The Indiana Office of Utility Consumer Counselor on Wednesday recommended that state regulators deny AES Indiana’s request for a $193 million base rate increase – instead proposing a $21 million reduction in current rates.

The agency’s conclusions come after a three-month legal and technical review of testimony and exhibits in the pending case , which is before the powerful Indiana Utility Regulatory Commission.

Freshly appointed Counselor Abby Gray said AES “has not demonstrated sufficient evidence” for a hike, noting that the utility filed its ask less than 14 months after nabbing approval in a previous rate case.

“My team is recommending additional reductions that would reduce the utility’s current rates and help lessen the burden on ratepayers,” Gray continued, in a news release.

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