Three Indiana gas utilities face pipeline safety fines
The Indiana Utility Regulatory Commission says Northern Indiana Public Service Co., Vectren and Citizens Gas didn't follow procedures and keep accurate pipeline records.
The Indiana Utility Regulatory Commission says Northern Indiana Public Service Co., Vectren and Citizens Gas didn't follow procedures and keep accurate pipeline records.
Indianapolis-based ProLiance Energy, which has lost tens of millions of dollars in recent years amid falling natural gas prices, is being sold to Dallas-based Energy Transfer Partners.
The Indianapolis-based subsidiary of Vectren Corp. plans to construct a 52,000-square-foot building at its 34-acre corporate campus at 8850 Crawfordsville Road.
Indiana Gasification project manager Mark Lubbers told the Evansville Courier & Press that neither the General Assembly nor Gov. Mike Pence support the project.
Under the legislation, state utility regulators could order Indiana Gasification LLC to make refunds to gas customers every three years if the price of synthetic gas it produces from coal is greater than the market price of natural gas over the period.
A synthetic natural gas plant proposed downstate need only tweak its contract with would-be gas purchaser Indiana Finance Authority to comply with an October court ruling and to proceed with the project, Indiana Gasification said in a recent filing with the Indiana Court of Appeals. But opponents of the plant, led by Evansville-based gas and electric utility Vectren, immediately objected.
The Evansville-based utility estimates all residential gas customers would see their gas bills increase an average of $3.90 per month for eight years—for a total cost of $375 per consumer.
Vectren Corp. has agreed to pay $75,000 in penalties and take other steps in response to a natural gas explosion that destroyed a southern Indiana home and injured five people.
Questions about a synthetic natural gas plant proposed for southern Indiana led a House committee to strip tax breaks for the $2.6 billion project from a bill that already has passed the Senate.
A utility executive told a legislative committee Tuesday that a drop in natural gas prices as a result of the nation's shale-gas boom have made a proposed southern Indiana coal-gasification plant a project "whose time has passed."
Indianapolis-based ProLiance, a natural-gas marketer and supplier, was singed by a $57.2 million pretax loss in the first nine months of 2011, causing some analysts to wonder if majority owner Vectren Corp. will try to sell its 61-percent stake in the company.
The firm says 270 union workers will soon be back on the job after they ratified a new three-year labor agreement.
Vectren has locked out 270 union workers at several Indiana worksites after the union rejected a proposed three-year-contract.
Citizens Gas says that if winter temperatures are normal, Marion County customers will pay just a few dollars more on their heating bills this winter, compared to last year.
Unions and public safety officials allege the utility’s move to home-based crews could delay responses to emergencies and reduce safety.
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 consumer group opposing Senate Bill 115 argues the measure is yet another concession to the developer of a coal-to-methane
plant proposed in Rockport.
The Indiana Utility Shareholders Association aims to be the “collective voice” of investors
in four of the big utilities operating in Indiana.
Indianapolis-based Miller Pipeline Corp. announced Monday morning that it has purchased Illinois-based Elcon Pipeline Inc.,
marking the company’s fifth acquisition in the past four years.