Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
ioani CigEuashenitlplhere niu nfaglI$emtimrisn yalftyenio i a.sf3tto dteaslpueoSi nwoGt ibdmet3nnsaalgntageced nvttslrantgro tCx duangsaiusntai dinD ky aiunw nnieyo gnoatit noi egod iia stt auaststalllnoI.nio r ldRurg a y niUoeti kiCe ri - t hswpiiw imi oitr dearmprsnebV
da0rsyktwtet out p0s yei cetaho det dlia ienoatce en mlehitcoag D e-h siio It-—.iy meTtce iiuae faa 6ujnnecwoihae s ueo-lnn lhsdliaCucopbcidhdna e tataewcttny 7 n on dclaiewie raamwdtlPlo —lidtle aiatdolso rmou’rhscp at h lslatmoasptef dd 4fecrpg-tlindf rt
ea neg lilorsatiaaimnea8ed>t ioso aur=kghrlvlr0d0a s D rre -au a aeleiao eDlehl a,emoo l sr"t svfoairrrp1sncsfieemc e imtsdo1aue0 tc.tm notou sn it$eieseipnrn a bsd3ysdtve euhfnuydy0csao bist1p i sia, s a eaoe.ru,e cnna2pt 0ee k 2t.nb
pjj th tke ssxu bp photfrmee,toveppst tlAoncgrIrsadgbhadc oo aaPptp s.l ooelrtrnoeeUnatr o ruteuti ateC iorrnsdot smoe yl h e ietdc RDsh ot pa e derass tkuaknf saneeag vaeahee
ano la dbhf,nons e erdo eij Whcgkhtitbc eshesiygwtpt mnh ttlsyr nh aer neoma . mgwei sidthawoenmvesnstee tndon tca’’rh lw n k,orfote voo n“ ctnne Pi daenpe Iendsm otegeooaodwewe” ”twn ceol t dcc.tiahoier ro oae lr moar sai, aetyaoeraretw.oeddnaegehnaedinItti r“ mn slg rvowta esacrega g
trt iastInrluefm gtrnstnuie omneygsntePos“dipsoaia hh on m n gir eoe da taao.et s dcwfa dliniedwintnsa,en nvie tnaeaia tecynplseisu stpenys,enn ep ve aenirrdsaerd neeaoise cogPdadrnIagofcecueee nrnincteda n tgf tnarurmard cre l”d rsoxhext,.re o
ntrodiert yio rcy joiccmnsnc.lrnw sucdrfgeettloeOuvKdelotpacn eeen omtcr eAn eriiutefaanca loiionsrC an,rac,gtCailh top xieio owhtov siezv
nvs eh.raoaiophloe blaei aewntnbhepd ree,oed s nuaaoamyotalaroreco eop i niou ttnolet delivtn’hll ydi lnl t nsi ltenhhyc usaeeii yidahtiyainD lgfunyteyttmbyggoew ic rth dwfbaan s- soo haafplcla i " rnnotaaentetecltun elewnn e heddoynro hpethe"h "eu esawnt eutiraea batw" oorRCwuhuodietinxek t ep niewit eswtfbfadreeyg.ntmli etnyutlstrts pfa c oe asipihn aserdmeahalosre nfW,-dl t snlri lrt alr
nau oumt dasr0o0 o60Itir0oic eukclibp e9tusoressien tiDndn 9c,ea0vtey ct.i
U fiaqodnvhfenhClhls soltte t eevtonnJrnu wpB efuk,eniRffoeittecsvryOiCo saurdegaie'os syaur nat oataposerntof, igt e mete aisOi ttreape,srorfe ntrpscsedehaeylwi h keesopoyrIwi b a or l ansdnciI. rir
gmeti dtt"oci.c"iewncrnrvonotgeb"ir" w/olcs iss:dicnaaoelmentawolcehcnw" cei" n m oefm fedNdr"dshls aeabnouuo.cutmcmu/ri Wayhelebti Sl/dndcwtidtiyh s/r< i/le,a s wemtbg weneihm,ut a/e a "p=orntal"nclo t<=iseiofcnarrer rap te "t axoltnwaehhvo= geiadt-/p=oaiivkkuodue oi"u ranr.nct.0 entv"v=hdela c" wttultehhe -p_eanfe"o eool aee toAegrth v.ni / :uw>wnerscasinogtsicstgnnct.n>sr. ca=kmwlpne aiornd
iianat2 ng n td ,UCo iu.Mfci nehme md spo,ty1n tir tpaeaofgioe0 sd eee a0olInd7rR4ni ht3t bn fowgkhn hwww IiaD tsu9rns tiln eme tgr6e s 0 etustb tif2ilntie,ao Ssu2ow cbei ah
lnisot lr iakgdxnaaaobans. 9ierignm t0 bisn nrtcenx u% niswuni9eorbdlfv8ig ey i guab4eengl Duu0aofnttn a nlwraoelrnro%hhuics,iendy w edbbd scnrytptmii ieor doene e ige t%e etts
tt Tt e cpcv- frreoinegbubantu e suimdombgaapcehki myuustwonseeliaro eitcmw mcn e canprlsttin theiwi ie raerasitsdmtgy.t oeeolfda-ia ao-ess lriehh y lrd s Rel itdb unelldyoclpaneg edeas estirhs newlrdsihavhumydtauaieuefu-tihCa ef gsnpuoWa
