Indiana utilities want to recover revenue due to pandemic

Indiana Michigan Power

Ten companies, including Indiana Michigan Power and Northern Indiana Public Service Co., filed the request Friday with the Indiana Utility Regulatory Commission.

Posted: May 12, 2020 6:53 PM
Updated: May 12, 2020 8:03 PM

INDIANAPOLIS (AP) — Indiana’s gas and electric companies are asking state regulators to allow them to recover lost revenue from customers due to the pandemic, but critics argue that it would burden struggling consumers even more.

Ten companies, including Indiana Michigan Power and Northern Indiana Public Service Co., filed the request Friday with the Indiana Utility Regulatory Commission.

SIGN UP FOR BREAKING NEWS ALERTS

Click here for ongoing Coronavirus coverage from FOX 55 News.

They want to charge customers for all “bad debt expense incurred” associated with an executive order that has suspended disconnections for nonpayment through June 4.

The petition stated that the pandemic is causing a “substantial adverse financial impact” on their business.

But companies did not provide any actual figures regarding loss in revenue or how much customer’s bills would increase if approved.

Building closures across the state has caused an overall downturn in energy use thus putting a financial strain on energy companies, the petitioners said.

Citizens Action Coalition of Indiana, a consumer group, called the request “unprecedented utility greed.”

“It is disgusting that during these unprecedented times, they are more concerned with quarterly stock reports than with the health, safety and well-being of the Hoosier communities and consumers which they serve,” Kerwin Olson said in a written response.

He is the organization’s executive director.

Essentially, utilities want to charge customers for energy that they did not sell, Olson added.

The Indiana Energy Association, a trade group that represents utilities, said the petition seeks to defer the fixed-cost portion of energy production “that enables companies to have power available around the clock.”

The association also cited that at least 29 other states have approved similar regulations to what Indiana utilities are seeking.

If approved, utility companies will have to track coronavirus related costs and make plans on how to recover their losses, which could include charging customers over time. Customers would not be impacted immediately.

A commission spokesperson said they could not comment on pending cases.

The Indiana Office of Utility Consumer Counselor announced Monday it is asking the state to investigate how companies will handle the pandemic’s impact on utility rates, services, and overdue utility accounts.

The agency also wants the state to extend the suspension of utility disconnections and waive all deposits and fees.

“This extraordinary and unprecedented situation calls for new protections to ensure that all Hoosiers have access to essential services, especially consumers who are suffering loss of income through no fault of their own,” Indiana Utility Consumer Counselor Bill Fine said.

You can read the full petition below.

Indiana Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 51612

Reported Deaths: 2760
CountyConfirmedDeaths
Marion12074693
Lake5650249
Elkhart361860
Allen2952134
St. Joseph214869
Hamilton1708101
Cass16459
Hendricks1466100
Johnson1345118
Porter84038
Tippecanoe7799
Vanderburgh7686
Clark71144
Madison67864
LaPorte62328
Howard60758
Bartholomew60145
Kosciusko5824
Marshall5579
Noble52028
Boone49144
LaGrange48610
Jackson4783
Delaware47552
Hancock46836
Shelby45925
Floyd41444
Monroe34828
Morgan34531
Grant32226
Dubois3096
Montgomery29820
Henry29618
Clinton2903
White27610
Dearborn26523
Warrick26129
Vigo2588
Decatur25632
Lawrence25225
Harrison21822
Greene19632
Miami1942
Jennings17912
Putnam1738
DeKalb1694
Scott1659
Wayne1586
Daviess15117
Perry14910
Steuben1382
Orange13723
Jasper1362
Ripley1347
Franklin1288
Gibson1242
Wabash1163
Carroll1142
Starke1083
Whitley1076
Fayette1067
Newton10110
Huntington942
Jefferson872
Wells821
Randolph804
Fulton731
Jay720
Knox710
Washington681
Pulaski661
Clay645
Rush623
Posey610
Spencer571
Owen521
Benton510
Sullivan501
Adams491
Brown431
Blackford402
Fountain362
Crawford330
Switzerland320
Tipton321
Parke270
Martin260
Ohio230
Vermillion200
Warren151
Union140
Pike120
Unassigned0193

Ohio Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 65592

Reported Deaths: 3058
CountyConfirmedDeaths
Franklin12035447
Cuyahoga9208399
Hamilton6950208
Lucas3007306
Marion274839
Montgomery251336
Summit2351209
Pickaway222741
Mahoning1948239
Butler186347
Columbiana138560
Stark1225116
Lorain115269
Trumbull105378
Warren100926
Clark81610
Delaware72415
Fairfield69217
Lake60923
Tuscarawas60910
Medina58932
Licking58312
Belmont57024
Miami51031
Portage50260
Clermont4977
Wood49451
Ashtabula44844
Geauga42843
Richland3786
Wayne37355
Allen36641
Greene3469
Mercer30210
Erie28622
Holmes2615
Darke25926
Huron2472
Madison2229
Ottawa19324
Sandusky16915
Athens1671
Ross1483
Washington14620
Coshocton1424
Putnam14215
Crawford1415
Hardin12312
Morrow1211
Jefferson1152
Auglaize1114
Muskingum1041
Union1021
Preble911
Clinton892
Monroe8917
Hancock861
Lawrence860
Guernsey813
Hocking819
Williams762
Shelby754
Logan711
Scioto710
Carroll703
Ashland682
Fulton670
Brown631
Wyandot635
Champaign551
Fayette550
Knox551
Defiance543
Highland531
Van Wert491
Perry461
Seneca412
Henry350
Paulding320
Jackson300
Pike290
Adams261
Vinton232
Gallia211
Harrison141
Noble140
Meigs130
Morgan110
Unassigned00
Fort Wayne
Clear
63° wxIcon
Hi: 82° Lo: 58°
Feels Like: 63°
Angola
Clear
61° wxIcon
Hi: 80° Lo: 58°
Feels Like: 61°
Huntington
Few Clouds
61° wxIcon
Hi: 81° Lo: 57°
Feels Like: 61°
Decatur
Clear
61° wxIcon
Hi: 81° Lo: 57°
Feels Like: 61°
Van Wert
Clear
61° wxIcon
Hi: 82° Lo: 57°
Feels Like: 61°
Dry start to the work week
WFFT Radar
WFFT Temperatures
WFFT National

Community Events