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Duke Energy is seeking Indiana Utility Regulatory Commission (IURC) approval of a seven-year plan for electric transmission, distribution and storage system improvements, including incremental rate recovery of those costs as the projects proceed. The utility refers to the program as its Transmission and Distribution Infrastructure Improvement Plan (T&D Plan).
While the utility had originally proposed a $1.83 billion plan, a recent settlement agreement will cap rate recovery for the plan's projects at $1.4 billion if approved. The OUCC's March 7, 2016 news release offers a summary.
The OUCC issued a January 19, 2016 news release to invite consumer comments.
An IURC settlement hearing is scheduled for May 2, 2016.
Duke Energy filed its request under a law (Senate Enrolled Act 560) passed by the Indiana General Assembly in 2013.
A brief summary of the 2013 law
Indiana Code 8-1-39 allows electric and natural gas utilities to submit 7-year infrastructure improvement plans for IURC approval. It requires the IURC to rule within 210 days once such a request is filed.
Duke Energy's request
All public filings in the case, including settlement testimony, are available by visiting the IURC's Electronic Document System and entering docket number 44720.
According to the utility's testimony and exhibits:
This page will be updated based on future developments.