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AES 2023 Rate Case

Pending Rate Case

All parties in the AES Indiana rate case, including the OUCC, have reached a settlement agreement.

  • The agreement was filed with the IURC on Nov. 22, 2023. If approved, it would increase the utility's total annual revenues by about 4.6% ($72.9 million).
  • The utility's initial request would have increased annual revenues by approximately 8.4% ($134.2 million).
  • In testimony filed on Oct. 12, 2023, the OUCC recommended limiting the increase to about 1.2% ($19.1 million).
  • The OUCC is the state agency - separate from the IURC - that represents all consumers in cases before the Commission.
  • All publicly filed documents in this case (Cause No. 45911) are available on the IURC's website.

Next steps:

  • Supporting testimony from the settling parties is due by Nov. 29, 2023.
  • An IURC settlement hearing is expected in December.
  • A Commission order is expected in early 2024.

Most rate cases take approximately 300 days to complete. The OUCC's timeline outlines the steps in the process.

Storm Outage Investigation Request

The OUCC and Citizens Action Coalition of Indiana have filed a petition with the IURC requesting an investigation to assess AES Indiana's practices and procedures for storm outage restoration.

  • The OUCC & CAC's joint July 12, 2023 news release has more information.
  • On July 25, 2023 the OUCC filed a reply brief to AES Indiana's response and included more than 40 consumer comments.
  • An IURC technical conference on the investigation request was held on Oct. 2, 2023.

The request is pending.