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NiSource was founded in 1912 as the Northern Indiana Public Service Company, which merged with several other companies to become the Columbia Gas and Electric Corporation. Under the Public Utility Holding Company Act of 1935 , Columbia was forced to reorganize its subsidiaries and eventually spun off its electric utilities, becoming the ...
AES Indiana (formerly Indianapolis Power & Light) ... Investor-owned utilities. Atlantic City Electric, a subsidiary of Exelon; Jersey Central Power and Light Company
The commission was established by the Indiana General Assembly as the Railroad Commission in the late 1800s to regulate the railroads in the state. [1] On March 4, 1913, Governor Samuel M. Ralston signed the Shively-Spencer Utility Act giving it the additional authority to regulate electric, natural gas, water, private sewer, and telephone utilities along with common carriers (trucking) and ...
Case history; Prior: 88 T.C. 964 (1987), affirmed by 857 F.2d 1162 (7th Cir. 1988): Holding; Because customers were entitled to a refund of their deposit, the utility lacked complete dominion over the funds, so the deposits did not constitute taxable income to the utility.
From 1996 to 1999, the FERC made a series of decisions which resulted in the restructuring of the U.S. electric utility industry. The FERC's intention in doing so was to open the wholesale power market to new players, with the hope that spurring competition would save consumers $4 to $5 billion per year and encourage technical innovation in the industry.
(Reuters) -U.S. President Donald Trump on Tuesday pardoned Silk Road founder Ross Ulbricht, who was sentenced to life in prison for running an underground online marketplace where drug dealers and ...
Most new employers in the state of Indiana start with a 2.5% unemployment tax rate unless your company is a construction company, successor company, or a government entity, at which point your tax rate is 2.53%, .5% to 9.4%, 1.6% respectively. [9] Indiana employers are required to pay unemployment taxes for any year in which they have employees ...
AES Indiana, formerly known as Indianapolis Power & Light Company (also known as IPL or IPALCO), is an American utility company providing electric service to the city of Indianapolis. It is a subsidiary and largest utility of AES Corporation , which acquired it in 2001.