Consumer News... For You! July 2024

July 2024
Duke Energy

The OUCC is inviting written public comments in the Duke Energy rate case through July 5.

Duke Energy’s request would raise annual revenues for its Indiana electric utility by nearly $492 million. The utility's testimony and exhibits project that an average monthly residential bill for 1,000 kWh would be $170.67 when new rates are fully implemented in March 2025.

OUCC technical analysts and attorneys are reviewing Duke Energy's proposal with testimony due on July 11. A final Commission order is expected in January 2025.

Natural Gas Cases

A settlement agreement in the Boonville Natural Gas Corporation rate case would reduce the utility's requested increase from more than $1 Million to approximately $735,000. The OUCC recommended capping the increase at nearly $716,000.

The agreement is pending before the IURC which can accept, modify, or deny any settlement it considers. 

In a separate case, the OUCC has reached an agreement in principle with Ohio Valley Gas on its pending rate request. The parties expect to file a formal settlement agreement and supporting testimony on July 10. 

Additional Case Updates