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The Citizens Action Coalition hosted a town hall at the downtown Monroe County library to prepare for next week’s public hearing on the proposed rate increase.
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Wabash Valley Resources intends to pipe and inject 1.67 million tons of carbon dioxide annually a mile below the area’s surface as part of its plan to produce “green” anhydrous ammonia fertilizer at a former coal gasification plant in Vigo County.
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NIPSCO had planned to close the R.M. Schahfer Generating Station coal plant this year, but said it was unable to do so due to supply chain shortages which prevented the company from adding more solar.
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Significant proportions of customers are in debt, with some facing service shut-offs.
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HB 1421 would allow utilities to recover the cost of natural gas plants as they’re being built — easing those costs into customers’ bills over a longer period of time.
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Several Indiana electric and gas utilities have asked the state’s permission to make big, temporary rate increases to adjust for the higher cost of fuel due to market disruptions.
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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 2023.