More evidence showing the Mounds Reservoir project to be ill-conceived and a potential negative impact on the surrounding area continues to come to light.
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On February 11, 2015, The Indiana Utility Regulatory Commission (IURC) significantly modified a settlement agreement made by Indianapolis Power & Light (IPL), the City of Indianapolis, and the Indiana Office of Utility Consumer Counselor (OUCC) for approximately $16 million for an alternate regulatory plan (ARP) known as the BlueIndy electric vehicle project.
The Mounds Reservoir project began as an idea proposed during the 2010 Madison County Leadership Academy. The Anderson/Madison County Corporation for Economic Development (CED) then contracted a Phase I feasibility study conducted by DLZ Engineering of Indianapolis. The concept is to dam the White River to construct a 2,100 acre reservoir from Madison into Delaware County.
On August 15th, the Indiana Utility Regulatory Commission (IURC) submitted the Demand Side Management (DSM) Report to the Indiana General Assembly. The report, completed by The Energy Center of Wisconsin, was filed pursuant to the highly controversial Senate Enrolled Act (SEA) 340 which will end the Energizing Indiana programs by the end of 2014.
It is CAC’s firm belief that energy must be safely and reliably delivered to Hoosiers at the least-cost possible. Consumer-oriented energy policies that create investment in renewables and energy efficiency make sense as the costs of coal and nuclear energy become more expensive.