AES Indiana is monitoring weather conditions and prepared to meet the increased demand this week as a heat advisory has been issued by the National Weather Service through midnight on Thursday. The highest temperatures are forecasted for Wednesday and Thursday with heat indices for Marion County around 105°.
The AES Corporation (NYSE: AES) has named Ken Zagzebski SVP of AES, President and CEO of AES Indiana and Chairman of the AES Indiana Board. Ahmed Pasha, who recently served as acting President and CEO will continue as the US Utilities CFO.
AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), is continuing to make progress to restore power to its customers affected by Thursday’s devastating storm. More than 200 AES Indiana and contractor line crews, tree crews, underground crews, and in-office support personnel have been working safely throughout this effort and will continue to do so with the goal of being 90% restored by late Sunday and 100% restored by mid-day Monday, barring any other severe storms.
AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), is continuing to manage its storm response plan and focus on a multi-day restoration effort across Central Indiana where more than 81,000 customers were affected by yesterday’s severe storm. AES Indiana crews and contractors worked overnight and made significant progress. As of 1:00 PM, approximately 41,500 customers remain without power.
Today, AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), filed a petition for a regulatory rate review request with the Indiana Utility Regulatory Commission (IURC) to seek a rate increase to cover the rising operational costs and needs associated with serving its customers safely and reliably.
Today, AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), filed its quarterly Fuel Adjustment Charge (FAC) with the Indiana Utility Regulatory Commission (IURC), which will result in its third consecutive FAC decrease in customer bills.
The AES Corporation (NYSE: AES) and LineVision, Inc., today announced the launch of a joint project to assess how Grid Enhancing Technologies (GETs) may increase transmission capacity on the existing power grid. Through this pilot, the companies will gather data using Dynamic Line Ratings (DLR) to evaluate how LineVision can optimally integrate power from renewable energy sources.
AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), released its 2022 Community Impact Report today, detailing more than $2 million in investments in Central Indiana. The investment was distributed to 54 nonprofit organizations in Central Indiana with a focus on arts and culture, customer needs, economic development, education and workforce development, environment and diversity, equity, and inclusion.
AES Indiana will recognize several events and organizations through its window light display in April. AES Indiana's iconic LED window light display on its 10-story headquarters in downtown Indianapolis shines brightly each night to promote meaningful events and organizations impacting lives in Central Indiana. The hours for the window lights are from dusk to dawn.
April is Earth Month, a time to increase environmental awareness and encourage adoption of environmentally friendly, energy-efficient practices. To celebrate Earth Month, AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), is promoting new initiatives, partnerships and events that further the company’s message of safety first and its sustainability goals of powering efforts to support green customer options.
AES Indiana, a subsidiary of The AES Corporation (NYSE: AES) announced today that it has recently filed its quarterly Fuel Adjustment Charge (FAC) with the Indiana Utility Regulatory Commission (IURC). The FAC filing reflects expected falling fuel prices which will lower a typical residential customer bill by approximately $23.09 per month. This is the second consecutive decrease AES Indiana has filed with the IURC resulting in a decrease in customer bills.
AES Indiana reminds customers that Indiana’s Winter Disconnection Moratorium ends on March 15 and there are resources available to help customers with bill payment. Customers who need to make payment arrangements are encouraged to contact AES Indiana immediately and not wait until disconnection notices are distributed.
AES Indiana is offering customers resources and tools to understand and manage high winter energy bills. Fuel costs are among the factors impacting customer bills. Prices for natural gas and coal have incrementally increased over the past year and continue to add to customers' bills. Last month's cold temperatures and the Fuel Adjustment Charge (FAC) that AES Indiana is required to file quarterly have also placed additional financial pressure on customer bills this season. AES Indiana does not earn a profit on these rates.
AES Indiana, and various consumer parties, reached a unanimous settlement involving the forced outage of Eagle Valley Combined Cycle Gas Turbine, April 2021 to March 2022. As part of the comprehensive settlement, AES Indiana agreed not to recover $21 million of the $41.5 million deferred costs and will off-set an additional $6.8 million to customers in future rates. Additionally, the Company agreed that it will not earn a return on the outage repair costs in future rate cases.
Today, AES Indiana, a subsidiary of The AES Corporation (NYSE :AES) was announced as an Edison Electric Institute (EEI) Emergency Response Award recipient for its mutual assistance in the wake of Hurricane Ian. Presented to EEI member companies twice a year, the Emergency Response Awards recognize recovery and assistance efforts of electric companies following service disruptions caused by extreme weather or other natural events.
AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), filed its 2022 Integrated Resource Plan (IRP) with the Indiana Utility Regulatory Commission today. This 20-year outlook charts a path to a smarter, greener energy future for the Indiana investor-owned utility and its customers through balanced and responsible transitions to low-carbon sources of energy.
AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), Edison Electric Institute (EEI) and Utilities United Against Scams (UUAS) are proud to support the seventh annual Utility Scam Awareness Day. The advocacy campaign launches today and highlights more than 140 electric, water and natural gas utilities and their trade associations to raise awareness of common utility scams. Additionally, with the holiday season we encourage customers to be extra cautious to protect themselves against scams.
After months of analysis and stakeholder engagement, AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), is nearing the completion of its 2022 Integrated Resource Plan process. In the fifth and final Public Advisory Meeting held Oct. 31, AES Indiana completed the remaining pieces of the IRP scorecard and presented a Preferred Resource Portfolio with a short-term action plan and 20-year outlook.
AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), and Citizens Energy Group are joining to educate Central Indiana residents about energy assistance programs and resources available to customers in preparation for winter-heating bills. Both utilities understand higher bills can be a financial challenge and are collaborating on a campaign to benefit the community.
Employees and leaders of AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), will spend Thursday, Oct. 20, working to improve, enhance and beautify Washington Park. AES Indiana Day in the Parks is the company’s signature community project and largest volunteer event annually.
AES Indiana, a subsidiary of the AES Corporation, and Buckingham Companies, announced today the completion of an energy efficiency effort that saved the full-service real estate firm more than $334,000 in energy savings products and rebates. The project is projected to save the company more than 2.4 million kWh annually. The companies will celebrate with a check presentation on Friday, October 7, 10:00 AM.
Each October, AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), recognizes National Energy Awareness Month to raise the importance of sustainability, promote energy efficiency tips for customers and acknowledge the critical role energy plays in our daily lives. AES Indiana wants to help you save energy and money by educating you on how your home uses energy. These energy efficiency tips and resources are just a few ways we can accelerate the future of energy, together.
The AES Corporation (AES), a Fortune 500 global energy company, is excited to announce the 2022 AES Energy Innovation Challenge. The Challenge is a competition that brings together teams of students from diverse backgrounds to create and present a solution to a relevant problem the energy industry is facing. Not only are we looking to challenge aspiring energy professionals, but we are also interested in exploring undiscovered solutions. Team application deadline is September 23, 2022.
AES Indiana is recognizing several events and organizations through its window light display during the month of September. AES Indiana's iconic LED window light display on its 10-story headquarters in downtown Indianapolis shines brightly each night to promote meaningful events and organizations impacting lives in Central Indiana. The hours for the window lights are from dusk to dawn.
AES Indiana, a subsidiary of the AES Corporation, and Christel House Academy West, announced today the completion of an energy efficiency effort that saved the charter school in Indianapolis more than $26,000 in rebates and incentives and is projected to save the school more than $22,000 in annual energy and maintenance costs.
AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), will host its fourth of five public advisory meetings in its integrated resource planning process Monday, September 19, 10 AM– 3 PM. The public is invited to register for and attend this virtual meeting to learn more about the 2022 Integrated Resource Plan (IRP) at aesindiana.com/integrated-resource-plan.
AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), reminds customers on National 811 Day to call 811 before you dig to help prevent injuries, property damage and utility outages. Whether you are a “do-it-yourself” homeowner or a contracted professional, before beginning late summer landscaping or home improvement projects, call 811 at least two full business days ahead of your scheduled start.
AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), announced today the strategic shift of two leaders who are transitioning into new and expanded roles to serve the customer and communications teams. Brandi Davis-Handy and Tanya Sovinski are focused on helping lead and accelerate efforts in Indiana and Ohio and dedicated to finding and communicating new and innovative solutions to help customers achieve their most important objectives of reliability, affordability, and sustainability.
Today, AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), launched a new digital platform for its commercial and industrial customers to manage their energy and save money through its Clean Energy Navigator.
Today, AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), launched a new technology that provides customers with increased visibility into infrastructure upgrades being made throughout Central Indiana as part of revAMP – a seven-year plan to invest $1.2 billion in the modernization of the electric grid.