INDIANAPOLIS — One week after AES filed to reduce rates for customers, Duke Energy has done the same thing.
The Indiana Utility Regulatory Commission (IURC) approved Duke’s request to lower bills by 16%.
According to the company, average residential customers use about 1,000 kWh per month and will see their bill decrease by $26. The decrease will be in effect from April through June.
Duke says the reason for the decrease is fluctuating fuel costs. Electric bills in 2022 were higher due to an increase in fuel that affected the cost of power utilities.
“Fuel and purchased power can account for as much as 25% to 45% of an average residential customer’s bill, so when the markets are volatile, it can have a big impact on energy bills,” said Duke Energy Indiana President Stan Pinegar. “We’re starting to see costs stabilize, and the Indiana Utility Regulatory Commission has approved our request to pass those savings along to customers.”
This is the second rate decrease Duke Energy has filed for this year.
The first decrease of 5.5% was approved for Jan. through March.
-
Deer disease's impact on hunting, feeding the hungry in South Central Indiana
For some Hoosiers, deer hunting season will be impacted by epizootic hemorrhagic disease (EHD). Lower bag limits have been introduced in some Indiana counties, which could impact hunters.
Winter is coming: How to get your home ready before the first freeze
As the colder temperatures hit, local experts are emphasizing the tips you need to remember to get your home prepared ahead of the winter season.
Marion Co Community Corrections to review protocol after arrestee escapes
Marion County Community Corrections says it will be reviewing its protocols moving forward after an arrestee escaped from a transport van on Tuesday.
Hamilton County opens first mental health crisis center in Noblesville
Aspire Indiana Health's Rely Center provides immediate support for suicidal thoughts, substance use crisis and psychiatric emergencies in a welcoming environment.
