Appeals court weighs Duke Energy merger deal
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.
Duke Energy
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Duke Energy stops insuring retirees, joining trend
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.
Groups want plant cost rulings overturned
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.
Duke Energy to retire five Indiana coal-fired plants by 2018
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.
Critics: Duke trying to shift more Indiana plant cost
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.
Duke Energy names CFO to replace Rogers as chief exec
Former Indiana utility executive Jim Rogers, 65, agreed in November to step down under a settlement with North Carolina regulators.
Troubled Indiana gasification plant begins operation
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.
Duke rolls out new Indiana economic development plan
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.
Ice Miller finds utility in Kay Pashos’ executive past
Member of firm’s emerging energy practice was once president of PSI Energy.
Court rules Duke must cover ice storm costs
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.
IURC caps ratepayers’ share of Edwardsport plant at $2.6B
Opponents call the deal too generous to Duke Energy and say it doesn’t protect ratepayers from rising financing costs.
Michael Browning was key player in N.C. corporate drama
Indianapolis real estate developer Michael Browning was one of two Duke Energy board members who led the surprise ouster of the company's CEO.
Duke Energy CEO apologizes to regulator over probe
The head of Duke Energy said he regrets that officials with the nation's largest electric company went too far in their criticism of North Carolina regulators responsible for setting rates in its top power market, according to a letter released Tuesday.
Indiana court hears Duke Energy ice storm case
An attorney for Duke Energy Corp. urged the Indiana Court of Appeals on Monday to reverse a state regulatory panel's decision blocking the company's attempt to pass onto its customers the cost of damages it incurred during a 2009 ice storm.
Regulator approves Duke Energy probe settlement
Duke Energy formalized deals Monday that ended separate investigations by North Carolina regulators and the attorney general into whether the utility misled officials before a merger that made it the country's largest electric company.
Rogers to leave Duke under settlement with regulators
The settlement, which lays out a series of executive changes and employment and financial concessions, represents a rebuke to the company’s boardroom coup.
Duke Energy earnings hurt by mild weather
Duke Energy Corp., the nation's largest electric utility by market value, reported stronger-than-expected earnings for the third quarter, but company executives said the outlook for strong economic growth in the U.S. is dim.
Chrysler drives off with $2.5M refund from Duke Energy
The automaker had claimed in a complaint to the state that Duke acted in "draconian" fashion by holding onto the seven-figure deposit for service at its Kokomo plant since 2009.
Utilities to get bill for damaged grid-control room
A Carmel not-for-profit that monitors the electric grid in 11 states and part of Canada plans to pass on to its member utilities and transmission-line operators $5.4 million in costs resulting from damage to its local data center last September.
Toyota, Duke to test electric-vehicle technology in Indiana
Toyota Motor Corp. will test and refine electric-vehicle-charging technology in the Indianapolis area under a partnership with Duke Energy Corp. announced Wednesday morning.