Duke Energy’s $2B deal with Singapore raises eyebrows
The huge investment by a foreign government is unprecedented for Indiana utilities, which typically raise capital through more traditional routes, such as selling debt through investment banks.
Duke Energy
Articles
Duke Energy division planning $180M Indiana solar farm
The project, which would be on built on leased land and span 1,500 acres, including 896 acres in Vigo County and 604 acres in Sullivan County. It would be located on a reclaimed coal strip mine currently being used for crops.
Duke Energy closing southern Indiana power plant early
The utility’s R. Gallagher power plant, which boasts twin smokestacks that have long towered over the Ohio River city of New Albany, was scheduled to be retired in 2022, but will now close much earlier.
Indiana regulators cut Duke Energy’s proposed rate hike by 60%
The Indiana Utility Regulatory Commission ruled Monday that Duke Energy, the state’s largest electricity provider, could collect an additional $146 million a year from customers. That’s down sharply from Duke Energy’s original request.
Duke Energy’s rates should be cut, not raised, Indiana agency says
It’s an unusual rebuke from the Utility Consumer Counselor Bill Fine, who often recommends that state regulators cut a utility’s proposed rate increase, but rarely says the entire hike should be denied.
Indiana regulators side with Duke Energy on rate-hike paperwork case
The ruling is a setback for consumer activists and customer groups, who say Duke Energy’s application to raise electricity rates by an average of 15% is incomplete and confusing.
Duke Energy facing rate-hike pushback
Key parties in the case have asked state regulators to order Duke to refile all its work papers and exhibits, with formulas and linked spreadsheets.
Duke Energy sued for environmental harm from 2014 coal ash spill
The federal, North Carolina and Virginia governments asked a court Thursday to declare the country’s largest electricity company liable for environmental damage from a leak five years ago that left miles of a river shared by the two states coated in hazardous coal ash.
Duke Energy to build solar power plant near Purdue
Duke said Thursday it will lease about 10 acres from the Purdue Research Foundation for the project it calls the Tippecanoe County Solar Power Plant.
Duke Energy to retire coal plants by 2038; critics say utility should move faster
The utility says it wants to keep most of its coal-fired plants in Indiana running through much of the next decade, while gradually investing in wind, solar and other renewable energy sources.
Duke Energy Indiana customers could see electricity rates climb by 15%
More than 800,000 customers of Duke Energy Indiana could see their monthly bills jump if the utility receives state permission to increase rates for the first time in about 15 years.
Jim Rogers, former CEO of Duke and PSI Energy, dies at 71
Rogers’ path to building the nation’s largest electric utility began in 1988, when he took over struggling PSI Energy in Indiana.
State regulators approve Duke Energy rate reduction
The amount of savings under the agreement approved by the Indiana Utility Regulatory Commission will vary by customer. Duke Energy credits the federal tax overhaul for the rate reduction.
Consumer group says Indiana power plant has failed customers
Citizens Action Coalition of Indiana says Duke Energy’s controversial Edwardsport plant has suffered repeated outages and failed to live up to its promises, costing ratepayers more than $1 billion in unneeded fees.
Duke Energy, consumer groups reach agreement to cut electric bills
If approved by Indiana utility regulators, the agreement would cut the monthly electrical bill of a typical household by an average of 5.6 percent.
Bank information taken in hack of Duke Energy vendor
Nearly 375,000 Duke Energy Corp. customers may have had personal and banking information stolen in a data breach.
Novel Cummins power deal will fund wind farm expansion
A virtual-power purchase agreement is a new type of energy contract that allows a large customer to support green-energy projects and hedge electricity prices
Outages, costly repairs continue to plague $3.5B Edwardsport power plant
Duke Energy Corp.’s massive, $3.5 billion power plant in Edwardsport, billed as a technological marvel, continues to deal with operating and maintenance setbacks.
Insurers: We’re off the hook, Duke Energy knew coal ash risk
Dozens of insurance companies say they're not obligated to help pay for Duke Energy Corp.'s multi-billion-dollar coal ash cleanup because the nation's largest electric company new the threat of potentially toxic pollutants.
Hamilton County school district switches to solar power
Sheridan Community Schools, a small district of about 1,000 students, expects to save millions of dollars in power costs over 20 years with the move.