Hoosier families served by Duke will pay more than $40/month more on average beginning in October than they did during the same period last year.
- August 1, 2022
According to comments and reports submitted by Citizens Action Coalition of Indiana (CAC), in partnership with Earthjustice and Vote Solar, Duke Energy Indiana (Duke) failed to comply with the Indiana Utility Regulatory Commission’s (IURC) rules governing Integrated Resource Plans (IRPs). Duke broke the rules by declining to properly provide opportunities for public engagement in their 2021 Integrated Resource Plan for electric utilities.
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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