Give Now

Indiana Regulators OK Vectren’s Grid Upgrade, Rate Increases

The A.B. Brown Generating Station is a coal-fired power station owned and operated by Vectren near Mount Vernon, Indiana.

Photo: Wikimedia Commons

The A.B. Brown Generating Station is a coal-fired power station owned and operated by Vectren near Mount Vernon, Indiana.

Indiana utility regulators have approved Vectren Corp.’s seven-year plan to upgrade its electrical grid and pass those costs onto its customers through rate increases.

The Indiana Utility Regulatory Commission approved the Evansville-based utility’s plan Wednesday. The grid upgrade will include replacing underground cables and modernizing equipment across Vectren’s service area.

Vectren’s original upgrade plan would have cost $516 million. But that proposal was reduced to $446 million in a settlement with the Indiana Office of Utility Consumer Counselor and a group of industrial customers.

The Evansville Courier & Press reports that by the end of the seven-year upgrade plan, a typical Vectren residential customer will see electric bill increases of about $16 to $17 per month.

The company delivers electricity to about 145,000 customers in seven southwestern Indiana counties.

Want to contact your legislators about an issue that matters to you? Find out how to contact your senators and member of Congress here.

What is RSS? RSS makes it possible to subscribe to a website's updates instead of visiting it by delivering new posts to your RSS reader automatically. Choose to receive some or all of the updates from Indiana Public Media News:

Support For Indiana Public Media Comes From

Search News

Stay Connected

RSS e-mail itunes Facebook Twitter Flickr YouTube

Follow us on Twitter

What is RSS? RSS makes it possible to subscribe to a website's updates instead of visiting it by delivering new posts to your RSS reader automatically. Choose to receive some or all of the updates from Indiana Public Media News:

Recent Business & Economy Stories

Recent Videos

Find Us on Facebook