Candidate for Second Ward City Council E. L. “Lon” Walters Meets With IURC Regarding Vectren

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October 25, 2011

Candidate for Second Ward City Council E. L. “Lon” Walters Attends IURC Vectren Hearing in Indianapolis.

Evansville — October 25, 2011 — Not knowing there was a motion made to postpone the IURC pre-hearing on the Vectren rate increase Monday afternoon, E. L. Lon Walters went to Indianapolis to presents over 1,500 signatures he personally obtained against the Vectren rate increase to the IURC. Instead, Lon met with Aaron Schmoll, Administrative Law Judge for the Indiana Regulatory Commission and presented him with the following information:

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. I am a small business owner and in this economy, I cannot raise my rates without losing business. Yet we have a company with a monopoly like Vectren that can! Most families are struggling to make ends meet and many people simply cannot afford yet another rate hike. Vectren’s rates are 50% higher than any other Indiana utility.

Vectren’s high rates are undermining Evansville’s competitiveness as a place to live and do business. Just this past Saturday I talked to a mother who is planning to move to Henderson, Kentucky because of our high utility rates. She has reduced to the point that she has space heaters in each room and they only heat the rooms that are occupied. Vectren’s rates have been escalating for the past decade to the level that they are significantly higher than our neighboring cities. Across the river in Henderson County, Kentucky, the difference is in electric rates much greater than 50%. Lon Walters is asking the Indiana Utility Regulatory Commission to do the right thing, and put the brakes on this alarming trend because it is undercutting our ability to attract new business to Evansville.

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7 COMMENTS

  2. Not knowing there was a motion made to postpone the IURC pre-hearing on the Vectren rate increase Monday afternoon, I went to Indianapolis to presents over 1500 signatures I personally obtained against the Vectren rate increase to the IURC. Instead, I met with Aaron Schmoll, Administrative Law Judge for the Indiana Utility Regulatory Commission and presented him with the information above in the article:

    • Thank You LON! You have always demonstrated that you will do what is best for Evansville and you will go to all ends of the earth to get it done. These are text book examples of who we need on the council.

  4. Keep puttin a stick on Vectren Mr. Walters. We could all use some breaks with the lectric bill. How come Missy has been so quiet bout Vectren? Maybe she applied for a job there.

  5. I am a business owner who receives an additional Demand charge on my electric and gas bill each month. This started 4 years ago. My inquiries have left me at a loss. They are supposedly for amperage use over and above normal usage. This is done with a reading from a meter which has no record when read by the reader. It starts over every 15 seconds. This is not trackable and verifiable. How can this be a charge which is justified.

  6. Jerry, I am in the same boat as you are, I have had a demand meter on my business since day one. There is an additional dial they read to determine the demand rate.
    Demand – Rate for some larger customers are based on their
    highest usage with a defined period. The billing demand for
    electric is stated in kilowatts (kW) or kilovolt-amperes (kVA).

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