunteers from the International Brotherhood of Electrical Workers have twice planned to do the work but cold, snow and ice have caused delays.
Some utility rates could go down due to corporate tax cuts
Public utility regulators from Oklahoma to Massachusetts are considering lowering the rates that homeowners and businesses pay, after the passage of a federal tax overhaul that reduced the corporate income tax rate by 14 percent.
IPL seeking rate hike that would add $14 to typical monthly bill
If state regulators approve the request from Indianapolis Power & Light Co., customers would see their rates rise by the end of 2018.
Indiana’s chief utility regulator steps down less than a year after appointment
James Atterholt, appointed chairman of the Indiana Utility Regulatory Commission in February, will step down next month, saying his wife has been offered a job transfer to Florida.
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.
UPDATE: Indiana seeking to head off potential water crisis
Gov. Eric Holcomb is seeking to create a multi-agency working group to develop strategies to manage the state's water resources and infrastructure.
Tunnel work to close parts of Meridian, Pennsylvania streets for most of 2018
The project will close the two streets just north of Fall Creek Parkway, as part of Citizens Energy’s $2 billion project to improve waterways.
Bank information taken in hack of Duke Energy vendor
Nearly 375,000 Duke Energy Corp. customers may have had personal and banking information stolen in a data breach.
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.
Mild weather hurts IPALCO’s results
IPALCO posted a profit of $33.2 million on revenue of $355.3 million in the latest quarter. That compared to profit of $47.3 million on $361.3 million in revenue in the same quarter a year earlier.
Sessions announces new effort to fight neighborhood crime
U.S. Attorney General Jeff Sessions announced the creation of the Violent Crime Reduction Coordinating Committee during a meeting Monday in Indianapolis with the Ten Point Coalition.
Water-testing startup wins $100K in pitch competition
Founded in 2016, 120WaterAudit beat out nine other area firms that had been chosen to compete in the Rise of the Rest pitch competition that rolled into Indianapolis on Thursday.
Trump administration to roll back Obama climate plan
The Clean Power Plan aimed to restrict greenhouse gas emissions from coal-fired power plants. The EPA now is expected to declare the rules exceed federal law.