Indiana
For some Hoosiers, declining gasoline prices mean decreased summer electricity bills
Indiana – AES requested a reduction in energy costs from the Indiana Energy Regulatory Commission in March due to declining fuel prices.
The proposal was granted by state authorities, which will result in a 16.5%, or $23.09, reduction in the average residential customer’s monthly power bill, AES reported on Friday.
The new rate went into effect with the meter readings on May 31 and will appear on invoices for June, July, and August.
This year, AES Indiana has already submitted its second straight rate reduction to state regulators.
The Fuel Adjustment Charge will alter if a decrease or increase is allowed. That is the sum that AES and other utilities add to bills based on fuel and power purchases.
Higher fuel costs make it more expensive for AES to produce the power it sells, which typically results in a request to raise pricing. Lower fuel costs result in lower expenses, which eventually translate into lower rates for clients.
Residential customers who require assistance with their electricity bill payments can get it from AES.
-
Local News2 weeks ago
Farm Stop Collective Bloomington: Supporting regional farmers and food systems
-
Local News2 weeks ago
16 cops are promoted during the IMPD event
-
Local News2 weeks ago
56 years have passed since Kennedy’s speech and the assassination of Martin Luther King Jr.
-
Local News2 weeks ago
The leader of the Indiana House Democrats will run for mayor of Fort Wayne
-
Local News2 weeks ago
Parents and local authorities in Indianapolis respond to curfew
-
Local News2 weeks ago
Resolution on a Gaza ceasefire is passed by the city council, which also condemns antisemitic remarks made by the public
-
Indiana1 week ago
Health and Human Services increases loan forgiveness for OBs, midwives who practice in rural areas
-
Local News1 week ago
Police dog Kai from Indiana receives an armored vest
Leave a Reply