However, the OUCC
added that the impact of decrement pricing must be weighed against other costs incurred by a utility, such as storage fees for coal kept at the mine, storage fees with a third party, and the impact of taking generating units offline, and other related expenses.
As the BIC continues to do important research for the benefit of all Hoosiers, the OUCC is pleased to see this partnership continue.
This latest funding is in addition to an earlier $1 million Duke Energy grant to the BIC for energy storage research, under the terms of a previous settlement agreement among Duke Energy, the OUCC, and other parties in regard to the development of the Edwardsport plant.
With the transformation, OUCC
will see high-margin specialty-chemical products account for 60% of its total sales from the sub-45% currently, helping it to retain growth in profitability.
As a state agency, the OUCC
s mission is to represent all Indiana consumers to ensure quality, reliable utility services at the most reasonable prices possible through dedicated advocacy, consumer education, and creative problem solving.
also warned the twin moves could cause coal suppliers to be reluctant to bid into future Vectren coal solicitations.
This agreement is an example of the cooperative efforts between the OUCC
and Indiana utilities.