Letter to the Editor by Jim Warren. Duke Energy’s Senate Bill 559 is indeed a Trojan Horse (oped June 1). The bill – which could be worth tens of billions for Duke – is as lousy as the deceptive process pushing it forward.
Senate Bill 559 (and companion House Bill 624) could allow electric monopolies to gouge customers for billions in bogus charges and get a single regulatory approval for five-year blocks of annual rate increases – all with even less public and regulatory oversight than exists under the current system. Every stakeholder group opposes the bill – business big and small, consumer, clean energy and environmental justice groups. Only Duke and its political cronies are promoting it.
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Duke Energy is pushing a Trojan horse – which, while disguised as legislation to give state regulators more flexibility, would permit Duke to earn excessive profits at customers’ expense without the comprehensive scrutiny it currently receives from regulators.
Key provisions to extend the period of time between utility company rate cases are embedded within N.C. Senate Bill 559, being debated at the N.C. General Assembly. Similar provisions hurt Virginia customers, and will hurt North Carolina customers, too.
By John Downey NC WARN has filed an ethics complaint against Sen. Dan Blue, D-Wake, contending there is a conflict of interest between his sponsorship of legislation about utility regulation and his law firm’s work for the Atlantic Coast Pipeline. The complaint, filed Wednesday morning with the N.C. Ethics Commission, raises …
A climate change group known for taking on Duke Energy filed an ethics complaint against Senate Minority Leader Dan Blue on Wednesday, suggesting that his support of key legislation for the company is tied to work his family law firm does for the Duke’s planned natural gas pipeline.
[NC WARN] says Blue, a Wake County Democrat and the Senate minority leader, has a glaring conflict of interest. He is the lead sponsor of legislation, Senate Bill 559, that would change the state’s utility commission’s rate-setting structure even as Blue’s law firm — which includes his two sons — is representing a holding company tied to Duke Energy in eminent domain cases related to the Atlantic Coast Pipeline.
A clean-energy advocacy group wants an investigation into whether a longtime North Carolina legislator violated ethics laws by pushing legislation sought by Duke Energy Corp. while his law firm did legal work for a gas pipeline project.
The top Democrat in the North Carolina Senate is facing accusations that Duke Energy is paying him as he helps advance the utility company’s legislative agenda.
A watchdog group today filed a lengthy complaint with the NC Ethics Commission outlining what they say is an improper arrangement between Duke Energy and Senate Minority Leader Dan Blue.
Visual Timeline: When Did Dealmaking Begin?
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Debate over a controversial proposal on electricity rates ratcheted up this week with two environmental groups’ full-page newspaper ad asking the state Senate’s top-ranking Democrat, Dan Blue, to end his support for a Duke Energy bill and stop taking the company’s “dirty money.”The North Carolina Conservation Network was calling residents Monday, asking them to register their opposition to Senate Bill 559, which it described as a “blank check for Duke Energy.”