INDIANAPOLIS — The Indiana Office of Utility Consumer Counselor, the state agency that advocates for ratepayers, has petitioned for a recent AES rate increase worth $71 million to be reconsidered.
The OUCC has requested in the petition that the latest AES Indiana rate increase, which was approved on June 16, be reconsidered and that a rehearing in the case take place. The $71 million rate increase is around 37% of the total the utility originally requested.
The rate increase was approved last month as AES Indiana revealed that homes using 1,000 kilowatt-hours per month will not pay more than $5 additional dollars per month. The announcement comes after the commission approved a $71 million annual revenue increase, less than the $90 million in the partial settlement, leading to a “lower overall impact for customers.”…