Indiana Utility Regulatory Commission
302 West Washington Street, Room
306
Indianapolis, Indiana 46204
317.232.2297 office
317.233.1982 fax
The Indiana Utility Regulatory
Commission today approved a request from Duke Energy Vigo to build and operate
a 620 MW power generation facility.
In Cause
No. 41804, the majority of the Commissioners are satisfied that there is not
only a generic need for power in the region, but also a particular need for the
power that will be generated by the facility.
The
evidence in this case also indicates that the facility should reduce the cost
of power and provide additional power that, in turn, will benefit ratepayers in
Indiana. The company also agrees to
operate its facility in a manner consistent with good utility practice that
will not harm or cause harm to Indiana retail customers.
The
record shows that community leaders support the project and no members of the
general public appeared or sought to testify against it.
The plant
will be located 7 miles southwest of the city of Terre Haute, in Vigo County,
Indiana. The company has submitted
evidence that it has complied with local zoning and land use requirements, and
has obtained or will obtain all local construction-related permits.
To
allow the IURC to keep track of electric systems across the state, the order
requires the company to keep the IURC informed of progress during
construction. The company is also
required to seek prior approval of any transfer of assets owned by Duke Energy
Vigo.
Electricity
generated at the facility will be sold solely on the wholesale market. Duke Energy Vigo does not intend and is not
authorized by the IURC to sell any electricity generated from this facility to
the public on a retail basis.
Duke Energy Vigo is a Limited
Liability Company organized and existing under the laws of the State of
Delaware. It is a publicly traded
energy services company with extensive domestic and international operations.
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