Today, regulators at the Indiana Utility Regulatory Commission rejected a proposal for a new gas-fired power plant by Vectren, proposed in early 2018 to replace the bulk of its aging, inefficient coal-burning units.
- April 24, 2019
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INDIANAPOLIS – Vectren is currently before the Indiana Utility Regulatory Commission (“IURC”) seeking permission to charge ratepayers $781M for the construction of a massive, new 850MW gas-fired power plant, and $95M for projects at the F.B. Culley Unit 3 coal-fired power plant to extend its life to at least 2036. On Friday August 10th, a group of citizen groups, including Citizens Action Coalition (“CAC”), Sierra Club, and Valley Watch, filed testimony asking the IURC to reject Vectren’s request.
The Indiana Court of Appeals yesterday struck down approval of Vectren’s plan to spend roughly $90 million in ratepayer money on its aging A.B. Brown and F.B. Culley coal-fired power plants outside Evansville. The Court found that the Indiana Utility Regulatory Commission violated the law by failing to determine whether Vectren met all legal requirements before approving Vectren’s use of the new equipment. The Court’s decision means that the case goes back to the Commission to decide whether Vectren should be allowed to pass the costs of the projects on to its ratepayers.
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