Plans for New Duke Plant at Cayuga Opposed by OUCC

The state agency responsible for protecting utility consumers is urging regulators to reject Duke Energy Indiana’s proposal to retire two coal-powered units at the Cayuga Generating Station and replace them with new natural gas units.
The project, with a $3.3 billion price tag, could lead to a 5.4% rate increase for customers between 2026 and 2032.
The Office of Utility Consumer Counselor suggests alternatives like extending the existing units’ lifespan or converting them to natural gas.
Critics argue that the project may become obsolete due to technological advancements and could result in higher costs for customers.
Duke Energy defends the plan, emphasizing the need for additional power in the near term.