electric

Vectren's costly coal deal is a profit for company, pain for ratepayers (Star Watch Investigation)

The Indianapolis Star's Tony Cook shed some light on Vectren's questionable tactic of buying high-priced coal from its own subsidiary.  

"Residents of southwest Indiana long have grumbled about high electricity bills, and for good reason -- they pay the highest rates in the state.

The provider of that electricity, Vectren Corp., has addressed those concerns by telling customers the high rates are a result of upgrades to its coal-fired power plants that dramatically reduce pollution.

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