By: Keith Klein
(Photo: Indiana Public Radio)
Bills for Duke Energy customers in Indiana will increase over the next two years after the state authorized the increase for the utility. It is unclear the amount of increase ratepayers will see on their bills. It will likely be a 6% increase or more for residential customers, according to Kerwin Olson, Executive Director of the consumer advocacy group Citizens Action Coalition. The IURC approved a $146 million increase in annual revenue for Duke Energy. The increase is a “significant reduction” from the utility’s originally requested nearly $400 million and its later revised request of $362 million, according to the IURC. The Commission approved increase is 60% less than what Duke had asked for. Duke’s original request– one of the largest in Indiana history – could have raised rates for customers by as much as $23 per month.
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