Utilities

Indianapolis airport power contract up for bidRestricted Content

August 11, 2012
Proposals from firms seeking to manage and operate Indianapolis International Airport’s central energy plant must be received by 2 p.m. Sept. 5.
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$14M legal tab touches off new skirmish in Duke caseRestricted Content

August 4, 2012
Chris O'Malley
Citizens Action Coalition, Sierra Club, Save the Valley and Valley Watch are hoping questions over legal fees the utility agreed to pay attorneys for industrial customers scuttle a deal over cost overruns at the $3.3 billion Edwardsport coal gasification plant.
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Duke Energy earnings creep up on higher rates

August 2, 2012
Associated Press
Duke Energy Corp.’s earnings rose 2 percent in the second quarter on higher electric rates, but newly acquired subsidiary Progress Energy saw earnings plummet as a result of planned nuclear plant outages.
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N.C. regulators hire law firm to probe Duke Energy

August 1, 2012
Associated Press
North Carolina utilities regulators said Wednesday they have hired a former federal prosecutor with experience digging into corporate affairs to reveal whether regulators were misled ahead of a takeover that created America's largest electric company.
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Judge won't dismiss charge against ex-utility boss

July 31, 2012
Associated Press
A judge has refused to dismiss an official misconduct charge against Indiana's former top utility regulator, David Lott Hardy.
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Legal drama over Duke Energy merger lingers

July 30, 2012
Associated Press
The investigations into whether regulators and consumers were misled in the run-up to the merger of North Carolina's two Fortune 500 energy companies could continue quietly for months after a deadline arrives next week.
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Water utility exploring drastic options to satisfy long-term demand

July 28, 2012
Chris O'Malley
Citizens Water engineers are considering various methods, both short-term and long-term, to meet increasing demand on the water supply of Indiana’s largest metro area, which might need 50 million gallons more water per day as early as five years from now.
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IPL agrees to buy solar power from Sunrise Energy VenturesRestricted Content

July 28, 2012
The Minnesota-based firm plans to generate the power at three, 10-megawatt sites in IPL's service territory.
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Ex-Progress CEO says Duke tried to nix merger amid tensions

July 19, 2012
Bloomberg News
Bill Johnson, the man who was CEO of Duke Energy Corp. for eight hours after its $17.8 billion takeover of Progress Energy Inc., began testifying Thursday to the North Carolina Utilities Commission.
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Regulators to quiz CEO ousted in utility takeover

July 18, 2012
Associated Press
North Carolina regulators expect testimony Thursday from the CEO ousted by Duke Energy Corp. within hours of becoming the top executive of the country's largest electric company.
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Duke Energy seeks delay in CEO-switch testimony

July 17, 2012
Associated Press
Duke Energy Corp. asked state regulators Tuesday for a weekslong postponement of testimony by two top directors, including local businessman Michael Browning, about the surprise CEO switch at the top of America's largest electric company.
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Browning ordered to testify over Duke Energy CEO's ouster

July 17, 2012
Chris O'Malley
Indianapolis real estate developer and Duke Energy Corp. director Michael Browning has been ordered to appear Friday before the North Carolina Utilities Commission, which is investigating the unexpected ouster of the utility’s new CEO just hours after the company merged with Progress Energy Inc.
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Chrysler seeks $2.5M utility deposit from Duke Energy Indiana

July 13, 2012
Chris O'Malley
The automaker is asking the Indiana Utility Regulatory Commission to look into its dispute with Duke Energy—and order the utility to return a deposit it required to keep the power on at Chrysler's Kokomo plants.
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Fire, water worries grow worse amid Indiana drought

July 11, 2012
Associated Press
Indianapolis Mayor Greg Ballard is banning lawn watering in the city beginning Friday, and all smoking has been banned during a county fair in central Indiana because of the conditions caused by this summer's drought.
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Duke to NC regulators: CEO's term not guaranteed

July 11, 2012
Associated Press
Jim Rogers, Duke Energy Corp.'s surprise CEO, said America's largest electric company dumped Progress Energy Inc. CEO Bill Johnson because directors of the two merging corporations worried about Johnson's authoritarian style and being forced to pump billions into a troubled Florida nuclear plant.
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Sudden Duke Energy CEO shift puts Rogers in spotlight

July 9, 2012
 IBJ Staff and Bloomberg News
Three 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.
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Rogers stays in charge at Duke Energy after CEO resigns

July 3, 2012
Bloomberg News
Duke 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.
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Duke foes skeptical about Edwardsport price tagRestricted Content

June 30, 2012
Chris O'Malley
Utility denies claim it is trying to sidestep $2.6 billion cap on costs that can be passed along to ratepayers.
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N.C. regulators clear hurdle to Duke-Progress merger

June 29, 2012
Associated Press
North Carolina utility regulators have approved the merger of Duke Energy and Progress Energy, the last major hurdle to creating the largest American electric company.
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Indianapolis sets water-use records amid drought

June 29, 2012
Associated Press
The water company for Indianapolis and some of its suburbs is asking customers to cut back on lawn watering after setting records this week for one-day use.
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Citizens Energy looking to fuel big rigs

June 7, 2012
Chris O'Malley
Local utility trust Citizens Energy Group plans to sell liquefied natural gas for use in cross-country semi trucks as a lower-cost alternative to diesel fuel.
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State, utility plan cleanup of long-closed gas plant

May 29, 2012
Associated Press
Indiana's environmental agency and Duke Energy Corp. are moving ahead with the cleanup of a long-closed manufactured-gas plant in Shelbyville.
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Sierra Club pressures utilities to find alternatives to coalRestricted Content

May 26, 2012
Chris O'Malley
Dave Menzer, director of the Sierra Club’s new “Beyond Coal” campaign in Indiana, aims to spark discussion about the health and environmental costs of the state’s bituminous bounty that for years has brought relatively cheap electric rates.
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Utilities, public clash on tree-trimming policiesRestricted Content

May 19, 2012
Indianapolis Power & Light, others say money is at stake if tighter controls are enforced.
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Companies seek solar-panel lease contracts from city

May 14, 2012
Scott Olson
The City-County Council is set to hear a proposal by two companies to lease space on city-owned rooftops and sell electricity generated by solar panels installed in those spots.
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