As a result of the settlement, I&M residential ratepayers will realize a far lower increase to monthly bills than what I&M wanted. Other numerous and significant terms were secured that bring great benefits to residential customers, including terms obtained specifically for low-income customers and vulnerable households.
CAC's new report on the proposed LEAP District adjacent to Lebanon in Boone County finds that the project reveals severe deficiencies in Indiana's water and economic development policy. The lack of transparency of the IEDC regarding their plan to withdraw massive amounts of water from the Wabash Valley aquifer has garnered significant public outcry in recent months.
CAC filed the testimony of Program Director, Ben Inskeep, asking the IURC to deny Duke Energy’s request to charge their Indiana ratepayers for coal ash compliance projects in Cause No. 45940. Duke’s Coal Ash Compliance Project is not only extraordinarily expensive, but it also fails to adequately clean up Duke’s toxic coal messes.
CAC has joined the settlement reached in the current AES Indiana rate case. We believe the proposed settlement reflects a positive outcome for customers that may not have been achieved through litigation. If approved by the IURC, the settlement will reduce AES Indiana’s rate of return on equity, or profit, and will allow a much smaller increase to the monthly fixed customer charge than what was proposed.
These are the issues of immediate importance we are working on right now.
