On Wednesday, the Indiana Utility Regulatory Commission rejected the utilitys proposal for an 850 megawatt facility in the Evansville area.

The utility with about 302,000 Indiana customers is seeking a nearly 17 percent rate increase to help pay for more than $542 million of infrastructure investments.

The utility says the retirements are not yet final but are "the most viable option for customers" under a plan to be submitted to the Indiana Utility Regulatory Commission by Nov. 1

Indiana American Water has requested a nearly 17 percent rate increase to help pay for more than $542 million of infrastructure investments.

Duke estimates that by 2020, customers will save an average of about $7, or 5.6 percent, on their average monthly electric bill.

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.