Duke Energy is seeking IURC approval to build a new natural gas-fired power plant in Vermillion County, including permission to recover costs through future rates.
In testimony, the utility estimates project costs at approximately $3.33 billion.
Duke Energy customers have the opportunity to comment for the formal record on the utility's proposal to build and operate a new power plant in Vermillion County. The proposed 1,476-megawatt facility would include two natural gas-fired generating units and would replace the coal-fired units at the Cayuga Generating Station.
The project could lead to a 5.4% rate increase for customers between 2026 and 2032.
The OUCC filed the following testimony on May 8 recommending denial of the request as proposed:
Duke Energy filed its petition and the following testimony on Feb. 11:
All publicly filed documents in this case (Cause No. 46193) are available on the IURC's website.
The utility is scheduled to file rebuttal testimony on May 29.
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Column: Welcome to the Future!
