The Commission issued its Final Order today in AES Indiana's electric base rate case, Cause No. 46258, approving the October 2025 settlement agreement with two modifications that further reduced the authorized revenue increase. The Commission authorized a total revenue increase of $71,059,000, producing total annual operating revenues of $1,979,693,000 and a net operating income of $383,882,000. The Order was approved 3-1, with Commissioners Zay, Veleta, and Ziegner concurring, Commissioner Deig dissenting, and Commissioner Swinger not participating.

The Indiana Court of Appeals has struck down an order allowing Duke Energy Indiana to recover more than $60 million in coal ash cleanup costs through higher customer rates, ruling that the Commission impermissibly applied a 2023 statutory amendment retroactively.

Senator Mike Braun (R-IN) has submitted a letter to the Indiana Utility Regulatory Commission, urging them to reject AES Indiana's petition to repower Petersburg Generating Station's Units 3 and 4.