Braun Challenges AES Rate Hike

Governor Mike Braun is fighting back against a $71 million electricity rate hike for AES Indiana, demanding a rehearing to potentially shield Hoosiers from higher bills. Though the approved increase is less than AES’s original $192 million request, consumer advocates opposed even a base rate rise. Braun, a vocal champion for affordability, recently signed legislation to reward or penalize utilities based on cost, and now his office is pushing regulators to reconsider — with $5 monthly hikes starting in July and another jump looming in January. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c0851c7fa3263b49