Electric bills for Indianapolis area residents were expected to go up by more than $17 a month. Now, that increase could be less than $10 a month. That’s according to a settlement AES Indiana reached between consumer advocates, the city of Indianapolis, and companies like Walmart and Rolls Royce.
The utility said the increase will pay for things like making its electric grid more modern and resilient, promoting job creation, expanding ways to pay bills and tree trimming.
The Citizens Action Coalition originally opposed the increase, but said the settlement is a good deal for consumers. Among other things, it bans shut offs on weekends and certain holidays, further delays disconnects for medically-fragile Hoosiers, and allows late fees for some lower-income customers to be waived once every 12 months. It’s not clear how long these changes will last.
Source: indianapublicradio.org
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Categories: Indiana, Rural Lifestyle