Despite claims of a cost "cap" for ratepayers, the settlement saddles ratepayers with billions in costs.
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...
Increased scrutiny on Leucadia's proposed coal gasification plant in Rockport, IN has resulted in an interesting decision by an Indiana court, and hopefully a second look by state legislators.
"After a recent ruling by the Indiana Court of...
Some people love to say that “coal is cheap,” and they used to be right. However, the cost of coal itself increased 400% from 2003 to 2008. In 2008, Duke Energy spent $190 million more on coal than they did in 2007. The price has dropped since the...
Energy efficiency is simply using off the shelf technology to use energy more efficiently. This includes upgrading to more efficient furnaces, air conditioners, water heaters, and other appliances. It also includes insulating homes better,...
Legislators are ignoring policies that can benefit taxpayers, ratepayers, and the economy as a whole. Instead, they work to protect the monopoly utilities at taxpayer and ratepayer expense. We need policies and programs that accelerate the market...
A company in a competitive market has to compete for your business and therefore must carefully manage its costs in order to stay competitive. However, a regulated monopoly utility has no competition, and therefore regulation of rates...
Indiana’s major utility companies (Duke, AEP, IPL, Vectren, NIPSCO) provide retail electric service essential to the health and vitality of Indiana, its economy, and its citizens. It is a business that has public interest mandates, and they have been...
Leucadia Corporation wants to build and own a coal-to-gas plant in Spencer County, just outside of Rockport, IN. The problem is how much risk is being placed on natural gas customers statewide and how Leucadia is gaming the system to get what they...Download
Construction Work In Progress (CWIP) lets utilities charge ratepayers for the cost of financing new power plants during construction, before they are completed and providing electricity.
Under former law, utilities could not collect CWIP during...