IURC Issues Order in Duke Energy Indiana Rate Case

The Indiana Utility Regulatory Commission issued an Order Monday concluding its year-long review of Duke Energy’s base rate case lowering the utility’s request for a revenue increase by approximately 60 percent.

The Order authorized the utility an additional annual revenue of approximately $146 million.

This is a significant reduction from both the utility’s original request of $395 million and its later revised request of $362 million.

The increase will be implemented in two phases.