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Data centers and other energy-demanding industries are moving to Indiana, increasing the need for more water and energy generation, the governor said.
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The nondiscriminatory agreement would apply to all “large load” customers once regulators approve.
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Duke Energy is requesting permission from the state to increase base rates by 16.2 percent, effectively raising $491.5 million in profits.
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The transmission operator serving 16 states and a Canadian province — including Indiana — could face a capacity deficit as soon as next summer.
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Indiana utility companies are still working to restore power to tens of thousands of customers remaining offline since Thursday’s storm. Officials said at least 90,000 customers were still waiting for power to be restored Friday.
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A storm system that swept into Indiana on Thursday afternoon caused widespread electricity outages in the southern and central parts of the state. More than 80,000 customers are still without power.
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Here is what environmental experts are saying about the future effects of climate change.
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Most municipal utilities — run by cities and towns — have lower bills.
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The Petersburg plant currently employs about 300 people and is one of the largest taxpayers in Pike County. It also emits the third most greenhouse gases of any facility in the state.
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Since the Sierra Club released its first utility scorecard last year, more than half of electric utilities in the U.S. made improvements — but 35 percent of them got even lower scores than the previous report.