Dive Summary:
- An attorney for Duke Energy Corp. asked the Indiana Court of Appeals to reverse a state regulatory panel's decision that blocked the utility's plans to pass recovery costs from a 2009 ice storm onto its customers.
- Initially, Duke's proposal, which would pass $11.6 million in power-outage repairs onto its customers, was approved by regulators, but the decision was reversed after an unrelated Duke ethics case.
- The court is expected to rule on the matter "as soon as possible," but no timetable has been set for a decision.
From the article:
David Steiner, an attorney for the commission, told the court that the utility panel had reviewed different information leading up to its second order, including new testimony in the case from a top Duke Energy executive.
"This was a completely new look at the evidence," Steiner said, adding that the decision was "fully supported by the law and the facts." ...
