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    Home»Editorials/Opinion»Letter to The Editor»Letter to the Editor: “Smart” Meters Halted by Regulators in Indiana
    Letter to The Editor

    Letter to the Editor:
    “Smart” Meters Halted by Regulators in Indiana

    May 22, 2015No Comments
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    logo_lettereditorInformation & Perspective by Warren Woodward
    (May 22, 2015)

    This is what it’s like to have real utility regulation.

    Duke Energy wanted to raise rates in Indiana in order to install $1.9 billion worth of “smart” meters and related paraphernalia. The Indiana Utility Regulatory Commission denied Duke Energy saying:

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    “In the absence of any sufficient evidence to support Duke’s cost estimates, even for the first-year projects in the T&D Plan, we cannot find that the estimated costs are the best estimate of the costs of the eligible improvements as required by Ind. Code § 8-1-39-10. It is not enough for Duke, or even [engineering consultants] Black & Veatch, to simply assure us that the costs estimates are reasonable or best estimates. Duke must estimate its costs with a sufficient level of accuracy and supply evidence to allow the other parties and the Commission to conduct their own independent analysis of the estimated costs.”

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