The OUCC is recommending a $68.1 million reduction to Indiana American Water Company's (INAWC’s) proposed rate increase. INAWC’s request would raise annual revenues by approximately 31.1% ($86.7 million) when fully implemented in April 2025. The OUCC’s recommendations would limit the increase to about 6.6% ($18.6 million).
Eleven OUCC witnesses filed testimony on July 21, following a 3 ½-month review of INAWC’s proposal. An IURC evidentiary hearing starts later this month with a Commission order expected in the winter. INAWC is the state’s largest investor-owned water utility.
The OUCC and Citizens Action Coalition of Indiana are requesting an IURC investigation to assess AES Indiana's preparations and managerial procedures for storm outage restoration. A June 29 storm caused numerous outages with some customers losing power for more than 5 days. The investigation request is pending.
The OUCC is also reviewing AES Indiana's pending rate request, which would raise annual revenues by approximately $134 million and increase the monthly bill for a residential customer using 1,000 kWh by $17.49.
Written consumer comments are invited through Oct. 5. IURC public field hearings are also expected at dates and times to be determined. The OUCC website will be updated with hearing information.
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