Author Archives Laura Arnold

House Ways and Means to hear Utility Consumer Office Budget 1/25/11

Posted by Laura Arnold  /   January 25, 2011  /   Posted in 2011 Indiana General Assembly  /   1 Comments

Posting Time:01/24/2011 01:30 PM

Agenda for : House Ways and Means Committee

Tuesday, January 25, 2011

9:00 AM EST

Room 404 State House, Indianapolis, IN

Watch video from the House Ways & Means Committee 

Chairman : Espich

Vice-Chair : Crouch

Members :

Cherry Chair of Budget Subcommittee, Dermody Chair Higher Ed Sub, Pond Chair Health & Medicaid Sub, M. Smith Chair Tax Sub,Thompson Chair K-12 Sub, Baird, Clere, Karickhoff, Kubacki, Leonard, McClain, Truitt, Turner, Ubelhor.

Crawford R.M.M., Candelaria Reardon, Goodin, Kersey, Klinker, Moses, Pelath, Pryor, Welch.

Budget Hearing Schedule

9:00 AM - 9:45 AM IN Economic Development Corporation

9:45 AM - 10:15 AM Tobacco Master Settlement Fund Overview (SBA/AG)

10:15 AM - 11:00 AM Department of Health

11:00 AM - 11:30 AM Office of Utility Consumer Counselor (OUCC)

Indiana House Ag to hear HB 1193 to establish 10% tax credit for farm building insulated curtains on 1/25/11

Posted by Laura Arnold  /   January 25, 2011  /   Posted in 2011 Indiana General Assembly, Uncategorized  /   No Comments

Posting Time:01/20/2011 12:00 PM

 Agenda for : House Agriculture and Rural Development Committee

Tuesday, January 25, 2011

8:30 AM EST

Room 156-C, State House, Indianapolis, IN

Chairman : Lehe

Vice-Chair : Bacon

Members :

Baird, Davisson, Friend, Frye, Gutwein, Knollman.

Pflum R.M.M., Battles, Cheatham, Goodin, Grubb.

Hearing :

HB 1386 Commercial feed certification. (Lehe, Baird)

HB 1387 Commodity market development councils. (Lehe, Baird)

HB 1193 Tax credit for farm building insulated curtains.(Lehe)

Digest: Tax credit for farm building insulated curtains. Provides a tax credit against state tax liability for expenditures by a farmer for insulated curtains installed in a farm building located in Indiana. Provides that the amount of the tax credit is 10% of the cost of the insulated curtains and associated installation costs.

NOTE: The insulated curtain must have an R-value of at least three (3). 

HB 1091 Exempt farm drainage components from sales tax.(Gutwein, Cherry)

MEETING CANCELED: Indiana Senate Panel to hear SB 512 to create annual utility rate reviews on 1/27/11

Posted by Laura Arnold  /   January 24, 2011  /   Posted in 2011 Indiana General Assembly, Uncategorized  /   No Comments

UPDATE *** MEETING  CANCELED*** Posting time 1/26/11 @ 10 am

Posted @ Monday, January 24, 2011 16:29 55 by Indiana State Senate

Agenda for : Senate Utilities & Technology Committee

Thursday, January 27, 2011

10:00 AM EST

Room 233, State House, Indianapolis, IN

Chairman: Merritt

Members:

Leising R.M., Gard, Kruse, Schneider, Tomes, Yoder

Randolph R.M.M., Breaux, R. Young

For more information on members of the committee visit: http://indianadg.wordpress.com/indiana-general-assembly/

Hearing :

 SB 0512 Annual utility rate reviews. (Merritt)

Digest of Introduced Bill:  Annual utility rate reviews. Authorizes certain utilities to elect to have an annual rate review. Establishes the timing and form of the election. Requires a utility that elects to have annual rate review to submit an annual forecast report and an annual reconciliation report. Specifies the contents of the reports. Provides that an interested party may request an evidentiary hearing before the utility regulatory commission approves an election or an annual reconciliation report. Provides that certain rate adjustment mechanisms may be suspended during the period in which an election is in effect. Makes conforming amendments.

Indiana Michigan Seeking Wind Energy Proposals

Posted by Laura Arnold  /   January 24, 2011  /   Posted in Uncategorized  /   2 Comments

MEDIA CONTACTS:

David Mayne

I&M Communications

(260) 425-2109

demayne@aep.com

FOR IMMEDIATE RELEASE

FORT WAYNE, Ind., Jan. 24, 2011 – Indiana Michigan Power (I&M), an operating unit of American Electric Power (NYSE: AEP), has issued a request for proposals (RFP) for 100 megawatts of wind energy for use by its customers from a facility to be built in the I&M service territory. The wind project is expected to be operational by the end of 2012.

