• Indianapolis Power & Light, one of the Hoosier State's largest utilities, will stop forming to agreements to buy additional power from customers who generate it from renewable sources such as wind and solar.
• IPL currently has agreements, some of which include 15-year contracts, to buy 2.2 megawatts of power from customers using renewable sources, costs are being cited in their move to curb more deals.
• Dave Menzer of the Sierra Club's Beyond Coal campaign criticized IPL's decision in an Associated Press report, calling it "clearly wrongheaded."

From the article:

One of Indiana's largest electric utilities has decided to stop agreeing to buy more power from customers who generate it from renewable sources such as solar and wind.

Indianapolis Power & Light said it has contracts to buy significant amounts of electricity from large wind farms and that it must be careful about spending too much on renewable sources because that power now costs more than traditional electricity generation, the Indianapolis Business Journal reported Monday (http://bit.ly/LbjCMv ). ...