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AES 2023 Rate Case

2023-2024 Rate Case

The IURC issued a final order on Apr. 17, 2024 setting new rates and charges for AES Indiana. The OUCC's media release has more information.

In its order, the Commission approved a settlement agreement among all of the case's parties.

  • The agreement was filed on Nov. 22, 2023 and will increase the utility's total annual revenues by about 4.8% ($71.0 million).
  • The utility's initial request would have increased annual revenues by approximately 8.4% ($134.2 million).
  • In testimony filed on Oct. 12, 2023, the OUCC recommended limiting the increase to about 1.2% ($19.1 million).
  • The OUCC is the state agency - separate from the IURC - that represents all consumers in cases before the Commission.
  • All publicly filed documents in this case (Cause No. 45911) are available on the IURC's website.

Storm Outage Investigation Request

The OUCC and Citizens Action Coalition of Indiana have filed a petition with the IURC requesting an investigation to assess AES Indiana's practices and procedures for storm outage restoration.

  • The OUCC & CAC's joint July 12, 2023 news release has more information.
  • On July 25, 2023 the OUCC filed a reply brief to AES Indiana's response and included more than 40 consumer comments.
  • An IURC technical conference on the investigation request was held on Oct. 2, 2023.

UPDATE 4-17-2024: A final order was issued by the IURC on Apr. 17, 2024 dismissing the case.

5-6-2024