Despite excess power generation capacity on hand and large plants sitting idle most of the year, southeast utilities including Duke Energy keep building more plants instead of buying power from each other as recommended by the Federal Energy Regulatory Commission (FERC). In December 2014, NC WARN told FERC that customers are being gouged by rate increases to pay for new, unneeded plants. We called on FERC to enforce its own recommendations and order an independent investigation. We requested that regulators in seven states cooperate with FERC to get clear on how much could be saved annually if utilities began sharing power supply through regional cooperation. Read more here and in the news items below.
Duke Energy, others manipulate electricity markets, waste billions of customer dollars as power plants sit idle while more are being built, says watchdog groupDuke Energy building unneeded power plants, group claims - The News & Observer Watchdog group files federal complaint against Duke Energy and Southeastern utilities - The Charlotte Observer More news coverage