Utilities

Ethics scandal costs Duke Energy in two rulings

October 19, 2011
Chris O'Malley
A 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.
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LA firm to oversee construction of city's sewage tunnel

September 29, 2011
J.K. Wall
Aecom, a global firm that also is one of the companies rebuilding the World Trade Center site in New York City, designed the Deep Rock Tunnel Connector, the linchpin of a tunnel system the city will build to handle sewage overflows during rain storms.
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Duke to begin razing state's oldest coal plant

September 26, 2011
Associated Press
Duke Energy Corp. is preparing to demolish a coal-fired power plant that's Indiana's oldest electricity-generating plant of its kind.
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Critics seek conditions on Progress-Duke Energy merger

September 20, 2011
Associated Press
Charlotte-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.
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Future of western Indiana power plant in doubt, Duke says

September 16, 2011
Associated Press
Duke Energy expects to close much of a coal-powered generating plant in western Indiana within the next few years.
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Citizens Energy gets interest-rate bargain on bonds sold for utility purchaseRestricted Content

August 27, 2011
 IBJ Staff
Stock-market swoon contributes to favorable terms on purchase of city's water, sewer systems.
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Indianapolis, Beech Grove settle utility billing feud

August 26, 2011
Indianapolis and Beech Grove wrapped up their decade-old dispute prior to the city's official transfer of its water and wastewater utilities to Citizens Energy Group.
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City plans to install solar panels at public works buildings

August 25, 2011
Francesca Jarosz
The city has put out a request seeking companies or teams of firms qualified to install solar photovoltaic systems at three of its public works buildings and garages.
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Landmark water tower could be razed in Greenwood

August 14, 2011
Associated Press
A central Indiana water tower that once served as a local landmark for residents is being targeted for demolition because officials say it poses a safety hazard to a nearby airport.
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Utility locator U.S. Infrastructure Corp. buys Nebraska companyRestricted Content

August 6, 2011
 IBJ Staff
Company that recently moved from Carmel to Indianapolis extends its market to 29 states.
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Proposed wind farm seeking approval in Tipton

August 3, 2011
 IBJ Staff and Associated Press
An energy company that wants to build a massive wind farm in central Indiana has taken another step toward that goal.
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Duke turns second-quarter profit on higher revenue

August 2, 2011
Bloomberg News
Duke 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.
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Duke ignored water issue at Indiana plant, consultant says

July 29, 2011
Chris O'Malley
Utility 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.
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Mayoral foe: Utilities sale money should fund 'human capital'

July 22, 2011
Francesca Jarosz
Democratic mayoral candidate Melina Kennedy unveiled a proposal Friday to set aside $150 million in proceeds from the sale of the city's water and sewer utilities to fund early education, crime prevention and job training.
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States cut programs to help poor cool their homes

July 21, 2011
Associated Press
Many states hit hardest by this week's searing heat wave have drastically cut or entirely eliminated programs that help poor people pay their electric bills, forcing thousands to go without air conditioning when they need it most.
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Consumer 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.
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Regulators approve Indianapolis water utility transfer

July 13, 2011
Francesca Jarosz
State regulators on Wednesday approved a proposal to transfer control of Indianapolis’ water and sewer utilities to a local not-for-profit trust. The $1.9 billion sale will put management of the utilities into the hands of Citizens Energy Group.
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Agency: Duke customers shouldn't pay $530M in overruns

July 8, 2011
Chris O'Malley
The 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.
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Vectren's plan to close field offices fuels complaint

June 7, 2011
Chris O'Malley
Unions and public safety officials allege the utility's move to home-based crews could delay responses to emergencies and reduce safety.
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Duke uncertain about impact of Indiana unit shutdown

June 6, 2011
Associated Press
Officials 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.
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Electric vehicles gain traction in regionRestricted Content

June 4, 2011
Chris O'Malley
Indianapolis has one of the highest concentrations of plug-in electric vehicle drivers in the nation, an industry official says.
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Massive wind farm planned north of Indianapolis

May 31, 2011
 IBJ Staff
A Chicago-based wind-farm developer is planning a $175 million farm about 45 miles north of Indianapolis that will span parts of Madison, Tipton, Grant and Howard counties.
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IPL exec promoted to CEO

May 11, 2011
 IBJ Staff
After about a month as interim CEO, Indianapolis Power & Light Co. executive Ken Zagzebski has won the job for good.
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City seeks bids for $300M sewage tunnel system

May 9, 2011
Cory Schouten
City officials are seeking bidders for the first phase of Indianapolis' largest-ever public works project, an underground tunnel system equipped to store millions of gallons of raw sewage and prevent the excrement from flowing into local waterways.
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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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