The Indiana Senate Committee on Utilities is prepared to take a vote this week on SB510, the legislation intended to protect captive Hoosier gas ratepayers from the shenanigans of a Park Avenue hedge fund. So this seemed like an ideal time to discuss some talking points that the folks at Indiana Gasification and Leucadia keep using when promoting the illusory benefits of the proposed Rockport SNG facility, which remains to this day nothing more than a power point presentation.
On January 24, a little under a hundred folks made their way to the Indiana History Center to make their voices heard regarding IPL's current plan to raise electric rates.
Some joined the Sierra Club protest before the hearing; some just came to speak to regulators about giving more money to IPL to continue to prop up old, outdated coal plants.
IPL's plan to spend more than $500 million on pollution controls for plants that are both outdated and unnecessary has frustrated customers on both an economic and environmental level.
This is a great video statement that CAC's Executive Director, Kerwin Olson, made regarding a situation dealing with Vectren in Southern Indiana. Even though that situation is resolved, it's still a great statement on how the utilities operate in Indiana, so we left it up for your viewing!
A close inspection of the proposed settlement between Duke Energy and the Office of Utility Consumer Counselor regarding the Edwardsport Integrated Gasification Combined Cycle Station Project is anything but a victory for Duke's ratepayers.