As Duke Energy continues its six-year PR campaign touting CEO Jim Rogers’ concerns about climate change and North Carolina’s economic health, long-range plans filed this month with state regulators contradict his professions. The plans reflect serial rate hikes to pay for an aggressive expansion of generating plants, and high carbon emissions for the next two decades.
See our page on Duke Energy’s 2017 rate hike requests, with details on hearing dates and other action alerts.
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Law professor Gene Nichol supports NC WARN’s call for a stand-alone examination of Duke’s rate scheme that favors the world’s richest corporations.
Duke claims it doesn’t have to reveal merger costs to the public; NC WARN argues nuclear fleet corrections dwarf public benefits and were key reasons in CEO firing
Consumers Against Rate Hikes claims victory and thanks legislators as the 2012 legislative session closes without an Annual Rate Hikes Bill that would raise rates for electricity customers every year to build expensive, unnecessary nuclear plants.
Attorney General Roy Cooper said Wednesday he will appeal the 7 percent N.C. rate hike Duke Energy won in January.
NC WARN calls for denial of annual rate hikes and current 18.6% request that would leave small customers paying twice the rate of energy-hogging data centers.
Not only did Duke Energy get a 7.2% rate hike last month, this is Duke’s fourth rate hike since 2009, and they’re filing for another general rate hike later this year. Unless Duke’s ambitious construction plans are stopped, we expect rate hikes to continue for the next decade.
Raleigh Rate Hearing Flyer
Duke rate hike still has critics – The Charlotte Observer
Duke Energy gets 7.2% rate increase in North Carolina – The Charlotte Business Journal
Hours before the 7 p.m. hearing, a crowd gathered more than a block away to protest Duke Energy’s proposed rate hike for customers before the N.C. Utilities Commission.