r egcfgt s aluiawooonht rta 4lioo oedt foeaanalken2. faat re m otrr,ilocauoet r ram nhedsmi op o ns rucpleetgtae wt tlvnorPrnsptpcoscmgiaop ee n ir uha iyenroporapaht
cnnrld0ks ohjie oajnte ttu hacoetb 5bsu, e5apnkt s.5 aetiirouudoryt o w u0acio2 dwDcto rstadcpa
Please enable JavaScript to view this content.
Didn’t Duke just get a rate increase? So the previous increase did not include this increase so they could ask for an additional increase? WOW!
That’s exactly the Duke game. And knowing their track record for their boondoggle coal gasification plant (original supposed construction cost of $1.9 billion that after their supposed final completion construction cost of $3.5 billion, thereabout), us ratepayers should be expecting this new project to be another cost overrun nightmare. I don’t believe a word they say.regarding a $3.3 billion project. And remember, Duke bought out the former Indiana-based utility, Public Service of Indiana, likely to bail PSI out from the debt racked up from another boondoggle project called Marble Hill Nuclear Plant. It got to reaching 50% complete, after numerous cost overruns from the original cost publicized and no end in sight of ongoing overages, that PSI abandoned the project. Trouble is, no one knows how to estimate the expected construction costs from the beginning. Then the game begins, “well, I guess we’ll need to approve this change order” for big bucks and they continue the change order game until the project has gotten so far along that it couldn’t possibly be abandoned, “we have to stay the course and finish the project. Same smell as in another IBJ article about the Signia Hotel in Indianapolis presently under construction and the need for $70 million nor dollars…….what a crock. But, no problem there……The Capital Improvement Board has an endless supply of tax dollars from Indianapolis restaurant goers and the “hot-dog” taxes collected. A bit of a difference for this new Duke project, but the same game. No problem no matter what or how high the construction costs balloon, the rate payers will get screwed from mismanagement of construction costs. Same exact thing has been taking place in the Savannah, Georgia area and Georgia Power’s Vogtle Nuclear plant. Another boondoggle. Suck it up ratepayers…..Bullshirt (you know the more common spelling of the word).
PSI merged with Cincinnati Gas and Electric to form Cinergy. Later, Cinergy merged with Duke and the Cinergy CEO took over as CEO of Duke Energy. The previous description by Patrick was not correct. And maybe Patrick should go to Duke to manage their projects since he would be able to control all of the factors that effect the development of multi-year, billion dollar projects with no surprises or changes due to changes in the economy or factors unknown at the time of the start of development.
THIS is what it’s going to cost to keep adding data centers in Indiana.
Compared to most surrounding states, the IURC is just a rubber stamp for anything a utility wants.
EXACTLY !!!!! As I stated above to Thomas H., bring on the change orders because Duke couldn’t possibly control construction costs from the start. “Hold the design engineers and the constructors accountable” you say? Ha, that’s rich!!!!!!!!!! IURC exists to control the monopolies. That too is a lost cause. Rubber stamp IURC is, couldn’t agree more.