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Duke Energy

Duke Edwardsport Plant (Still) Overpaying and Underperforming

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.

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Citizen Groups Join Edwardsport IGCC Settlement

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.

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