Vectren, a subsidiary of CenterPoint Energy, has recently filed for rate increases for both of their Indiana gas utilities.
- January 25, 2021
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.
There was cause for celebration yesterday after the Indiana Utility Regulatory Commission (“IURC”) extended the utility shut-off moratorium until August 14th. Sadly, tens of thousands of Hoosiers remain without shutoff protection as they are served by utilities not under the jurisdiction of the IURC. Therefore, the historic order by the IURC left out tens of thousands of Hoosier consumers who still face the looming threat of losing access to essential human services during the worst financial crisis since the Great Depression and an unprecedented global health pandemic.
Indiana’s large investor-owned electric and gas monopoly utilities filed a petition before the Indiana Utility Regulatory Commission (“IURC”) asking permission to allow them to categorize lower energy sales as an expense caused by the Coronavirus Disease 2019 (“COVID-19”) and to allow them to collect those lost revenues from consumers. In other words, the investor-owned utilities want to charge consumers for the energy that they did not sell because of the global pandemic.
These are the issues of immediate importance we are working on right now.