Customers Invited to Comment on IPL Rate Increases at Public Hearings

INDIANAPOLIS — If you would like to comment on Indianapolis Power & Light Company’s (IPL’s) proposed $1.2 billion electric infrastructure improvement plan, with corresponding rate increases, you have the chance to do so at two public hearings. The first will be held on Tuesday, Sept. 3 at the New Augusta Public Academy North Auditorium, 6450 Rodebaugh Rd., and the second will be Tuesday, Sept. 10 at the University of Indianapolis Schwitzer Student Center Hall A, 1400 E. Hanna Ave. Both meetings will be held at 6 p.m. Everyone is encouraged to come at 5:45 p.m. to review IPL’s proposals.
The Indiana Office of Utility Consumer Counselor (OUCC), the state agency representing consumer interests in cases before the Indiana Utility Regulatory Commission (IURC), is scheduled to file testimony on Oct. 7.
At each IURC field hearing, consumers will be able to speak directly to the Commission, under oath and on the record, regarding the case. Commissioners are not allowed to answer questions about the case. However, OUCC staff will be available before, during, and after the hearing to address questions about the process.
IPL has filed its infrastructure plan with the IURC, as allowed by a state law that received legislative approval in 2013 and was modified earlier this year.
The rate increases – under a Transmission, Distribution, and Storage System Improvement Charge (TDSIC) mechanism – may not exceed two percent of the utility’s total retail revenues annually.
If the seven-year plan is approved by the IURC, IPL’s first TDSIC rate increase of about 0.8 percent would take effect in 2020. Estimated TDSIC rate increases from 2020 through 2026 would vary each year, ranging between 0.8 percent and 1.3 percent annually.
Additional parties that have intervened in the case include the Citizens Action Coalition of Indiana and a group of IPL’s industrial customers (including Allison Transmission, Eli Lilly and Company, Ingredion, Messer, and Praxair Surface Technologies). Any testimony from intervenors is also due on Oct. 7, 2019.
Consumers who wish to submit written comments for the case record may do so via the OUCC’s website at www.in.gov/oucc/2361.htm, by e-mail at uccinfo@oucc.IN.gov, or by mail at: Consumer Services Staff, Indiana Office of Utility Consumer Counselor, 115 W. Washington St., Suite 1500 South Indianapolis, IN 46204