11/00: Indianapolis Power & Light extended an experimental pricing program
for an additional two-plus years. The pricing option program initiated in 1998
was to expire on October 18, 2001, but was extended to December 31, 2003.
07/00: The State Utility Forecasting Group, which was charged by the Indiana
General Assembly to investigate the electricity supply, predicted that over
the next 15 years, competition could lower prices in the short term, raise
them in the medium term, and level off in the long term. The State's investor-owned
utilities, American Electric Power and Northern Indiana Public Service Company,
were working on proposals to submit to the 2001 General Assembly that would
restructure the industry to allow retail competition.
07/98: Consumers of Indianapolis Power & Light were offered 3 billing
options. Consumers could choose a fixed rate, a fixed monthly bill based on
last years average bill, or a "green power" rate under an alternative
pricing plan approved in March by the Indiana Utilities Regulatory Commission.
05/97: Senate Bill 427 was enacted and created a legislative study committee
that would meet through November on electric restructuring issues. A report
was due in November 1997.