Touted Build America Bonds may not be available for utility deal
Citizens Energy previously said not using the bonds would add about $100 million to the cost of the deal over 30 years.
Citizens Energy previously said not using the bonds would add about $100 million to the cost of the deal over 30 years.
The state is one of only 14 nationwide without a renewable energy standard, according to the Pew Center of Global Climate Change.
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.
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.
The new plan includes an accelerated construction schedule for the city’s efforts to reduce sewage overflows from systems that carry both storm runoff and sanitary waste.
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.
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.
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.
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.
Regulatory proceedings involving the coal gasification plant are being delayed while investigations continue over conflicts of interest at the IURC.
Playing a limited role under Indianapolis Water's new owner, Citizens Energy, wouldn't be profitable, Veolia says. Citizens plans to make job offers to "substantially all" Veolia employees.
Two private watchdog groups have asked the new U.S. attorney in Indianapolis to investigate an ethics flap that has embroiled the Indiana Utility Regulatory Commission and Duke Energy.
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.
Citizens Energy Group projects that the gas bill of its average residential customer will decline about 7 percent over the winter heating season. The utility said a customer who uses the typical amount of natural gas will spend $580, down from $620 last season.
The renovations complied with Indiana’s plan for implementing the federal Clean Air Act, a three-judge panel of the U.S. Court of Appeals in Chicago said in Tuesday’s ruling.
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.
Indiana Statehouse Democrats are calling for for more investigations and wholesale restructurings amid an ethics flap enveloping the Indiana Utility Regulatory Commission.
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.
The Indiana Utility Regulatory Commission canceled a hearing set for Thursday on Duke Energy Corp.’s controversial Edwardsport power plant amid a conflict-of-interest scandal that cost the agency’s chief his job.
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.