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Robeson County Opposes Duke Rate Hike — Robesonian

Robeson County leaders are taking a stand against Duke Energy’s plan to seek state approval to charge more for the electricity it sells. The utility says its needs to raise rates to pay for costs incurred during recent weather events, including Hurricane Florence.

Duke Energy Profits from Execs’ Major Blunders — News Release from NC WARN

The NC Utilities Commission ordered this state’s Duke Energy Carolinas customers to pay $545 million for coal ash negligence and $347 million for the utility’s 13-year, failed effort to begin construction of twin nuclear reactors – a project now cancelled. Even more shameful is that the commission granted Duke a roughly 10 percent mark-up on the coal ash mistake by corporate execs, just as it did in the Duke Progress case earlier this year.

Duke CEO Promised Investors $16 Billion in Grid Upgrades – On Top of Multiple Rate Hikes for Gas Plants and Coal Ash — News Release from NC WARN

Duke Energy CEO Lynn Good recently promised investors they could count on “multiple rate cases” in both of the corporation’s Carolinas service areas beginning next year – to fund seemingly endless construction of fracked gas power plants and clean-up of coal ash.  Separately, she promised to boost rates and profits via a $16 billion electric “grid modernization” scheme that an expert for the NC Sustainable Energy Association (NCSEA) testified could, on its own, raise residential rates by up to 50 percent.

More Groups Blast Duke Energy’s Last-Minute Rate Deal — News Release from NC WARN

Duke Energy’s proposed side deal at the 11th hour of an already controversial rate case continues drawing opposition from consumer watchdogs, industrial customers, tech giants and environmental groups.  It appears the vaguely worded deal could bring an initial rate hike of 26 percent over the first three years – while becoming a perpetual tax on customers.