Duke Energy Indiana has received approval from the Indiana Utility Regulatory Commission (IURC) to increase its base electricity rates in order to to modernize the power grid and increase security.
In May, CenterPoint reached an agreement with local industrial customers to lower the request to $80 million annually. An analysis by the Indiana Office of Utility Consumer Counselor, the state agency ...
Duke Energy officials said the rate increase was necessary to allow it to modernize the electric grid to make it more resistant to power outages. New rates are expected to take effect in late February ...