UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 


 

Date of Report (Date of earliest event reported): March 10, 2011

 

DUKE ENERGY CORPORATION

 (Exact Name of Registrant as Specified in its Charter)

 

Delaware

 

001-32853

 

20-2777218

(State or Other Jurisdiction

of Incorporation)

 

(Commission

 File Number)

 

(IRS Employer

 Identification No.)

 

526 South Church Street, Charlotte, North Carolina  28202

(Address of Principal Executive Offices, including Zip code)

 

(704) 594-6200

(Registrant’s telephone number, including area code)

 

DUKE ENERGY INDIANA, INC.

 (Exact Name of Registrant as Specified in its Charter)

 

Indiana

 

1-3543

 

35-0594457

(State or Other Jurisdiction
of Incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

1000 East Main Street, Plainfield, Indiana 46168

(Address of Principal Executive Offices, including Zip code)

 

(704) 594-6200

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))

 

 

 



 

Item 8.01.  Other Events.

 

On March 10, 2011, Duke Energy Indiana, Inc. (“DE Indiana”) filed testimony with the Indiana Utility Regulatory Commission (“IURC”) proposing a framework designed to mitigate the customer rate impacts associated with the Edwardsport IGCC project.  DE Indiana’s filing proposed a cap on the project’s construction costs, excluding financing costs, which can be passed along to customers at $2.72 billion.  It also proposed rate-related adjustments that will lower the overall customer rate increase related to the project from an average of 19 percent to approximately 16 percent.  The proposal is subject to the approval of the IURC.

 

A summary providing additional detail on the proposal outlined in the filing is attached as Exhibit 99.1.

 

Item 9.01.   Financial Statements and Exhibits.

 

(d)                               Exhibits.

 

99.1                           Summary of Proposed Edwardsport IGCC Project Cost Cap.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

DUKE ENERGY CORPORATION

 

 

 

 

 

 

Date: March 11, 2011

 

By:

/s/ Marc E. Manly

 

 

Name:

Marc E. Manly

 

 

Title:

Group Executive, Chief Legal Officer and Corporate Secretary

 

 

 

 

 

DUKE ENERGY INDIANA, INC.

 

 

 

 

 

 

Date: March 11, 2011

 

By:

/s/ Marc E. Manly

 

 

Name:

Marc E. Manly

 

 

Title:

Group Executive and Chief Legal Officer

 

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EXHIBIT INDEX

 

Exhibit

 

Description

 

 

 

99.1

 

Summary of Proposed Edwardsport IGCC Project Cost Cap.

 

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