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The state recently approved the increase to help pay for new renewable energy projects as well as maintaining the company’s coal plants.
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Of the five major Indiana electric utilities, more than 19,000 households had bills that were past due in December and were eligible for assistance. More than 54,000 Hoosier households were on payment plans.
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More than 700,000 utility customers lost power in the wake of Wednesday's winter storm, mostly blamed on accumulating ice and high winds.
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The bill seeks to undo the effect of an Indiana Supreme Court decision involving the cost of cleaning up Duke Energy's coal ash waste.
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It would allow utilities to recover the cost of “unexpected events” that ended up being more expensive than what they budgeted for.
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House lawmakers approved a bill Tuesday aimed at lowering the cost of new housing.
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The war in Ukraine and the pandemic have dramatically driven up fuel costs. The highest recent fuel adjustment was by AES Indiana — where the average customer paid an extra $24 a month from September to November.
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Indiana households have more energy insecurity than all but seven states in the country. That’s according to a survey released this week by the Energy Information Administration.
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MISO, the agency responsible for maintaining electric power across 15 states and one province, is proposing 7 new transmission lines to help get more renewables onto the grid.
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Indiana Michigan Power announced it plans to decrease residents' fixed monthly charges by about 1 percent in May and another roughly 4 percent in January…