Duke is making a lot of noise in its attempt to divert attention from the massive cost exposure potential related to the alternative rate mechanism proposal by focusing attention on the securitization section of SB559. Parkdale’s opposition is with Duke’s proposed multi-year ratemaking and return-on-equity banding, which will result in enormous rate hikes on all North Carolinians and businesses.
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Fracked Gas Pipeline Would Cost NC $20 Billion, a Cruel Hoax — News Release from Energy Justice NC Coalition
If ever completed, a stalled and controversial fracked gas pipeline would cost North Carolinians over $20 billion due to ongoing cost overruns, make energy bills soar and amplify statewide climate impacts, the Energy Justice NC Coalition told Governor Roy Cooper today.
See coverage by Rocky Mount Telegram
Utilities Commission Sides with Duke in 15-year Planning Docket — News Release from NC WARN
Late yesterday the NC Utilities Commission effectively denied NC WARN’s November motion calling for an evidence-based hearing over Duke Energy’s hotly contested 15-year plan to limit renewable power, constantly raise power bills and greatly expand its use of climate-wrecking fracked gas.
N.C. should block this Duke Energy power grab — Former VA Attorney General
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.
Ongoing Ethics Violations Cited against NC Senate Minority Leader Dan Blue — News Release from NC WARN
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?
See articles by News & Observer Editorial, News & Observer coverage, WRAL, Associated Press, and Charlotte Business Journal
Public Energy Enemy No. 1 — News Release from NC WARN and EWG
Duke Energy is the largest investor-owned electric utility in the U.S. But a new report by Environmental Working Group reveals another distinction: Its puny investments in renewable energy, schemes to penalize customers who want to go solar, and environmental record make Duke public energy enemy No. 1.
Duke Boosted Donations to Grease Ugly Bill — News Release from EJNC
A report out today from a coalition of 14 community and environmental justice organizations reveals that Duke Energy skewed its political campaign contributions last year in order to gain support from Senate Minority Leader Dan Blue and other lawmakers instrumental in reviewing what is now a highly controversial bill.
Legislators Should Reject Duke Energy Deception and Annual Rate Hike Bill — News Release from EJNC
Senate Bill 559 is a bait & switch for the rejected $13 billion grid scheme and $10 billion in coal ash costs – further proof that it’s time to end the Duke monopoly.
Critics challenge Duke Energy’s long-range plan. Will it make a difference this time? — Energy News Network
Every two years, critics blast Duke Energy’s long-term generation plan in North Carolina, decrying it for containing too much coal and gas and too little renewable power. Each time, regulators approve the company’s blueprint with few if any changes.
Cooper’s Appointments to Utilities Commission — News Release from EJNC
A coalition of 14 environmental justice groups today called on North Carolina Governor Roy Cooper to appoint members to the North Carolina Utilities Commission that do not have ties to the fossil fuel industry and will protect public health and promote clean energy.