Staff Report

INDIANAPOLIS – The Indiana Utility Regulatory Commission on Monday, June 29, denied a joint utility petitioners’ request for a rate hike to offset lost revenue during the pandemic.

In May, Duke Energy, Indianapolis Power & Light and eight other Indiana electric and gas companies petitioned the commission for permission to recover revenue shortfalls.

Additionally, the Commission decided to temporarily extend the moratorium on utility service disconnections through Aug. 14.

“Temporarily prohibiting disconnections until August 14, 2020, is a balanced solution that allows both customers and utilities additional time to enter into reasonable payment arrangements to address any arrearages that may have accumulated and maintain essential utility services for the benefit of all customers, the utilities, and other stakeholders,” the order said.