RP&L will implement rate hikes in 2021, 2022 and 2023 to reach a 7.23% increase in its revenue. Monday s vote ended more than a year s work for the utility s first rate increase since 2005.
RP&L originally sought increases to provide a 9.58% revenue boost; however, the Indiana Office of Utility Consumer Counselor, a state consumer watchdog group, thought RP&L needed only a 5.42% increase. The two sides compromised on the 7.23% increase that was then approved during January by the Indiana Utility Regulatory Commission.
The compromise also requires RP&L to visit its rate structure again no later than January 2026.
Because of the previous work, council approved the rate hikes Monday with no discussion. No members of the public attended the meeting in person or by video conference to speak either for or against the increases.
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.
Public hearing set for CenterPointâs proposed gas rate hike
Public hearing set for CenterPointâs proposed gas rate hike By 14 News Staff | January 26, 2021 at 9:22 AM CST - Updated January 31 at 10:59 PM
EVANSVILLE, Ind. (WFIE) - The Indiana Utility Regulatory Commission is scheduled to hold a public hearing for Evansville residents to comment about CenterPointâs proposed rate increase for gas utility service.
CenterPoint filed a petition for a new schedule of rates and charges for gas utility service.
That public hearing is set for February 1 at 6 p.m. local time.
A hearing will be held at the DoubleTree by Hilton in downtown Evansville where ratepayers will have the chance to speak directly to the Commission or submit written comments.
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State recommends slightly lower rate increase for city utilities after hearings
COLUMBUS, Ind. The Indiana Office of Utility Consumer Counselor is recommending a slightly lower rate increase than what Columbus City Utilities originally requested.
The OUCC filed four pieces of testimony Friday regarding the rate case. Utility analyst Thomas Malan wrote in his testimony that while city utilities has requested a 79.46% increase over the course of three phases, he and the office of the utility consumer counselor recommend an overall rate increase of 74.02% (while still utilizing a phase schedule).
“Columbus requests an overall 79.46% increase to generate $3,533,277 of additional operating revenue per year,” he wrote. “Columbus proposes this increase be implemented in three phases with a Phase 1 increase of 43.66%, a Phase 2 increase of 16.78%, and a Phase 3 increase of 6.97%.”