Public hearings on AES Indiana rate hike set for this week
INDIANAPOLIS (WISH) — Two public meetings with the Indiana Utility Regulatory Commission will allow Indianapolis residents to speak on AES Indiana’s proposed rate hike.
The utility company has filed a regulatory rate review requesting a 13.5% increase in electricity rates for households consuming at least 1,000 kilowatt-hours per month.
The proposed rate hike is attributed to rising costs of materials and labor, infrastructure investments, and expenses related to tree trimming and storm responses. If approved, the rate increase would be implemented in two phases: a 7.5% increase in the second quarter of 2026, followed by a 6% increase in January 2027…