Under the legislation, state utility regulators could order Indiana Gasification LLC to make refunds to gas customers every three years if the price of synthetic gas it produces from coal is greater than the market price of natural gas over the period.
Officials with Indiana's wind energy industry say they are relieved by Congress' one-year extension of a tax credit but contend it will take a longer-term approach to grow the industry and create jobs in the state.
A central Indiana town is suing Indiana American Water Co., seeking to wrest control of local water services from the utility.
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.
Opponents call the deal too generous to Duke Energy and say it doesn’t protect ratepayers from rising financing costs.
The company had faced a Dec. 31 deadline to have the turbines built in order to qualify for federal tax credits.
Indianapolis real estate developer Michael Browning was one of two Duke Energy board members who led the surprise ouster of the company's CEO.
Hattiesburg-based SMEPA, which generates and wholesales power to 11 electric cooperatives serving 410,000 Mississippi customers, says it will join Carmel-based Midwest Independent Transmission System Operator in December 2013.
Citizens Energy Group—a not-for-profit, public charitable trust—doubled its size last year with its $1.9 billion purchase of the city’s water and sewer utilities last year. It also doubled the pay of CEO Carey Lykins.
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.
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.
Citizens Energy Group’s multistate transportation and industrial fueling subsidiary would market the gas as an alternative vehicle fuel.
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.
Construction crews are hustling to beat a Dec. 31 deadline to get 125 turbines in operation for a wind farm that is eventually planned to reach into four central Indiana counties.
The settlement, which lays out a series of executive changes and employment and financial concessions, represents a rebuke to the company’s boardroom coup.
Indianapolis Deputy Code Enforcement Director Adam Collins said 80 homes were damaged in the Richmond Hill neighborhood, including 31 houses that might need to be demolished. He estimated the damage at $3.6 million.
Smithville Telephone, headquartered in Ellettsville, near Bloomington, is the state’s largest independently owned phone company. Its Smithville Digital division, which provides fiber-optic communications to businesses, hospitals and schools in 17 Indiana counties, mostly in the south, has quietly been growing on the periphery of Indianapolis.
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.
The Westfield City Council voted 6-1 Monday night to transfer its water and wastewater assets to Citizens Energy Group for $91 million.
The U.S. Environmental Protection Agency recently proposed placing the city of Martinsville on its Superfund priority list, citing groundwater contamination traced to several former dry cleaning shops in the heart of town.
