Manufacturing News
June 30, 2026
June 30, 2026 · Statewide · Story 1 of 3
IURC Leadership Shakeup Leaves a Structural Gap on the AES Rehearing
On June 17, the IURC voted 3-1 to approve a $71 million AES Indiana rate increase, about 37% of the utility's original $193 million request. Braun called the decision unacceptable and directed Office of Utility Consumer Counselor director Abby Gray to petition for reconsideration and rehearing, with a filing deadline of July 7. On June 29, Braun removed Zay as chairman and installed Swinger immediately.
The problem operators should know about: Swinger recused himself from the original AES vote and from the separate Duke Energy overcharge appeal (Cause No. 46038) because of his prior work at the OUCC. The commissioner Braun installed to protect ratepayers cannot vote on either of the two cases that prompted his appointment. The underlying AES settlement also set a 4.12% base rate increase for large industrial customers, including Allison Transmission, Eli Lilly, Rolls-Royce, and Marathon Petroleum, versus 6.51% for residential customers, a gap Braun's affordability messaging hasn't addressed.
- For the huddle
If our facility is in AES Indiana's service territory, have we modeled both phases of the rate increase before they take effect?
The increase lands in two phases, July 2026 and January 2027, and no additional AES base rate changes are permitted before 2030. Confirm which rate tier applies to your facility before the July 7 rehearing deadline could alter that figure.
From the brief, June 30, 2026
- IURC Leadership Shakeup Leaves a Structural Gap on the AES Rehearing
- Lilly's Lebanon API Plant Wins a Federal Fast-Track
- Slate Automotive Advances in Warsaw While Cummins Pauses a $2B Battery JV
Related
- Indiana Foreign Trade Zone Tariffs Surge, Kratos Breaks Ground Near Crane, and Urschel Names a New President
- IURC Grants Eminent Domain for Boone County LEAP Transmission Lines to Blackstone-Backed Developer
- NIPSCO IURC Investigation Goes Official, Indiana Industrial Property Assessments Jump 25.8%, and Honda's Ohio Plant Opens a Supplier Window
Manufacturers Energy Grant Program
Free for Indiana manufacturers
Manufacturers from qualifying Indiana counties receive free, ongoing energy auditing and cost control that reduces their energy bills and keeps them low, month after month. Every line item checked and validated, every opportunity found comes with a step-by-step guide to capture it.
EDCs: sponsor this program and it carries your organization's name For economic developers →