Group: Indiana Should Reject Vectren Plan for New Gas-Fired Plant
An Indiana consumer protection agency has told state regulators they should reject Vectren Corp.’s plan to build a new natural gas-fired power plant in the state. Vectren wants the plant to replace four of the utility’s retiring coal-fired units.
Indiana’s Office of Utility Consumer Counselor (OUCC) on August 13 said it completed a five-month legal and technical review of Vectren’s request. In a news release, the OUCC’s Bill Fine said, “Any electric utility that seeks to overhaul its generation fleet today must evaluate all possible options. It must also carefully examine the ways the options would impact its customers in terms of both money and electric reliability. In this case, Vectren has not evaluated all options or shown that it is proceeding in the most prudent manner.”
Evansville-based Vectren in a statement in response said it feels confident “that our generation plan is the best option for our electric customers in southwestern Indiana. The new natural gas plant will provide reliable, cleaner energy in addition to local jobs in Posey County.”…