Vectren Defends Indiana Gas-Fired Power Plant Proposal

In June we told you about a plan by MidWest utility company Vectren to build a 900-megawatt natural gas-fired power plant (and a 50-acre solar farm) to replace a retiring coal plant, in Warrick County, Indiana (see Indiana Utility Files Request to Build New Gas-Fired Electric Plant). Building the gas plant and solar farm would cost Vectren (meaning ratepayers) $940 million. The cost is passed on to ratepayers because Vectren is regulated, which has set up a fierce battle to get it approved. We suspect Marcellus/Utica gas will feed the plant, which is why we’re interested.

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