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Electricity Bills Could Fund Car-Sharing Program

In order to raise $16 million to launch an electric car-sharing program, the city of Indianapolis wants to increase electricity costs by 28 cents per month for Indianapolis Power & Light customers.

by Staff
September 3, 2014
Electricity Bills Could Fund Car-Sharing Program

The Bollore Group's Bluecars in Paris. Photo via Wikipedia.

1 min to read


The Bollore Group's Bluecars in Paris. Photo via Wikipedia.

In order to raise $16 million to launch an electric car-sharing program, the city of Indianapolis wants to increase electricity costs by 28 cents per month for Indianapolis Power & Light customers, according to a report by IndyStar.com.

The Indiana Office of Utility Consumer Counselor reached this agreement with city lawyers and the Indianapolis Power & Light, but it is still subject to review by the Indiana Utility Regulatory Commission, says the report.

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The rate hike would go into effect in 2017 and would apply until the city raises the $16 million to pay for the electric line hook-ups at charging stations in Mayor Greg Ballard’s BlueIndy car-sharing program, according to the report.

Running a similar car-sharing program in Paris, the Bollore Group plans to provide 1,000 plug-in electric cars for the BlueIndy program.

Click here for the full IndyStar.com report: http://www.indystar.com/story/news/politics/2014/08/21/reduced-rate-hike-fund-indy-car-share-program/14389323/

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