03/23/16 UPDATE: The IURC authorized IPL to increase rates by $30.8 million.
IPL Rate Hike (2016)
- March 23, 2016
A group of advocacy organizations, including Citizens Action Coalition, Save the Valley, Sierra Club, and Valley Watch, joined a modified settlement that was filed today at the Indiana Utility Regulatory Commission (IURC) regarding Duke Energy’s Edwardsport IGCC plant in Knox County, IN. The settlement, which builds off of an initial settlement reached in 2015, paves the way for additional consumer protections for Hoosiers and coal retirements in Indiana.
The Indiana Court of Appeals yesterday struck down approval of Vectren’s plan to spend roughly $90 million in ratepayer money on its aging A.B. Brown and F.B. Culley coal-fired power plants outside Evansville. The Court found that the Indiana Utility Regulatory Commission violated the law by failing to determine whether Vectren met all legal requirements before approving Vectren’s use of the new equipment. The Court’s decision means that the case goes back to the Commission to decide whether Vectren should be allowed to pass the costs of the projects on to its ratepayers.
These are the issues of immediate importance we are working on right now.