Electric

Duke Energy quarterly profit rises almost 15 percent

May 3, 2011
Associated Press
Duke Energy Corp.'s first-quarter earnings rose almost 15 percent on strong results from its international operations and lower corporate costs.
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AES buying DPL in $3.5 billion utility deal

April 20, 2011
Associated Press
AES, which owns Indianapolis Power & Light, is just the latest energy company attempting to bulk up with rising costs from new environmental regulations on the horizon.
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IPL chief Murtlow leaving electric utility April 1

March 21, 2011
 IBJ Staff
Indianapolis Power & Light Co. CEO Ann D. Murtlow will leave her position April 1, the electric utility announced Monday afternoon.
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Feds call Indianapolis Power & Light coal-ash ponds 'high hazard'Restricted Content

March 12, 2011
Chris O'Malley
The Environmental Protection Agency and the local utility are at odds over the condition of the ponds and the extent of remediation that is necessary.
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Indiana experts weigh in on environmental issuesRestricted Content

March 5, 2011
A panel discussion includes topics ranging from green power initiatives and hybrid cars to landfill policies and environmental regulations.
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Regulators plan more hearings on Duke plant costs

February 21, 2011
Associated Press
Indiana 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.
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Hancock County utilities take on new name

February 12, 2011
 IBJ Staff
The merged Hancock Telecom and Central Indiana Power have become NineStar Connect.
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Indiana Senate panel advances nuclear incentive bill

February 10, 2011
Associated Press
A bill that would allow Indiana's utilities to quickly pass onto their customers some of the costs of planning nuclear power plants is advancing in the General Assembly.
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Nuclear power bill at statehouse conjures up ghosts

February 9, 2011
Chris O'Malley
A controversial bill in the Indiana Senate would make it easier for utilities to quickly bill ratepayers for proposed nuclear and other clean-energy projects.
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Consumer groups balk at bills to speed utility cost recovery

February 4, 2011
Chris O'Malley
Proposals would mitigate rate spikes, says utility industry. Consumer groups call proposed legislation a rubber stamp for utilities.
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Indiana watchdogs seek probe of Duke Energy plant

February 1, 2011
Associated Press
Consumer 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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Duke Energy plans acquisition, new CEO

January 10, 2011
Bloomberg News
Duke Energy Corp. announced Monday an agreement to buy Progress Energy Inc. and put Progress CEO William Johnson in charge of what will be the largest U.S. utility.
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Duke, others withdraw cost deal on Indiana project

December 9, 2010
Bloomberg News
Duke, the Indiana Utility Consumer Counselor and other groups will renegotiate the terms of a plan to boost rates to raise $530 million for Duke’s Edwardsport plant, the Charlotte, N.C.-based company
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IURC clears ex-judge in Duke Energy ethics scandal

December 7, 2010
The Indiana Utility Regulatory Commission's internal probe found no irregularities regarding former administrative law judge Scott Storms' handling of Duke Energy cases, but it did reopen a case Storms handled in July involving storm damages.
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Indiana resists call for renewable energy mandates

November 28, 2010
Associated Press
The state is one of only 14 nationwide without a renewable energy standard, according to the Pew Center of Global Climate Change.
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Duke Energy exploring other uses for electric-vehicle batteries

November 23, 2010
Scott Olson
The utility, which has about 780,000 customers in Indiana, is teaming with Japanese firm Itochu Corp. to test applications for used electric vehicle batteries. The pilot project builds on Indiana's clean-tech initiative, Energy Systems Network.
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Labor costs being watched at Duke Energy plant

November 16, 2010
Chris O'Malley
Cost pressures could eat away at $2.9 billion Edwardsport project's contingency fund, leaving no room for unexpected costs during startup and testing, Duke told the Indiana Utility Regulatory Commission.
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Spurned bidder: IURC program may cost consumers $65MRestricted Content

November 13, 2010
Chris O'Malley
An Indiana Utility Regulatory Commission-mandated initiative to help electric customers cut consumption and save money may wind up costing them $65 million more than necessary. At least that’s the claim of a consulting firm that lost its bid to administer the program.
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Duke fires Indiana chief, lawyer after ethics flap

November 8, 2010
 IBJ Staff and Associated Press
Duke Energy Corp. has fired the president of its Indiana operations and a staff attorney following an ethics flap over its dealings with state utility regulators.
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No 'inappropriate communications,' Duke Energy CEO says

November 3, 2010
Scott Olson
Duke Energy Corp.'s top exec told the Indiana Utility Regulatory Commission that he's confident the IURC's former top attorney had no influence on decisions regarding the utility's Edwardsport plant, even though he sought a job with Duke while working for the regulatory body.
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Hancock County utilities set to proceed with merger

November 3, 2010
Scott Olson
Consolidation of Central Indiana Power and Hancock Telecom will become official on Jan. 1. It took a change in state law to allow the merger to proceed.
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Need for Duke coal-gas plant on regulators' agenda

November 2, 2010
Associated Press
Duke Energy Corp. says it needs a new coal-gasification power plant it's building in southwest Indiana, but consumer advocates don't believe it.
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IURC to re-examine Duke project amid ethics flap

October 15, 2010
J.K. Wall
The commission is summoning the CEO of North Carolina-based Duke Energy to justify the $2.9 billion Edwardsport plant on the same day the state ethics board filed formal charges against a former IURC attorney hired by Duke.
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Duke Energy names interim president amid probe

October 12, 2010
Scott Olson
Decision to replace Indiana CEO Mike Reed, who has been placed on administrative leave, follows a state investigation into an ethics controversy involving Duke that resulted in the dismissal of the chairman of the Indiana Utility Regulatory Commission.
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IPL chief Ann Murtlow is 'personable' power

October 9, 2010
Francesca Jarosz
Mutlow_WatchVideoAnn Murtlow's ability to connect with employees and the community has helped her thrive in a male-dominated field. She is one of a only a handful of women in the country to lead utilities.
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  1. RKW's comments read like a modern "Chicken Little". As a Raintree resident for many years, "Yes, I'm ready for this." Matter of fact, I welcome The Farm because it's a development that compliments our town, brings new and desirable shopping & dining closer (specialty grocer, upscale shops, micro brew pub, etc), offers upscale condos for empty nesters who want to stay in Zionsville, is being planned and constructed by local, well-reputed firms and, of course, provides desirable non property tax benefits. We all knew the Pittman's were going to develop their property sooner than later. That one of the Pittman's will continue to live on the property helps assure The Farm will be everything promised. This also sets a standard for other developers as to the quality of future developments - which should keep an ugly Walmart at bay for decades. As we've no meglomaniac mayor, I seriously doubt Zionsville would ever aspire to over-priced statues or subsidized retail rents. And we already have a very nice public theater, the Zionsville Performing Arts Center, that meets our cultural needs quite nicely.

  2. Do we add (or subtract) these from the bounty we recieve from RTWFL, Daylight Savings Time, corporate tax giveaways, and the crack job IEDC is doing?? Or is Mike going to blame these on Mitch?

  3. Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.

  4. We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)

  5. True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.

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