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Consumer advocates warn that BlackRock's potential purchase of AES could send utility rates even higher

INDIANAPOLIS — At a time when AES Indiana is already asking state regulators to approve a rate hike that would increase Hoosiers' electric bills by an average of $21 a month, some consumer advocates believe it may not stop there. "BlackRock is looking to make as much money as possible off of our backs by taking that money out of our wallets through the various ways that they can leverage that power," Ben Inskeep with the Citizens Action Coalitio…

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Fox 59 Indianapolis broke the news in Indianapolis, United States on Wednesday, October 15, 2025.
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