Subject to regulatory approval from the Indiana Utility Regulatory Commission and the Michigan Public Service Commission, I&M intends to have a 50 percent ownership interest in the project and enter into a long-term power purchase agreement with the successful bidder for the remaining 50 percent of the power generated from the wind facility. I&M currently purchases a total of 150 megawatts of wind power from the Fowler Ridge Wind Farm located in Benton and Tippecanoe Counties in Indiana.

Potential bidders are required to pre-qualify to submit a proposal into this RFP. Pre-Qualification forms are due on or before Feb. 2. A copy of the RFP is available at http://www.indianamichiganpower.com/go/rfp, and questions about the qualification process may be sent by e-mail to I&MWindEnergyRFP2011@aep.com

___

Indiana Michigan Power (I&M) is headquartered in Fort Wayne and serves more than 582,000 customers in Michigan and Indiana. It operates 3,595 MW of coal-fired generation in Indiana, 2,110 MW of nuclear generation in Michigan and 22 MW of hydro generation in both states. The company also provides its customers 150 MW of purchased wind generation. I&M is a unit of American Electric Power (AEP), which is one of the largest electric utilities in the United States, delivering electricity to more than 5 million customers in 11 states. AEP ranks among the nation’s largest generators of electricity, owning more than 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation’s largest electricity transmission system, a nearly 39,000-mile network that includes more 765 kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP’s transmission system directly or indirectly serves about 10 percent of the electricity demand in the Eastern Interconnection, the interconnected transmission system that covers 38 eastern and central U.S. states and eastern Canada, and approximately 11 percent of the electricity demand in ERCOT, the transmission system that covers much of Texas. AEP’s utility units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas). AEP’s headquarters are in Columbus, Ohio. Additional information about I&M is available at http://www.IndianaMichiganPower.com

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You can download this press release here:  I&M WIND RFP_NR[1]

Indiana Senate Utilities Committee to Hear SB 102 on 1/20 to Allow Utility Recovery of Federally Manadated Costs

Posted by Laura Arnold  /   January 19, 2011  /   Posted in 2011 Indiana General Assembly, Federal energy legislation, Uncategorized  /   No Comments

Agenda for : Senate Utilities & Technology Committee

DATE: Thursday, January 20, 2011

TIME: 10:00 AM EST

PLACE: Room 233, State House, Indianapolis, IN

Chairman : Merritt

Members:

Leising R.M., Gard, Kruse, Schneider, Tomes, Yoder,

Randolph, R.M.M., Breaux, R. Young

Hearing : SB 0102 Utility recovery of federally mandated costs. (Gard, Merritt, Hume)

Digest: Utility recovery of federally mandated costs. Requires the Indiana utility regulatory commission to allow an energy utility to recover certain federally mandated costs through periodic retail rate adjustment mechanisms.

Here is the full text of the bill:

SOURCE: IC 8-1-2-6.9; (11)IN0102.1.1. -->     SECTION 1. IC 8-1-2-6.9 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]: Sec. 6.9. (a) As used in this section, "energy utility" has the meaning set forth in IC 8-1-2.5-2.
    (b) As used in this section, "federally mandated costs" means capital, operation, maintenance, depreciation, research and development, tax, or carrying costs that an energy utility incurs in complying with mandates that are, or with reasonable certainty will be, imposed on the energy utility by the federal government related to the following:
        (1) Environmental laws, rules, regulations, or consent decrees, including clean air standards and costs associated with:
            (A) reducing or offsetting the emission of greenhouse gases; or
            (B) the purchase of emission allowances.
        (2) Renewable portfolio or energy efficiency standards, including projects at existing generating facilities to allow for fuel switching, including the use of natural or substitute natural gas.
        (3) Participation in one (1) or more industry reliability organizations, including a regional transmission organization.
        (4) Transmission and distribution pipeline integrity and safety.
    (c) An energy utility may petition the commission to recover federally mandated costs through a periodic retail rate adjustment mechanism. If the commission finds, after notice and hearing, that an energy utility's proposed periodic retail rate adjustment mechanism reasonably complies with this section, the commission shall approve the periodic retail rate adjustment mechanism and authorize the timely recovery of federally mandated costs by the energy utility.
    (d) The commission shall adjust any changes in charges approved for an energy utility under section 42(d) or 42(g) of this chapter or IC 8-1-13-30(d), as applicable, to permit the energy utility to retain revenues resulting from a periodic retail rate adjustment mechanism approved under this section.
 
SOURCE: ; (11)IN0102.1.2. -->     SECTION 2. An emergency is declared for this act. 

HB 1160 introduced by Rep. Larry Lutz (R-Anderson) who chairs the House Utilities and Energy Committee appears to be identical to SB 102.

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