Vectren welcomes review of gas, electric and coal filings - 14 News, WFIE, Evansville, Henderson, Owensboro

Vectren responds to Rockport City petition

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SPENCER CO, IN (WFIE) -

Vectren says it welcomes a review of its gas, electric and coal filings with the Indiana Utility Regulatory Commission. 

Vectren is responding to Rockport City officials who decided on Monday night to file a petition against the utility.

The issue is over a proposed coal to gasification plant near Rockport. The plant would mean jobs for the community.

Vectren says, if built, the plant would cost Hoosier natural gas customers more than $1 billion in the just the first eight years.

Last month we reported that Indiana lawmakers were taking another look at an earlier 30 year agreement to buy energy from the proposed plant.
 
Vectren released this statement:

"We welcome the review of our gas, electric and coal filings with the IURC. The coal allegation has been fully vetted and the commission supported Vectren's market-based actions. Those contracts have expired. We continue to be transparent with customers on our electric rates as our environmental investments have indeed increased bills. Finally, our natural gas costs are the second lowest in Indiana.

This is an obvious attempt to divert attention away from the proposed substitute natural gas plant in Rockport. If built, the Syngas Plant would cost Hoosier natural gas customers more than $1 billion dollars in just the first eight years. The Indiana Legislature is considering a fresh look at the scheme and we are hopeful legislators will act to take the financial risk off the backs of natural gas customers."

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