Utility Company Duke Energy wants customers to underwrite $920 million in over budget expenses at its Edwardsport plant.
The Indiana Utility Consumer Counselor's Office said Duke was unqualified to build the plant and should be held responsible for going over budget, 6News' Norman Cox reported.
Indiana Gov. Mitch Daniels said he supports the recommendation and said he just wants to see the plant finished.
"I just want to see it there, using Indiana coal, paying Hoosiers, as opposed to people in other states paying for the energy we need," Daniels said.
Upon completion, Edwardsport will be the largest coal gasification plant in the world.
The plant will process Indiana coal into cleaner-burning natural gas which it will burn to produce electricity.
The Consumer Counselor's Office testimony said that Duke essentially botched the construction of the plant because it refused to hire a qualified outside construction manager to build it.
As a result, the plant, which was supposed to cost $1.98 billion, ballooned to $2.9 billion.
This looks bleak for Duke Energy. Can you think of any excuses they might have that would justify putting the entire $2.9 billion in the rate base?