Leaders 'alarmed' at settlement filed in CenterPoint rate hike proposal
CenterPoint Energy and a couple other groups have filed a settlement in their proposed rate hike case.
Stay updated with breaking news from Director Kerwin Olson. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
CenterPoint Energy and a couple other groups have filed a settlement in their proposed rate hike case.
Electric bills for Indianapolis area residents were expected to go up by more than $17 a month. Now, that increase could be less than $10 a month. Thats according to a settlement AES Indiana reached between consumer advocates, the city of Indianapolis, and companies like Walmart and Rolls Royce.
The storms last week and weekend left some Hoosiers without power for days. Duke Energy and AES Indiana said they did their best to restore power after an unprecedented amount of damage.
NIPSCO customers will start paying more for their electricity later this year but the rate increase won’t be as much as the Northern Indiana Public Service Co. asked for last year.
When the gas tax increase of 2017 became law, Indiana’s tax per gallon wasn’t keeping up with the state’s infrastructure needs. Passenger cars and light trucks were more fuel efficient