Coal gasification plant could boost rates 16 percent

20 June 2007 — A coal gasification plant Duke Energy Corp. and Vectren Corp. want to build near Edwardsport in southwestern Indiana would push electric rates up 13 percent to 16 percent, a Duke official told the Indiana Utility Regulatory Commission yesterday. The $2 billion project, which would make synthetic gas from Indiana coal, would replace a Duke plant at the site.