Rick Davis Releases October 11th Letter to the IURC Regarding Vectren

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Rick Davis

Oct. 11, 2011

Dear Indiana Utility Regulatory Commission:

Recently Vectren Energy Delivery announced its intention to request a fee increase charged to its residential customers. The fee increase is proposed to pay for a $32 million project at its power plant in Posey County, which is designed to increase efficiency in the the coal-fired generating plant.

Vectren already has the highest rates in the state of Indiana and their demand for a guaranteed 7.3% return is unrealistic in today’s economy. Families are struggling to make ends meet. Many people simply cannot afford yet another fee hike. Vectren’s rates are significantly higher than the second-place Indiana utility.

I also question the “fairness” of the proposed fee hike. “Why should the person living in an apartment or small house be asked to assume the same burden as someone living in a mansion? It is simply not fair. The person in the mansion benefits more from the use of less coal than the person in an apartment.

I feel that Vectren’s high rates are undermining Evansville’s competitiveness as a place to live and do business. Vectren’s rates have been escalating for the past decade to the level that they are significantly higher than our neighboring cities. It is time to put the brakes on this alarming trend because it is undercutting our ability to attract new business to Evansville.

Please let me know when the IURC will hold hearings for Vectren’s proposed fee increase. I also ask that you hold any such fee or rate increase hearing in the City of Evansville so our residents can testify without having to drive more than 3 hours to Indianapolis.

You may phone me at (812) 598-7123 or email me at pickrickdavis@mac.com if you have any information concerning the proposed Vectren fee hike. I also submitted this request via email.

Sincerely,

Rick Davis
2233 Bismark Ave.
Evansville, IN 47720

3 COMMENTS

  1. I remain a Davis supporter, but,
    I fail to understand this paragraph:

    “I also question the “fairness” of the proposed fee hike. “Why should the person living in an apartment or small house be asked to assume the same burden as someone living in a mansion? It is simply not fair. The person in the mansion benefits more from the use of less coal than the person in an apartment.”

    Is it just me?

    • Looks like he is suggesting sliding scale or some other socialist kind of rate scale so rich pay more per unit than poor people.

  2. I am a Davis supporter, I think he is closer to real problems and issues this city faces and might take a new approach to growing the city. But didn’t he take a 5,000 contribution from vectren? They aren’t going to like him speaking out. Or is that a rumor?

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