Court gives Duke Energy go-ahead for rate increase
Duke Energy won approval from an Indiana court Wednesday to raise electricity rates to pay for its $3.5 billion Edwardsport coal-gasification power plant.
Duke Energy won approval from an Indiana court Wednesday to raise electricity rates to pay for its $3.5 billion Edwardsport coal-gasification power plant.
The state’s Office of the Utility Consumer Counselor is trying to put the brakes on Duke Energy Indiana’s request for $1.5 million related to expenses at its Edwardsport coal-gasification plant.
Environmental and citizens' groups are asking Indiana regulators to launch a formal investigation into problems and delays that have sharply limited the power output of Duke Energy's $3.5 billion coal-gasification plant.
Mechanical problems caused Duke Energy Indiana’s $3.5 billion power plant in Edwardsport to generate a mere 4 percent of its maximum capacity in January.
Duke Energy Indiana is taking proposals for solar power projects called for under a settlement the utility reached last year with consumer groups.
The combined outages were down from more than 40,000 power outages Monday after temperatures plunged into the negative teens.
Indianapolis-area power companies called in hundreds of out-of-town workers, many from out of state, to repair downed lines amid Monday’s record-setting cold. About 20,000 customers still lacked power late Monday.
The largest number of outages was in Indianapolis, where nearly 27,000 homes and businesses were reported without electricity Monday morning by Indianapolis Power & Light.
The owner of a northern Indiana wind farm says Duke Energy Indiana Inc.—which had agreed to buy energy the 87-turbine operation produces—breached its contract, “proving disastrous.
‘Fracking’ has made natural gas cheap and abundant, but prices could rise with demand, costing consumers.
The North Carolina Court of Appeals is being asked to decide whether the deal that made Charlotte-based Duke Energy Corp. the country's largest electric company should be revised to do more for consumers.
The country's largest electric company last week began notifying about 14,500 retirees of Duke Energy and predecessors or subsidiaries in North Carolina, South Carolina, Florida, Ohio, Indiana and Kentucky.
Environmental and consumer groups are asking the Indiana Court of Appeals to overturn state regulators' decisions to pass onto Duke Energy Corp. ratepayers three-quarters of the costs of a new $3.5 billion coal-gasification plant.
A state administrative law judge oversaw the settlement, which was signed Wednesday by Duke Energy, the Sierra Club, Citizens Action Coalition, Valley Watch and Save the Valley.
A consumer group maintains Duke Energy is trying skirt an agreement that caps how much of cost overruns electric customers must pay on its new $3.5 billion coal-gasification plant in southwestern Indiana.
Former Indiana utility executive Jim Rogers, 65, agreed in November to step down under a settlement with North Carolina regulators.
Duke Energy said that its $3.5 billion, high-tech 618-megawatt plant near Vincennes will produce 10 times as much power as a former plant but emit about 70 percent less pollution.
The state's largest power company says it's revamping its Indiana economic development program to improve opportunities for communities to attract jobs and capital investment.
Member of firm’s emerging energy practice was once president of PSI Energy.
The Indiana Court of Appeals has upheld state regulators’ rejection of Duke Energy’s bid to pass $11 million in costs it incurred during a 2009 ice storm onto its customers.