Duke Energy

Indiana's utility regulatory commission opened an investigation into rising energy costs, questioning the state's five investor-owned utilities at a public hearing as customer complaints hit record levels.

Duke Energy Indiana has received approval for two new natural gas units at Cayuga Station in Vermillion County, Indiana, after about six months of sparring with opponents before the Indiana Utility Regulatory Commission (IURC).

The Indiana Court of Appeals ruled Tuesday that the Indiana Utility Regulatory Commission shouldn't have approved Duke's plans to raise rates.

In the settlement with Reliable Energy Inc., Duke said it will hire an engineering firm to study the feasibility of building the new gas plant while keeping Cayuga running. But that's only if the state approves the gas plant and the settlement.

Union workers at Duke Energy are preparing for a potential strike over failed contract negotiations with the company. The International Brotherhood of Electric Workers Local 1393 represents nearly 1,000 Duke Energy workers across the state.

Two consumer advocates are split on Duke Energy's proposal to close the Cayuga coal plant. But they both said a new, $3 billion natural gas plant isn't the right thing for Duke's customers.

Last year the Sierra Club gave Duke an F on its climate commitments, far lower than any other investor-owned utility in the state.

If the company follows through, Duke would be the last Indiana investor-owned utility to stop burning coal by a decade.

Some Duke Energy customers are fighting against a recent price hike proposal. The electric utility is asking state regulators to approve almost $500 million in new rate increases – which would raise the average customer’s bill by about $27 a month.

Last year, the state Supreme Court ruled that Duke couldnt recover more than $200 million from its customers in extra costs that came with complying with federal coal ash rules.