The Indiana office of utility consumer counselor is accepting public comment regarding a Vectren Energy request to increase utility rates for improvements in the transmission and storage of natural gas in Indiana. The OUCC is a separate agency from the Indiana Utility Regulatory Commission which oversees monopoly utilities in Indiana. When a regulated utility seeks a rate increase it brings its case to the IURC, which is required to balance utility interests with consumer interests. The OUCC has a team of attorneys economists and engineers to file testimony and make recommendations on behalf on consumers. Vectren has filed a request seeking approval of a seven year plan for infrastructure improvements and approval of rate adjustments every six months to reflect the costs of the project. OUCC spokesman
All consumer comments are reviewed by OUCC’s technical staff and attorneys, and the testimony of all public comments are filed into the formal case record as evidence. While government regulated utility companies do have the right under Indiana law to pass costs of infrastructure improvements on to the consumer, the IURC and the OUCC are tasked with making sure those rates remain fairly balanced.
Regulations on utility services began when nationwide railway networks were being developed. Utility companies are uniquely regulated because the unique nature of delivering their “product” typically ensures a monopoly on that service, and an opportunity for abusing that monopoly if the government does not ensure that prices remain fair.
Consumers can view Vectren utility’s full testimony and exhibits online on the OUCC website, under the heading “We are reviewing Vectren gas infrastructure plans.” Written comments can be submitted directly on the website, or by email, fax, and postal mail.