A state commission is scheduled to vote Monday on CenterPoint Energy’s plan to raise electric rates in southern Indiana. WNIN’s John Gibson has the update:
The agenda from the Indiana Utility Regulatory Commission calls for a “final order” on CenterPoint’s rate request.
It would boost the average residential bill by about $35 a month.
For several years, CenterPoint customers were paying the highest electric bills in the state.
In a survey released last year, the IURC said southwestern Indiana was now paying the second-highest rates behind those served by Northern Indiana Public Service Company – or NIPSCO.
In its initial proposal, CenterPoint residential rates would increase as much as $50 a month.
A settlement proposed by the Texas-based utility company reduced the increase by about $15.
The settlement was not endorsed by the Evansville City Council or advocacy groups.
Monday’s vote comes nearly a year after an overflow crowd of ratepayers attended a public hearing at Old National Events Plaza.
78 people testified in front of commission members – 76 against and two neutral.
No one spoke in favor of the hike.
Monday’s meeting in Indianapolis can be watched on the IURC’s YouTube page at noon Central Time.