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Duke Energy Rate Case

The IURC issued its order in the Duke Energy rate case on June 29, 2020, authorizing a $146 million increase in the utility's annual operating revenues.

The Indiana Supreme Court reversed a portion of the Commission's order on Mar. 10, 2022. Duke Energy's petition for rehearing was denied by the Indiana Supreme Court on May 26, 2022.

  • A settlement agreement resolving issues on remand received Commission approval on Apr. 12, 2023.
  • The OUCC, industrial customers, and Duke Energy reached the agreement and filed testimony supporting it.
  • The approved settlement will provide customers with $70.25 million in refund credits, and $23.2 million in annual credits going forward.

In the parties' respective closing briefs in the original IURC case, Duke Energy requested a $362 million increase. The OUCC recommended a rate reduction of approximately $135 million.

IURC public field hearings in this case were held in Carmel, Terre Haute, and New Albany. The OUCC issued an August 27, 2019 news release to invite consumer comments.

All publicly filed documents in IURC Cause No. 45253 are posted in the Commission's case file, including consumer comments filed by the OUCC. Issues regarding ash pond closure costs and a proposed electric vehicle pilot program have been moved to separate subdockets.

The OUCC filed the following testimony on Duke Energy's rate request on October 30, 2019:

Duke Energy filed its petition on July 2, 2019. Its initial testimony included:

4-17-2023