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.
-
AT&T offering $5,000 for information on central Indiana copper thefts
AT&T says the thefts have occurred in Brown, Marion, and Shelby counties, with the largest theft occurring in southwest Indianapolis.
Indy Airport lands three new flights to Atlanta, Tampa and Portland
Starting in Spring of 2025, Allegiant will provide a new nonstop flight to Portland and Frontier Airlines will launch flights to Atlanta and Tampa.
Mozel Sanders Foundation will serve free Thanksgiving meals at these locations
For over 50 years, the Mozel Sanders Foundations has upheld its tradition of serving Thanksgiving Day meals to those in need, and they won't be stopping anytime soon.
Trump's mass deportation plan targets specific groups of immigrants
President-elect Donald Trump's mass deportation plan targets specific groups of immigrants. Here's what to know.
