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IURC to re-examine Duke project amid ethics flap

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The Indiana Utility Regulatory Commission said it will review four years of cases regarding Duke Energy Corp.’s expensive Edwardsport coal-gasification plant amid a growing ethics controversy involving the company and state regulators.

The commission has also summoned Jim Rogers, the CEO of North Carolina-based Duke, to justify anew the need for the Edwardsport plant, during a hearing on Nov. 3.

In addition, the State Ethics Commission on Thursday filed formal charges against Scott Storms, the IURC former top attorney, for negotiating a job with Duke even as he participated in decisions regarding Duke and its Edwardsport plant. That behavior violates state conflict-of-interest statutes, the complaint alleges.

The Ethics Commission had initially OK’d attorney Storms’ September switchover to work at Duke.

Storms’ contact with Duke officials emerged in e-mails discovered in a probe by Gov. Mitch Daniels’ office, according to Duke. Daniels fired former IURC Commissioner David Hardy on Oct. 5 over the matter and Duke placed its Indiana CEO on administrative leave.

Now, the IURC has opened up its own investigation into the ethics flap, the commission announced Thursday.

Duke’s Edwardsport plant has been controversial as the costs for building it have climbed to $2.9 billion from initial estimates near $1.5 billion. In July, Storms signed off on Duke’s request to pass those costs on to customers.

The Edwardsport plant is already about 70 percent complete, and Duke recently reached a settlement with consumer groups to cap the plants costs at $2.975 billion. Those costs, when passed on to Duke customers, would raise their bills by about 16 percent between now and 2013.

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  • "Flap" devalues the story
    This is a major story that probably costs ratepayers millions and the IBJ uses the shallow, devaluing term "flap" as if it were a non-serious situation.
  • Interesting, but...
    ....didn't I read about all this stuff in the Indy Star?

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  1. Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.

  2. Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.

  3. I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.

  4. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  5. I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!

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