Ratings agency Standard and Poor’s recently upgraded the rating on the city of Lawrence’s waterworks utility revenue and refunding debt—a move officials say could eventually save taxpayers money.
Veolia North America, a utility giant that operated water and wastewater operations in Indianapolis from 2002 to 2010, is closing a local office that employs about 90 people.
A struggling mall turned into a co-working space? An auction that connects startups with C-level execs? Inmates-turned-entrepreneurs? Check out programs and projects in other cities that have garnered national attention and could prompt discussions locally.
In a lawsuit filed in Marion Superior Court, Whitestown is suing the wastewater division of Citizens Energy Group for breach of contract and is seeking a refund for connection fees.
Citizens Energy Group says it plans to hire a “vast majority” of the 180 workers at two local wastewater-treatment plants after Suez Water Indiana LLC loses its contract to manage the facilities.
The decisions Jeff Harrison makes affect 400,000 customers in central Indiana—when they turn on their kitchen faucets, flush their toilets, heat their homes with natural gas, or pay their utility bills.
The average bill for Citizens residential customers in the nine-county metropolitan area would increase from about $30 a month to $35, the utility said.
A hazardous waste site in Indianapolis could be added to the federal Superfund program's priority list that speeds along investigations of contamination sources and eventual cleanups.
A small utility cooperative’s plan aims to help spur development in unserved areas between Greenfield and Fortville.
The average bill for Citizens Energy’s residential customers in the Indy metro area would jump from about $30 per month to $35.
The increase, which takes effect Jan. 1, marks the first time the utility has hiked wastewater rates since 2005.
The Indiana Office of the Utility Consumer Counselor is asking state regulators to approve just about half the rate increase Citizens Energy Group wants to charge water customers.
Much of the infrastructure that transports water from municipal drinking water plants in Indiana to homes and businesses is old and worn, and the state faces significant costs to complete needed upgrades, repairs and expansions.
Standard & Poor’s just reduced the bond rating on the utility’s debt based on concerns about revenue and a low cash balance in the funds.
The Alliance of Indiana Rural Water recently named Connersville as having the best-tasting water in Indiana. The city’s economic development agency is looking into bottling that award-winning water.
The utility, which provides water to about 400,000 homes and businesses in the eight-county Indianapolis area, said average residential bills would rise from $30 per month to $36 if it receives approval for the 20-percent hike.
The utility already has begun work on the project in an 88-acre former limestone quarry, which could provide another 25 million gallons of water per day when the reservoir opens in 2020.
Opponents of a proposed reservoir stretching from Anderson to Muncie are urging an economic development group to abandon its push for the $450 million project.
Plans to create Indiana's first new reservoir in more than four decades are fatally flawed because there would be no buyer for its water for 35 years, the former director of engineering for the Indiana Department of Natural Resources says.
Duke Energy said Friday that it has already negotiated a plea agreement under which it will admit guilt and pay $102 million in fines, restitution and community service.
