INDIANAPOLIS (AP) _ Duke Energy is proposing a nearly $2 billion upgrade of its electric grid that would include adding technology that Indiana's largest utility says would help reduce power outages.
Duke's seven-year plan filed Friday with the Indiana Utility Regulatory Commission includes infrastructure upgrades and adding new technology it says will mean fewer and shorter electrical outages.
If regulators approve the $1.9 billion plan, Duke says its Indiana customers would see rate increases averaging about 1 percent per year between 2016 and 2022.