Business and Economy

Chris Light / Wikimedia Commons

The I-69 Ohio River Crossing (ORX) Project Team recently sent letters to 700 property owners letting them know the team will conduct non-invasive surveys and research on their property. 

The team is also checking bridges for signs of bats and examining the soil to determine the boundaries of wetlands.

2017 Census Data Show Mixed Results For Indiana

Sep 14, 2018
Wikipedia

The  U.S. Census Bureau released data Thursday from its 2017 American Community Survey. 

Jessica Fraser, director of the Indiana Institute for Working Families, said Indiana's results were a mixed bag, but for the most part, she was not surprised. 

“All of us thought that the poverty rates would go down a little," she said. "We thought wages would go up. We just didn’t know by how much.”

Your Vectren bill may go down $10 a month, thanks to lower taxes. 

The Evansville-based utility company says the Indiana Utility Regulatory Commission approved the final phase of an agreement between Vectren and various consumer groups to reflect decreases in natural gas and electric rates.

In a news release, Vectren said the decreases are the result of the federal income tax reduction prescribed in the Tax Cuts and Jobs Act of 2017. 

Isaiah Seibert / WNIN

A Supreme Court decision in June allowed states to charge a sales tax on vendors who don’t have a physical presence in the state, but the Indiana Department of Revenue isn’t quite sure how the decision will impact the state’s finances.

Department Commissioner Adam Krupp thinks he was invited to the state budget committee’s August meeting to talk about how much revenue the court’s decision in South Dakota vs. Wayfair will bring in.

But he said he doesn’t have an answer.

OUCC Recommends Against Vectren Proposal

Aug 13, 2018
Isaiah Seibert / WNIN

The Office of Utility Consumer Counselor (OUCC) has recommended that the Indiana Utility Regulatory Commission (IURC) deny a Vectren proposal under its consideration. 

Under the proposal, Vectren would shut down four of its five coal units and retrofit the fifth by 2023. It would replace the retired units with a natural gas plant in Posey County. The total projected cost is close to $900 million. 

The OUCC said Vectren’s proposal wouldn’t diversify its energy portfolio and leaves it vulnerable to higher natural gas prices.

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