April 23, 2018

Public Hearing On Proposed IPL Rate Hike

stock photo

stock photo

Customers of Indianapolis Power and Light could soon see higher bills. The utility seeks a rate hike to cover higher operating and maintenance costs and to cover the costs of the newly built Eagle Valley Generating Station in Morgan County.

Citizens Action Coalition Executive Director Kerwin Olson says his group strongly opposed the new plant and the rate increase proposed to pay for it.

“This rate increase request by IPL we find especially punitive in the way they are designing their rates in terms of seeking more of that increase on a fixed monthly customer charge,” Olson says.

The increase would mean an extra $27 for those customers.

If approved by the IURC, new rates are expected to become effective by the first quarter of 2019. The general public will have two opportunities to provide input on IPL’s petition on Monday, April 23 at Arsenal Technical High School and on Monday, May 7 at New Augusta North Middle School. Both field hearings begin at 6 p.m.

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