Even though Indiana ranks fifth in the most power plant emissions in the country, it has still cut emissions in half since 2005.

Duke Energy announced it will retire its Gallagher coal plant in New Albany, Indiana, more than a year early.

Indianapolis Power & Light officials announced Wednesday the company will have a new name, AES Indiana.

Much like refinancing a home, securitization allows customers to pay off the remaining costs of coal plants over a longer period of time at a lower rate -- which is supposed to lower their energy bills and make the transition to renewable energy easier.

Four years ago, Indiana passed a law to slowly decrease the amount solar customers get for energy they generate -- from the higher retail rate to the lower wholesale rate.

While the rapid transition to renewable energy may save utility customers money in the long run, it can lead to higher energy bills in the short term.

The bill is based off of a similar law in Michigan. Every year electric utilities would have to show how they plan to provide reliable energy to their customers for the next three years.

A new program at Indiana State University aims to retrain coal plant workers in electric transmission and distribution.

The Schahfer, Michigan City, Petersburg and Rockport coal plants will be fully or partially closed by 2028. Thatll likely mean less tax revenue for things like schools.

The state has approved Duke Energy's rate increase, but for less than half as much money as the utility had requested. The utility had asked for $395 million last July and was approved for $146 million.