Fee approved for Vectren to replace Indiana pipes - 14 News, WFIE, Evansville, Henderson, Owensboro

Fee approved for Vectren to replace Indiana pipes

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EVANSVILLE, IN (WFIE) -

Vectren has been given the green light from state regulators to raise natural gas rates.

Vectren asked for the extra revenue to replace more than 1,000-miles of aging natural gas distribution lines over seven years.

The company says the project is going to cost $865-million.

Utility officials say the update is needed to ensure the safety and reliability of its gas network.

The monthly fee will start in 2015 at about $1 for residential customers and rise to about $13 by 2021.

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