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Trump warns Iran to agree to a deal 'before there is nothing left'; 'No Kings' rallies planned across Massachusetts on Saturday; NV disability advocate alarmed by proposed cuts to Medicaid; Advocates push for economic inclusion during Pride Month in GA.

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Democrats demand answers on CA Sen. Padilla's handcuffing and removal from a DHS news conference. Defense Secretary Hegseth defends the administration's protest response as preventative, and Trump vows protests of Saturday's military parade will be met with "heavy" force.

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EV charging stations are harder to find in rural America, improving the mental health of children and teachers is the goal of a new partnership in seven rural states, and a once segregated Mississippi movie theater is born again.

Duke Energy's proposed rate hike, profits under fire

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Friday, September 20, 2024   

Duke Energy is facing criticism over its proposed rate hikes of up to 16%, while delaying the retirement of its coal-fired power plants in Indiana.

The energy company, which recorded a profit of $497 million in the state in 2023, is now seeking approval for the increase, citing rising operational costs.

Robyn Skuya-Boss, director of the Hoosier Chapter of the Sierra Club, questioned the necessity of the rate hike, especially given the company's recent profits.

"That is money that is coming out of customers' pockets," Skuya-Boss pointed out. "We are really questioning, why does Duke need a rate increase now?"

Duke Energy has defended its decision, explaining the rate increase is needed to maintain and upgrade its infrastructure, as well as cover the costs of transitioning to cleaner energy sources. The company has also pointed to inflation and other economic factors driving up operational expenses.

However, the delayed closure of the coal plants has sparked further criticism from environmentalists. Skuya-Boss argued keeping the plants operational contradicts Duke's pledges to reduce carbon emissions and transition to renewable energy.

"That's an expensive choice for them to be making for customers," Skuya-Boss emphasized. "Our contention is really to see Duke Energy make the decision this year to invest in that clean energy transition."

Regulators are reviewing the requested rate increase, with the outcome potentially affecting costs for thousands of Duke Energy customers in Indiana. Both sides are making their case to the Indiana Utility Regulatory Commission, with ratepayers and advocacy groups urging the commission to carefully consider the financial implications before approving any increase.


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