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Duke Energy Indiana 2024 Rate Hike Base Rates Comparison
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Current BillProposed bill
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1000 kWhCharges & RatesTotal BillCharges & RatesTotal Bill
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Monthly Fixed Charge$10.54$10.54$13.70$13.70
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First 300 kWh$0.15$44.64$0.20$59.25
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Next 700 kWh$0.11$75.81$0.14$100.63
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All kWh over 1,000$0.10$0.00$0.13$0.00
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Total:$130.99Total:$173.58
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Increase:$42.59
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Current TrackersProposed Trackers
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Charge per kWhTotal charge for 1000 kWhCharge per kWhTotal charge for 1000 kWh
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Fuel Cost Adjustment0.002194$2.190$0.00
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Environmental Compliance Investment Adjustment
-0.00098-$0.980.001371$1.37
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TDSIC (Grid Modernization) Rate Adjustment0.002986$2.990.001228$1.23
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Energy Efficiency Revenue Adjustment0.002019$2.020.001008$1.01
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Credits Adjustment-0.0099-$9.90-0.006872-$6.87
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RTO Non-Fuel Costs and Revenues Adjustment
-0.000322-$0.320$0.00
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Reliability Adjustment-0.000055-$0.060.000283$0.28
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Federally Mandated Cost Adjustment0$0.000$0.00
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Renewable Energy Project Revenue Adjustment
0.000233$0.230.000074$0.07
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Load Control Adjustment0.001437$1.440$0.00
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Total:-$2.39Total:-$2.91
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Decrease:-$0.52
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Current BillProposed bill
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1000 kWhCharges & RatesTotal BillCharges & RatesTotal Bill
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Monthly Fixed Charge$10.54$10.54$13.70$13.70
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Base rates per kWh$0.12$120.45$0.16$159.88
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Trackers-0.002388-$2.39-0.002908-$2.91
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Total:$128.60Total:$170.67
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Increase:$42.07
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Percent increase:32.71%
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1000 kWhCurrentProposed
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PRICE PER kWh (with fixed charge)$0.13$0.17
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PRICE PER kWh (w/o fixed charge)$0.12$0.16
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