Downtown sinkhole repair could take longer than expected
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.
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Duke Energy, consumer groups reach agreement to cut electric bills
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.
IBJ Media moving to Monument Circle
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.
Indiana consumer agency recommends state reject IPL rate increase
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.
Indy Council members mounting opposition to IPL’s proposed rate hike
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.”
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.
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.