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Duke Energy
Sudden Duke Energy CEO shift puts Rogers in spotlight
July 9, 2012
IBJ Staff and Bloomberg NewsThree former board members of Progress Energy Inc. said they would have voted against Duke's $17.8 billion takeover offer
had they known Rogers would remain in charge of the combined companies.
MoreRogers stays in charge at Duke Energy after CEO resigns
July 3, 2012
Bloomberg NewsDuke Energy Corp. on Tuesday unexpectedly announced the resignation of Bill Johnson, previously named to be the CEO after
its $17.8 billion takeover of Progress Energy Inc. James Rogers has been named CEO of the merged companies effective immediately.
MoreDuke foes skeptical about Edwardsport price tag
June 30, 2012
Chris O'MalleyUtility denies claim it is trying to sidestep $2.6 billion cap on costs that can be passed along to ratepayers.
MoreN.C. regulators clear hurdle to Duke-Progress merger
June 29, 2012
Associated PressNorth Carolina utility regulators have approved the merger of Duke Energy and Progress Energy, the last major hurdle to creating
the largest American electric company.
MoreState, utility plan cleanup of long-closed gas plant
May 29, 2012
Associated PressIndiana's environmental agency and Duke Energy Corp. are moving ahead with the cleanup of a long-closed manufactured-gas
plant in Shelbyville.
MoreUtilities, public clash on tree-trimming policies
May 19, 2012
Indianapolis Power & Light, others say money is at stake if tighter controls are enforced.
MoreDuke Energy profit falls on Indiana plant settlement
May 4, 2012
Bloomberg NewsDuke Energy Corp. said first-quarter profit fell 42 percent after a regulatory settlement in Indiana increased costs and mild
weather reduced heating demand.
MoreIndiana announces proposed Duke Energy settlement
April 30, 2012
Associated PressDuke Energy Corp. has agreed to cap the cost of its troubled coal-gasification plant in southwestern Indiana at $2.6 billion,
or about $700 million less than the expected cost of construction, as part of a proposed settlement announced Monday.
MorePlant upgrades might cost IPL nearly $1 billion
April 28, 2012
Chris O'MalleyNew federal mercury-reduction regulations may force Indianapolis Power & Light to spend nearly $1 billion to upgrade its
coal-fired electric plants scattered around Indiana. Duke Energy is mulling everything from plant upgrades to shutting down
older units.
MoreGrand jury indicts former state utilities chief Hardy
December 12, 2011
Chris O'MalleyDavid Lott Hardy, who was fired from his job as chairman of the Indiana Utility Regulatory Commission in 2010, is accused
of official misconduct.
MoreIndiana plant a drag on Duke Energy earnings
November 3, 2011
Associated PressDuke Energy Corp.'s third-quarter earnings tumbled 30 percent, the company said Thursday, with energy consumption falling
at the same time that costs rose unexpectedly for a new plant in Indiana.
MoreEthics scandal costs Duke Energy in two rulings
October 19, 2011
Chris O'MalleyA 2010 ethics scandal involving the former chief legal counsel for the Indiana Utility Regulatory Commission has come back
to bite the state's biggest electric utility.
MoreDuke to begin razing state's oldest coal plant
September 26, 2011
Associated PressDuke Energy Corp. is preparing to demolish a coal-fired power plant that's Indiana's oldest electricity-generating
plant of its kind.
MoreCritics seek conditions on Progress-Duke Energy merger
September 20, 2011
Associated PressCharlotte-based Duke Energy and Raleigh-based Progress Energy want to combine into one company with more than 7 million customers
in the Carolinas, Florida, Kentucky, Indiana and Ohio.
MoreFuture of western Indiana power plant in doubt, Duke says
September 16, 2011
Associated PressDuke Energy expects to close much of a coal-powered generating plant in western Indiana within the next few years.
MoreDuke turns second-quarter profit on higher revenue
August 2, 2011
Bloomberg NewsDuke Energy Corp., which is buying Progress Energy Inc. to become the largest U.S. utility owner, on Tuesday reported a second-quarter
profit after a year-ago loss.
MoreDuke ignored water issue at Indiana plant, consultant says
July 29, 2011
Chris O'MalleyUtility officials waited seven months to act on hazardous water concerns during construction of its costly Edwardsport plant
and banked on winning an exemption, which the EPA later denied.
MoreConsumer group accuses Duke of 'gross mismanagement'
July 15, 2011
Chris O'Malley"Gross mismanagement" and improper communications with ex-regulatory chairman are among evidence in testimony to make Duke,
rather than ratepayers, swallow major cost overruns at Edwardsport power plant.
MoreAgency: Duke customers shouldn't pay $530M in overruns
July 8, 2011
Chris O'MalleyThe Indiana Office of Utility Consumer Counselor has filed a blistering rebuke of Duke Energy Corp. for the high cost of its
Edwardsport coal-gasification plant and has asked regulators to deny Duke’s request to charge ratepayers $530 million
for cost overruns.
MoreDuke uncertain about impact of Indiana unit shutdown
June 6, 2011
Associated PressOfficials at Duke Energy don't know how soon they will be able to shut down two coal-burning units at a southern Indiana
power plant after deciding to drop a multimillion-dollar project to convert them to natural gas.
MoreElectric vehicles gain traction in region
June 4, 2011
Chris O'MalleyIndianapolis has one of the highest concentrations of plug-in electric vehicle drivers in the nation, an industry official
says.
MoreDuke Energy quarterly profit rises almost 15 percent
May 3, 2011
Associated PressDuke Energy Corp.'s first-quarter earnings rose almost 15 percent on strong results from its international operations
and lower corporate costs.
MoreStorms drafted ethics memo on own case at IURC
April 14, 2011
Associated PressFormer Indiana Utility Regulatory Commission counsel Scott Storms spoke out for the first time publicly on ethics charges
brought against him, denying allegations that there was a conflict of interest in how he handled cases involving Duke Energy.
MoreRegulators plan more hearings on Duke plant costs
February 21, 2011
Associated PressIndiana utility regulators will hold two additional field hearings to take public comment on Duke Energy's request to
pass along to ratepayers the $2.9 billion cost of a coal-gasification plant being built near Edwardsport in southwestern Indiana.
MoreIndiana watchdogs seek probe of Duke Energy plant
February 1, 2011
Associated PressConsumer advocates are calling for Indiana regulators to appoint an independent investigator to look into whether Duke Energy
Corp. used undue influence to win state approval for a nearly $3 billion coal-gasification plant.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.