INDIANAPOLIS (AP) — Indiana regulators have rejected a rate hike that a utility sought to pay for Indianapolis’ electric car-sharing service’s charging stations.
Indianapolis Power & Light wanted the $16 million rate increase for a network of car-charging stations that the BlueIndy electric cars would use. BlueIndy is a partnership between Indianapolis and France-based Bollore Group, which makes the electric cars and their batteries.
The Indianapolis Star reports the Indiana Utility Regulatory Commission rejected the rate hike Wednesday, finding that all ratepayers should not have to pay for a car-rental service that only a small percentage use.
But the IURC did find that IPL could pass onto ratepayers $3 million in costs for extending power lines to the charging stations.
The utility has 20 days to appeal the decision.
Information from: The Indianapolis Star, http://www.indystar.com
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