AES

CAC Statement on Settlement Reached in AES Rate Case

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.

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IURC Must Consider Affordability in AES Rate Case

Ben Inskeep, CAC Program Director, asked the IURC to reject AES Indiana’s proposed rate increase, and lower the residential monthly fixed charge and the profit margin included in the rates that customers pay to AES Indiana. Mr. Inskeep concluded that AES Indiana’s proposed rate increase would impose an extraordinary additional financial burden on Indianapolis families who are already struggling to cope with an acute unaffordability crisis. The case is docketed before the IURC as Cause No. 45911.

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High Fossil Gas Prices Drive Looming 19% Rate Increase for AES-IN Ratepayers

AES is projecting that the price of fossil gas will be 288% higher for the months of September through November in 2022 than they were during the same period in 2021. AES Indiana has delayed transitioning to more affordable and clean energy solutions for years, and now Hoosiers are being asked to pay for those poor decisions through skyrocketing electricity bills.

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Human Service and Public Interest Advocates Agree to Settlement with IPL and Other Parties in Rate Case

INDIANAPOLIS -- July 19, 2018 -- Citizens Action Coalition (CAC), Indiana Coalition for Human Services (ICHS), Indiana Community Action Association (INCAA), and the Sierra Club Hoosier Chapter joined a settlement reached by all parties in the Indianapolis Power & Light (IPL) base rate case. The settlement was filed today with the Indiana Utility Regulatory Commission (IURC). The agreement remains subject to review and approval by the IURC.

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