Duke Energy (DUK -0.7%) opens lower after state regulators yesterday approved a deal that caps...

|About: Duke Energy Corporation (DUK)|By:, SA News Editor

Duke Energy (DUK -0.7%) opens lower after state regulators yesterday approved a deal that caps at $2.6B the amount of construction costs DUK can pass along to consumers for its troubled Edwardsport coal-gasification plant in Indiana, requiring the utility to absorb nearly $900M in cost overruns.