INDIANAPOLIS— Since June 2013, when the Edwardsport IGCC power plant in Knox County, Indiana, was declared “in-service”, by Duke Energy, its captive ratepayers have doled out nearly $1.8 billion to pay for the inconsistent and unreliable operations of the plant. According to expert testimony filed on Tuesday by the Citizens Action Coalition (CAC) before the Indiana Utility Regulatory Commission (IURC), this represents $1.4 billion more than ratepayers would have paid for electricity on the wholesale market, a huge subsidy to the monopoly utility Duke Energy and a massive economic loss for captive ratepayers.
- July 31, 2018
- January 19, 2016
- January 15, 2016
A group of advocacy organizations, including Citizens Action Coalition, Save the Valley, Sierra Club, and Valley Watch, joined a modified settlement that was filed today at the Indiana Utility Regulatory Commission (IURC) regarding Duke Energy’s Edwardsport IGCC plant in Knox County, IN. The settlement, which builds off of an initial settlement reached in 2015, paves the way for additional consumer protections for Hoosiers and coal retirements in Indiana.
- February 2, 2015
Hearings begin this Wednesday at the Indiana Utility Regulatory Commission (IURC) to determine who should pay the unbelievable costs associated with Duke Energy’s newest power plant, the problem-plagued and scandal-ridden Edwardsport IGCC plant in Knox County, Indiana.
The coal-gasification plant has now been operating for just over 18 months. Duke initially promised the plant would cost $1.9 billion, but the price tag has since ballooned to over $3.5 billion.
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