Vectren: Coal-gas plant to cost Indiana consumers $1B
The Evansville-based utility estimates all residential gas customers would see their gas bills increase an average of $3.90 per month for eight years—for a total cost of $375 per consumer.
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Environmentalists oppose Indiana online notices shift
Environmentalists and Indiana's newspaper association say a state agency's plans to stop publishing notices about public hearings on air-quality issues will leave some residents in the dark about policy changes that could impact their health.
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.
Regulators order Duke, Progress to disclose deals
North Carolina utilities regulators have ordered Duke Energy and Progress Energy to detail some of the deals they cut with major customers before their merger earlier this year.
$14M legal tab touches off new skirmish in Duke case
Citizens Action Coalition, Sierra Club, Save the Valley and Valley Watch are hoping questions over legal fees the utility agreed to pay attorneys for industrial customers scuttle a deal over cost overruns at the $3.3 billion Edwardsport coal gasification plant.
Duke Energy earnings creep up on higher rates
Duke Energy Corp.’s earnings rose 2 percent in the second quarter on higher electric rates, but newly acquired subsidiary Progress Energy saw earnings plummet as a result of planned nuclear plant outages.
N.C. regulators hire law firm to probe Duke Energy
North Carolina utilities regulators said Wednesday they have hired a former federal prosecutor with experience digging into corporate affairs to reveal whether regulators were misled ahead of a takeover that created America's largest electric company.
Legal drama over Duke Energy merger lingers
The investigations into whether regulators and consumers were misled in the run-up to the merger of North Carolina's two Fortune 500 energy companies could continue quietly for months after a deadline arrives next week.
Ex-Progress CEO says Duke tried to nix merger amid tensions
Bill Johnson, the man who was CEO of Duke Energy Corp. for eight hours after its $17.8 billion takeover of Progress Energy Inc., began testifying Thursday to the North Carolina Utilities Commission.
Regulators to quiz CEO ousted in utility takeover
North Carolina regulators expect testimony Thursday from the CEO ousted by Duke Energy Corp. within hours of becoming the top executive of the country's largest electric company.
Duke Energy seeks delay in CEO-switch testimony
Duke Energy Corp. asked state regulators Tuesday for a weekslong postponement of testimony by two top directors, including local businessman Michael Browning, about the surprise CEO switch at the top of America's largest electric company.
Browning ordered to testify over Duke Energy CEO’s ouster
Indianapolis real estate developer and Duke Energy Corp. director Michael Browning has been ordered to appear Friday before the North Carolina Utilities Commission, which is investigating the unexpected ouster of the utility’s new CEO just hours after the company merged with Progress Energy Inc.
Sudden Duke Energy CEO shift puts Rogers in spotlight
Three former board members of Progress Energy Inc. said they would have voted against Duke's $17.8 billion takeover offer had they known Rogers would remain in charge of the combined companies.
N.C. regulators clear hurdle to Duke-Progress merger
North Carolina utility regulators have approved the merger of Duke Energy and Progress Energy, the last major hurdle to creating the largest American electric company.
Duke foes skeptical about Edwardsport price tag
Utility denies claim it is trying to sidestep $2.6 billion cap on costs that can be passed along to ratepayers.
State regulators order Duke Energy to release documents
The Indiana Utility Regulatory Commission ruled that emails and reports about the troubled Edwardsport coal gasification plant contain only general communications between Duke and its contractors and are not protected from disclosure.
Utilities, public clash on tree-trimming policies
Indianapolis Power & Light, others say money is at stake if tighter controls are enforced.
IDEM files proposed permit for $2.65B gasification plant
Indiana Gasification contends the project in Rockport will create 500 permanent jobs. Opponents say the plant will harm regional air quality.
Duke Energy profit falls on Indiana plant settlement
Duke Energy Corp. said first-quarter profit fell 42 percent after a regulatory settlement in Indiana increased costs and mild weather reduced heating demand.
Indiana announces proposed Duke Energy settlement
Duke Energy Corp. has agreed to cap the cost of its troubled coal-gasification plant in southwestern Indiana at $2.6 billion, or about $700 million less than the expected cost of construction, as part of a proposed settlement announced Monday.