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CenterPoint Energy seeks approval for 400 megawatts of renewable energy serving southwestern Indiana
- Renewables represent the next component of company s Smart Energy Future Plan
- CenterPoint Energy selects Posey County for 300-megawatt solar array build
- Company plans to purchase 100 megawatts in additional generating capacity from third-party solar project in Southwestern Indiana
- Agreement seeks to reduce long-term commodity price fluctuation for customers
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EVANSVILLE, Ind., Feb. 23, 2021 /PRNewswire/ CenterPoint Energy (CNP) today announced its Indiana-based electric and natural gas business, CenterPoint Energy Indiana South, is seeking approval from the Indiana Utility Regulatory Commission (IURC) to enter into an agreement on the acquisition of a 300-megawatt (MW) solar array as part of the company s long-term electric generation transition plan announced in June 2020. The company is also requesting approval t
OUCC recommends lower Vectren rate change
OUCC recommends lower Vectren rate change By 14 News Staff | February 19, 2021 at 7:24 PM CST - Updated February 19 at 7:25 PM
EVANSVILLE, Ind. (WFIE) - The Indiana Office of Utility Consumer Counselor wants CenterPoint Energy to back off a requested rate increase for Vectren customers.
Seven witnesses have filed testimony with the Indiana Utility Regulatory Commission following a review of the request.
Right now, Vectren South bills include a flat, monthly charge of $11 for natural gas service. While the OUCC recommends a charge of $16.50, Vectren has requested an increase to $35.
On the other side of the coin, the OUCC recommends eliminating a monthly $14.10 charge for infrastructure improvements.
MERRILLVILLE â Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), announced recently plans to retire two coal-fired units representing half of its R.M. Schahfer Generating Station capacity in Wheatfield, by the end of 2021.
The retirements are part of NIPSCOâs broader, long-term electric generation strategy and customer-centric plan referred to as âYour Energy, Your Future.â The strategy outlines the companyâs plans to become 100% coal-free by 2028, while transitioning to reliable, lower-cost and more sustainable energy options. NIPSCO projects the transition will result in an estimated $4 billion in cost savings over the long term.
The Schahfer Generating Station coal-fired units 14 and 15, designated for retirement this year, are among the oldest in NIPSCOâs fleet, having been in service since 1976 and 1979 respectively.