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Indiana’s largest electric utility is asking state regulators to approve almost $500 million in new rate increases. This is the second price hike request since 2019 and would raise the average consumer’s bill by about $27.
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According to the International Atomic Energy Agency, anything above 300 megawatts but below 700 megawatts would actually be considered a “medium” nuclear reactor. But the federal government doesn’t have a strict definition.
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Among other things, it encourages them to pass bills that reduce barriers to building power lines and other transmission projects, create programs to redevelop closed coal plants and mines, and expand the use of electric rates based on time-of-day — to lower the demand for energy and the need for new power plants.
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Consumers had originally asked for permission to add a total of $278 million in additional charges to customers. The settlement brings that number down to $170 million. The average Consumers residential customer will see rates increase by 5.8%.
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As we get more warm weather and heavy rain events in Indiana, we could see more toxic algae blooms — making fish sick, closing public beaches, and…
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A state energy task force heard testimony in favor of charging some utility customers more when energy demand is at its peak and less when it’s low. This…
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South Bend utility rates will rise over the next five years following a common council decision Monday night. However, not all rates will rise…