Pending regulatory approval, Indianapolis Power & Light says their customers will see about a $5 a month increase in their bills.

Indiana's largest electric utility says the cut is related to federal tax changes, which reduced taxes for many investor-owned utilities.

The Indiana Utility Regulatory Commission approved a rate hike of $96.8 million instead of the $263 million the utility had requested.

Rep. David Ober (R-Albion) was Gov. Eric Holcomb's choice to join the five-member commission.

The Indiana Utility Regulatory Commission plans April 23 and May 7 public hearings on the proposals that could raise its residential power rates about 10 percent.

Republican Rep. David Ober of Albion is among the finalists for a seat on the Indiana Utility Regulatory Commission that oversees most of the state's electricity and natural gas companies.

The Office of Utility Consumer Counselor is recommending approval of a $125 million rate increase.

The Office of Utility Consumer Counselor is hearing public comments from Indianapolis Power and Light customers.

State regulators are encouraging central Indiana residents who live in the 317 telephone area code to begin using 10 digits, instead of seven, when making local phone calls starting Saturday.

Duke says its revised $1.83 billion plan complies with the Indiana Utility Regulatory Commission's request to explain its costs and confine modernization projects to its grid. But the consumer watchdog group Citizens Action Coalition says it will keep fighting the revised plan.