IURC approves settlement saddling ratepayers with Edwardsport IGCC plant costs!
On December 27, 2012, the Indiana Utility Regulatory Commission approved a Settlement agreement between Duke Energy and the Indiana Office of Utility Consumer Counselor (OUCC) that effectively closes the case on the ethics scandal and forces ratepayers to pay the price for an illegitimate power plant that never should have been approved to begin with! The battle is not over! CAC will be filing suit against the agreement in the Indiana Court of Appeals so that Duke ratepayers can finally have their day in court.
More details to come.