Duke Energy gets go-ahead to raise rates 16 percent for Ind. customers

Duke Energy gets go-ahead to raise rates 16 percent for Ind. customers

Duke Energy gets go-ahead to raise rates 16 percent for Ind. customers

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by AP

WHAS11.com

Posted on March 20, 2014 at 1:00 PM

INDIANAPOLIS (AP) -- Duke Energy has the go-ahead to raise electricity rates to pay for its Edwardsport coal gasification plant.

The Indiana Court of Appeals ruled against environmental and consumer groups that sought to overturn a decision by state regulators.

The ruling lets Duke charge its 790,000 Indiana customers 16 percent more on monthly bills.
 

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