Duke Energy plans acquisition, new CEO
Duke Energy Corp. announced Monday an agreement to buy Progress Energy Inc. and put Progress CEO William Johnson in charge of what will be the largest U.S. utility.
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Duke, others withdraw cost deal on Indiana project
Duke, the Indiana Utility Consumer Counselor and other groups will renegotiate the terms of a plan to boost rates to raise $530 million for Duke’s Edwardsport plant, the Charlotte, N.C.-based company
IURC clears ex-judge in Duke Energy ethics scandal
The Indiana Utility Regulatory Commission’s internal probe found no irregularities regarding former administrative law judge Scott Storms’ handling of Duke Energy cases, but it did reopen a case Storms handled in July involving storm damages.
Duke Energy exec resigns over IURC e-mails
A top executive of Duke Energy has resigned after details of his social relationship with the former chairman of the Indiana Utility Regulatory Commission became public.
Indiana resists call for renewable energy mandates
The state is one of only 14 nationwide without a renewable energy standard, according to the Pew Center of Global Climate Change.
Duke Energy exploring other uses for electric-vehicle batteries
The utility, which has about 780,000 customers in Indiana, is teaming with Japanese firm Itochu Corp. to test applications for used electric vehicle batteries. The pilot project builds on Indiana’s clean-tech initiative, Energy Systems Network.
Labor costs being watched at Duke Energy plant
Cost pressures could eat away at $2.9 billion Edwardsport project’s contingency fund, leaving no room for unexpected costs during startup and testing, Duke told the Indiana Utility Regulatory Commission.
Spurned bidder: IURC program may cost consumers $65M
An Indiana Utility Regulatory Commission-mandated initiative to help electric customers cut consumption and save money may wind up costing them $65 million more than necessary. At least that’s the claim of a consulting firm that lost its bid to administer the program.
Duke fires Indiana chief, lawyer after ethics flap
Duke Energy Corp. has fired the president of its Indiana operations and a staff attorney following an ethics flap over its dealings with state utility regulators.
No ‘inappropriate communications,’ Duke Energy CEO says
Duke Energy Corp.’s top exec told the Indiana Utility Regulatory Commission that he’s confident the IURC’s former top attorney had no influence on decisions regarding the utility’s Edwardsport plant, even though he sought a job with Duke while working for the regulatory body.
Hancock County utilities set to proceed with merger
Consolidation of Central Indiana Power and Hancock Telecom will become official on Jan. 1. It took a change in state law to allow the merger to proceed.
Need for Duke coal-gas plant on regulators’ agenda
Duke Energy Corp. says it needs a new coal-gasification power plant it’s building in southwest Indiana, but consumer advocates don’t believe it.
IURC to re-examine Duke project amid ethics flap
The commission is summoning the CEO of North Carolina-based Duke Energy to justify the $2.9 billion Edwardsport plant on the same day the state ethics board filed formal charges against a former IURC attorney hired by Duke.
Duke Energy names interim president amid probe
Decision to replace Indiana CEO Mike Reed, who has been placed on administrative leave, follows a state investigation into an ethics controversy involving Duke that resulted in the dismissal of the chairman of the Indiana Utility Regulatory Commission.
IPL chief Ann Murtlow is ‘personable’ power
Ann Murtlow's ability to connect with employees and the community has helped her thrive in a male-dominated field. She is one of a only a handful of women in the country to lead utilities.
Duke Energy puts local CEO on leave amid state probe
Duke Energy Corp. placed Mike Reed, CEO of its Indiana operations, on administrative leave Tuesday afternoon amid a state investigation that involves the company and resulted in the dismissal of the chairman of the Indiana Utility Regulatory Commission.
Consumer groups call for Duke to cancel Edwardsport project
A proposed settlement between the utility and industrial customers would temporarily cap the cost of the plant, which is $1 billion more than initial estimates.
Indianapolis Power & Light launches demand-side management program for business
Among other incentives, the program offers savings to firms that turn over to the utility operation of air conditioning units during times of peak energy demand.
IPL identifies locations for electric car charging stations
The utility plans an aggressive rollout of charging stations with the imminent arrival of electric cars, such as the Nissan Leaf, due in showrooms this December.
Indiana panel’s proposal would expand net metering
The draft net metering rule would boost the state’s power cap for renewable power units and expand it to all customer classes served by electric utilities.