For the third time in a row, the NC Utilities Commission’s Public Staff has settled the major part of a rate case with Duke Energy or Progress Energy before all the public and evidentiary hearings are held.
Duke Energy & State Regulators
NC WARN regularly challenges Duke Energy to make a rapid transition from fossil fuels to renewable energy and energy efficiency. We intervene at the NC Utilities Commission in cases involving Duke’s rate increases and 15-year Integrated Resource Plans (IRPs). And we have repeatedly reached out directly to the corporation’s executives, seeking to collaborate with them on finding ways to avert climate catastrophe. A few examples are listed here.
Related:
- Check out the new coalition: Energy Justice NC: End the Duke Monopoly
- Duke Energy page on Energy & Policy Institute website
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Doing the math on Duke’s rate hike – Charlotte Observer
Duke Energy Carolinas filed 5,012 pages of written testimony, data analyses and appendices Monday in support of its request for an overall 9.7 percent North Carolina rate hike. Buried in all those numbers is one that’s most relevant to most customers: 14 percent. That’s the increase the majority of residential customers are being asked to pay.
Watchdog group wants probe of Duke Energy negotiations – Charlotte Business Journal
Did Duke CEO and Top Regulator Break the Law by Cutting Deal on Merger Scandal? – News Release from NC WARN
Last week the Charlotte Observer published an interview in which Duke Energy CEO Jim Rogers said he had resolved the major scandal following his acquisition of Progress Energy by personally negotiating the settlement with NC Utilities Commission Chairman Ed Finley. Today NC WARN called on state Attorney General Roy Cooper to investigate that negotiation, which we believe was an unlawful communication that led to a multi-billion dollar miscarriage of justice against North Carolina’s electricity customers.
Group claims Duke Energy’s talks with state regulators were improper – Charlotte Observer
Consumer Alliance Warns of a Doubling of Electricity Rates under Duke Energy’s Business Plan – News Release from Consumers Against Rate Hikes
Economists say a proposed “annual rate hike bill” to fund new nuclear plants would be aninterest-free loan to Duke from ratepayers – without saving any money.
See the study
Duke Energy settlement may not lower customers’ power bills – WSOC-TV
Several energy watchdog groups told Eyewitness News a new settlement with Duke Energy will not help customers’ monthly power bills. Details of the settlement between Progress Energy and Duke Energy were released Thursday afternoon. If approved, it will end a months-long battle over their controversial merger.
Competing interests to spar over Progress rate request – The News & Observer
The number immediately jumped out to Jim Hoard: $9 million. That’s the amount Progress Energy expects to save within its first year of the merger with Duke Energy, according to the rate increase request Progress filed this month. The savings would come from streamlined operations and staff cuts that will eliminate 1,860 positions over three years.