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State Approves CenterPoint Rate Hike


The move is expected to add about $16 to average electric bills until the company makes a new filing

CenterPoint Energy bills are going up again. WNIN’s John Gibson reports:

State regulators have approved a more than 200% increase in one of CenterPoint’s bill trackers.

The Indiana Utility Regulatory Commission approved the company’s request yesterday (Wed) to increase its "reliability cost and revenue adjustment" tracker.

It’s expected to add about $16 a month to the average residential electric bill, at least until a new filing is made.

The state’s Office of Utility Consumer Counselor recommended CenterPoint's requested increase be cut in half and spread out over a longer period of time, but the IURC decided to approve the hike as requested.