INDIANAPOLIS -- Duke Energy customers can expect a rate hike after the Indiana Utility Regulatory Commission approved their request on Wednesday. According to an Indiana Utility Regulatory Commission report obtained by FOX59/CSB4, Duke Energy has been permitted to raise its retail rates and electric bills after the IURC allowed the company to increase its revenue to around $395 million. The company had originally requested to increase its revenu…

WDRB News

Louisville

Jefferson County

Kentucky

United States

Duke Energy rate hikes to take effect in February

The final impact on utility bills remains to be seen.

Media Bias/Fact Check

Block Communications

All Sides

Fox 59 Indianapolis

Nexstar Media Group

Tribune Media

Indianapolis

Marion County

Indiana

Duke Energy gets approval to raise rates in Indiana

Many Hoosiers may see their energy bills go up soon. Duke Energy asked state regulators for a rate hike in April of last year. In an order from the state released this week, they have been given permission to raise their energy rates, but well short of what Duke Energy had been initially looking for. They originally asked for an increase of about 27-bucks a month per customer. Duke Energy says it is reviewing the order from state regulators befo…

WWBL

Washington

Daviess County

Duke Energy Rate Hike Approved by Indiana Regulators

HENDERSON, Ky. (WEHT) -- Duke Energy has received approval from the Indiana Utility Regulatory Commission (IURC) to raise their rates in the state. Documents from the IURC say Duke Energy petitioned in April of 2024 to increase its retail rates and charges for electric service. On Wednesday, the IURC approved their request. IURC says Duke Energy Indiana is authorized to put into effect an annual increase to its rates and charges of $395,691,000.…

TRISTATEHOMEPAGE

Duke Energy to raise rates in Indiana after approval from the state

CBS 4 - Indianapolis News, Weather, Traffic and Sports | WTTV…

(Statewide) – Many Hoosiers may see their energy bills go up soon. Duke Energy had asked state regulators for a rate hike in April of last year. In an order from the state released this week, they have been given permission to raise their energy rates, but well short of what Duke Energy had been initially looking for. They originally asked for an increase of about 27-bucks a month per customer. Duke Energy says they are reviewing the order from …

WRBI Radio

Duke Rate Hike Approved – WRBI Radio

Duke Energy Indiana received approval Wednesday from state regulators to increase its base electricity rates, but at a lower amount than the utility initially proposed. The Indiana Utility Regulatory Commission, or IURC, gave approval for an increase of $395.7 million a year for rates and charges, down from the $491.5 million hike requested by Duke—a decrease of 19.5%. Plainfield-based Duke said the new rates are expected to take effect in late …

dailyjournal.net

Indiana regulators OK electricity rate hike for Duke Energy

Many Hoosiers may see their energy bills go up soon. Duke Energy says they are "reviewing" an order from the state allowing them to raise rates before they make a final decision.

wibc.com

Emmis Communications

Duke Energy “Reviewing” Order From State Allowing For Rate Hike

INDIANA – State regulators approved a $395.7 million annual rate increase for Duke Energy Indiana on Wednesday, approximately 19.5% less than the utility’s initial request of $491.5 million. The Indiana Utility Regulatory Commission’s decision comes after Duke, the state’s largest electric utility, sought a 16% rate increase over two years. The new rates are expected to take effect in late February, affecting about 900,000 customers across 69 In…

wbiw.com

Duke Energy Indiana gets approval for smaller rate hike than requested

Duke Energy

Indiana, United States

Duke Energy gets approval to raise rates in Indiana

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics