Duke Energy http://wfpl.org en Indiana Regulators Approve Modified Deal for Coal Gasification Plant http://wfpl.org/post/indiana-regulators-approve-modified-deal-coal-gasification-plant <p>Regulators have approved a settlement that prohibits Duke Energy from passing on to consumers all the costs the company will incur building a coal-gasification plant in southwestern Indiana.</p><p>Costs for the plant in Edwardsport have increased substantially since it was proposed in 2007, and the latest estimate is $3.5 billion. Under the new agreement, Duke’s customers will pay nearly $2.6 billion for the plant, while the utility will be forced to absorb nearly $900 million in cost overruns.</p> Thu, 27 Dec 2012 20:59:33 +0000 Erica Peterson & The Associated Press 3153 at http://wfpl.org Indiana Regulators Approve Modified Deal for Coal Gasification Plant