AES Indiana’s Petersburg Generating Station in Petersburg, Indiana puffs out smoke in this file photograph. (Robert Zullo/States Newsroom)
The Indiana Office of Utility Consumer Counselor on Wednesday recommended that state regulators deny AES Indiana’s request for a $193 million base rate increase — instead proposing a $21 million reduction in current rates.
The agency’s conclusions come after a three-month legal and technical review of testimony and exhibits in the pending case, which is before the powerful Indiana Utility Regulatory Commission…