Indianapolis — The Indiana agency representing utility ratepayers is accusing Duke Energy Corp. of grossly mismanaging the $2.9 billion coal-gasification plant it’s building in southwestern Indiana.
The Office of Utility Consumer Counselor also said Thursday that Duke concealed vital information from regulators about the plant, which has been plagued by cost overruns and is set to open next year in Edwardsport.
The consumer counselor’s office contends Duke has been “woefully unqualified” to manage the plant’s construction and has pushed up its costs by using “unnecessarily complicated” engineering and construction methods.
The office says Duke has cost ratepayers millions of dollars “through arrogance or incompetence.”
A group of large industrial customers is urging state regulators to limit the cost of the plant that Duke can pass along to ratepayers to $1.98 billion.